Hello Guys,
On Thu, Nov 25, 2010 at 12:30 PM, Nadeem Khan nadiem@gmail.com wrote:
Hello Anish,
Can you explain what you are working on in 2-3 lines? Also lt me know how much capital you are aiming at. If it excites me, I can invest in this, personally.
Thanks, Nadeem.
On Thu, Nov 25, 2010 at 7:57 AM, Anish Mohile anishsmohile@gmail.com wrote:
Hey Guys/Members,
I am not sure if this is the list I should be mailing but anyways,
I have an idea for developing a technology product and I am currently in
the
process of building a prototype.
I need seed funding for this product.
Can anyone tell me where can I get contacts to angel investors /
investors /
VC funds, etc...
Any help would really be appreciated.
PS: I plan to make some parts of the product open-source once things
start
clicking but that is still a long shot.
Hope to hear from you soon.
Thanks and Regards, Anish Mohile -- http://mm.glug-bom.org/mailman/listinfo/linuxers
Nadeem: I am looking for capital somewhere in the range of $80,000 to $90,000 for seeding the company.
Harsh: I have a theoretical working model not an actual working prototype. The seed capital includes the prototype development cost.
Mitul: Help with TiE will be greatly appreciated.
Any contacts with Angel Investors will also help.
Thanks and Regards, Anish Mohile
Hello Anish,
Nadeem: I am looking for capital somewhere in the range of $80,000 to $90,000 for seeding the company.
As Nadeem said, explain in not more then 2-3 lines of what you plan to do. $80k = Rs. 36 Lakhs.
For creating a product you wont need more then 10-15 Lakhs. Do more with less.
Harsh: I have a theoretical working model not an actual working prototype. The seed capital includes the prototype development cost.
I can tell you right away, investors dont like Theoretical Models, Put some money from your own pocket FIRST to make the functional prototype. If you do not believe in your own idea and not willing to put your own pocket money, why would Angels/Investor trust on what you do not trust yourself with your own money ?
Mitul: Help with TiE will be greatly appreciated.
http://mumbai.tie.org/chapterHome/about_tie/ContactUs200701185177183739/view...
Manak Singh Executive Director Tel : +91-22-42200101 email: manak@tiemumbai.org
Zankhana Kaur Program Director - Mentoring & TiE Stree Shakti Tel : +91-22-42200102 email: zee@tiemumbai.org
Get yourself the membership its going to cost you Rs. 3500/year + taxes Attend a few programs and also have a look at the main website : www.tiemumbai.org | mumbai.tie.org
Regards, Mitul Limbani Founder & CEO, Enterux Solutions, www.enterux.com