Page 41 - Banking Finance December 2017

ARTICLE

tions to submit students projects on this Plat form to
make the project nationwide.
5. To inculcate social responsive behaviors among students
aspiring to launch start-ups.
6. To offer students, from rural regions of India, training in
business opportunity identification in their local areas.

7. To orient students as to how they can conceptualize
social business start-ups that will address social issues.
8. To provide handholding support to students for launch-
ing their startups during the entire course of their
study.
9. To equip students with the necessary skills for manag-
ing their business enterprise.

IV. Series Funding to Startups
Series funding to startup India
The major series funding to startup India are Series-A, Se-
ries-B, Series-C, Series-D funds are discussed in the follow-
ing lines. Series - B funding: After having utilized the previous round
of funding in building a business plan for long-term profit and
having your product available in the market for sale, it's
Series - A funding: Series - A funding is where a venture
capital first gets involved. The funding raised in this series time for another round of funding. Series - B funding is
where business have access to a much greater amount of
could be any single digit million dollar amount and there's a
funding as compared to the previous funding. At this stage,
slight chance it could go up to 15 million dollars. Being a
it's time to stop generating a decent amount of revenue and
venture capital firm that's dedicated to investing in profit-
able companies with a growing customer base, the amount time to start making serious profits. Since the product is
of funding raised is generally a lot higher as compared to already out there and a business plan is in place, reaching
that by an angel investor. this stage of funding means the risk of investment is lesser.
With Series - B funding, companies can expand their em-
ployee base and build a stronger team so as to expand in
This stage of funding is where the first preferred stock is
different markets and take the business to another level.
offered to external investors. The aim of rising Series - A
funding, apart from expanding your business, is also paying
Series - C funding: During Series - C funding, investors are
the salaries of all current employees. This opportunity can
more interested in companies that are already successful in
be used to dip your toes into different markets and expand.
A crucial stage, this round of funding should be utilized in business. Companies go for this round of funding when they're
building a plan for long-term profit generation. looking to expand to other markets or preparing for acquisi-
tions. This is usually the stage after which companies have
their first Initial Public Offering (IPO). Amounts raised in Se-
ries - C funding stage could go up to hundreds of millions.

Series - D funding: If a company decides to not go public
and stay private for longer time, they opt for Series D.

A company reaching this stage of funding could have three
scenarios -
Y They're holding on by a thread
Y They're doing extremely well in business

BANKING FINANCE | DECEMBER | 2017 | 41

Sashi Publications Pvt Ltd Call 8443808873/ 8232083010