CHAPTER 2 – April 18 / 11 am
Given that the general sentiment is that VC funding is likely to be muted for a couple of quarters, as a founder how do you bring capital into the business? What are the alternate sources of capital available to startups?
We get talking with 4 individuals whose businesses help provide companies, including startups, access to alternate sources of capital. Alok Mittal, Co Founder and CEO Indifi (working capital loans), Ishpreet Gandhi, Founder and Managing Partner at Stride Ventures (Venture Debt), Prakash Jaiswal, Country Head, Business Banking (SME) HSBC Commercial Banking (Debt), Regan Mithani, Co Founder at Xpedize (Early payments against invoices).
“Debt should go into generating incremental revenue, instead of servicing existing cash burn. This is one way we decide if or not to lend to a startup.” – Alok Mittal
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