Every month we see hundreds of startups raising funds, But there are very few founders who truly understand the importance of Term sheets to their business. In response to this, we felt it was necessary to simplify and explain the intricacies of a typical term sheet from some experienced Entrepreneurs.
A term sheet is like a marriage between your company and your investors, but with a lot less romance or open-ended trust. It dictates who gets what financially, and who gets to do what legally, in almost every scenario.
For a full guide to understanding term sheets for both investors and entrepreneurs, Join us for in-depth discussion on "Understanding Venture Capital Term Sheets" - Startup Saturday Ahmedabad's January Edition.
Sumit Karanji, as the CoFounder & COO, leads the Strategy and Operations of DSYH, which is India’s 1st Reconciliation As A Service Platform for Sellers on E-Commerce identifying revenue leakages in financial transactions and pioneered the concept of Reconciliation, Business Analytics and Information visibility for Sellers to conduct business online.
Under his leadership in Operations Function, DSYH Sales Team grew from a 2 to 35 member team, with revenues from Scratch to $500000 ARR in less than 18 months growing user base from 0 to more than 600 SMB’s including large consumer brands like Reliance.
Sumit is also one of the key co-founder looking after raising funds and liaising with investors.
He was instrumental in raising $250,000 for DSYH as a Seed Fund and handling investors on a regular basis.
Mr. Ruchit Surti, Co-founder, Locanix
Ruchit Surati is an entrepreneur and technologist with breadth of experience in the field of IoT, M2M, sensor networks and Data Analytics. He founded Locanix in the year 2012 - A company in the IoT space that is dedicated to solve problems in the field of Logistics and Infrastructure industries in India. Not only He has built a scalable technology platform for IoT but also commercialized it successfully in India. He is on Board of Mentors in GUSEC - Gujarat University Startup and Entrepreneurship Council.
05:00 PM Registration & Introduction
05:15 PM Understanding Venture Capital Term Sheets by Mr. Sumit Karanji
06:00 PM Fund Raising beyond Equity by Mr. Ruchit Surti
06:45 PM QnA
07:00 PM Networking
Free & Open for All. Register here: http://bit.ly/ssahm_jan2018