New Business Plan in India

by Venkat
(chennai,tamil nadu, India)

I want to start a new business in India with a budget $250,000; I need certain information about venture capitalist in India:

1. To which venture capitalist should I approach in India?
2. How do I ensure that my business plan is secured?
3. who is the particular person to approach

kindly reply to me at venky.mcc@ gmail.com

Answer

Venkat, You don't say what kind of business you are starting, and that is the real deciding factor on what type of venture capital firm you would approach. Some work in manufacturing; some deal only in cutting edge technology. Do a Google search on "venture capital" + "industry" and see what you come up with.

Depending, too, on that industry, you may not be limited to firms that operate solely in India. There are many venture capital firms that operate internationally that might be prospects.

When you've pinpointed your firms, create an exceptionally strong business plan for them. You will find more advice on our section about venture capital.

Good luck on your new venture.