Today's Top Gainer
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Enablers, an innovative web-based platform connecting and facilitating fundraising transactions between startups and investors, announced that it has successfully raised Rs. 1 Cr funding for premium shopping site Rock N Shop from HNI investors. A deal-enabling platform, Enablers lists start-up opportunities aligned to investor interests and works as a partner for the entrepreneur to execute the funding process, thereby saving their time and bandwidth and providing qualitative opportunities to investors.
Founded in March 2015 by Delhi-based investment banking firm, Value Prolific Consulting Services (ValPro), Enablers follows a detailed selection and validation process to study business models, review business plans, and capture the competitive advantage to identify scalable and sustainable businesses. The company is associated with ‘10,000 Startups’, a NASSCOM initiative, SIDBI Innovation and Incubation Center (SIIC) of IIT Kanpur, The Indus Entrepreneurs (TiE) and Villgro to enable an eco-system of start-ups in India.
Speaking about the Rock N Shop deal, Neha Khanna, Director at ValPro said, “The Rock N Shop deal is the testament of our endeavor to provide a coherent and smooth investment process to discover and deliver qualitative business opportunities to investors and streamline the fundraising process for entrepreneurs to enable them to focus on core business.”
Enablers is sector agnostic and is catering to companies across sectors including waste management, mobile, healthcare wearables, fashion and lifestyle, e-commerce, education, and mobile advertising. The platform offers an easy online process and finds potential investors for start-ups. Entrepreneurs can list their ventures with brief details captured in a business plan which is showcased to investor members of Enablers after due validation by the in-house team. Thereon, Enablers is equipped to provide a one-stop-shop solution for end-to-end transactions utilizing its decade old investment banking experience. The team behind Enablers has a perfect combination of professionals including CAs, MBAs and Lawyers with experience in investment banking, corporate law & finance.