PEs share their experiences with entrepreneurs at Start-up Summit 2013

Franchise India holdings limited hosted its 61st Franchise & Retail show FRO Expo and Startup Summit 2013 in Mumbai on May 18-19, at Nehru Centre, Worli, Mumbai. The two day show was presented by Franchise India Asia’s largest integrated franchise solution company in association with the Government of India’s Ministry for MSME and Indian Franchise Association.

The topic of discussion ranged from “The start up eco system, emerging business opportunities in 2013, business of retail, funding challenges and marketing to attract the customers.” PE experts from Everstone Capital, Gilt Edge Financial, Proteus Advisors and Milestone Religare addressed budding entrepreneurs on what VC’s and angel funding companies look for in their business and how they value their business, comprehend how a typical funding deal works out in terms of the processes and how to raise seed or venture capital and do a detailed study of the investors background.

Deep Mishra, Managing Director, Everstone Capital said, “I’m glad to see the passion and knowledge among the individuals contemplating to start up their own venture. As an entrepreneur passion and knowledge are some of the prerequisites that one needs to have to start a business. As an investor I would also recommend them to background check of the investors when seeking funding for their venture. The kind of capabilities investors bring to ones business and the past investment records and the result of those investments. This should be one of the screening processes that entrepreneurs need to do at their end before selecting a financial partner.”

Sachin Marya, President, Franchise India Holdings stated, “At Franchise India, we are paving the way for entrepreneurship to uphold India’s economic development as well as curb the country’s problem of unemployment. Our vision is to help aspiring entrepreneurs discover the right business potential to meet their financial goals and business visions, however conservative or grandiose. The Mumbai FRO highlights the fact that franchising may be the way forward with the retail and consumer services sectors being diversified both by consumption demographics and by enthusiastic investors.”

Some of the popular brands exhibiting at the event included Fresh n Natural IceCream, Primmero Jeweller, Lets Talk, Saras Educational Society, Just Watches, Drishti Learning, Iosis, Kwality Walls, Beyond Petals, One Network YoYo Noodles, Car Spa, Magic Holidays, Four Foutain Spa, Smart School, Travel O (Make my Trip), Smooy, Elbex  courier, Antal International, Council Of Education and Development Program , TTK Prestige, Mittal Enterprises (Action Shoes), Super Gas, Remax – West, Choksi Tax, Nandita Fashion, Beehive, GMS Inexpress, Ferns & Petals, Nevales, Chicago Pizza, Fab Décor, Laptop Clinic, Meghdoot Pharma, Sporty Beans, Iktara Kids, Lakme, Fiona Consumer Products Private Limited, Aura Thai Spa, SFL Fitness, Attero Recycling, Kids Gurukulam, Magniflex, Mobile Store, Presto Wonders, Google, Webcom, STC Technologies, Alpha Beta, Cambridge Champs, IREF, Certified CNG, Laboheal, Strata Retail And Technology Services Private Limited, Tender Tiger, Wave City.