Sramana Mitra: Let’s talk about funding. When did you receive your funding and what preceded your decision to raise funding? San Banerjee: From the very beginning, we have sought out people who could serve as advisors for us. One of our earliest advisors was Sharad Sharma. We also had Manish Singhal, who we met through
Sramana Mitra: Who runs your Bangalore office? San Banerjee: Ashika runs that office. When we relocated to Mumbai, we knew that our Bangalore office would fall apart unless somebody was running it. We promoted here and she is now our COO. She stabilized that office.
Sramana Mitra: How did your business ramp the following year? How many customers did you end up with by the end of 2010? San Banerjee: We had around 110 customers at that point. We made around 17 lakhs that year. By the middle of 2011, Venkat and I started drawing a salary. We also noticed
Entrepreneurs are invited to the 199th FREE online 1M/1M roundtable mentoring session on Thursday, December 19, 2013, at 8 a.m. PST/11 a.m. EST/9:30 p.m. India IST. If you are a serious entrepreneur, register to “pitch” and sell your business idea to Sramana Mitra. You’ll gain straightforward feedback, advice on next steps, and she’ll answer any
Sramana Mitra: In 2009 was it still just you and Venkat working on building the company, or had you started hiring people yet? San Banerjee: In 2009 my neighbor, Ashika Sripathi, was just getting back to our career after having a child. She had a background in sales. We had a good discussion on our
These days, everyone seems to be a startup mentor. Whether they have ever done a startup or not, whether they have ever raised money or not, they are ready to advise entrepreneurs. I want to share with you some things we have learned in running the 1M/1M program for three years. Some background and metrics:
During today’s roundtable, we saw a couple of entrepreneurs from the portfolio of Kae Capital based in India. Shopsense First up, Farooq Adam, working with Kae Capital from Mumbai, India, pitched Shopsense, a retail technology solution that enables brick-and-mortar retailers to place large tablets at their stores, then offer recommendations to shoppers, replicating an e-commerce
Today’s 198th FREE online 1M/1M roundtable for entrepreneurs is starting NOW, on Thursday, December 12, at 8:00 a.m. PST/11:00 a.m. EST/9:30 p.m. India IST. Click here to join.