Sramana Mitra: The whole industry has become really good at deal-making by just using Zoom. This is very much in favor of international entrepreneurs. You can now do deals globally just by using online tools. Abinash Saikia: We thought that we would probably need to meet at some point. We were able to build good
Abinash Saikia: I had learned a lot of stuff. There are three things you could do. LinkedIn is one. Second is, if you have a connection, that is even better. What also works are cold emails. It has worked in my case. If you have the right message to the right person in the company,
Sramana Mitra: Let’s talk about the acquisition itself. At what point did you start speaking with the acquirer? I introduced you to a whole bunch of people as well. We were working on getting you in front of people. Discuss when did you start this process and how you put one foot after the other.
Sramana Mitra: Total funding of under one million dollars and a little bit of government fund. Talk about the customer development process. Where did you get the customers from? What type of customers zeroed in on your value proposition? Abinash Saikia: Before these guys put in money, we were able to acquire a reputable customer.
Abinash Saikia, Co-founder of EnCloudEn and former 1Mby1M Premium member, has successfully bootstrapped his venture to an exit and discusses the process in great depth. Sramana Mitra: Let’s start by introducing our audience to yourself as well as to the premise of EnCloudEn. Abinash Saikia: I have had a pretty good education from IIT Chennai
Abinash Saikia, Co-founder of EnCloudEn and former 1Mby1M Premium member, has successfully bootstrapped his venture to an exit and discusses the process in great depth.
Congratulations to EnCloudEn Co-founder Abinash Saikia and the entire EnCloudEn team! Quantum Corporation (NASDAQ: QMCO) acquired EnCloudEn, an early stage hyperconverged infrastructure (HCI) software company. The co-founders mostly bootstrapped the company with very small capital, so this is effectively a bootstrapping to exit deal. “I joined the 1Mby1M Premium program in 2020 and had a very good experience