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Interaction with “FundTonic” Founders

With a Buzzing launch on 26th May in Mumbai, FundTonics aspires to become a vital platform for Startups and Investors to address the challenges related to “Funding”; as the name suggests a Tonic of “Funds”. A first of its kind funding platform that enables funding for ventures that maximize returns. It aims to reach 2000 Investors and 5000 start-ups by next year. (Press Release).FundTonic uses sophisticated proprietary technology that evaluates potential start-ups with a fine-tooth comb and showcases the relevant start-ups to the keen investors.

More than $5 billion of investments have gone in funding these startups last year, compared to $3 billion in 2014. The government’s strong policies and initiatives like Make In India, Startup India and Digital India will be a great push to India’s startup ecosystem. This is a good indicator for Fin-Tech startup to capitalise the opportunity.

Key Drivers for growth of startup ecosystem in INDIA :

  • India ranks third global startup ecosystems with 4,200 new-age companies, registering a growth of 40%
  • 18,000 startups valued at $75 billion, employing 300,000 people
  • Funding activity grew by 125 percent compared with last year
  • Number of private equity, venture capitalists, and angel investors grew by 100 percent

1.How does this model work? Equity based or loan based?

Primarily it is an angel investment platform. By investment we mean that there are individual or funds to invest as equity in selected venture.

2.What is the ticket size of funding provided to startups? Are you focusing on angel base or higher level of funding?

Typically, when a startup is coming to my platform to raise funds, ideally be raising funds in between 100K to 500K USD.

3.Are you focusing on any particular segment of startups like food / tech / robotics …. Or overall?

I am sector agnostic, I am looking at startups which have a brilliant team, a team of people who are not only passionate but also have execution capability and ability to make it large. With an idea with sustainable and scalable, which ultimately maximize returns on investment?

4.Once a funding is done, how “fundtonic” is going to participate in growth or Strategy of the funded startups

It’s a core part of our business model, our success is not in making investment happening, it depends on kind of investment we made, business which have created and provided returns to our investors.

And for that we will be actually having a portfolio monitoring, to ensure that we are aware of what going on with our portfolio, our investors will have the comfort of having somebody in our team who will be able to understand what’s going on.

Let’s look how FundTonics can assist Startups& Investors

Founders Profile:

The FundTonic team brings with itself, 50+ years of cumulative experience in the startup and investing ecosystem. Our team is made up of serial entrepreneurs as well as wise investors and thus, we understand the challenges faced by both startups and investors in India.

 Co-Founder NAINESH

(Co – Founder) Nainesh Kapadia is an entrepreneur, investor and deal maker and has expertise in working, leading and managing industries across packaging, banking, dairy, automation, e-com and technology. He is a co founder at FundTonic, an advisory and fund management company that aims to make startup funding really easy for innovative startups and smart investors. He is the CEO of Shree Sundaram Overseas, a leading Trade Finance and financial consultancy firm.

Nainesh has a deep focus on rural and economic development. He is an active participant in various initiatives for an NGO. Nainesh also holds an MBA in Trade Finance.


Co-Founder AKSHIT

Akshit Gupta is a Co Founder at FundTonic, an ecosystem that makes startup funding really easy for innovative startups and smart investors. Previously, he was heading Deal Executions at Intellecap Impact Investment Network. Along with angel investments concluded, provided exit opportunities in a number of portfolio companies . He is a co-Founding Member, IntelleGrow, India’s first venture debt fund and has worked with HDFC Bank Emerging Corporates Group and build one of the largest book sizes.

He is a Mentor to IIM Ahmedabad, Power of Ideas Start up Program and Advisor, DITS – Chrysalis Combine Start up Incubator. He is a visiting faculty for various B-Schools. He holds a PGDM Finance from SIESCOMS.


BHUSHAN

(Co – Founder) Bhushan’s professional journey as an entrepreneur started at age of 17 year in 1992 by acquiring Cable TV points in South Mumbai while pursuing Bachelor of Commerce from Mumbai University.

Ventures include Hitech (cable tv) , Hot Ovens (Food & Beverage) , ITV (Dial in and song request), DOT Magic (Internet Service Aggregator and Consultants), Igate (Internet service Distribution company). In 2006, he sold all networks to Hathway and explored the area of Financial Services SB Financials as sub broker with Religare. The journey finally resulted in laying the Foundation Stone for DITS Centre. He is currently an investor and serves in core team of Rate Alert Datatech Pvt Ltd, Relit Webcell Pvt Ltd, Digital Infotech Sols Centre LLP & RGB Vistas Pvt Ltd, Maha Mediacomm LLP, GB Mediacom LLP, RDB Ventures LLP


PRATISH

(CMO) Pratish Pallath is a Digital Entrepreneur and Founder & Chief of Klub1, a 360° Digital Agency, and WeGyaani, a learning platform for industry skills. He has an experience of over 6 years in Digital Marketing and has handled marketing for various companies. He specializes in storytelling for brand marketing and growth hacking. His clients have achieved growth of upto 20x with his marketing efforts.

He is also Google AdWords Certified, HubSpot Inbound Certified and a Bing Ads Accredited Professional. He enjoys teaching as well as mentoring startups and can be often found at meetups in Mumbai

 

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