Epiphany Ventures has raised $25 Mn to spend money on early stage startups, being a zone-agnostic fund, it aims to put money into fee-pushed, modern, and scalable business possibilities. Epiphany Ventures, usually, invests at a degree in which the employer has efficiently demonstrated a robust evidence of concept, thru consumer acceptance. Founded in late 2008 via Gaurav Saraf, to date Epiphany Ventures has invested in agencies like CarTrade.Com, Vserv etc.
We caught us with Gaurav Saraf to recognize extra approximately the fund and how Epiphany Ventures differentiate itself from others.
Here is a quick chat.
Inc42: Tell us approximately Epiphany Ventures? What are the key industries and sectors you are focused on in your portfolio organizations?
Gaurav: Epiphany Ventures Private Limited changed into integrated in 2008 to galvanise early-degree agencies in India. The fund is area-agnostic and goals to spend money on fee-pushed, progressive, and scalable enterprise opportunities. Epiphany Ventures, normally, invests at a stage in which the business enterprise has successfully demonstrated a sturdy evidence of concept, through customer acceptance. CarTrade.Com, Brattle Foods, Vserv and iLevel Solutions are many of the groups in various segments that Epiphany Ventures has invested in and enabled to scale extra heights.
The key industries that we attention on include Tech enabled offerings that help transaction and data performance. We additionally examine Consumer services in areas such as Education, Healthcare etc, be it offline or online. Another key area of consciousness for us would be Online Marketplaces.
Inc42: What form of price range are you running?
Gaurav: We are an early degree fund and we make Series A and B investments.
Inc42: What’s the everyday funding size in any startup you do?
Gaurav: The ticket length of the investment stages from 0.5-2.Five Mn.
Inc42: How many investments have you made for the reason that launch of the fund?
Gaurav: We have made a total of four investments to this point.
Gaurav Saraf, Director, Epiphany Ventures
Gaurav Saraf, Director, Epiphany Ventures
Inc42: Share a few insights about your portfolio organizations, how are they doing now?
Gaurav: Most of our Portfolio groups are maturing well and were backed by means of sturdy Management. They are transitioning from Early to Growth Stage and a number of them would be elevating funds inside the next 365 days.
Inc42: There are too many early stage and funding price range in India now, how Epiphany Ventures differentiate itself from others?
Gaurav: There aren't too many price range that provide funding our Ticket size. Essentially most of the price range fall into 2 categories- one which has a price ticket length of a hundred-500 Thousand Dollars and the other which gives investments upwards of 3 million bucks. So this is a key differentiator and additionally secondly, we are an open-ended fund, accordingly having extra time to choose and chose the right funding alternatives.
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Inc42: five funding advices for early level startups who're trying to boost budget?
When imparting projections, one ought to always lower back it up with a Bottom-up evaluation and now not only a Top-down evaluation.
In each round enhance sufficient finances to take the enterprise to the next huge milestone
Valuation is important but scaling the enterprise is far extra critical
Look to bring aboard practical and/or domain experts as advisors to help guide you thru the start up segment
Think massive from the beginning however take it one step at a time
Gaurav had started out his career working as a consultant at Diamond Technology Partners Inc. (DTPI), a method consulting employer, founded in Chicago. At DTPI, Gaurav counseled fortune 500 customers on leveraging era to acquire their commercial enterprise objectives. After his return to India, in 2004, Gaurav founded a enterprise inside the mining area, which he exited in 2007. He has additionally serves because the Vice-President, M&A for the $250 million Facor Group. He sits on the boards of his portfolio organizations, MXC Solutions and Brattle Foods.