Wednesday, June 20, 2007

For Funding Would Be Entreprenurs In India

This funding team is consist of people who worked in Big Consulting firms like KPMG,Arthur &Anderson and all of them pass out from world's and india's best business schools.
Positron assists existing and would be entrepreneurs in securing funding. They meet with entrepreneurs in different cities with the objective of assessing their businesses and ideas.

With a few entrepreneurs, Positron does go forward and sign a mandate to secure funding. On signing a mandate, Positron works on a success fee model and does not charge any fixed retainer. Given their relationship with the venture capitalist community and their experience in this area, there is a strong probability that if Positron does take up a mandate, funding can be sourced.

Positron also makes direct investments in select companies.

The Process:
Positron partners regularly travel to key metros (Mumbai, Bangalore, Kolkata, etc) for one to one meetings with entrepreneurs. These are invitation only meetings to explore possibilities of signing funding mandates. To schedule a meeting, the entrepreneur needs to provide critical information about his business/idea by completing our "Funding Application Form".

The Funding Application Form while extensive (over 10 pages) can be completed in 2-3 hours. Completing the Form is a prerequisite for a meeting with us since Positron continues to get 25-30 funding requests each day. Positron partners review the Form once it has been sent back and carry out research on the opportunity. The research and due-diligence takes between 7-10 days. Meetings with the entrepreneur are scheduled, when necessary.
More at:http://www.positronservices.com/

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