From Vision to Venture: Funding Considerations Discussed at MET Srujan 2024
2024-02-20
Following the acknowledgment of panelists at MET Srujan 2024 National Startup Conclave, the panel divided into two groups. Panel 1, moderated by Devesh Chawla, Director of Chatur Ideas, included industry leaders like Leenesh Singh, Rohit Tulsan, CA Manoj Ajmera, and Sudip Mondal.
Key insights emerged:
-Investors prioritize well-rounded, innovative teams with a larger purpose.
-Future-oriented strategies, unique selling propositions, scalability, and customer retention are favored over chasing trends.
-Founders play a crucial role, emphasizing balance in business.
-Banks assess product-market fit, competition, runway, and unit economics in proposals.
-Bootstrapping or fundraising depends on business nature.
-Valuation-based or profit-based models are chosen based on the company\'s stage and target market.
-Diverse funding avenues include family, friends, and private equity investors.
-Advice for entrepreneurs: clarity, execution focus, financial management, perseverance, and consistency.
In essence, the discussion highlighted the nuanced aspects of startup funding, emphasizing strategic planning, execution, and resilience for entrepreneurial success.
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MET PGDM Students Shine at Eco-Thrive 2025
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MET PGDM students Batch 2025–27, Priyanka Kambli, Neha Kumhar and Vivek Upadhyay, secured 2nd place at the National-level Eco-Thrive 2025, hosted by SP Jain School of Global Management (Mumbai campus), winning a cash prize of ?15,000.
Competing with top B-schools across India, they impressed with their innovative project on the Blue Economy (SDG 14: Life Below Water) – creating a pilot-ready business model, delivering a compelling pitch, and excelling in the debate round.
Congratulations to Priyanka, Neha, and Vivek for their outstanding display of sustainability, innovation, and leadership!
