How ALTIN Global helps
Startups connect with investors & raise funds faster
One of the major
problems faced by the startups is how to raise funds? The founders may have a very good idea and a few paying customers as
well. But, if they are not able to raise funds quickly and execute their idea
at scale, then someone else will beat them to their own game. If we break this
problem further, we find that the many times startup founders end up pitching
their idea to wrong set of investors. This happens due to two reasons:
1)
They don’t
know who is the right investor for their startup, and
2)
Even if
they identify right investors, they don’t have the contact details of such
investors.
However, ALTIN Global
solves these problems for the startups so that they can raise funds faster and
focus on their core business. This is how ALTIN works:
1)
ALTIN
first understands the business model of the startup.
2)
It identifies
the right investors for them based on a number of criteria
3)
It helps startups
to reach out to those investors with one click!
4)
It also
helps startups to prepare pitch decks and financial models etc and grooms the
entrepreneurs to pitch to the investors.
Why do startups
need ALTIN Global?
Entrepreneurs start
their business with all the financial help that they can get from their
friends, relatives, and their own pockets. These sources can help entrepreneur
kickstart operations but are not sufficient for the business to keep running in
the long run. A business needs adequate funding for various purposes such as
product development, research, marketing, and employees.
Around 90% of
start-ups fail and less than 34% of start-ups shut operations in the first
year. Out of the thousands of entrepreneurs working on several ideas, very few
make it to the top. At a time when entrepreneurship is the key to development
and innovation, these figures might seem alarming. The massive failure rate may
also discourage founders from giving their idea a shot. It may also discourage them
to invest formative years of their professional life in building start-ups that
may fail in the future.
However, to raise adequate
funds, various other things are required apart from an ‘out of the box’
business idea. Sometimes, despite having all the items of the checklist ticked,
several startups fail and are unable to continue operations. One of the major
reasons for this is the lack of funds available to support the cost of
operation, ultimately leading the founders to shut their business.
How ALTIN Global
helps startups?
a)
Investors
are extremely focused and can be divided on the basis of sectors or deal size
they invest in. Therefore, it makes no sense for founders to pitch an AI
product to a VC that invests only in Fintech companies. It is very difficult
for founders to do research on each and every VC and find the ones suitable for
them. This is where ALTIN Global comes to their rescue. ALTIN has spent a
considerable time to develop a database of 40,000+ investors and classified
them on basis of the sectors they invest in, amount they invest, locations etc.
Therefore, the founders don’t have to reinvent the wheel as ALTIN can identify the
suitable investors for the startups with just few clicks.
b)
Moreover, ALTIN
also helps the founder to send his venture details to the investors quickly. Hence,
the founders needn’t worry about finding the contact details of each and every
investor and reaching out to them to raise funds. ALTIN Global solves this
problem for the founders and helps them connect with the right investors. Million
dollar funding starts with one call with the investors, ALTIN helps founders
get on that call.
c)
The
entrepreneurs also need the right pitch deck and financial model to be able to
convey their business idea to the investors. Therefore, ALTIN Global also
provides assistance for the same.
d)
ALTIN also
grooms entrepreneurs to face the investors i.e. it trains them on how to pitch
to the investors and answer their questions.
In short, ALTIN Global
is a very useful resource for the entrepreneurs that want to raise funds. It
not only helps startups identify right investors but also gets them on a 1on1
private call with the investors so that the founders can pitch directly to the
investors and close their funding round quickly. Visit
this website - https://altinglobal.com