The companies at 100 billion dollar values today, were once just 2 people teams with an idea and a prototype.
Or better still, the transition from a MVP to a MVO, to a million
users worthy
startup is what can happen here. This means, founding teams working on various startups in TSF have built
the proposed solution/MVP
just about good enough, tested by their early adopters and finally well packaged for marketing. It is at
this stage where we can be utilised the best.
The marketers and sales vendors of Preseed may join hands with them to bring early adopters/customer
traction to these flawless MVPs.
Basically, this is also where your products can be scaled up, out of proportion.
What is good enough?
Good enough means that the MVP should be used well by the early users, It doesn't not necessarily be perfect
or even
beautiful. But, have a MVP. Have something more than just an idea, is our point.
Radically bold pitch to our potential investors to transform our accelerator into an early-stage startup fund.
We are not a fund yet, but, we are designed to outperform a fund in ROI, in this coming decade. Osho was offered Rolls Royce. Why? For he was an incredible teacher. He could move and shake the status quo of the mind of the student.
Nishchal is offered stakes in various startups, for similar reasons, only that Nishchal's advice is directed at making our portfolio companies get the right start. In that sense, we are specialists in helping you either get the right start, or the right pivot, if need be. We solve your problems from bad investor's exit to software deployments to founder coaching. Basically, we align you right, fundamentally.
In such spirit, 10 years of such profound R&D we have supported out of our own pockets, without the compromises that running after money may induce.
Neever think that the lack of money is a problem or too much of it is a big deal. It definitely is a means to an end, no doubt, but not having it or having too much of it should not mean you stop the hustle. Not being backed by an investor is not a problem or a big deal, so you also please stop assuming that it is. It definitely is a means to an end, no doubt, but not having it should not mean you stop the hustle. Be creative in even how you make your ends meet. Where there is a will, there is a way. May be this is how you will head for either the customers or crowdfunding. This would be more superior to investor money.
Our earliest-stage deal-flow innovation quality could have been unmatched in India. But, until 2023, we had merely been a tech incubator or assistance for Nishchal’s startups.
However, now we endeavor to be the messengers of his and his network’s knowledge for you, our dear entrepreneurs.
In fact, you will notice that below through the products being puilt at TSF how far we are going to enable you, in a scalable way, to achieve exactly that culture of leadership, thorugh a mix of TSF FUTURE PRODUCTS. In that sense, this Fund will be a product company too.
Portfolio 1 - Through our virtuous portfolio startup to usher in a 'Preseed' culture on a productive chat app for the world. Chattodo :
Portfolio 2 - through our virtuous portfolio startup to give you a correct sense of TIME through a wrist watch, clock and an app, based on Electromagnetic Fields Aaroham Enterprises Pvt. Ltd. :
Portfolio 3 - through our virtuous portfolio startup to reduce the fear of mathematics among children. Joyful Learning Pvt. Ltd. :
Designing a growth Engine to accelerate our startups in India :
Growth Engine - Envisioning and implementing NetZero India alongside Piyush Mishra :
Growth Engine Operators Creation, Net Zero University start or version 1 - Net Zero University Incubator (NZUI). (This university will be started by Nishchal, someday).
Portfolio 1 of NZUI - Further implementing Net Zero Carbon neutrality goals in India, through our portfolio Startup with Dr. Irfan:
The simple fund is merely a concept for now. We are however curating deals to build a fund around. So far the success we have achieved can be measured by how many startups have found the TSF web page organically by searching a relevant keyword called ‘Preseed funding’. We have engaged with over 20% of such startups, meaning 20+ relevant startups ready to raise money. We are nearly ready to float a fund around our startup deal flow. If you are an investor, please get in touch with nishchal@preseed.in.
Email us at your funding requirements, projected disbursement of funds broadly, expected post-money valuation, and Slide Deck (with linkedin of each team member). We will contact you at our own will and time. Mention your funding requirements, projected disbursement of funds, expected post money valuation and Slide Deck. A detail document describing the founders and the story of your startup.
If you are seeking an investment of less than Rs. 12 Lakhs, we have a very clear term, we take 1%
equity for every Rs. 1,00,000/- we invest in you.
Proceed to our app IIDB and answer everything well:
Remember this poem :
If you can keep your head when all about you
Are losing theirs and blaming it on you,
If you can trust yourself when all men doubt you,
But make allowance for their doubting too;
If you can wait and not be tired by waiting,
Or being lied about, don’t deal in lies,
Or being hated, don’t give way to hating,
And yet don’t look too good, nor talk too wise:
If you can dream — and not make dreams your master;
If you can think — and not make thoughts your aim;
If you can meet with Triumph and Disaster
And treat those two impostors just the same;
If you can bear to hear the truth you’ve spoken
Twisted by knaves to make a trap for fools,
Or watch the things you gave your life to, broken,
And stoop and build ’em up with worn-out tools:
If you can make one heap of all your winnings
And risk it on one turn of pitch-and-toss,
And lose, and start again at your beginnings
And never breathe a word about your loss;
If you can force your heart and nerve and sinew
To serve your turn long after they are gone,
And so hold on when there is nothing in you
Except the Will which says to them: “Hold on!”
If you can talk with crowds and keep your virtue,
Or walk with Kings — nor lose the common touch,
If neither foes nor loving friends can hurt you,
If all men count with you, but none too much;
If you can fill the unforgiving minute
With sixty seconds’ worth of distance run,
Yours is the Earth and everything that’s in it,
And — which is more — you’ll be a Man, my son!
Through the fee based startup accelerator Nishchal runs with his 3 extraordinary friends from his Mumbai office:
If you wish to invest some of your money into our fund, please email at nishchal@preseed.in
If you don’t hear from us, it means we are not keen on making an investment in you. We are not in the business of stating reasons. The reasons may have more to do with us, than you. Anyway, the following buttons reveal what can be our chance or path to work together, in case we decide not to participate by directly investing money into your startup:
A traditional startup incubator — is a startup incubator that incubates a startup company of 2 or more people that has achieved some real traction in their product. This means that a traditional incubator invests about Rs. X lakhs in that startup and houses that startup for 3 months under their own roof to open an environment of co-learning among all entrepreneurs with its other portfolio startups under that same roof. So, the incubator is an investor that guides or invests their time in guiding you.
How it works — It takes 5% to 10% ownership in that startup for doing so. Such incubators are basically, funds. They take investments from other investors and invest that pool of money as a fund, per batch of 10 or more such companies.
We are not that nor will we be that.
When we become a fund ourselves, we will invest in startups that don’t need anything from us, other than the money. Basically startups we think that will be a grand success without our mental hustle for them. This will save us our time in indulging in matters of your operations to put time into startups that need our time, not our money first.
So, there are two categories of startups we have:
What - You .
Why.
For doing so,
Step 1 - Please dig this termsheet on
our Medium publication, Preseed essays, to understand the terms.
Step 2 - Copy and paste it, print it, sign it and send to us.
Our contracts are non negotiable in nature. They are standards we follow with every
startup.
Those that need us, not our money, must read know Nishchal more. For then, they will understand what it means to facilitate investments into you through other investors. The rest can proceed to apply to us for money. Make it very clear to us through your email what you want from us and that you have read this webpage thoroughly.
For startups:
Through such dealflow we broker deals to earn cash commissions and/or equity for opening our
network of potential investors to
your startup. These connections we have earned our of 15 years of perseverance in this industry.
TSF Dealflow network is made up of people we have earned during our journey expressed throughout
our web
pages and blogs. The people we know are the people your business may need, to capitalise and
capitalise big.
TSF is your team, to work on your investment facilitation, over your lifetime of such
fund raises. So simply that overtime they keep bringing to you the right person with money. Then
it is
upto to you to convert for now the investor wants to just talk to the horse, from his own mouth,
as we have already given them your name as our recommendation.
During this
process we keep hustling from your side of the table to help you receive investment to the point
of
money reaching your bank account. Only after this we consider our job done.
For the startups in TSF dealflow, our fee is their costt for doing incredible hand shakes Thehe
best way of building a business is
impactful and aligned handshakes. While in the process the founders get money perhaps worth
exactly equal to
the amount they were originally seeking from us.
Matches made in heaven - If the deal goes through, we take
upto 10% commission and some equity. Why ? Because we make matches between investors and
startups that add value in each other far beyond money. However, most importantly, we are getting
you the most important immediate resource your business needs. Money. When Preseed introduces you,
it matters. We have worked very hard to have now built an extraordinary network of those with
money
and will to aid an early stage startup. We have prepared most in our network to have that will, to
support you with their time and money. We are charging you for that hard work of ours if it brings
investment to you.
Before you proceed to dialogue with those we introduce you to, accept words written in contract
with
the precise equity and commission amounts.
Equity offer and service - The more equity you offer us, the better we are able to use
our
advisor network to extend our advisory to you. If the equity you offer us is 15% or more in
advance, you get
entitled to receive the service mentioned above, for a
lifetime. Anyway, the equity and wealth we foresee we can earn from/thorugh you or your
cooperation, will be directly proportional to how much of an effort we put into helping you
raise
money. The choice is yours. We are expensive, because, we recognise what we are bringing to your
table — money, which is the next key to unlock your growth.
Our commissions rates are fixed on actual investment achieved. every single time you receive
investment from anyone we introduce you to, or, say, if you receive investments from any of the
associates of whoever we introduced you to, investments received now or/and later. the final
valuations agreed upon will be determined between you and the investor. we will merely
facilitate
that conversation whereever required.
Note - our equity may get bought too on a pro-rata basis at the
time of the deal with the investor.
The preroragative to sell our equity will rest with us at all times during and post your next
inestment round.
Plus
Sometimes we charge commission or any other service fee from the investor too. If Preseed makes
any gain on it, it belongs to Preseed, it should not be a
matter of concern to either the startup or the investor. For both startup and the investor got
what they wanted.
For investors:
As a matter of policy Preseed values a startup at a post Preseed
handshake stage, at a minimum of 1 crore before it brings it forward for investment to
the
potential investor.
The investors are requested to also bet on the fact that what Preseed is brining to them as a
dealflow, once was a mere set of humans with no startup in hand worthy enough, and it was at this
time that Preseed held their hand to add its own input into that startup for years, from when
founders were early 20 year old kids to now — when they are sitting in front of you.
To say the least, anything lower in valuation is exploitation of Preseed's network,
their do good hippie spirit and their modern collective of visions. Startup assets which Preseed
develops
relationships with over years are very very valuable, because our network's
entrepreneurial foundations are strong and deep.
A big part of the reason the startup will be
successful is that it has us with them over a deal in good faith and words a couple of years ago
and
the startup decided to keep their word to us forever.
Anything we bring to you, no matter what you can do with it or not, never value it at less than 1
crore if you are suggesting a deal at all. I
will not be interested in bringing anything to you if that be the case. It’s a matter of policy at
Preseed and generally in all startup friendly logics in the world, that we accept a valuation of
at
least 1 crore. Anything of less value is not worth anyone of our's time.
If we don’t get this right among you and I, a lot between us may be missed.
No small talks of collateral, security, safety etc.
please.
If you are looking for that, you are at the wrong place. This is about status quo changing
possibilities that go to values of billions someday, but today may be just a person with a great
portotype. Our investor friend has simply gotta be
prepared to bear the cost of owning the proposed equity. Simple business math - they pay a cost
to
own some asset, in this case, not a piece of land, but a piece of a large possibility. High risk,
sky high rewards.
Think of the deal with our portfolio startup, like this:
Value any startup I bring such that, if you were to own all of it, you were willing to pay 1 crore
of upfront cost for 100% of it. Because the value of what I am bringing to you is greater than the
possession of a 1 crore plot.
You are buying a piece of a larger piece of a real estate plot, so that it gives you gains in the
future. This piece of land would at least be worth Rs. 1 crore. How do you buy a piece of plot
less
than that in a prime market of your city? You don't. So is the reason that you can't buy the
startup
we will be bringing to you at less than that value.
If you don't value the asset we bring to you at atleast that price in spite of the fact that
Preseed
is a partner in that asset, then you are undervaluing Preseed.
This minimum value of 1 crore per asset as MVP and founding team
is
the premise of our relationship.
Questions like, what happens if your money
drowns,
must be avoided please.
"My journey so far and our Google ranking has brought me to a place where a lot of early stage
very
good startup deals get known to me before they get known to anyone else.
At this stage that startup is generally a good looking opportunity either because:
1. The startup founder of it is really really smart.
2. The product looks like it could one day be with millions of users.
3. In some cases the customer metrics are already solid.
Normally the startups and entrepreneurs within the scope of Dealflow are going to be early stage
startups looking to raise anywhere between 5 Lakhs to 5 crores.
Our plausible revenue would be -:
1. Commission from startups.
2. Annual fees from funds/investors.
3. Equity from startups.
I want to build Dealflow and observe the trend, get into deal flows and learn in the process more
and more about early stage startup investments and good opportunites, to build an early stage
startup research company that researches on investment performance of early stage startups to get
trends and experiences.
We will, eventually, over a 10 year period, want to make TSF into a fund+company that investors go
to for
getting esrliest deal flow and advisory all at the same time, in context to early stage startup
investments.
Because of us, investors should be able to put their money at a better and more calculated
opportunity".
Evrything at TSF is subject to market risk. Please be careful before investing in us.
*So far TSF is a nearly plausible concept.
Startups are choosing us because of everything stated in this article
He is a Fellow member of Institute of
Chartered Accountants, associate member of Institute of Company Secretaries of India and Life member of
Indian Institute of Public Administration,India. He enjoys experience of over 28 years in corporate
executory and advisory assignments working for and with Indian Industrial doyens, Law Firms, Industry
representative bodies (ASSOCHAM) and JV Companies (with foreign companies) operating in India. Fields of
his advisory practice include fiscal planning (direct and indirect taxes), conducting financial & legal
diligence, handling capital market related assignments, representing clients in front of Regulators (SEBI,
RBI etc.) in Adjudicatory proceedings, ensuring regulatory compliance in projects, appraisals of
investment / funding proposals, negotiation and documentation for investments, post-investment monitoring
on behalf of the investors, acting as declared Arbitrator in Agreements of funding/ commercial
associations. His clients are from a variety of industry segments: aviation, tourism, hospitality, real
estate & infrastructure, members of NSE/BSE, IT & ITES, Textile & Garments, Medical, Trading, Financial
product distribution & Wealth Management and NBFCs. - He is very closely associated with resourceful
national and international investors investing in / lending to Indian project companies as financial
investors with flexibility of investing in start-ups to grown-up projects to post-IPO preferential
allotment stage. His contemporary assignments include (a) advising and being part of an International
Medical Project in India, (b) advising and being part of an Indian Sponsor in setting up a Rs. 100 crores
Indian VC Fund for providing various funding options to the VC Undertakings, and (c) advising and being
part of an NBFC in India operating a flexible Investment set-up. He is also associated with various
reputed Management Consulting entities / Chartered Accountants in India (Mumbai and Delhi) for handling
senior level assignments on critical matters for their clients. He has also been part of various family
settlements of industrial groups. He enjoys remaining academically active by sharing his exposure with
serious students of Professional Management Courses and handling sessions on Strategic Financial
Management, Advanced Management Accounting & Costing, Security Laws, Merchant Banking - regulatory and
commercial aspects, VC Funding etc.
View detailed
Professional profile
As a part of Nishchal's job at www.preseed.in, he often chances upon opportunities he would have wished to
invest monetarily
in, if he had personal wealth of that magnitude. It is exactly for the reason of making such investments
that we wish to build this fund.
If we do the sum total of all the decks we have recevied and divide the by 12 months, the result will be 20.
Which means we have to deal with 20 decks every month from this year of 2022 and onwards. Some of those
pitches seem worth investing in. However, some is not what we are after. Just one more is what we are after.
Our first investment in a company will be in a company we would have wanted to build ourselves.
Expect to have the Preseed Yoga touch across all the stages mentioned in the link above, over a long period
of time. Everything we think, do and say, is within a long-term mental space in which our collective
business will be built.
We have noticed, that most of what is being done in the startup ecosystem in India is largely aimed at those
with business plans, and not necessarily at people with great minds, interested in solving very real
fundamental problems.
And rightly so, if you have a great mind, write a book, but if you have a great plan, build an enterprise,
be an entrepreneur. Be the change and then make that change with your daily hustle on our guidance. Our work
will encourage you to dive in as a philosopher and come out as a social entrepreneur.
"At this stage, apart from this essay titled - NISHCHAL MODUS OPERANDI at TSF, I have one message for founders. Pay a lot of
attention on your co worker's mental health and growth. If they
are not geniuses, make them so. If you have a loyal worker, work as hard as it takes to make
him/her/(whatever other pronouns the world is after) the person
you need. Often, you will need a humble hard working parter
who is willing to take that leap into your whim. Find that partner/co-founder soon".
- Nishchal
Our team and extended network has fair knowledge about what is going on in the webosphere, the world of
innovation/markets/finance the way we look at it, and that makes our team
identify novelty really well.
As soon as we list you here or in our networking emails, we open some possibilities for your opportunity to
get discovered by those who open this website. It may lead to some solid connection for your idea/startup.
Many talented people open this webpage daily, and get led to developing relationships with our startups.
Also immediately after we list you, you settle somewhere in our minds. That means, in a day when we research
on matters of interest to us, we research for you too.
Nishchal was the one who connected the two parties in this deal for startup by an
IITian, GameXS.in. He also connected Jitendra from Chicago Booth and Pritesh from IIT Kharagpur, which
facilitated the creation of Zipgo.
Around the same time Nishchal was offered to join India's pioneering coworking spaces company, 91
Springboard, as a co-founder, and a little later, to join Embibe.com (bought majorly by Reliance for about
180 million dollars, a few years later), as a director. But, Nishchal decided to run Preseed instead. His
goal was to directly, wholly and intellectually, assist entrepreneurs in building their startups.
Nishchal had dropped out of college in 2007, to build a social network. He had raised nearly a $100,000 in
investment and a team of 12 mostly from IIT Delhi.
This team later on went on to become founders of companies like Glowing.io, Vertoe.com, Webkul.com, etc.
Some of these company are backed by world's best early stage startup incubators like Y Combinator and
Techstars in America.
Nishchal's network is made up of such founders from his own team of 2009 to investors in 2022.
Hire Nishchal to IMAGINE for you. Whhile our team of investment advisors prepare you to face their investors, Nishchal will be your vision's unfair advantage, through the processes at simple.preseed.in with whatever little time he may have in hand for you on our requests. However, feel free to to stay directly in touch with Nishchal on his a LinkedIn. But, expect only a strategic advisror level representative of TSF to speak to you first, as a reply to your email to Preseed.
An Investment Advisor with 15 yrs of varied Financial Experience. He has worked with organizations in the past on Credit Analysis, Investment Advisory and Business Analysis. He is Co-founder on a fintech Platform. Currently he works with and assists start-ups as a Strategic and Financial Advisor and Business Strategy .
An Investment Advisor with 15 yrs of varied Financial Experience. He has worked with organizations in the past on Credit Analysis, Investment Advisory and Business Analysis. He is Co-founder on a fintech Platform. Currently he works with and assists start-ups as a Strategic and Financial Advisor and Business Strategy .
We are doing more for the cause of entrepreneurship than we have put in words here for we wish to have you know what we are doing by the result of all that we are doing, not by words alone.
We are a culture of liberal minds trying to do our thing in harmony with another. Let’s just say, Preseed, as an organization, is designed such that we find harmony in each other by way of who we are anyway. Preseed brings the extraordinary minds and hence, the extraordinary creativity and hustle to the table on anything it touches upon.
Why the standard question of traction may not be the most
appropriate question for a moonshot innovation in its nascent stage when
founders are seeking support from investors to continue their R&D
towards
launch?
For now, let's turn the lens on another kind of traction- which we have
already created- meaningful moments and activities noticed by users, media
and the tech community.
I often wonder if my life would be the same inspired life if I was chasing
traction instead of a chasing a world changing vision which did not fit the
bill for the rule of - build MVP - followed by traction, before I could
raise money. Please tell me how I would then change the world for the
better?
Start-up land is littered with failure.
Every hack on smart investing will preach that before approaching an
investor you must have dragged your feet over the thorns littered over that
holiest of grails- TRACTION. For after all what good is a business that does
not yield profits? Yet, if that critical question on TRACTION is duly asked
and answered before any investment, why the high rates of failure and a
subsequent celebration of failure as the norm in start-up land?
Could it be that the holy grail itself is flawed in a period where most of
our problems have been solved or are perceived to have been solved to an
acceptable degree beyond which improvements are not possible in a human,
hence imperfect world?
I say YES.
Most start-ups offer incremental changes, but what if you had a moon- shot
innovation for a problem the world has ceased to consider as one. Or a
problem considered solved?
Moonshots, by their very definition, need to be hurtled until something big
is identified. The innovation after that identification might take time, in
some cases, a very long time. (Would you not say that the problem you are
addressing is a blind spot- that the best in chatting-productivity has been
achieved and that is just the start of the moon shot you must make to
disrupt existing models of education?)
Read step 4 on www.preseed.in.
Imagine, if you were the only person with the vision that there was scope
for yet another chat app for people who were looking to be productive over
chats and the rest of the world did not agree with you.
Imagine if you did not know how to code, nor did you have the
time to learn how to code.
No big deal there. Watch what Sam Altman has to say about this:
Yes, you can’t code, don’t have the time to learn so you hire the best
to code for you. It must not surprise you that great people come at a
cost. Those great people may have had a life of their own before they
met a vision that I imparted to them and wished to be consumed by it but
for the mundane but real considerations of everyday living.
More so, one requires neat sums of money for the world will not accept a
MVP that challenges its collective blind spot.
So, my challenge is to manifest a never-before vision into a
finger-licking good looking product that elicits a collective gasp of
“why did we not see that earlier”, from the world.
(To those who repeat the trite Form Follows Function rule, let me quote
just one example- Snapchat, that turned that norm on its head. It was a
beautiful but tedious product to begin with. It bettered itself over
time)
Money, of course- now.
Traction, not just yet.
So, let's let Preseed run in the nomadic boundless 'hippie, no excel sheet,
no
slide deck, no running after investors, no giving or taking unnecessary
repetitive gyan. Let Preseed speak to partners and other vested interests
after
you, only through substantial results weighed only in millions of clear
dollars
and millions of users of our products. Until we reach there, we need your
understanding.
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