CHENNAI: IIT Madras has incubated a startup to lend a hand the founders of alternative startups navigate unchartered terrain in the early phases of their ventures. The initiative aims to fortify the good fortune of early stage startups the usage of equipment and strategies according to gadget finding out and knowledge sciences.
YNOS Venture Engine CC Private Limited, a startup incubated on the IIT Madras Incubation Cell, used to be founded by way of Prof Thillai Rajan of the department of management studies who has been researching the Indian undertaking capital industry for as regards to a decade now.
Speaking about the undertaking, Rajan mentioned knowledge and decision-making analytics are not easily accessible for early stage entrepreneurs. “YNOS uses analysis insights and era to offer knowledge and intermediation services and products for early stage entrepreneurs. Using complicated marker analytics equipment, our platform provides estimates of valuation and likewise identifies appropriate traders for the startup,” he mentioned.
The era platform and hybrid choices were designed to cater to specific wishes of early stage entrepreneurs. This includes providing a competitive panorama for startups, valuation estimates, identifying traders and hands-on working out of fundraising. The YNOS staff incorporates of school, students and alumni of IIT Madras.
The time has never been better for creating startups, mentioned Rajan. However, startup mortality charges have now not fallen, he noted, including that whilst the investment panorama has expanded, it has also turn out to be more complex. “The share of startups getting investment is still low. These challenges continue to confound early stage entrepreneurs,” mentioned Rajan.
Tamaswati Ghosh, leader govt officer, IIT Madras Incubation Cell, mentioned, “As one of India’s leading incubators with over 140 startups, we're keenly conscious about the challenges that by way of early stage era entrepreneurs face, particularly in elevating investment and finding matched mentors,” including that YNOS would address some of these vital issues.
Venture Intelligence founder Arun Natarajan, an investor in YNOS, mentioned startups approaching professional traders for the first time tend to be underprepared.
“This causes a large number of lengthen in fundraising, if now not completely derail it. By aiming to offer actionable knowledge on this entrance, YNOS is poised to play an important function in making the early stage investment procedure in the country more environment friendly,” he mentioned.
YNOS Venture Engine CC Private Limited, a startup incubated on the IIT Madras Incubation Cell, used to be founded by way of Prof Thillai Rajan of the department of management studies who has been researching the Indian undertaking capital industry for as regards to a decade now.
Speaking about the undertaking, Rajan mentioned knowledge and decision-making analytics are not easily accessible for early stage entrepreneurs. “YNOS uses analysis insights and era to offer knowledge and intermediation services and products for early stage entrepreneurs. Using complicated marker analytics equipment, our platform provides estimates of valuation and likewise identifies appropriate traders for the startup,” he mentioned.
The era platform and hybrid choices were designed to cater to specific wishes of early stage entrepreneurs. This includes providing a competitive panorama for startups, valuation estimates, identifying traders and hands-on working out of fundraising. The YNOS staff incorporates of school, students and alumni of IIT Madras.
The time has never been better for creating startups, mentioned Rajan. However, startup mortality charges have now not fallen, he noted, including that whilst the investment panorama has expanded, it has also turn out to be more complex. “The share of startups getting investment is still low. These challenges continue to confound early stage entrepreneurs,” mentioned Rajan.
Tamaswati Ghosh, leader govt officer, IIT Madras Incubation Cell, mentioned, “As one of India’s leading incubators with over 140 startups, we're keenly conscious about the challenges that by way of early stage era entrepreneurs face, particularly in elevating investment and finding matched mentors,” including that YNOS would address some of these vital issues.
Venture Intelligence founder Arun Natarajan, an investor in YNOS, mentioned startups approaching professional traders for the first time tend to be underprepared.
“This causes a large number of lengthen in fundraising, if now not completely derail it. By aiming to offer actionable knowledge on this entrance, YNOS is poised to play an important function in making the early stage investment procedure in the country more environment friendly,” he mentioned.
Launched by IIT-M, startup to help other startups
![Launched by IIT-M, startup to help other startups]()
Reviewed by Kailash
on
May 29, 2018
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