Netz Capital is a VC fund and advisory focused on nurturing start-ups and emerging companies. Atul Khekade is also a co-founder and CEO of Airnetz Charter and Airnetz Aviation
How important is the role of intermediaries for an entrepreneur in reaching out to investors?
Mentors/Intermediaries are really important. In fact, we are more of mentors/intermediaries than large investors. We began that way. We are a group of entrepreneurs who each contributes in small sizes to the fund to refine the company’s business model and help it achieve critical scale for rapid expansion. The venture can then raise later round for scaling up by acquiring other players or activities that would help increase the user base.
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| Atul Khekade Chairman, Netz Capital |
How many investments has your firm made so far? How old is the fund, and what is its size?
We have done 4 investments so far. Initially, we started as a Incubation/start up fund; however, now we are going into early stage/growth capital and real estate finance domain. We are about 2 year old now. Our initial investment pool size was $2 million of which we are all invested. We are in process of fetching another $50 million for early/later stage technology fund and $75-100 million of India Emerging Real Estate Fund.
What is your investment strategy?
For technology, our focus is companies playing in significant global industry market size with “software as a service” model. For the Emerging real Estate fund, our strategy is investing into emerging rural areas where land rates are from $5 to $20 per sq ft.
How has your investment strategy changed given the slowdown?
The strategy is to make small investments and go aggressively towards capturing market share. Business activity in a lot of areas in the market has slowed down which has kept competition literally non-existent. For exponential growth, this is the best time as one can capture market share far more rapidly than other players.
What is the minimum ticket size of your investment?
For technology, we can go as small as $50,000 and upwards of $3-5 million.
What kinds of returns do you look at?
Our target is fetching minimum 300% returns within a four-year horizon.
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written by realestateagent, August 26, 2010
written by Srinivas Gopi Chand Dutta, March 04, 2010
Understanding the market gap for one stop shop solution for all design needs to clients has been the market motivation. The experience of the promoter Mr. Harigopal Dutta and a vision to create a differential market place for design has led to the birth of Thinkxntric.
Started from a 2 member home based initiative, today Thinkxntric has grown to a professional team of 18 with a handsome business growth and huge potential to realize more.
Vision
To be a creative leader in the global design market place with one-stop shop for all customers.
To create a market niche for creative design, with a passion to think beyond.
Making it the first design firm to go public by 2012.
WE PROVIDE a very different and collaborative way of designing. We believe we can demonstrate – that our process is the most effective way to create or improve any product.
“ Freedom of thought is the Birth of Creativity”
ThinkXNtric is not just a name for us but our character identity.
Founder Profile
Mr. Harigopal Dutta:
Founder of Thinkxntric, an experienced design consultant with exposure across multiple design areas including Apparel, Fashion, Brand development and get to market initiatives. He has been a consultant with major brands including…. . He adds value to the team with his global exposure to US, UK and European markets. He is the Managing Director of Thinkxntric , leading the team towards its vision. He is a graduate from NIFT, Hyderabad and has a Computer sciences degree to his credit.
Objectives:
a.To transform the Business Model of Thinkxntric into an integrated setup
Concept design –development –production –post production refinement
b.Transform the Organization into a process centric setup with proactive control over Accuracy, Quality, Reliability and R&D.
c.Expand Geographic presence and explore multiple marketing capabilities for proactive strategies, positioning and client reach.
d. Improve Organizational bottom lines in the next 2 years to reach an optimized platform for going public within the next 4 years. –Target of INR 1.5 Cr. revenue by FY2009.
e.Create a market niche for Thinkxntric with a professional cost and Quality control standardization, there by position it as a unique design entity in the industry creating space for affordable design. This needs creative product and service packaging initiatives.
Right Now we are at the stage where we are transitioning into turn key venture with over 1 to 2 crore of turn over and the project time phase is 180 days to 300 days with all approved delays,in order to achieve this we need assurers so we can pick some materials from vendors as the billing is phased out in three installments ,if You are interested I will be forwarding more details if I can have feedback to the present communication
written by Mr. Supriya Dutta, February 03, 2010
I’m a marketing professional and is looking for product based software development funding. There are 4 members in my team consisting of my childhood friend who is an aspirant Chartered Accountant, two software developers and myself an M.B.A and having 4 years of Sales & Operations Experience in Telecom and Financial Industry respectively in the profile of Channel Management and Relationship Management. We’re seeking funding for accounting based software development and setting up PAN India Distributor set-up for the same. Please contact me in case if you find this proposal interesting and lucrative.
Warm Regards,
Mr. Supriya Dutta,
Kolkata, India,
(M) +919874545880,
E-Mail:- duttasupriyo@yahoo.com
written by Deepak Bijaya Padhi, October 22, 2009
I am Deepak Bijaya Padhi. I have been into the finals of Economic Times-Power of Idea 2009.
I am searching for a professional investor/VC for my project in SIMless recharging (Telecom sector). the current market size is {Rs.200/- x 500 million (UserSub-base)} 1,00,000 million in India.
I have started the pilot project with 25 retailers and an investment of Rs.50,000/- with only one product in September 2009. With in 45 days of operation our team converted the gross inventory value to Rs. 63,000/- after all expenses.
Thus, We assure you that the Break even could be achieved with in one year.
With in three years of operation we assure a 300% of return on investment.
The investment required is Rs. 50,00,000/- for the 1st phase.
If it sounds interesting, Please feel free to contact at 09437481318/ 09777451223. or you may email me at: pdeepakbijaya@rediffmail.com ; deepakbpadhi@yahoo.co.in
Thanks and regards.
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