New Delhi, 12th Jan 2020: Techbooze Consultancy, a leading Business Development, Consulting and “Funding” facilitator for Startups & Enterprise raises Series A funding of $15 million, led by Space Capital.
Techbooze Consultancy Services has been in the market for over 4 years now, and has been raising capital for over 22 startups within the last few years.
The company, according to Founder & CEO, Mr. Subhashis Kar, initiated this round of funding in order to expand its operations and raise the company valuation to over $300 million.
The company anticipates this funding round to fuel its startup growth ambitions with the ultimate goal of creating an ecosystem friendly for the growth of the startups.
As of now, Techbooze Consultancy Services facilitates investment rounds for both well-settled and newly emerging companies across the globe.
Evidently, there are a lot of roadblocks for startups to raise funds in order to scale up. First of all, there is a lack of information on whom to approach and second, the “pitch”.
Techbooze, acts as a bridge between the startups and investors, filling the information gap between the two entities. Initially, Techbooze Consultancy Services was a UK based firm where its operations were limited to investment procedures and education development sector.
Mr. Subhashis joined the company as a production head, and later when the company went undervalued, he bought the naming rights since Techbooze had some brand recall and a strong network. He leveraged the network of investors and focused towards diverting the company’s focus from enterprises, towards startups.
“Startups are more growth-hungry; they know very well that if they fail, there’s no second chance such is not the case with enterprise businesses; they always have backups.” Techbooze Consultancy Services facilitates 360-degree support for startup funding starting right from understanding the current position of the company, i.e., where do they fit in seed round or angel; creating investment plans, pitch decks, go-to market strategy, and a lot more.
Techbooze also helps with development of DPRs (Detailed Project Reports) for architecture and construction projects, in addition to consulting startups & enterprise with their growth strategy.
The company runs an open investors’ forum where it connects startups directly with 300-400 potential investors across the globe.
According to Mr. Subhashis, startups can submit their growth plans, and other documents for review as and when, any investor expresses his interest, he/she will reach out to Techbooze for more information.