Indian Minorities Economic Development Agency (IMEDA)

1. Set up your own web development company. The company registration costs plus the domain and hosting fees would total an approximate sum of Rs.25-30k. You can charge for your web development fees as you wish and the revenue you generate would be good enough to raise a few eyebrows. 2. You can become a seller with the leading e-commerce companies in India (Flipkart, Snapdeal, Amazon.etc). You can invest the 30k in buying the first stock of the product that you would want to sell, and you can reap the benefits of the sale. You might as well think about selling handicrafts, health and protein supplements online since it is largely untapped as compared to other products. Books, beauty products, personal care, clothing are some of the most sellable products online. 3. Build your own blog, and write about a niche. It should be something that you are quite knowledgeable and passionate about. The domain and hosting fees for a year would cost around Rs.3000 and the rest of the money ca

Lack of funding is definitely not the major reason why startups failed but turn to be one of the common reasons. Money is the bloodline of any business. That’s why, at almost every stage of the business, entrepreneurs find themselves asking – How do I finance my startup? Every business has its own financing needs; startups have a lot of funding options besides bank loans. There are even options outside of business credit cards and borrowing from friends and family, and beyond the traditional bank loans, some options are: Venture capitalists Venture capital (VC) in India was known since the nineties which now have successfully emerged. Venture Capital Financing is where an outside group takes part ownership of the company in exchange for capital. The percentages of ownership to capital can be negotiated, and are usually based on a company's valuation.  "Best fit when anticipated for demonstrated high growth potentials, and a competitive edge of some kind, like a pate