Bhaswat Agarwal

RevX Capital has provided Rs 6 crore in debt funding to Care.fi, a fintech firm with a focus on healthcare. Care.fi, which was founded by Sidak Singh and Vikrant Agrawal, offers healthcare providers tech-enabled financial solutions. Care.fi intends to leverage its experience in backend operations to facilitate quicker claim settlements and enhance hospital cash flow management. #carefi #healthcare

47

The more I talk to SME founders, the more I realize… They’re not behind, they’ve just been under-served. On 7th March at the Jio World Convention Centre, I had the privilege of speaking at “Pearls Of Wisdom From Startup Founders.” I talked about a Mission Critical for India’s Economic Ascent. Here’s why this mission matters: - 63 million+ MSMEs in India - Contributing 30%+ to GDP - Employing over 110 million people - And yet, 90% of SME manufacturers still rely on manual, paper-based systems We can’t talk about a $5 trillion economy when the backbone of our production is still offline. This isn’t a technology gap, it’s a trust and access gap. What they need isn’t another SaaS pitch. They need simple, affordable, scalable systems that meet them where they are. I’m deeply thankful to the organizers Mr. C. Bhaskar and Mr. DEEPAK LAWALE for creating space for conversations that matter at scale. Chief guest for the Inaugural Session Mr. Jeenendra Bhandari, and all of the speakers: Dr. Vivek Tandon Mr. Jitesh Dadlani Mr. Amit Tandon Mr. Vishnu Korde Mr. Teja Edara Mr. Param Chheda Mr. Sachin Rane Ms. Maya Rao Mr. Anshumaan Bansal To the founders in the room: Your questions, honesty, and hustle remind me why this work isn’t optional but it’s urgent. India doesn’t rise on big companies alone, it rises when the smallest manufacturers are equipped to compete on a digital playing field. Let’s build that bridge - Together. #enterprises #manufacturers #growth LinkedIn, LinkedIn News, LinkedIn News India

101

11 Comments

My inbox has been flooded since I posted about the enhanced Credit Guarantee Scheme for Startups (CGSS). One question keeps coming up: "How exactly do we access this ₹20 crore with no collateral?" I promised to share the exact process, so here it is. CGSS now offers guarantees up to ₹20 crore. debt funding that doesn't dilute your equity. The government covers 65-80% of the default risk, making banks more willing to lend to startups. But good schemes often fail at implementation. Let me show you how to navigate this one successfully. Here's the 5-step process many founders use to secure CGSS funding 1. Register on Startup India & get DPIIT recognition first ⤷ This is non-negotiable and takes 2-3 weeks ⤷ Create a comprehensive profile on [startupindia.gov.in] ⤷ Ensure your incorporation documents, address proofs, and director IDs are ready ⤷ Follow up with the DPIIT team if there are delays beyond 3 weeks 2. Select the right bank/NBFC ⤷ Research which ones have active CGSS disbursals (SBI, Bank of Baroda, and Punjab National Bank are currently most active) ⤷ Target institutions with dedicated startup teams (many now have specialized branches) ⤷ Public sector banks often more receptive than private banks for this scheme ⤷ Pro tip: Find out which relationship manager has processed CGSS applications before 3. Prepare bank-specific documentation ⤷ 3-year financial projections with clear debt servicing ability (focus on DSCR ratios) ⤷ Business plan focused on risk mitigation (unlike VC pitch) ⤷ Market validation evidence (contracts, LOIs, customer testimonials) ⤷ Detailed use of funds with timeline and measurable outcomes ⤷ Management team credentials emphasizing operational expertise 4. Apply and address feedback quickly ⤷ Typical processing: 4-6 weeks ⤷ Be responsive to queries within 24-48 hours (delays kill applications) ⤷ Have supporting data ready for common questions on market size, competition, and financial assumptions ⤷ Be prepared for multiple meetings and clarifications (persistence matters) ⤷ Consider getting advisory support if needed (many banks have empaneled consultants) 5. Post-approval compliance ⤷ Meet all conditions precedent (these can be numerous but are critical) ⤷ Set up proper financial reporting systems for ongoing bank requirements ⤷ Maintain open communication with bank relationship manager ⤷ Document milestone achievements to build credibility for future funding What most founders miss is that bank financing requires a completely different mindset than equity funding. Banks are looking for: → Steady, predictable growth rather than hypergrowth → Conservative projections that you can beat, not moonshots → Clear evidence of repayment capability → Risk mitigation strategies for various scenarios The founders who win in the long run often aren't the ones who raised the most but those who raised most efficiently. #StartupFunding #CGSS #DebtFinancing #EntrepreneurshipIndia

472

42 Comments

Indian startups are ditching Silicon Valley for home! The great Indian startup ghar vaapasi is in full swing. Let that sink in. Razorpay. Zepto. Groww. udaan.com. Pine Labs. Meesho. What we are witnessing is not a series of one-off moves, but a broader return from Delaware to India. For over a decade, the playbook was crystal clear: Build in India, incorporate in Delaware, raise from Sand Hill Road, list on Nasdaq. That playbook is dead. Here's what changed: A startup that would have raised capital in Silicon Valley can now raise more capital in India. Same company. Better terms. Home ground advantage. The IPO math is even more brutal for those who stayed offshore. Indian companies listing domestically are fetching better valuations compared to their US-listed peers. Meanwhile, compliance costs for offshore structures have tripled, and regulatory scrutiny has intensified. This isn't just about money, though the money is compelling. This is about where value gets created in the next decade. Boardroom conversations now have the question: "Should we come back?" And increasingly, the answer is becoming obvious. But here's the catch: The decision to flip goes beyond geography. It is a rethink of how startups build, scale, and create wealth in India. A SaaS company optimised for Silicon Valley metrics operates very differently from one built for Indian public markets. The investor base is different. The growth expectations are different. The exit strategies are fundamentally different. That's why this homecoming wave is a complete recalibration of how Indian startups think about wealth creation. In my latest Create Wealth newsletter, I break down: - Why startups went offshore - The roll call: startups making the move - The big flip: Why India looks better today - The IPO math- Why India now offers better outcomes - The challenges of homecoming Read the full analysis here: https://lnkd.in/dhr9kBiQ #CreateWealth #Dezerv #Startups #IPO #VentureCapital #StartupIndia #Founders

98

6 Comments

Bihar isn’t just participating in India’s startup journey. It’s becoming a launchpad for it. With 10,000+ startups emerging from the Bihar Idea Fest 2025, the narrative is clear — innovation is no longer confined to metros. Initiatives like The Bharat Project are playing a pivotal role in this shift. By empowering founders in Tier II, III, and rural India through storytelling, education, and digital tools, it is helping unlock a more inclusive and resilient startup ecosystem. As someone who comes from Bihar, this story is deeply personal. It reaffirms a belief I’ve always held — ambition, talent, and vision are not defined by geography. They simply need the right opportunity. What stands out is the focus on grassroots innovation — where ideas are born from lived realities, and solutions are built for real India. Kudos to the YourStory Media team for choosing Bihar as a catalyst for this movement. It’s a bold, necessary step toward shaping the vision of a truly The future of entrepreneurship is decentralised. And it’s already underway. https://lnkd.in/d-tZpxEW #BiharIdeaFest #viksitbharat #StartupIndia #RanjitaRaman

45