How platform trading is gaining ground in venture capitalism
Rupen Doctor is a finance professional with 15 years of working experience as a private banker in India and UAE and has an immense experience in diverse areas of investment in his portfolio.
So what is platform? Platform trading is a very attractive place for entrepreneurs to raise funds for their business. Besides the attractive rates and the ease of doing business, another important factor that attracts entrepreneurs from around the world is the multiplicity of financing sources for startups.
To qualify, the startups must have the core operations of the company in India and Singapore. The company should be incorporated as a private limited company for less than 5 years. They should have a paid-up capital of at least Rs 500,000 or SGD$50,000 and have a high-growth potential with clear ability to scale in the international market. The business must not be involved in gambling, tobacco-related products, or any other activities which are in violation of law, or against public interest. The company cannot be a subsidiary or joint venture.
For Tech Startup to qualify through platform trading, they should have a breakthrough technology that can disrupt current markets or create new markets. With Startup Tech, companies will receive funding for both Proof-of-Concept (POC) and Proof-of-Viability (POV) projects. POC projects, which are designed to test the technical and scientific viability of a new technology, can receive funding of up to S$250,000. POV projects designed to test the commercial viability of a lab-proven technology can receive up to S$500,000 in funding. The company either should be a registered Singapore company less than 5 years or in India. Some of the sectors which have a high demand are Advanced manufacturing and robotics, Biomedical sciences and healthcare, Clean technology (e.g. waste management solutions, sustainable energy generation),Information and communications technologies, Precision engineering (e.g. composite technology and silicon photonics technology),Transportation technology, Food science and technology.
This prolific entrepreneur and Investor, Rupen Doctor is a finance professional with 15 years of working experience as a private banker in India and UAE has an immense experience in diverse areas of investment in his portfolio. Startup Equity is an investment fund managed by SMART GAIN for startups that require significant capital expenditure and may take longer to be commercially viable. Smart Gain was founded in 2016 along with the partners' agreement with Jhunjhunwala who needs no introduction, is an Indian Billionaire Investor and Trader and a Chartered Accountant and has been described by India Today magazine as the "pinup boy of the current bull run" and by The Economic Times as "Pied Piper of Indian bourses", HDFC LIFE and Apollo Munich.
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