Categorystartup

How to create a convincing funding request for your startup?

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Thinking about starting your own business? To turn your vision of a profitable venture into reality, you’ll need funding. Entrepreneurs sometimes fund their businesses with personal assets and cash. However, most require outside funding for which they submit a “funding request.” What is a funding request? Essentially, a funding request is a written request for funding from a...

Best way to raise seed funding for a startup in India

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Over the last few years and especially during the pandemic, the country has witnessed a surge in the number of startup businesses that have made their presence known. From grocery delivery services to travel tickets, online marketplaces to books and tech gadgets, there has been a spurt in the number of people using e-commerce to fulfill their daily needs.  Because of the large number of...

What are the factors contributing to the growth of e-commerce in India?

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While the economy of India might look rather gloomy at the moment, there is one sector that continues to grow in leaps and bounds and that is online retail, or the e-commerce sector. With more and more Indians using the internet, the revenue of e-commerce companies could very well triple over the next few years to 504 billion rupees. And when we talk about retail, it is not just Flipkart, Amazon...

What are the factors and legal requirements to start a travel agency in India?

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Do you love travelling and want to make it your career? You can indeed consider starting your own travel agency. There’s no reason not to do it. The tourism industry in India has enormous potential, and with the introduction of new technologies, there is little doubt about its continued growth. People just go online for all types of travel solutions, from purchasing a plane ticket to...

How to find success in your mentoring role?

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Are you a seasoned entrepreneur looking to give back to the startup community? Maybe you have a specific area of expertise in which you might offer assistance. At Coffeemug.ai, we believe in passing down the knowledge to help create the next generation of successful entrepreneurs. This networking platform is equipped with some of the best startup mentors in India and believes in supporting the...

CEO job responsibilities at different stages of a startup

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According to Indra Nooyi, former CEO of PepsiCo, “the difference between number one and number two is always a constant. If you want to boost a company, you must first improve yourself, and then the organization will follow suit”. This phrase represents the challenges of a CEO. Startups go through distinct stages, each of which requires a significant shift in the role of the CEO. It may be...

How, when and why should you consider hiring a CFO for your startup?

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A CFO is a senior-level C-suite executive who takes control of the business financially. Their main job is to study the marketplace, manage the Accounting team, and charter a financial course of action for the business. In every financial campaign, the primary obligations of the CFO include forecasting, planning, and analysis which help companies to scale successfully. In an organization, the CFO...

74% of senior professionals would prefer working with a start-up instead of a corporate: CoffeeMug talent report

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CoffeeMug is a fast-growing community of over 2,50,000 senior professionals, business leaders, CXOs, founders & investors. As we see opportunities flourishing from both startups & corporates in 2022, we conducted a survey amongst our members to understand what the senior professionals prefer Startups or Corporates & what influences their decision. We received responses from 1250+...

Financial startup tools every entrepreneur must consider

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Every startup business needs to focus on its financial balance and make the right financial projections in order to focus on growth. It is important to know and understand clearly where the money comes from, where it goes, how well the business performs, and how it will perform in a couple of months. From an investor’s point of view, this information is vital to their making a decision of whether...

Everything you need to know about how startup funding works

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Every startup business in India begins somewhere small and over time, investment and resources, some of them grow into something much bigger and more profitable. No matter how humble the business idea is, at some point in its journey of growth, it is going to need external investment either from angel investors, venture capitalists or acquaintances or friends. As a startup takes shape, there is...

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