Hello All,
Just wanted to know and understand how can we raise funding for our company which is involved in offering services. We are offering web hosting and IT infrastructure management services to customers worldwide. We generate good monthly recurring revenue from India and customers round the globe. We want to know market our services in India and now grow at a faster rate.
I understand product companies get funding considering concept they have got however any idea/suggestion on this topic would be highly appreciated.
Neha
We are pretty unsure of how much we will need although we have marketing ,sales plan and other things ready. Is there someone who can consult us on this?
Darshan Bhambiru
I see you are from Nashik, or Mumbai ?
Start here 🙂
Product vs. Services – The Smarties Guide!!!
If you are already generating good monthly recurring revenue from India then why do you need Funding ?
You can Use Funds from Friends and Family or go the Crowdfunding way too, Since what Domain you are into has People Costs and Technology set up costs, apart from the Office setup costs which every one has (more or less) Which is Most times One time, and in your case should be already done, maybe you need more (wo)manpower and Skilled staff to Grow faster, then you would only need to recruit more of those and Delegate again.
Loans ? Companies get them better than Individuals and you are already Showing Earnings.
You already have your Investments for the Hosting Web space and Systems, Servers done already which you now need to retail and sell, apart from the design development, which utilises the Manpower at the company’s payroll.
Use this for a quick Start :
https://www.therodinhoods.com/forum/topics/a-ready-to-use-template-for-pitching-your-business-for-funding
Read through these too for additional Insights (The comments have all the Gyaan there) 🙂
https://www.therodinhoods.com/forum/topics/7-steps-for-writing-a-business-plan
https://www.therodinhoods.com/forum/topics/how-to-present-your-business-plan-to-investors
https://www.therodinhoods.com/forum/topics/business-plan-or-just-start-up
PS: What is Your company’s name (MilesWeb Internet Services) or do you work there as a BDM (Amit Deshpande – Founder & CEO) ? Website (if any) ?
Then again if you can use the Template for a Pitch there are many who would be interested to Invest as a Wantrepreneur, or also as an Investor here on TRHS, Details matter, figures maybe later.
Cheers!!!
Amit Shroff
Neha, let me know if you find one! Even I am looking for someone who can fund us! We have been operational since last 4 years and providing Website Development, eCommerce & Digital Marketing Services.!
Partha Chakraborty
Hi,
You might want to read https://www.forbes.com/sites/benkepes/2014/12/09/digitalocean-raises-50m-but-even-that-cant-explain-the-growth/ and other articles about ‘Digital Ocean’.