Techcircle Startup Conference Park Plaza Bengaluru Hotel 2016

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Sun, 16 Apr to Sun, 16 Apr 2028, 00:00

Start Time:

00:00

Duration

1H

Description

The Techcircle Startup Conference, organized by the Mosaic Media Ventures Private Limited will take place on 28th April 2016 at the Park Plaza Bengaluru Hotel in Bangalore, India. It is clear that the easy-money phase for the Indian startups is over and a new phase of hard knocks has just begun. Are startups prepared to deal with this new reality of constrained supply of capital? Can they adapt and weather this challenge? Are they able to capitalize on the expertise and resources of their investors, besides just funding? How best are they equipped to win and retain customers without burning too much capital? And are they able to execute right? These are some of the key questions Techcircle Startup 2016 in Bengaluru will seek to answer. Along with this the Bengaluru edition of Techcircle Startup will provide a comprehensive insight on the startup ecosystem in and around Bengaluru bringing together cutting-edge and disruptive early-stage startups, current and potential investors, angels, seed funds, incubators, accelerators & mentors, along with many of India’s most active VC/PE funds.

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Introduction
<p>After a record 2015 for Indian venture capital and private equity, 2016 is already off to a slow start.</p><p>After attracting a record $20 billion in PE/VC funds in 2015 (VCCedge data), up from $12.5 billion in the previous year, Indian companies are already seeing a 50% drop in new funding, if the first quarter of 2016 is any indication.</p><p>Signs are adding up that the Great Indian Startup Funding Story is unraveling on the edges.&nbsp; Late-stage funding of at least $20 million has started drying up with many VCs unequivocally said they would write fewer cheques this year. This has already set off a consolidation drive in Indian consumer internet. A few startups have shut shop, while many are scrambling to cut costs by shrinking footprint and staff. Already, some 3,000 startup jobs have disappeared in just the last six months. And many angels have stepped to the sidelines.</p><p>It is clear that the easy-money phase for the Indian startups is over and a new phase of hard knocks has just begun. Are startups prepared to deal with this new reality of constrained supply of capital? Can they adapt and weather this challenge? Are they able to capitalize on the expertise and resources of their investors, besides just funding?&nbsp;How best are they equipped to win and retain customers without burning too much capital? And are they able to execute right? These are some of the key questions&nbsp;Techcircle Startup 2016 in Bengaluru will seek to answer.</p><p>Along with this the Bengaluru edition of Techcircle Startup will provide a comprehensive insight on the startup ecosystem in and around Bengaluru bringing together cutting-edge and disruptive early-stage startups, current and potential investors, angels, seed funds, incubators, accelerators &amp; mentors, along with many of India&rsquo;s most active VC/PE funds.</p>

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