INSIGHTS Podcast Series — #13: 1999 to 2018 — Ashish Hemranjani recaps the BookMyShow journey

In this final episode on fundraising, we hear from a master story-teller — Ashish Hemrajani, co-founder and CEO of BookMyShow, India’s leader in entertainment ticketing.

Ashish recaps his journey from founding the company in 1999 all the way to 2018 and the various phases of the business ups and downs he has seen over this time period.

In particular, we discuss the following topics in great details:

  • Early days of BookMyShow including launching India’s first cash on delivery (COD) service
  • The tough years post the 2001 dotcom bust and how they survived those tough years
  • How to pick your investment partner — and the importance of that in the battle called entrepreneurship
  • How to think through valuation while fundraising
  • Hiring bankers or not while fundraising
  • How to become a good story teller as a founder
  • Difference between building a good company vs a great company
  • Having an empty chair that represents your consumer in every meeting
  • Why Ashish appreciates being known as a mongrel more than being a Unicorn
  • And most importantly how to run this marathon called a startup while still enjoying your life and coming back every Monday energised to build your startup!

Hope this podcast was helpful as you figure out your startup journey . In the next set of podcast episodes, we are going to focus on something Ashish touched upon — the importance of execution and how to get that right as a startup founder. If there is any feedback on this podcast or questions for the next set of episodes, please do share as a comment below or tweet us at @Accel_India


Accel shares such interesting entrepreneurial stories, with informative nuggets to run and scale your startup. Follow the links below and subscribe to our #Accel #INSIGHTSPodcast Series using the following links: iTunes, Twitter @Accel_India, Google Music: (US & Canada Only)and the RSS feed

INSIGHTS Podcast Series — #12: Digging deeper into Fundraising with Abhiraj Bhal from UrbanClap

In the last podcast with Abhinav we discussed the key aspects of picking the right investor and also the actual process of fundraising. You can listen to it here.

Today, we are looking at the same topic from an entrepreneurs’ perspective. We are chatting with Abhiraj Bhal, co-founder and CEO of UrbanClap, a path-breaking company in the Home Services space which has grown from zero to over 300K transactions per month in just over 3.5 years and still growing at a phenomenal pace (3–4x per year).

We are again going to divide the topic into two sub-topics — 1) picking who to raise funds from and 2) the process of fundraising. Key topics covered in this short 30 minute podcast are outlined below.

Picking who to raise funds from

  • What are the factors to consider before picking who to raise funds from?
  • How did Abhiraj connect with his Angel Investors and VCs?
  • Importance of having an experienced Angel as an investor
  • Avoidable mistakes while picking your initial source of capital

Tips on the fundraising process

  • How long should someone budget for fundraising?
  • Tips on preparing your investor pitch — the What, How and Why methodology
  • Importance of story-telling as a founder and how to practice that and get feedback
  • Being completely open with the investor and why that is important
  • Best way to connect with the investor
  • Initial pitch to term-sheet — the process from an entrepreneurs’ perspective

In the next episode, we are going to hear from an entrepreneur who is a master at Story-telling — a very essential skill for fundraising as well as for recruiting and retaining employees. If there are any specific questions that are top of mind for you, please do share as a comment below or tweet us at @Accel_India

Accel shares such interesting entrepreneurial stories, with informative nuggets to run and scale your startup. Follow the links below and subscribe to our #AccelInsights Podcast Series using the following links: iTunes, Twitter @Accel_India, Google Music: (US & Canada Only)and the RSS feed

INSIGHTS Podcast Series — #11: Abhinav Chaturvedi from Accel demystifies fundraising

As a first time startup founder, fundraising can seem overwhelming. Many have gone through the process without too much knowledge about who to raise funds from and how to go about the process — particularly as it relates to the Indian ecosystem.

In this podcast, Abhinav Chaturvedi from Accel demystifies fundraising and addresses most of the questions that are probably going through your mind as a first time founder. Here are the topics covered in this podcast:

Picking who to raise funds from

  • When should you start the fundraising process for your startup?
  • When is it good time to go to an Angel investor vs an institutional investor?
  • What’s the best way to reach your top investor choices?
  • What are the common avoidable mistakes that first time founders do while figuring out who to raise funds from?
  • Different types of companies — B2B vs B2C and any advice on how they should think about funding differently?

Tips on the fundraising process

  • What are the top reasons investors are compelled to invest in a particular startup?
  • What are some of the best pitches Abhinav has heard and funded — what stood out in those pitches?
  • From the first pitch to getting to a term-sheet —what to expect, what happens behind the scenes in a VC fund?
  • What are the common avoidable mistakes that first time founders do in the fundraising process?

In the next two episodes, we are going to hear from a couple of entrepreneurs who have gone through this fundraising process a few times and tips from them for a first time founder. If there are any specific questions that are top of mind for you, please do share as a comment below or tweet us at @Accel_India

Accel shares such interesting entrepreneurial stories, with informative nuggets to run and scale your startup. Follow the links below and subscribe to our #AccelInsights Podcast Series using the following links: iTunes, Twitter @Accel_India, Google Music: (US & Canada Only)and the RSS feed

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