A 28-year-old entrepreneur who stays in Mumbai has not only been making start-ups investment ready but has also been enabling them to raise funds. This article is a must read for start-ups looking for success. Just spare a few minutes in reading the article and appreciating his wonderful efforts…
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Realizing the need of start-ups
Devansh Lakhani, a Chartered Accountant, who resides in Mumbai is a quick learner. Devansh who started his company Lakhani Financial Services as wealth management firm handling investment for the clients in January, 2018 has now been helping start-ups with all their needs rights from making pitch decking to scouting investments for them, “We started off as a wealth management firm handling investment for our clients. Later I understood the dearth in the start-ups space and how much guidance or knowledge can be shared with various start-up founders purely on the basis of my past experience. Subsequently, we got into start-up advisory and fundraising with an aim to help over 100 start-ups in the current calendar year,” he told Chalgenius.
Wealth management and investment advisory
He says that his firm offers end-to-end solution to start-ups, “We work with start-ups from start to end. We help them completely by adding a lot of value to their business. We also help them to make strategies for scaling of their business by making a proper plan of the next five years,” Devansh told Chalgenius.
“We essentially start with helping them prepare a very effective business plan with utmost logic, reason and rationale which not only increases our confidence but also the founder’s confidence as he able to visualize the business with a vision. This makes it very easy for us to then pitch to our investors.
At present, LFS is a boutique of Investment banking and an Investment advisory firm helping start-ups raise capital from its network of investors
Preparing Pitch deck and business plan
Lakhani Financial Services also helps start-ups to prepare a beautifully carved out pitch deck which makes a lasting impression upon the investors and helps start-ups to get a huge opening in front of them.
Devansh told Chalgenius that in the final step they approach the investors once all the documents are ready to close the deal, “This is the sole reason we have been able to close 2 deals during the lockdown phase worth under Rs.1 Crore approx each.”
Devansh helps startups to strategize their business growth, plan out revenue model, determine marketing and sales strategies, team structure, etc and be a friend who can help them to bring their vision to life. He has a four member team.
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Keywords: Lakhani Financial Services, Investment banker, Mumbai, start-up, chalgenius, Investment, business plan, pitch deck
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