Venture Hub: A Catalyst for Entrepreneurs

PK Sambamoorthy,Managing Partner

PK Sambamoorthy

Managing Partner

Over the past few years, the startup ecosystem has evolved at a frantic pace and it will continue to grow considerably in the future as well. Undoubtedly, several startups are mushrooming each day. Though the Indian startup landscape has been dynamically growing, the ecosystem is yet to mature with investors/mentors/advisors and platforms like incubators and accelerators to assist them. However, things are changing with successful entrepreneurs who have exited their business and consultants with specialised skills taking a lead in assisting the startups. Few mentors and advisory service providers are helping companies to reach excellence with their in-depth knowledge and expertise. Venture Hub is one such firm that provides specialised consultancy services for startups. The company is led by PK Sambamoorthy, who had varied exposure to the corporate scenario and in the start up world. An expertise in assisting various startup ventures from the incubation stage to go to market stage. His well-versed understanding of the strategies that would scale startups prompted him to join hands with few other experts and established Collabrant Incubators Private Limited in Bangalore in 2004. With the changing requirements of the startups and to provide an end to end
support for the start up through an ecosystem network, he had started, Venture Hub, a catalyst to entrepreneurs with a virtual and on ground support.

"The startup ecosystem in Tier 2 and Tier 3 cities lacks some of the professional support to scale their business. The entrepreneur may have good ideas and solutions but there is a gap with lack of enough professional networks to access capital or develop a good market strategy. The whole idea of Venture hub is to bridge this gap," says PK Sambamoorthy. It mainly assists the startup at the idea/incorporation stage and helps founders who are looking to build a professional successful organization with good ethics, corporate governance, systems and process.

Venture Hub bring in unique skill sets and experiences that can complement or enhance the capabilities of the company's founders and team members. It will act as a sounding board to assist the start up founders to help navigate their uncertainties.

Venture Hub is a start up Catalyst enabling them to build a world class venture

"So, Venture Hub-A virtual hub with its ecosystem partner network, is a firm that the startups can look for as a catalyst in the early stage of their business," he exclaims.

The service portfolio of the company includes converting a business idea into a workable business plan, incorporation services, setting up the board and its roles and responsibilities, promoters/shareholders agreement, building the initial team and developing and implementing business and marketing strategies that mould the client companies as successful organizations. The firm spends a considerable amount of time with the founders of the start-up to understand their desire and what pain point they are trying to solve. It guides the start-up to build a solid foundation of the organization by developing efficient business model and strategy. Along with all these, it assist the start up in structuring the initial capital requirement developing a financial plan with valuation and creating the investor pitch documents for access to investors for angel/seed funding.

The firm is also planning to assist fast growing startup and SMEs to tap the SME exchanges (BSE SME/NSE Emerge/BSE Start up platforms) for their growth capital.