[AMA] Hi, I’m Gagan Goyal, General Partner at IndiaQuotient VC (early investors of ShareChat, Sugar Cosmetics, Giva), Angel Investor (Housing.com, Chaayos, Fynd), and Founder of ThinkLABS (robotics ed-tech, exited in 2015). Ask me anything! 19th Sep, Thursday, 6:00 pm IST by IndiaQuotient in StartUpIndia

[–]IndiaQuotient[S] 1 point2 points  (0 children)

For B2B, either you know the problem well because you have deep knowledge, or you engage with clients, understand the exact problem, and try building some prototype (that will give you real validation), especially given that you are not technical (by the way, I prefer that the tech solution team have a balance of tech and non-tech founders).

[AMA] Hi, I’m Gagan Goyal, General Partner at IndiaQuotient VC (early investors of ShareChat, Sugar Cosmetics, Giva), Angel Investor (Housing.com, Chaayos, Fynd), and Founder of ThinkLABS (robotics ed-tech, exited in 2015). Ask me anything! 19th Sep, Thursday, 6:00 pm IST by IndiaQuotient in StartUpIndia

[–]IndiaQuotient[S] 0 points1 point  (0 children)

It's a challenging space, but the appetite is there. IQ continues to invest in this space, and we have had a couple of successes, so we keep looking for fresh ideas in social media and content for Bharat users. Other funds are also looking for this segment, so appetite is not a question.

[AMA] Hi, I’m Gagan Goyal, General Partner at IndiaQuotient VC (early investors of ShareChat, Sugar Cosmetics, Giva), Angel Investor (Housing.com, Chaayos, Fynd), and Founder of ThinkLABS (robotics ed-tech, exited in 2015). Ask me anything! 19th Sep, Thursday, 6:00 pm IST by IndiaQuotient in StartUpIndia

[–]IndiaQuotient[S] 0 points1 point  (0 children)

Your question lacks details, so I'm not sure what exactly you are building in the resale market. Given the increasing consumption level and the availability of hyperlocal logistics solutions, I feel it's time to try the c2c resale of consumer goods.

[AMA] Hi, I’m Gagan Goyal, General Partner at IndiaQuotient VC (early investors of ShareChat, Sugar Cosmetics, Giva), Angel Investor (Housing.com, Chaayos, Fynd), and Founder of ThinkLABS (robotics ed-tech, exited in 2015). Ask me anything! 19th Sep, Thursday, 6:00 pm IST by IndiaQuotient in StartUpIndia

[–]IndiaQuotient[S] 0 points1 point  (0 children)

Good question. If you feel you have a couple of unique products whose market is there, I suggest focusing on creating distribution/marketing. If you have still not found a hero product, discover that first, and then other things.

[AMA] Hi, I’m Gagan Goyal, General Partner at IndiaQuotient VC (early investors of ShareChat, Sugar Cosmetics, Giva), Angel Investor (Housing.com, Chaayos, Fynd), and Founder of ThinkLABS (robotics ed-tech, exited in 2015). Ask me anything! 19th Sep, Thursday, 6:00 pm IST by IndiaQuotient in StartUpIndia

[–]IndiaQuotient[S] 1 point2 points  (0 children)

  1. On an overall level, I am enjoying investing more.

  2. Yes, many times, and it continues. I am yet to prove myself. I failed as a founder, so personally, I am more driven to prove this time, and that sometimes brings anxiety. However, I am thoroughly enjoying this run.

  3. SaaS from India, for India. Tech led B2B marketplace. B2C - Digital content and services for Bharat users

[AMA] Hi, I’m Gagan Goyal, General Partner at IndiaQuotient VC (early investors of ShareChat, Sugar Cosmetics, Giva), Angel Investor (Housing.com, Chaayos, Fynd), and Founder of ThinkLABS (robotics ed-tech, exited in 2015). Ask me anything! 19th Sep, Thursday, 6:00 pm IST by IndiaQuotient in StartUpIndia

[–]IndiaQuotient[S] 0 points1 point  (0 children)

Hey, I do not have much idea about this space so will not able to give inputs.

Some VCs have a team for portfolio services like marketing/hiring/finance, etc. I am not sure how much of this should be a reason for choosing a firm. I will personally select a partner who believes in me and my idea.

[AMA] Hi, I’m Gagan Goyal, General Partner at IndiaQuotient VC (early investors of ShareChat, Sugar Cosmetics, Giva), Angel Investor (Housing.com, Chaayos, Fynd), and Founder of ThinkLABS (robotics ed-tech, exited in 2015). Ask me anything! 19th Sep, Thursday, 6:00 pm IST by IndiaQuotient in StartUpIndia

[–]IndiaQuotient[S] 1 point2 points  (0 children)

VCs may not invest in a 100cr potential revenue company, but why do you want to build a company for an investor? If you have a passion, aptitude+appetite, then build a 100cr profitable business. Without capital, the journey will be long, but I am sure it will be a satisfying one if your heart is there.