The fundemental problem of some of our countrymen is very much reflected from the answer you have posted. Instead of being introspective on the content, people want to comment/ judge on the presntation or what appears them most.
I would like to add more content to my posting. I have strted the software shop in 2006 Apil and approached a nationalized bank under CGTSI scheme for Four lakh ( 1 term loan 3 overdraft). The manager has given the assurance and assured the sanction of the loan after geting the green signal from Regional office.
As per his advice I hav opened the Current Account in July 2006 and start operating the account. In the last 13 months I have visited the Managers(s) 60-70 ( three managers transferred) times; nonetheless, my application is still lying on their desk.
As far as the VC's are concenrned they not only support seed stage comanies but provides funding to the growth stage comanies. One insider told me that they are here to provide the proximity ( People don't have to travel to US).
I am still running my company with customers payment and through the finacing from Private financiers and the borrowing from friends.
Recenly in NDTV profit Business leadership award ceremony Finance Minister has assured to the top class Business leaders that he would assit all therir requirement wheteher it is accessing capital, reach differnet market or the policy changes. Can the waanna be enterpresneurs can accept the same kind of assuran
