Technology is the key differentiator and problem solver, playing a pivotal role in transforming and growing businesses. It is the prominent disruptive force across industries. Therefore tech-based startups have emerged as the most sought-after investment opportunity in the recent past.
Success stories of technology startups such as Google, Alibaba, Facebook, Flipkart, and Amazon have left an indelible mark on the global economy. Tech-based businesses in general, have recorded exponential growth over the past five years. The overall picture for tech startups appears encouraging. With only a third of the Indian population using the Internet, the scope for growth is immense. India is the second-largest online market after China with over 460 million internet users and estimates show that by 2021, there will be about 636 million internet users in India.
In sync with tremendous opportunity in tech startups, VCCircle presents a hands-on workshop on valuation and fund raising for tech startups where delegates will receive comprehensive knowledge about new valuation methods and approaches, fundraising processes & strategies, key legal aspects as well as governance and regulatory matters surrounding tech startups.
Why You Should Attend?
The objective of this workshop is to provide methods and approaches for the valuation of tech startups. By the end of it, participants should be able to:
Who Should Attend?
Topics covered:
Startup valuation - Key performance indicators
Presenter: Tejas Marfatia, Director, Valuations, Deloitte
Topics Covered:
Presenter: Umakanta Panigrahi, Managing Director, Duff & Phelps
Topics Covered:
Presenter: Umakanta Panigrahi, Managing Director, Duff & Phelps
Topics Covered:
Presenter: Aditi Manchanda, Partner from the Corporate / M&A and Private Equity, Cyril Amarchand Mangaldas
Topics Covered:
Presenter: Rajesh Sehgal, Founder & Managing Partner, Equanimity Investments
Rajesh is the Founder and Managing Partner of Equanimity Investments. He has been a prolific angel investor for over a decade and has developed a deep understanding of the Indian entrepreneurial and innovation ecosystem.
He is an active member of Mumbai Angels and is also the Founding and current Chair of the Corporate Reporting Users’ Forum. He is a TiE Mumbai Board Member and Co-Chairs TiE’s FinTech Special Interest Group. He is a member of the Steering Committeeof NASSCOM 10,000 Startups.Rajesh has been an active secondary market investor for the last 24 years, 17 years of which, he worked with the emerging markets group of Franklin Templeton. He was also managing Templeton’s emerging markets private equity investments over these 17 years.
A Wharton alumnus, Rajesh has earlier obtained a management degree from XLRI specialising in Finance and Marketing. He is a CFA charter holder and has also earned a post graduate diploma in securities law from Mumbai.
Umakanta is a managing director in the Valuation Advisory Services group in Duff & Phelps based in Mumbai. In his current capacity, he is responsible for the overall financial valuation practice in Mumbai.
Umakanta joined Duff & Phelps in 2015 through the firm’s acquisition of American Appraisal. He has over 15 years of experience in financial advisory services including valuation, equity research, credit research and other advisory services. Umakanta has managed a range of valuation and consulting services including business valuation, portfolio valuation, intellectual property valuation, purchase price allocation and impairment assessment, financial instrument valuations and other IFRS and USGAAP related engagements.
He has also advised several clients on swap ratio determination, corporate finance, business plan development and review, exit strategies and dispute consulting.
Umakanta has managed and executed a range of financial advisory engagements for energy, utilities, infrastructure, private equity, insurance and financial services healthcare, telecom, media and entertainment, retail and IT and ITES industries for mergers & acquisitions, accounting and tax reporting, transfer pricing, litigation and strategic purposes.
His specialization includes valuation of complex financial instrument (such as complex convertible instruments, earn-out and contingent payments, cross-currency interest rate swaps, options and other hedging instruments). He has also advised several companies on distress debt transaction, earn-out structuring and ESOP structuring.
Prior to joining American Appraisal, Umakanta has worked with the Financial Advisory Services practice of Deloitte and Investment Research & Valuation team of Evalueserve.
Umakanta holds a Master of Business Administration degree and a Bachelor’s degree in Business Administration.
Aditi Manchanda is a Partner in the Mumbai Office of Cyril Amarchand Mangaldas and has cumulative professional experience of over 10 years. Prior to joining Cyril Amarchand Mangaldas in 2015, Aditi was part of PE and M&A practice at J. Sagar Associates, Mumbai. Aditi also seconded with India offices of Kohlberg Kravis Roberts & Co. (KKR), where she was the in-house legal for KKR India entities.
As a member of the general corporate practice group at Cyril Amarchand Mangaldas, her work involves general corporate advisory and transactional matters, which mostly include PE and M&A transactions. As part of some of her recent M&A and PE transaction experience, she has been actively involved in regulatory processes and compliance advisory work specifically with industry regulators such as SEBI, RBI, and FIPB/Department of Economic Affairs.
She has represented some large corporate houses, promoters, private equity funds, banks, and financial institutions in cross border M&A transactions and foreign private equity investments.
Illustratively, to name a few key transactions (announced in public domain) that she has worked on, they include:
She has worked on private equity investments and M&A transactions across sectors like financial services, ITES and e-commerce, consumer, retail, pharmaceuticals, manufacturing, real estate and infrastructure.
Tejas has been with Deloitte in India for around 16 years working across Assurance and Financial Advisory practices.
In his association with the valuations services of Deloitte in India, Tejas has successfully assisted and lead in various engagements spanning valuation of shares, businesses, intangibles portfolio valuations, for a host of purposes including fund raises, mergers and acquisitions, restructuring and regulatory purposes and across a variety of sectors spanning manufacturing, energy and resources, infrastructure, hospitality, retail, financial services and TMT.
Tejas has served a broad repertoire of listed / unlisted clients / Indian and International business groups.
VCC Events opens up the avenues for participation. Join hands to be a part of India’s largest gathering of alternative investments leaders, industry stakeholders and Asia’s influential limited partners, general partners and marquee advisors. Your chance to actively participate and augment yourself as thought leaders.
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