Series D fundraise of 60million USD: Merry-go-round or a Roller Coaster!!

As per DataLabs by Inc42 estimates, the total recorded funding in H1 2019 ($5.85 Bn) was 16.64% higher than the median half-yearly funding amount of $5.01 Bn (2014- H1-2019). However, in the context of deal count, a downward trend in the number of funding deals in H1 2019 can be observed.

Investors have become cautious and go into details like

• Is the company solving a unique problem
• Are they able to achieve scale
• What is the valuation

….and so on

To understand the above questions and more, let's interact with Ms. Shuchita Gupta (FCA) who has been an advisor and consultant CFO to various start- ups, have been involved in inception, understanding and setting up the processes to ensure governance, regulatory compliance and assist in their journey of growth and scalability

Startups like

· e-enable technologies (acquired by 3i Infotech),

· adda52 (acquired by Delta Corp),

· Indiagift

Currently, Director-Finance at Moglix Labs (India) Private Limited (Moglix) who has raised 60M $ in Series D