Beej Network

🎉 Great News for Beej Network Investors! 🎉 Finance Minister Nirmala Sitharaman has announced the abolition of the contentious angel tax in her Budget speech on Tuesday. This is a game-changer for investors, opening new doors for easier and more profitable investments in Indian startups. What is the Angel Tax? Angel tax, officially known as Section 56(2)(viib) in the Income Tax Act, applied to unlisted companies in India. When these companies raised capital by issuing shares to investors at a price exceeding the company's fair market value, the excess amount was treated as income and taxed at a rate above 30%. This tax made investing in startups more complicated and less attractive.  Why is this Great News for Investors? 1.⁠ ⁠Simplified Investment Process: The removal of the angel tax eliminates a significant hurdle, making the investment process much smoother and more straightforward. Investors can now invest in startups without worrying about the complex and costly tax implications. 2.⁠ ⁠Higher Potential Returns: Without the burden of the angel tax, startups can now channel more funds into growth and innovation. This increased efficiency can lead to higher returns on your investments as these companies scale and succeed. 3.⁠ ⁠Increased Investment Opportunities: The abolition of the angel tax will likely attract more startups to seek funding. This means a broader range of innovative companies to choose from, giving investors more opportunities to diversify their portfolios and maximize returns. Looking Ahead The abolition of the angel tax is set to transform the Indian investment landscape. With fewer financial barriers, you can now invest more confidently in the vibrant and growing startup ecosystem. This progressive change will foster innovation and entrepreneurship, ultimately leading to higher financial returns for investors. Let's celebrate this forward-thinking decision and seize the new investment opportunities it brings! #indianstartups #budget2024 #angeltax #angelinvesting #startupinvesting #venturecapital #CapitalGains #Indianbudget2024 #budget24

Fintech Yatra 2024, starting 18th Feb : Widening the capital funnel In the last 5 years, we have invested a lot of time and effort in expanding access to capital/ investor pool. 1. Our own fund i.e. YAN Fund - We have setup a INR 90 Crs retail fund (last year) to invest in early stage fintech’s & invested in 8 startups including Tartan, Data Sutram, converj, Niro etc. (Ticket size upto USD 500K), 2. VC Partner Network - We have onboarded 30 VC Fund having USD 2 Bn (announcing 4 below) in 2024, who will explore co-investment opportunities with us. If you represent VC/FO and Fintech is in thesis, feel free to DM, 3. Base of domestic VCs - Started India Investors Group with 5, almost 2 years back. Now, we are group of 450 funds (based out of India) represents 99% of India Fintech investor community, and 4. Base of Global VCs investing in Indian Fintech’s - Last 3-4 years, did fintech roadshows in Middle East, UK & Europe, SE Asia and will be covering Japan next month( from 03rd March to 10th March). We are having 200 solid relationship base in these markets - who have interest, willingness, and capital to invest. In totality, we are having 750 VCs from India and beyond (in our network) who invests into Indian Fintech’s, across all stages. when YAN invests, we open the doors for the journey beyond Indian shores. 5. Something interesting is brewing with Shubhanga Prasad Sagrika Shah on capital pool side. Glad to announce our next 4 venture partnerships, will be investing along with Connexdoor (YAN Angel Fund) in pre-vetted fintech’s participating in Fintech Yatra 2024. 1. GrowthCap Ventures 2. Piper Serica 3. Beej Network & 4. Capital-A (Manjushree Capital Advisors) With below 30 investment partners, we will be catalysing fintech ecosystem this year. If you are building fintech & looking for unbiased feedback, market connects and venture guidance. OR If you represent Bank, NBFC, Insurance, VCs, Family Offices, and CVCs and wants to become part of Fintech Yatra (6th edition) to get access of innovation and curated deals to invest. Feel free to fill form here: yatra.connexdoor.com Stay tuned for updates on our upcoming partnerships and the exciting side events to come in all cities! #fintechyatra #fintech #fintechyatra24

We are thrilled to present two deals, both backed by top VCs and deals shortlisted on Shark Tank India. (Register Now!)⤵️ Below are the summaries and pitch decks for the startups: (Drop a comment to get the detailed version!) Mitra, belonging to the F&B sector, offers nutrition lifestyle products for contemporary living. With diligent curation of premium grains and spices, it elevates the culinary experience to new heights. A Toddler Thing, bringing the best eco-friendly and sustainable baby products that are soft, comfortable and reusable. They are the pioneers in safe diapering solutions in South India and provide complete muslin apparel for all seasons. Date- 10th February, Saturday, 2024 (Zoom) Time - 6PM IST Don't forget to register using the link below. We can't wait to have you with us! https://bit.ly/beejpitch

Do you think you've the right money-making model? Check the 3rd slide! (Pro Tip in the end of Caption) Most Businesses lack one of the three circles that is crucial for profitability, in that case, you can either work out and set systems for the same or shift to a different business model! Share this on your feed for your entrepreneurial friends to learn! If you like the value you're getting, feel free to drop a comment about what you'd like to learn about next, and don't forget to give us a Follow! 💚 This piece of content is brought to you by Nithish Kumar (VP Investments, Beej Network) 📗 Pro-Tip: Check out Business Model Canvas, This one chart is enough to understand where and how your business is built and what it's lacking. #fundingopportunity #investing #privateequity #angelinvestment #angelinvestors #businessbooks #bmc #businessmodelcanvas

Drop a comment if you know this man! Sending monday motivation for young founders and innovators! Remember: To fight fear, act. To increase fear - wait, put off postpone. Get started today! Share this with your young entrepreneurs and business minds for a push! #mondaymotivation #mondayvibes #mondayblues #businessbooks #founderjourney #founderstories #founderlife #foundersday #sethgodin

No wonder the chained stored QSRs are the talk of the town! Tell us, which is your favorite F&B brand? Ours is Chai Waale! ☕ (We might be a little biased here!) On that note, Don't miss out—follow us (Beej Network) for a firsthand journey into the world of tomorrow! Dive into the pulse of innovation across all industries on our feed! Stay ahead of the curve and explore the latest trends, breakthroughs, and game-changing strategies shaping the future. Vidur Maheswari #foodandbeverageindustry #indiafmcg #indianqsr #beverageindustry #foodandbeveragemanager #foodstartups #foodbusiness

Thrilled to share that the #FintechYatra is back on the roads again 🛣 with it's 6th edition! 🎉 As a passionate supporter, we're eager to contribute to the success of this journey driving fintech innovation to new heights. Who all can join on this incredible ride? - Fintech Founders seeking idea validation, network, and capital. - Bankers eager to collaborate with top fintechs. - Venture Investors ready to invest in the most promising fintech ideas. If you're either of the above, register here - yatra.connexdoor.com #fintechyatra #fintechyatra2024 #fintech #angelinvestors #founders #startup #startuplife #startupcommunity #startupjourney #vc #vcfunding

Hey Siri, Build an AI that can time-travel to the 2030s! 🤖 Looks like ChatGPT was just the tip of the iceberg! With that being said, what do you think the future holds? Take a wild guess and share your AI ideas! 👇 On that note, do you like such information to land on your feeds? Then make sure to follow (Beej Network) for more such content! Stay ahead of the curve and explore the latest trends, breakthroughs, and game-changing strategies shaping the future. #chatgpt #genAI #machinelearning #aistartups #aiinindustry #businessai #interactiveAI #aiautomation #aibusiness #aiadvertising #aicommunity #bitcoin

After all, Businesses are never built overnight! Sending your way some mid-week motivation so you pull up your socks and get to build your business! Share this with your team to motivate them! Get Set GO! 🚀 #jackma #aliexpress #ecommerce #ecommercegrowth #ecommercedevelopment #business2023 #growth #sharktankindia #angelinvestment #vcfunding #dailyroundup

Sending you the best of this festive occasion! Wishing you joy, prosperity, and warmth on Lohri, Makar Sankranti, and Pongal! May these festivals bring happiness and abundance to your life. #networkandconnect #lohri #kite #pongal #investor #vc #vcfunding #seedround #indianmarket #angelinvestors #angelinvestment #angels