Prath Ventures

Founders, feeling lost in the metrics maze? Saptarishi Sen from Prath Ventures, a seasoned investor himself, breaks down the key metrics early-stage founders should consider before seeking investment! Get the inside scoop and unlock your funding potential. ➡️ Link for founders: d2ci.co/angels-deal-rfi Calling all savvy Investors! Join our Super Angels cohort and gain access to a pipeline of promising startups. Apply now and be a part of shaping the future! ➡️ Link for investors: d2ci.co/super-angels-apply #funding #investor #investment #superangel #d2cinsider #keymetrics #startups #applynow

We had a great Startup networking event In Bengaluru last Saturday with amazing startup founders & entrepreneur. We had a great panel discussion with our panel speakers: Manish Dsouza, Chief Investment Officer of OutNorm Ventures |  Saptarishi Sen, Vice President of Prath Ventures | Rohan Bajaj, Angel Syndicate Lead, Bajaj VC | Mehakdeep Singh Shokar, a Business Analyst at Cisco for Startups We are thankful to Dr Ajay Reddy Zane - Chairman & CEO, Elfinity Technologies , Raghu N S - Co-founder, Happy Ceremonies & Suma Sudhir - Finance manager, London Stock Exchange for Hosting the event And also to our partners for the event. Venue Partner: 2gethr Entertainment Partner: Gamezon.store #events #startups #bengaluru #networking #founders #business

If you are an early-stage consumer business founder, this episode is tailor-made for you! Discover how Piyush Goenka transitioned from an Equity Research Analyst to founding Prath Ventures, an early-stage VC fund renowned for nurturing over 20 consumer brands, many of which have successfully gone public. An alumnus of MDI, Gurgaon, Piyush began his career at First Global and later became a Partner at Tano Capital, a PE fund with a USD 200 Mn AUM. He backed success stories like Safari, which skyrocketed from a market cap of 200 Crores to over 10,000 Crores. Join us to learn about making informed investment decisions, understanding the nuances between PE and VC, identifying the right time for companies to go public, why private equity delivers exceptional returns, and crafting a rewarding career in the PE/VC industry. 🎧 Listen at: podm.in/prathventures ▶️ Watch the full episode at: https://lnkd.in/gGB3DaDg #Entrepreneurship #legacybusiness #success #teamwork

A gentleman can be judged by his shoes, or so the saying goes. Shoes were always a very functional product in India. When I was growing up, my father had one solid black leather pair (and later another pair in brown) which is what he wore to his office, shopping, holidays and wherever else life took him. Times have changed. He now owns a separate pair for walking, formals, casuals, etc. This consumer behavior shift, is of course super pronounced in GenZ but we will come to that. The last fifteen years in Indian footwear has been the shift from *unorganized to organized* players. The USP was the superior comfort-durability being provided at an affordable price. Value Players with strong manufacturing and back-end capabilities like Relaxo, Campus, have emerged as huge winners in this shift. And Metro at a more premium yet still functional end. The second shift has been towards *comfort and casual* attracting consumers buying more formal shoes earlier and also switching lanes from performance wear to more casual brands like Puma, Skechers, Crocs and in general more casual footwear from major brands. A new global trend is now in India, led by the GenZ, in which footwear is *self expression and status*. Shoe brands have always tapped into culture - be it sneaker brands like Jordans or even Crocs and Birkenstock. These brands are finding a ready audience in India. There are also Indian brands who are playing the quality, culture, comfort troika. Notable being Neeman's, Comet, Gully Labs, and retailers crepdogcrew, superkicks, vegnonveg. I shared my thoughts on the Birkenstock journey in India with The Ken (link below). Do give it a read and we would love to discuss with founders building in this space. I am on harman(at)prathventures(dot)com https://lnkd.in/d2bi9exH Prath Ventures Piyush Goenka Saptarishi Sen Harsh Kapadia Anuvrat Pandey #startups #shoes #birkenstock #venturecapital #footwear

Co-founders of Prath Ventures shed light on their investment strategy, evolving consumer brand trends and key considerations before investing in a brand. Prath Ventures | Harmanpreet Singh | Piyush Goenka | Assembly | Saptarishi Sen | Harsh Kapadia | Radiohead Brands | Mannu Mathew Click on the link below to know more.... #retailnews #retailtrends #retailsector #retailindustry #retailing #retailresults #retailupdates #businessnews #retailgrowth #retailsectornews #retailindia #retailtrends #retailbusiness #ir #IndiaRetailing

"Is there a ceiling for online growth for consumer brands, and should they look to go offline early?" An interesting question posed to me from the audience during the Venture Intelligence Conclave 2024. While we discussed this at length at the conclave, I believe this is really relevant for several digital-first consumer brands. Here are my views: In many categories, it's possible to build brands with at least INR 100 crore revenue online only, without entering offline channels. This online addressable market is expected to continue to expand with the increasing share of e-commerce in retail sales across categories and evolving consumer preferences. The recent rise of quick commerce is further postponing the necessity for offline expansion in several categories like F&B. Some brands might want to experiment with offline channels early for varying reasons. Fashion and lifestyle brands might consider experimenting with offline strategies early on to offer a superior customer experience and foster trust. Also, for offline-first categories like jewellery, brands might choose to adopt an offline strategy very early on or even start exclusively offline. However, in most categories, if a digital-first brand feels the need to go offline to address growth challenges at lower ARR of INR 10-20 crore, it could be an indicator of issues such as the core product, pricing or brand proposition. Ultimately, most brands will likely need to embrace offline channels, as offline sales continue to represent 80-90% of the total market in many categories. It's essential to recognize that offline isn't a single channel but encompasses various channels such as Modern Trade (MT), General Trade (GT), and Exclusive Brand Outlets (EBO). Brands must select the most suitable channels based on their category, price points, and consumer profile. In conclusion, it is possible to build a reasonably large business online only. In the medium to long term, it is still essential to integrate an offline strategy for long-term success, particularly in categories where consumer preferences and market dynamics favour traditional retail platforms. #venturecapital #consumerbrands #ecommerce #offlinestrategy Prath Ventures