Info Edge India Ltd, the owners of Naukri.com, is having its board meeting today to consider raising funds. In an announcement to the stock exchanges, the company said that the meting is held to “discuss raising of capital through various available mechanisms in India and overseas”. It’s not clear what they will use the capital for. Interestingly, Naukri had raised Rs 174 crore last year via an IPO, and good chunk of it is invested for treasury operations. The company had set apart of Rs 30 crore for M&As and investments. The company is backed by Sherpalo and Kleiner Perkins, Caufield & Byers. ICICI Venture had exited Naukri completely through secondary market transactions to Fidelity Fund and others.
Naukri has also informed the stock exchanges that it had invested $500K in an Indian education portal StudyPlaces.com Inc, USA. The investment is done by a Mauritius based subsidiary of Info Edge. The company’s total commitment in StudyPlaces is said to be $1 million
Saturday, December 22, 2007
Thursday, December 13, 2007
Why Prepare a Business Plan?
Your business plan is going to be useful in a number of ways. Here are some of the reasons not to skip this valuable tool.
First and foremost, it will define and focus your objective using appropriate information and analysis.
You can use it as a selling tool in dealing with important relationships including your lenders, investors and banks.
You can use the plan to solicit opinions and advice from people, including those in your intended field of business, who will freely give you invaluable advice. Too often, entrepreneurs forge ahead ("My Way!") without the benefit of input from experts who could save them a great deal of wear and tear. "My Way" is a great song, but in practice can result in unnecessary hardships.
Your business plan can uncover omissions and/or weaknesses in your planning process.
What to Avoid in Your Business Plan Place some reasonable limits on long-term, future projections. (Long-term means over one year.) Better to stick with short-term objectives and modify the plan as your business progresses. Too often, long-range planning becomes meaningless because the reality of your business can be different from your initial concept.
Avoid optimism. In fact, to offset optimism, be extremely conservative in predicting capital requirements, timelines, sales and profits. Few business plans correctly anticipate how much money and time will be required.
Do not ignore spelling out what your strategies will be in the event of business adversities.
Use simple language in explaining the issues. Make it easy to read and understand.
Don't depend entirely on the uniqueness of your business or even a patented invention. Success comes to those who start businesses with great economics and not necessarily great inventions.
First and foremost, it will define and focus your objective using appropriate information and analysis.
You can use it as a selling tool in dealing with important relationships including your lenders, investors and banks.
You can use the plan to solicit opinions and advice from people, including those in your intended field of business, who will freely give you invaluable advice. Too often, entrepreneurs forge ahead ("My Way!") without the benefit of input from experts who could save them a great deal of wear and tear. "My Way" is a great song, but in practice can result in unnecessary hardships.
Your business plan can uncover omissions and/or weaknesses in your planning process.
What to Avoid in Your Business Plan Place some reasonable limits on long-term, future projections. (Long-term means over one year.) Better to stick with short-term objectives and modify the plan as your business progresses. Too often, long-range planning becomes meaningless because the reality of your business can be different from your initial concept.
Avoid optimism. In fact, to offset optimism, be extremely conservative in predicting capital requirements, timelines, sales and profits. Few business plans correctly anticipate how much money and time will be required.
Do not ignore spelling out what your strategies will be in the event of business adversities.
Use simple language in explaining the issues. Make it easy to read and understand.
Don't depend entirely on the uniqueness of your business or even a patented invention. Success comes to those who start businesses with great economics and not necessarily great inventions.
What is a Business Plan?
The primary value of your business plan will be to create a written outline that evaluates all aspects of the economic viability of your business venture including a description and analysis of your business prospects.
Since this course is broken down into twelve of the most important aspects to consider in starting a business, your business plan can follow this same format. Included in this session and in each of the following sessions there is a sample business plan outline covering each subject. When you put these all together, you will have a starting model for your overall plan.
A business plan is an essential step for any prudent entrepreneur to take, regardless of the size of the business. This step is too often skipped, but we make it easy for you by providing a format to build your plan as you progress through this course.
Business plans can vary enormously. Libraries and bookstores have books devoted to business plan formats. But this course is a place to start. You can then go on from here to design one that would be ideal for your particular enterprise
Since this course is broken down into twelve of the most important aspects to consider in starting a business, your business plan can follow this same format. Included in this session and in each of the following sessions there is a sample business plan outline covering each subject. When you put these all together, you will have a starting model for your overall plan.
A business plan is an essential step for any prudent entrepreneur to take, regardless of the size of the business. This step is too often skipped, but we make it easy for you by providing a format to build your plan as you progress through this course.
Business plans can vary enormously. Libraries and bookstores have books devoted to business plan formats. But this course is a place to start. You can then go on from here to design one that would be ideal for your particular enterprise
InLogistics Gets Funding From Sage Capital; The Fund Plans JV, Focus On SMEs
Mumbai-based private equity firm Sage Capital Advisors (SCA) has picked up an 8 per cent stake in Innovative B2B Logistics Solutions, a Delhi-based private cargo train operating company. It is learnt that the deal is worth about Rs 25 crore. In its one year of operation, Inlogistics has posted a turnover of almost Rs 75 crore.
Inlogistics is one of the 14 private players who were granted the licences to operate container trains by the Indian Railways. It operates seven trains services between East India - North India, South India - East India, North India to South India and North India to West India, according to the company website.
The company has also formed a strategic alliance with Central Warehousing Corporation (CWC) for container train operations. The company’s management include Omi Bhagadiya, Vira Chand Bothra and Sankalp Shukla.
The others in the private container train service business include Rajeev Chandrasekhar’s Hindustan Transportation Infrastructure Ltd in association with NOL of Singapore, Boxtrans Logistics, Central Warehousing Corporation (CWC), Pipavav Rail Corporation Ltd (PRCL) and Hind Terminals, among others.
Sage Plans JV, Own Fund
Meanwhile, a Reuters report says that Sage Capital Advisors plans to form a joint venture with a financial services group to launch a private equity fund or launch its own fund. The firm’s Managing Director Manish Kanchan told Reuters that the JV can raise up to a billion dollars. They plan to reveal the name of the JV partner in a month’s time.
He also said the firm is talking with potential investors to launch a private equity fund of around $200-250 million if the joint venture deal falls through.
As of now, the firm’s proprietary fund (with two investors) has invested Rs 55 crore in four unlisted firms engaged in logistics (InLogistics), infrastructure, real estate and jewellery. Kanchan said that “all the firms will get listed in 2008″.
The firm plans to focus on small and medium enterprises (SMEs) in manufacturing, exports, base metals, logistics and infrastructure in the Tier-I and II cities.
Inlogistics is one of the 14 private players who were granted the licences to operate container trains by the Indian Railways. It operates seven trains services between East India - North India, South India - East India, North India to South India and North India to West India, according to the company website.
The company has also formed a strategic alliance with Central Warehousing Corporation (CWC) for container train operations. The company’s management include Omi Bhagadiya, Vira Chand Bothra and Sankalp Shukla.
The others in the private container train service business include Rajeev Chandrasekhar’s Hindustan Transportation Infrastructure Ltd in association with NOL of Singapore, Boxtrans Logistics, Central Warehousing Corporation (CWC), Pipavav Rail Corporation Ltd (PRCL) and Hind Terminals, among others.
Sage Plans JV, Own Fund
Meanwhile, a Reuters report says that Sage Capital Advisors plans to form a joint venture with a financial services group to launch a private equity fund or launch its own fund. The firm’s Managing Director Manish Kanchan told Reuters that the JV can raise up to a billion dollars. They plan to reveal the name of the JV partner in a month’s time.
He also said the firm is talking with potential investors to launch a private equity fund of around $200-250 million if the joint venture deal falls through.
As of now, the firm’s proprietary fund (with two investors) has invested Rs 55 crore in four unlisted firms engaged in logistics (InLogistics), infrastructure, real estate and jewellery. Kanchan said that “all the firms will get listed in 2008″.
The firm plans to focus on small and medium enterprises (SMEs) in manufacturing, exports, base metals, logistics and infrastructure in the Tier-I and II cities.
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