JOIN USTo further boost the startup ecosystem in the country, global software major Microsoft’s venture arm, Microsoft Ventures, as part of the Think Next initiative, in association with iSpirit Foundation, will organise workshops on meaningful exits for Indian software product entrepreneurs looking to sell their business ventures to other companies.
In a statement issued on Thursday, Microsoft Ventures announced that the initiatives are aimed at resolving the key issues behind the lack of meaningful exits in India’s software product industry, which is a major cause of concern among India’s product startups.
As part of the programme, Microsoft Ventures said these workshops will help Indian entrepreneurs prepare for mergers and acquisitions (M&As), focusing on due diligence, valuation and making presentations to potential acquirers. Looking at the mandates and priorities of corporate development teams in large organisations, Microsoft Ventures along with iSpirit, work closely with VCs and entrepreneurs to help facilitate exits through acquisitions.
Microsoft Ventures India Director Ravi Narayan said: “With Think Next, we look to foster talks and open serious discussions on how key players in the startup ecosystem can contribute to its growth. The lack of meaningful M&A’s has been a major deterrent to the growth of software product startups in India.”
Microsoft Ventures, in May 2014 launched , Think Next, a dedicated forum to sharpen conversations in the startup ecosystem by providing a platform for all stakeholders to network, deliberate and take measurable steps to resolve some key issues.