2 decades of Amit Kumar's exciting journey| CA | Management Consultant| StartupCFO| VC @Ah! Ventures
About him I am a Venture Capital Investment Professional, CFO, Business Scalability Expert and a Finance Consultant focusing on Small & Medium Enterprises (SME). Currently, spearheading investments at ah! Ventures, advising companies on VC investments in the startup and SME space. Previously, Partner at A&A Business Consulting and Indian Institute of Learning and Development. I lead the Finance Consulting practice,strategic decision-making and managed operations, driving the group towards profitability. I have advised senior leaderships across MNCs and small businesses on improving operating margins and driving profitability. My expertise lies in the areas of Business Strategy, Risk Management, Audit, Systems & Processes and Fund-raising. As a founding member and CFO of a B2B Ecommerce startup, I was involved in scaling up the business from a 4-member team to 300 employees and revenues of more than USD 50 Mn in a short span of year and a half. We also raised the first round of funding of USD 22 Mn in 2015. I have been on the boards of multiple startups and mid-level companies In the capacity of a mentor, I helped entrepreneurs incubate their ideas into businesses, formulating go-to-market strategies, launching products and ensuring they work on sustainable business models. My expertise is hired by businesses that want to scale up, manage risk, reduce cost and grow more than industry benchmark.
Before we plunge into the professional life part, please tell us about your formative years, school, college and CA days
How were your consulting stints across Mahajan & Aibara and Progress Partners .
I distinctly see that you didn't go for the Statutory Audit path In terms of the major transition in your career, how did the Just Buy Live happen?
You were involved in a USD 22 Mn fund raise for the company. It was one of the highest Series A funding in 2015.
In 2019, the major pivot being a Partner in ah! Ventures - a fund raising platform | total investment ~ USD 25 MN | 35 startups | 50+ investments.
If i am aspiring for a fund raise as an entrepreneur, what should be the focus areas?
What is your selection criteria when you evaluate pitch decks - because you must be receiving so many of them daily
In post Covid19 situation, whats your advise to budding entrepreneurs