The growth of an Indian startup requires effective budgeting strategies that can lead to exponential profits. Whether you’re seeking investor funding or focusing on organic growth, budgeting is a vital task that demands careful planning and allocation of available funds. In this video, Ravi Narayan, CEO of T-Hub Hyderabad, shares valuable budgeting tips for startups.
To achieve success, startups need to identify the right strategy for budgeting and revenue generation. This requires careful experimentation and evaluation of various opportunities, followed by the allocation and distribution of funds to the most promising areas. A well-planned budget helps startups maintain financial discipline and adhere to timeline-oriented workflows, which can impress investors and enhance the startup’s credibility.
Ravi Narayan draws on his experience as a mentor to various startups in Microsoft’s accelerator program, as well as his advisory work for state and national governments in Singapore and Malaysia. His insights provide a valuable resource for startups seeking reliable sources of budgeting tips.