Shark Tank India brought investing in startups to the mainstream conversation in India. If you ever wondered how a platform can help in startup investing, look no further!! In our next episode in the WealthTech series we speak with Karan Mehra, CEO and founder of Tyke, a firm that is looking to disrupt private investing in India :
- Challenges faced by domestic & international investors
- How Tyke is solving for the challenges
- Customer profile of Tyke’s customers
- Traction and growth seen by Tyke
- The road ahead for Tyke
Do listen to this episode to understand how Tyke is aiming to be the Stripe for private investing in India
Timeline
00:00 Start
00:45 Introduction
01:48 Karan’s Introduction
06:24 Challenges in the growth of startup investing
07:55 Challenges faced by international investors
10:26 Understanding how Tyke works
18:08 How Tyke provides liquidity
19:29 Tax implications
22:42 Traction and growth seen by Tyke
24:12 Customer profile of Tyke’s customers
25:38 The road ahead
39:16 Getting in touch with Tyke
Terms & Acronyms
SAFE – A simple agreement for future equity (SAFE) is an agreement between an investor and a company that provides rights to the investor for future equity in the company similar to a warrant, except without determining a specific price per share at the time of the initial investment. The SAFE investor receives the future shares when a priced round of investment or liquidity event occurs. SAFEs are intended to provide a simpler mechanism for startups to seek initial funding than convertible notes. 1
CCDS – Compulsory Convertible Debentures
CCPS – Compulsory Convertible Preference Shares
Additional Information
Notes
- Wikipedia contributors. (2021, October 11). Simple agreement for future equity