Founder: The Hub for Startups
Prajakt is an entrepreneur and entrepreneurship evangelist. Prajakt's personal goal in life is to encourage and assist a 100,000 people to become entrepreneurs.
Prajakt helps startups understand the dynamics of business, and assists them in developing meaningful plans for their business. He mentors startups on strategy, business model & monetization, fundraising and on preparing the company for growth. He encourages startups to bootstrap, and build a robust offering that has a meaningful value propostion and a strong business case.
If angel or VC funding is an appropriate strategy for the startup, Prajakt helps them sharpen their pitch, develop strong business plans and create a pitch deck that is relevant for investors. If the startup’s current concepts are not VC fundable (and all concepts need not be) Prajakt helps founders evaluate alternate funding options to create a profitable, sustainable venture.
Prajakt was previously a part of the founding team of The Hatch for Startups, where he established the brand as a leading player in the early-stage entrepreneurial eco-system in India.
Prajakt is well connected, and respected in the entrepreneurial eco-system in India. He writes extensively on Quora (http://www.quora.com/Prajakt-Raut).
Prior to The Hatch, Prajakt had co-founded Orange Cross, a healthcare services management company.
Prajakt had started a printing business when he was 17, and later was part of the founding team of a CRM solutions company, which he exited in 2004 and took a 3-year sabbatical to be the Asia Director for TiE (The Indus Entrepreneurs), a global non-profit organization focused on promoting entrepreneurship.
As the Asia Director for TiE, Prajakt was primarily focused on helping entrepreneurs in India connect with the then emerging early-stage investor community. In that role, Prajakt helped create interconnectivity between overseas investors and Indian entrepreneurs.
Between 1990 - 2000, Prajakt spent 10 years in marketing & advertising, working on clients like P&G for whom he was driving brand communication and marketing programs for key healthcare & feminine hygiene brands.
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