Back

Anonymous

Should one save money before building a startup? If so, how much money is needed? Working in a corporate job. If one wants to build their own tech company, should he/she save some money before getting started. How much is needed to hire ppl and setup

See More
Anonymous

Anonymous 1

Hey I am on Medialย โ€ขย 9m

From my experience in the Indian startup ecosystem: - Save at least 6-12 months of living expenses (โ‚น3-6 lakhs for most metros) - Initial startup costs: โ‚น10-25 lakhs for a basic tech startup - Consider co-working spaces instead of leasing an office initially - Leverage platforms like Internshala for interns to reduce initial hiring costs - Use government schemes like Startup India for potential funding and tax benefits Start lean and prove your concept before seeking major funding.

0 replies1 like

More like this

Recommendations from Medial

Image Description

Sandeep Kumar

offbeat THINKERย โ€ขย 1y

How to raise funding for startup at initial stage?

2 replies4 likes
Image Description
Image Description

RAKESH GAJULA

A Coding and Tech st...ย โ€ขย 24d

Hi medios, is it possible to start a startup with initial capital of 3 lakhs

7 replies10 likes
Image Description

IncorpX

Your partner from St...ย โ€ขย 7d

๐Ÿš€ Got a Startup Idea? Turn it into Reality with Govt. Backing! Join 80,000+ entrepreneurs who are building the future with Startup India Registration. Why Register Under Startup India? โœ… 3 Years Tax Exemption: Save capital in the initial growth p

See More
0 replies4 likes

Medial User

Hey I am on Medialย โ€ขย 26d

Ek company ban ka liya 1. *Company ka type*: Private Limited, Partnership, Sole Proprietorship, etc. 2. *Industry*: Kya company kya business karegi? 3. *Location*: Company kahan registered hogi? 4. *Initial investment*: Company ko kitna initial inv

See More
0 replies4 likes
3
Image Description

Ratnesh Soni

Hey I am on Medialย โ€ขย 8m

10 lakhs funding required for me new business

2 replies1 like
1
Image Description
Image Description

Ajink

๐Ÿฅดย โ€ขย 4m

Any startup here hiring for software engineers or interns ?

3 replies4 likes
1

BALAJI SUPPORT

Hey I am on Medialย โ€ขย 2m

"I am a startup with organic products from the last 4 years. Now I want to grow my business by opening 10 in-house stores in metros and need funding for the same."

0 replies2 likes
1

Vedant SD

Finance Geek | Conte...ย โ€ขย 11m

Day 7: Securing Funding for Your Bangalore Startup Funding is the lifeblood of many startups, and Bangalore offers a vibrant ecosystem for founders seeking capital. This post explores various funding options for Bangalore-based startups, including:

See More
0 replies3 likes

Gokul

DO or DIEย โ€ขย 5m

Searching for interns and contributors located in chennai for cloud kitchen based startup

0 replies1 like
Image Description
Image Description

Dr Neelima Agrawal

Energy Healerเฅค Tarot...ย โ€ขย 3m

Hello everyone. Can anyone guide me about government funding schemes and grants applicable for OPC & MSME? Thanks

3 replies4 likes

Download the medial app to read full posts, comements and news.