One of the most influential figures in the Indian startup funding space, Dr Apoorva Ranjan has been instrumental in developing the startup ecosystem since the early 2000s.
A pioneer in developing incubators in India, Dr Apoorva Ranjan Sharma has established over a dozen incubators and accelerators, incubation funds, and family office funds i.e. VentureNursery, Amity Innovation Incubator, Somaiya Incubator (RIDDLE), Mata Vaishno Devi University Incubator, and Indian Angel Network Incubator. He is the recipient of the prestigious Best Incubator Award given by President of India for outstanding performance of JSS Incubator.
After graduation in Engineering from HBTI, Kanpur, he went on to pursue PhD in Incubation from Amity University, and is now one of the top 10 angel investors in India, as rated by VCCircle 2016.
Under his leadership, he has curated, incubated and led seed investment of 100+ startups.
Having been associated with the Indian startup industry since its inception, Apoorva has gained vital insights and practical, in-depth understanding of the ecosystem, and mostly writes on startup ecosystems and VC investments on YourStory.
According to Apoorva, most investment decisions are taken based on the capabilities of the startup founder, rather than the startup itself. In one of his articles, he highlights that new-age VCs are committed to building a system that is more supportive of businesses run by women.
Women tend to be better bootstrappers than men. They also possess the ability to effectively manage money. This includes taking calculated risks and allocating the funding towards the potential growth areas.
“The entire process – from setting up the business to raising funding, building networks, and acquiring customers – poses a greater challenge for women but makes them more ambitious. Even historical evidence proves that female leaders tend to be successful despite facing a multitude of obstacles.”