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Tips for NRI Investors to Invest in Indian Startups

Tips for NRI Investors to Invest in Indian Startups

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Indian is where global corporate communities want to invest. It’s the most preferred destination for them. The reason for this happening is growth prospect in this economy, which attracts foreign investors in this country.

For having incredible growth prospects, many non-residents of India (NRI) are showing their interest in investing their money here. If you, also, are an NRI and are willing to invest in Indian startups, this blog can help you a lot.

How can NRIs invest in Indian startups?

  • Become an Angel Investor

He can be any informal investor, angel funder, private investor, or seed investor. The main role of these professionals is to provide capital for a business, which includes startups. In return, he receives convertible debt or ownership equity. Being so, your way to investing here would be by far the easiest one.

Many startups storm into a business with a little capital. Since it’s an initial stage, they prefer to raise capital from the market. Here, you have an opportunity. You can become an angel investor for one of them. For this purpose, you should be a member of an angel investment platform. Fortunately, online membership is available. So, you can start from here.

As you join, there would be a listing of startups. You can explore it and finalise the one that you feel is the best fit option for investment. Typically, these platforms have the funds of many angel investors, which is pools and then, invest in them. But, this is not the only option. There may be another alternative, which is called Alternative Investment Funds (AIFs). These are special funds pooled separately here.

As an answer to how can NRIs invest in Indian startups, you have two different preferences to pool your money here as an angel investor, which are already discussed above. Just search out and discover pros and cons of this investment.

  • AIFs is a Better Investment Option

When you’re likely to invest in any AIFs, search if the AIF is registered with the Securities and Exchange Board of India (SEBI). It is the highest authority that governs trading entities here. Its enrollment protects your funds if something is unethical or wrong. If your funds are not put into a registered entity, there would be a higher risk to your hard-earned investment money.

Easy Tips for NRIs to Remember While Investing in Indian Company

Let’s access to some vital points that can help you to invest here carefully.

  • Ceiling Limit is There

Ceiling limit refers to the maximum principal amount of the Secured Credit. Customers choose this authority and later, the bank accepts him if no such election happens in accordance with the bank.

It should be noted that equity investment in Indian startups has a ceiling limit. The Reserve Bank of India has set it to avoid exceeding it. However, it is as per the type of the company. It can be between 10% and 24% of the total paid-up capital of the company. So, NRIs should consider this limit.

If an individual NRI is investing, this ceiling limit is a 5% of the total paid-up capital of the company. Therefore, always ensure that your investment limit goes well with the limited set by the RBI in order to avoid breaching of any provision set by this apex bank.

  • Take repatriation into account

NRIs have two different investment account options here. These are the equity of the company through a Non-Resident Ordinary (NRO) account. You may also use a Non-Resident External (NRE) account.

Take into account that the NRO account is a non-repatriable account. It means that you cannot transfer the funds from that account to your country of residence. On the other hand, the NRE account holders can freely transfer any amount.

So, it’s an excellent idea to prefer an NRE account if you want to transfer sale proceeds or dividend income to your country of residence.

It is advised to look into risk factors accordingly. Indian companies are, undoubtedly, the best NRI investment options that you have is this. If you invest upon a deep research, your investment would be profitable, and you would certainly get an overwhelming rate of return.

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How Can You Get Scholarship Abroad?

How Can You Get Scholarship Abroad?

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There are many students who dream to study abroad. They see hundreds of growth and career opportunities there, which inspire them to take a flight to a different country. However, a few are fond of learning about different cultures. So, they spend thousands of dollars to explore their favourite country.

 

There is another way, which is inexpensive. A scholarship can help you to win an opportunity without spending too much of money. However, not all students achieve this possibility because the seats are limited. Here, we’ll discuss the ways to study abroad with the least of efforts and money.

Tips to Win a Scholarship for Studying Abroad

It’s no magic. You can have a scholarship using these tips or strategies.

  • Seek Assistance

Dreaming differs from reality. If you want to study abroad for real, seek assistance. For this purpose, there are some institutes, education consultancy, or university officials that can guide you. It’s always good to have discussion with the financial aid officials and then, have words with your academic advisors. Don’t forget to communicate with a non-resident or someone who has been out of the country on a scholarship. His/ her piece of advice can be really helpful.

A lecturer or professor can also assist you in discovering or grabbing such opportunities. Get their suggestions and identify what challenges can hamper winning a scholarship. Once discovered, you can easily prepare yourself to beat them up.

  • Research/ Get Deep Into

This is self-made effort. You should search for opportunities online or through different resources. There are some directories like NAFSA that can help you know about financial aid and different types of courses or academic opportunities abroad. In addition, you may apply for some fellowships that various universities or government institutions offer.

But before it, it’s always good to dig a little deeper about the requirements of various scholarships. Once identified, you can find the best fit option as per your qualification.

  • Spend Time on Your Application

This is a crucial step. You need to work hard for standing apart from the crowd. Although the competition is tough, your application should stand out. To ensure it, you should look for scholarship providers. Create a list of them. Then, procure all documents that are necessary for immigration or education visa.

A personal statement is necessary to enclose with every application. Utilize this option to the fullest for putting a big impression on your funders. After all, one of them is likely to finance you for education. Show your eligibility and passion in writing. It may be a time-taking process because you need to express them intensely. Once written, recheck once or twice. Proofread and explain in an impressive manner.

  • Apply for Numerous Scholarships

Once you’ve dug the details, list down all the studentships that you qualify for. Prepare to pass through successfully as many as you want. Maximum attempts will help you improve your skills, which increase the chance of being accepted. Before doing it, spend some time on listening to such students who have similar qualification or may be a little more before applying.

  • Apply Early

Early birds catch the worms. It’s always a good idea to apply early, even if the deadline falls after a month. Late application won’t do any good. Rather, it is a big mistake. The best thing is that early applicants won’t have many competitors. As the deadline approaches, there would be a number of competitors to compare with. An early application won’t let you compete with a number of competitors. This is how you can maximise your chances of being selected.

  • Find Some Strong References

This education world also requires personal references for a scholarship. This referrer can be the one who you have worked with. The best alternative is a professor who has a bond with you and can recommend you as the most appropriate or eligible candidate for a scholarship.

If you’re working, approach the head of your department. With due respect, request him/her to recommend you. There may be some fellowships that accept the requisite references. They clearly mention the authority to get a reference.

  • Opt In for Small Scholarships

There may be some small opportunities, which involve a large sum of. Try not to avoid them because the majority of students focus on big scholarships. So, you won’t face many challenges or competition.

The application fundamentals will be similar. Explain your interest, passion, and eligibility even if you are going for repurposing your application.

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