The Builders Club had a watercooler conversation with Tanveer Singh - Co-Founder and CEO of SOVA. Health, India's first Precision Nutrition platform to prevent and manage lifestyle diseases. He has been an entrepreneur for over 8 years and has an academic background in Business Studies and Design Thinking (Advanced Track @HPI). His primary area of focus is to enhance the quality of human lives through proactive nutrition. He co-founded an Indo-German Design Innovation firm that specializes in developing sustainable business models that are user-centric and future-ready. He has worked with Indian, German, and Swiss companies, helping them build new products and services.
Summarizing the discussion:-
For ideas that require you to explore a completely different domain, always keep in mind that it should be lucrative enough to make the required impact and; you have the best team for execution.
For fundraising, any startup, make a list of VCs based on domain expertise; approach the appropriate ones to have the right direction and investment for your startup.
Build the apt team and have a wide scope for any idea to define the righteousness of the vision of the startup.
Highs and lows are part and parcel of the startup world; don't get bogged down because of it.