Simply Money

T he age old addage health is wealth has stood the test of time. We as Indians are in such a hurry to make money that we ignore the most important asset- Health. Many of you would admit that you and your loved ones have always planned together to buy Gold, Jewellery and House but have never once spared a minute to discuss health insurance. Many of us think that the health insurance coverage provided by our employers is enough to secure us. Some of you do buy health insurance but tend to buy the cheapest one without reading or understanding the terms and conditions covered under such policies. Lets understand the Why behind buying a Health Insurance? Did you know that health and wellness sector which includes Hospitals, Clinic, Wellness centres and Rehabilitation centres has the highest inflation amongst any other sector of the economy. Its prices on an average grow by 42% Y.o.Y. This in lay man terms means that the treatment that you could afford last year became atleast 30% more e...

Most startups today are launched with only one objective in mind “Getting Funding”. Let it be seed capital or venture funding, Series A or direct equity, it’s a rat race to get funding with no horizon to give returns to investors. Many finance professionals are perplexed with businesses shifting focus from product sales to getting funding. Raising own funds and infusing own equity has taken the back seat. Making news by getting funds from an established house has become the dream of every startup. Becoming a “Unicorn” is a dream come true for any startup. Valuation of businesses is being done ignoring basic accounting guidelines and all this is leading to a practice of funding based on expectations and presentations. If you are a owner of a startup and are looking to join the bandwagon, then, there are a few dos and don’t’s to trump the funding scenario. These steps in initial days of conceptualizing your idea will take care of getting the best valuation for your idea. The first...