Learn from an Indian-born entrepreneur, who raised 35 mn Euros Venture Capital in Germany (2/2)

Learn from an Indian-born entrepreneur, who raised 35 mn Euros Venture Capital in Germany

„Hessen is the natural home for startups and entrepreneurs“
Gunjan Bhardwaj – Founder and CEO Innoplexus

 The Enabler of our Interview

This recording was made possible by (Hessen Trade and Invest). Learn more about our enabler here: https://www.invest-in-hessen.com/

Together with our enabler, we are running a podcast called “Tech Startups Germany”, which will focus on startups at a Serie A stage or even more mature. You will also find all the videos we produce for this podcast on our YouTube channel www.youtube.com/startupradio. This podcast is available directly on our device as audio and video podcast, yes, Startuprad.io makes the first downloadable video podcast. Find all options to subscribe here: 

 

The Startup Founder

Our interview partner is again Gunjan Bhardwaj (https://www.linkedin.com/in/gunjan-bhardwaj-b321a32/), not the actor. He is a former EY and BCG consultant, as well as a TED speaker. He likes to work a lot, so he is also the author of the book “Inside the Cockpit: Navigating the Complexity of Drug Development with AI and Blockchain” (https://amzn.to/2QYI1eL). 

“Frankfurt … it is the center of Europe, it is so super connected.”
Gunjan Bhardwaj – Founder and CEO Innoplexus

 

Patreon

You can now support us on Patreon https://www.patreon.com/bePatron?u=35246148 if you like what you see and hear consider to support us, so we can keep bringing you great content.

 

„Everybody has to chart his or her own course. I am a deep believer in instinct.“
Gunjan Bhardwaj – Founder and CEO Innoplexus

 

Affiliate Links

Is your startup in need of a bank account in Germany? Try our partner affiliate Penta http://bit.ly/3bdHX3d

Looking to open a bank account to shift between crypto and fiat? Try our partner Bitwala with this affiliate link here http://bit.ly/2w01Zye

 

Interview Part 1

This is part two of a series of interviews with Gunjan. You find part one of our interview here:

https://www.startuprad.io/blog/meet-innoplexus-the-startup-which-fights-all-diseases/

“… but I also have to say that investors in this part of the world look at the long term picture … but once they are convinced, they are partners for the long term”
Gunjan Bhardwaj – Founder and CEO Innoplexus

 

One Day Commute to New York

One of the things Gunjan likes about Frankfurt is its great connectivity. With the connections of Frankfurt Airport (IATA Code FRA, therefore know as Fraport) you can get on a plane, meet in New York in the afternoon and be back in Frankfurt early the next morning https://en.wikipedia.org/wiki/Fraport

 

Germany is one of the best places to start a company.
Gunjan Bhardwaj – Founder and CEO Innoplexus

 

Advice in Fundraising

Innoplexus counts among its investors HCS (https://www.crunchbase.com/organization/hcs-beteiligungsgesellschaft), as well as Christian Angermayer of Aperion (https://www.crunchbase.com/person/christian-angermayer), as well as EOS VC (https://vc.eos.io/partners/finlab/), the venture capital arm of Block.one.  According to a report by FAZ they have already raised 35 mn Euros and are looking for 40 million more (https://www.faz.net/aktuell/wirtschaft/unternehmen/start-up-innoplexus-ein-google-der-pharmabranche-16473990.html).

 

„No funding event is easy, but what is easy in life?“
Gunjan Bhardwaj – Founder and CEO Innoplexus

 

Gunjan strongly recommends doing your due diligence, he likes to quote one of his teachers who said that assuming means „making an ass of you and me” 😊. He recommends you agree with your investor on a vision for the future of the company. The personal chemistry between an investor and a founder is especially important as well. It is especially important to have a heart to heart conversations with your investors because there will always be difficult times. A founder requires a very honest conversation in difficult times and a common vision and good personal chemistry help.

 

„You should be very factual; you should question everything.“
Gunjan Bhardwaj – Founder and CEO Innoplexus

 

The Video Interview is set to go live on May 21st  19.00 CET (1 PM Eastern, 18.00 London)

https://youtu.be/gE7hjWy-7pU

May 21st is in 2020 also a public holiday in Germany – Ascension Day. This is also the day, where in Germany Father’s Day is celebrated. So happy Fathersday to all Fathers out there!

Note on German customs: Ascension day is calculated according to the moon calendar and therefore not on a fixed date, but rather a Thursday in May.

 

There is a very serious startup culture here in Frankfurt
Gunjan Bhardwaj – Founder and CEO Innoplexus

 

Further Readings / Resources

 

Feedback

 

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