Abhinandan Ventures – Associate – Sourcing

ABOUT TOMORROW CAPITAL:

Tomorrow Capital, a $100 Mn operating fund, exists to help stellar early-stage entrepreneurs with strong and differentiated business models to build transformative and sustainable businesses around consumption themes of the future.

We aim to be the go-to fund for entrepreneurs who want assurance of success for their businesses, by helping them with long-term patient capital, hands-on operational support and the ability to think and operate at scale.

The above philosophy creates fundamentally strong businesses with a very high probability of success and returns on exit, and it is also what makes this one of the sharpest learning environments in the Indian venture capital ecosystem.

To understand how we add value to our portfolio companies, visit us tomorrowcapital.in/companies.

THE ROLE:

You will have an opportunity to represent one of India’s most differentiated consumer investment funds, and source interesting and relevant opportunities to build exciting businesses. You will identify and build relationships with these businesses, and help the investing team at Tomorrow Capital understand, shortlist, and invest in them. Your role will include:

– Proprietary deal flow – Manage multiple channels for sourcing investment opportunities for Tomorrow Capital by using a combination of networking with relevant communities (Early-Stage Investors / Angels / I-bankers / Influencers, etc.) and utilizing databases.

– Industry Mapping – Deep-dive into select consumer industries and map them with key information on an ongoing basis. Developing relationships with key stakeholders in these industries and keep track of market signals on deal movements.

– Business Understanding – Experience in understanding the fundamental business model, unit economics, founder background, competition understanding will be key to evaluation of the prospective investee companies.

– Identify Opportunities and Deal Evaluation – Source relevant investment opportunities for Tomorrow Capital and undertake a detailed deal evaluation to assess viability from an investment perspective.

– Investment Collaterals – Preparing investment memorandums, reviewing business models and other deal collaterals for Investment Committee.

– Social Media – Manage and regularly update Tomorrow Capital’s LinkedIn feed with interesting and appropriate content.

– Events – Discover relevant events and represent Tomorrow Capital across forums – both formal and informal. Active participation in the start-up community, develop a robust ecosystem of peer VCs, start-up CEOs, bankers, etc.

– Networking – Creating awareness of Tomorrow Capital amongst Founders, VCs and start-up ecosystem members and establish us as one of the most favoured VCs among relevant startups communities.

– Portfolio Ops – 1 – 2 impact projects per quarter coupled with managerial oversight for select portfolio companies.

WHO WE ARE LOOKING FOR:

– Graduate/MBA with relevant work experience of at least 2 years.

– Experience in working at a Venture Capital firm (preferred) and ability to manage strong networks in VCs and part of the sourcing set-up for new investment opportunities.

SKILLS:

– Entrepreneurial mindset with high ownership and problem-solving skills.

– Strong analytical and financial acumen, networking and communication skills.

– Good understanding of business concepts and ability to understand and drive investment thesis.

– Commercial insight and understanding of business metrics and structure to build a preliminary understanding of any business.

– Penchant for ambiguity and demonstrate creativity and intellectual flexibility in an uncertain and rapidly changing environment.