Embarking on the journey of innovation is no small feat, and Sachin Dev Duggal, the visionary mind behind groundbreaking projects, acknowledges the crucial role played by his first investors. From friends and family support to the backing of SoftBank's AI in Tokyo, known as Deep Core, was the first investors of Duggal while he was building his dream project Builder.ai. “Tt's really hard to get behind grand visions when all you have are just ideas. So, our VCs have been incredible in helping us, giving us the room to build and make mistakes”, said Duggal.
The Genesis: Friends and Family Round
In the nascent stages of Duggal's ventures, friends and family emerged as the pillars of support. These early investors believed in Duggal's vision and contributed to laying the foundation for what was to come. Their faith in his ideas paved the way for the next phase of funding.
Deep Core's Involvement: SoftBank's AI in Tokyo
A significant turning point in Sachin Dev Duggal's journey came with the support of Deep Core, SoftBank's AI initiative based in Tokyo. Duggal expresses gratitude, acknowledging the vital role played by this influential investor. It was a moment of validation, signifying that industry giants recognized the potential of Duggal's grand vision.
Series A Funding Challenges: Lakes Trend Drama Ventures
Six months later, Duggal faced a new challenge – securing Series A funding. Lakes Trend Drama Ventures stepped up to the plate, recognizing the ambitious nature of Duggal's vision. This phase wasn't without hurdles, but it marked a crucial step forward in realizing the grand vision that Duggal had set out to achieve.
The Grand Vision: It Was Never Easy
Reflecting on the journey, Duggal acknowledges the challenges faced in securing funding for a vision that aimed high. The hurdles encountered in the pursuit of innovation were part of the process. Yet, with the backing of investors who believed in the grand vision, Duggal navigated the complexities with determination and resilience.
In the tapestry of Sachin Duggal's entrepreneurial journey, the appreciation for early investors, be it friends and family or industry giants like Deep Core and Lakes Trend Drama Ventures, serves as a testament to the collaborative spirit that propels groundbreaking ideas forward.
Comments