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Business EconomyPosted at: Feb 19 2020 6:02PM


Business Doctors announces foray into Fund Raising through new vertical 'The Funding Doctor'

Hyderabad, Feb 19 (UNI) Business Doctors, a multinational business support company based out of UK, with presence in eight countries, providing mentoring to MSME business owners, on Wednesday announced its foray into advisory on Fund Raising through a new vertical “ The Funding Doctor’.

The Funding Doctor would service clients in the critical functions of outstanding payments, recovery, funding advisory, raising debt and equity through venture capitals, private equity and listing in capital markets, Mayiri Sreenivasa Rao, a certified Business Doctor and Co-Founder, the Funding Doctor ( Hyderabad) said on the occasion here.

The major challenges MSMEs face are lack of access to Funding and Credit, unable to cope up with the rapid digitalization and Technology adoption and lack of strategic direction for growth and expansion, he said in the fast paced, dynamic and competitive environment, the SMEs are facing challengers to survive and succeed.

Helping Business owners in managing their cash flows adequately and overcome the situations of financial crunch can in a big way aid them to focus on the other equally critical day-to-day business operations, Dr Rao said the Funding Doctor will bridge this dearth of expertise in both the telugu states of Andhra Pradesh and Telangana.

The Funding Doctor would help to provide optimum solutions to business owners, he said to strengthen the finances of SMEs, we are partnering with former bankers like Mr PAR Koushik to assist this new vertical, he said.

The Funding Doctor would assist SMEs to raise funds to the tune of Rs 10 lakh to Rs 100 crore through debt or equity route from various service providers across the country, he informed.

To meet the target of Rs 1000 crore in the form of debt, equity and listing in the next financial year, the company is all set to have offices in five major cities of Telangana and Andhra Pradesh in the next six-months besides franchise in around ten Tier 2 cities, he informed.

We have assisted in outstanding recovery of more than Rs 200 crore for over 300 companies across the country in the last financial year, the Funding Doctor Co-Founder added.
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