Ajay Kumar - Another name for financial services

Ajay Kumar:  Founder and CEO, Coinshell Financial Services Private Limited

My name is Ajay Kumar. I’m the Founder and CEO of Coinshell Financial Services Private Limited, branded as COINSHELL, India’s focused platform for business commencement, management, and finance.

I’m also a Business Mentor at Atal Innovation Mission under Niti Ayog, which caters awareness over entrepreneurship. Along with that, I’m the author of the book "The Corridors of Life", read across 7 countries, which is dedicated to self-help.

 

COINSHELL and its Services

Coinshell Finserv is working on serving startups and aspiring entrepreneurs through various services, like

• Business commencement services include registration, licensing, etc.
• Managing the accounts, taxation, and providing virtual services to build robust financials for the business.
• Business Development Programme to mentor aspiring new entrepreneurs to build a market-friendly business model.
• Investment, Fundraising, and Financing for startups across PAN India with Angel Investors, Venture Capitalists, and FundHouses in the network.

 

 Things to remember as a newly minted entrepreneur

 To start a new business, a few important points that need to be taken care of are:

 

• Finding a real existing problem
• Testing the solution in the market before becoming anxious or worried about raising funds.
• Building a team.
• Understanding the unit economics of the business.

 

Coinshell works on the theme of "Formation to Funding." This means that whatever startup connects with us, we can build a strong foundation for the founders to understand their business model, financials, marketing, and expansion, and eventually raise funds from our platform at the end with expert guidance and mentorship.

 

"Earn with Us" program

Earn with Us is a franchise-based model for people who want to open a Coinshell Connect Center to take different services into an offline mode in their area and earn a minimum of up to Rs 1 lakh per month.

Organizing financial aid

We have a network of investors for sector-agnostic investment, as well as a banking tie-up for private and government projects.

 

A word for young entrepreneur

The only message I want to convey to young entrepreneurs’ is don’t step into entrepreneurship for fashion; it’s all about passion and there’s never a shortcut. You need to go through sacrifices and do a lot of hard work, so be sure of what you are building as a solution. Test it’s response in the market, then try to scale it by putting capital into it.

 

Future initiatives of CoinShell

We are going to introduce a SaaS tech product soon for startups to maintain their financials under one single window and make them pre-qualified for finance and investment needs with AI technology over data analytics fed by the startup.