How to Become a Entrepreneur in Residence in India
Develops new business concepts and prototypes within a venture studio or investment firm environment.
- Entry salary
- —
- Mid-career
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- Senior
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- Outlook
- stable
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About the Entrepreneur in Residence role
An Entrepreneur in Residence (EiR) in India is a seasoned professional or former founder embedded within a Venture Capital firm or a corporate house to ideate and launch new ventures. This role suits individuals with a high risk appetite and proven execution skills who want to build businesses with the backing of established institutional capital. It is a critical role in the Indian startup ecosystem for institutionalizing innovation and de-risking the early stages of company building.
What's your education level?
Years of relevant experience?
Do you have any of these key skills?
Skills required
- Product-Market Fit Validation
- Venture Capital & Fundraising Strategy
- Go-To-Market (GTM) Execution
- Financial Modeling & Unit Economics
- Strategic Networking & Stakeholder Management
- Rapid Prototyping & MVP Development
- Growth Hacking & Digital Marketing
- Talent Acquisition & Team Building
- Operational Scalability Planning
- Agile Project Management
How to enter this career
- 01
Successful exit as a former startup founder or co-founder in the Indian ecosystem.
- 02
Senior leadership experience (VP/C-suite) in a high-growth Indian unicorn or tech company.
- 03
Direct recruitment by Venture Capital firms or Corporate Venture Capital (CVC) arms.
- 04
Transitioning from a Principal or Partner role within a VC firm to lead a specific incubation.
A day in the life
- Reviewing market research data to identify potential white spaces for the venture capital firm's next incubation project.
- Mentoring early-stage portfolio founders on refining their Minimum Viable Product (MVP) and achieving product-market fit.
- Conducting deep-dive due diligence on emerging Indian D2C or Fintech startups for potential investment rounds.
- Drafting comprehensive Go-To-Market strategies and financial projections for a new internal venture being built from scratch.
- Networking with industry experts and potential co-founders to build a core team for a nascent business idea.
Salary insights
A Entrepreneur in Residence in India typically earns Varies. Compensation varies by city, employer and experience.
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