In his remarks, Nagarajan advised entrepreneurs to have a clear path to profitability, no matter the time needed. Their business should be scalable as well, so that its unit economics are profitable. This, in turn, will enable such businesses to attract financing from funds.
Companies seeking to provide solutions — whether for the climate or community — should have a clear path to profitability, if they are looking to attract any form of financing, says Srini Nagarajan, managing director and head of Asia at British International Investment.
Nagarajan was one of the panellists speaking on democratising access to finance at Earthshot+ on Nov 8. Earthshot+ is a part of the week-long Earthshot Prize in Singapore this year. Dawn Chan, CEO of the Centre for Impact Investing and Practices (CIIP) as well as the managing director of investments at Temasek Trust Capital, was a fellow panellist. Marisa Drew, chief sustainability officer (CSO) at Standard Chartered Bank, was the moderator.
