Prateek Garg
Chief Underwriter at ASRA (ASRA CRE) and Fundraising Consultant at KARA
About
I'm Prateek Garg, a Chief Underwriter at ASRA and Fundraising Consultant at KARA. My career has taken me from working with MSME clients on debt funding to scaling a team from 3 to 80+ people in Turkey, and now I focus on building financial models for US real estate deals and helping tech founders raise capital. I'm passionate about providing true and fair analysis in underwriting, advocating for founder empathy, and exploring how AI is reshaping business. I offer hands-on expertise in financial modeling and underwriting, and I'm always looking to connect with GPs, LPs, developers, and founders who value deep technical insights and genuine collaboration.
Networking
What I can offer
- ›Hands-on financial modeling and underwriting expertise
- ›Help for GPs/developers to raise capital
- ›Help for founders with fundraising
- ›Free model templates
- ›Crowdsourcing solutions to underwriting problems
Looking for
- ›expanding my professional network
- ›exploring mutual opportunities in real estate underwriting and startup fundraising
Best fit for
Current Interests
Background
Career
Started as Article Assistant at Anand Saklecha & Co., became self-employed Management Consultant at KARA, then Management Executive at Cubedots and General Manager at CuEngine Turkey, took a brief sabbatical, and now holds concurrent roles as Fundraising Consultant at KARA and Chief Underwriter at ASRA
Education
Chartered Accountancy from The Institute of Chartered Accountants of India (2012–2015), Higher Secondary Education from Excellence School (2009–2011), Secondary Education from Kendriya Vidyalaya (2005–2009), CFA Level 2 Candidate (2014), Financial Analyst certification from Corporate Finance Institute (2018)
Achievements
- ›Helped founders raise $100M+ in the last 3 years as a Fundraising Consultant
- ›As General Manager at CuEngine Turkey, grew the team from 3 to 80+ people in 18 months with significant business growth
- ›Built over 50+ Built to Rent Models & Underwriting for real estate deals across multiple US states
- ›Helps General Partners and developers raise $20M+ by building and reviewing their financial models
Opinions
- Founders deserve empathy and respect for enduring uncertainty, stress, and high risk, regardless of their idea's ultimate success
- The future of funding for niche AI products from India will come from UHNI/Family Offices, not traditional VC, focusing on building profitable $10M+ businesses rather than chasing unicorn exits
- Advocates for providing 'true & fair pictures' to stakeholders in underwriting, criticizing overly aggressive rent growth projections designed to 'impress' rather than inform
- Suggests many individual investors (LPs) rely too much on trust and high-level summaries rather than deep technical analysis of models and waterfalls
- Personal mantra: 'I cut expectations by 75% every time. Not to be cynical, but to stay clear headed'