With about INR ~3-5Cr (30-50Mn) in hand, what business can I start in India?

Instead of starting a business, it would be better if you invest in a startup and become a mentor for them. With your skill-set spanning across Sales & Marketing as well as Financial Planning, you could be an asset to a company that intends to go live in near future. True, that a sum of 3-4 crores might not make you the heroes of Funding Community but invest in a good potential company, and you could do real good. Finding a good company to invest in itself is a big challenge in Indian startup community. I am suggesting this option as Building your own Business takes time and lots of fieldwork. Investing in a company could leave the Operations to the Company founders and you can make Strategic Decisions that really alter the path of the company. P.S. - If you want to start from scratch, nothing else will satisfy you like a new business. So, if you have that fire burning, go bonkers; come up with a sector and a business plan. Make sure your differentiating points are clear to you and sustainable, for a long term growth in the business. I would also recommend you to read Michael Porter's - "What is Strategy ?" http://hbr.org/product/what-is-strategy/an/96608-PDF-ENG)  to detail and supplement your actual Business Plan. As for the actual businesses that you could kick-start, kindly give some more detail about your past experience. If you are past a point, say age 40 in your career, it would be a recommendation to start in your previous area of work. If you are <30 years, it would make absolute sense to start a business in area that is distinct from your earlier line of business, but has great potential to capture the minds and heart of customer. As always, "Delight your Customer" should be your mantra ! In that case, please share your previous experience, age, interests and risk taking abilities. I am sure, fellow Quorans could suggest you something worthwhile. My $0.02 cents.

You are right on............Just what we are looking for :P On a more serious note, there are lots of brilliant startups looking for investors. It would be ideal, if you could bring your experiences and mentorship to the table than just money

Don't invest everything into your business now. You shouldn't have sold all your assets and made into cash. Assets especially property appreciates in value while cash depreciates. So, first ensure that your cash is safe. Cash will disappear in no time. Before starting a business, validate it first. Allocate a small percentage of your equity for the expenses you are going to incur in the validation phase. Maybe not more than 1 or 2%. Start small. Validate. Fail. Start another thing small. Validate. Fail. Fail Safe and Fail Fast. Start another thing small till you succeed, expand, reinvest - grow with the money you earned in your business, however small it may be .....you have set yourself a good time period - you can expand in your chosen area to become big ..... Never burn your cash before it starts earning ....otherwise you will be broke in no time ..

It will depend on your skills and abilities and also location. I would advise you to go for something which suits your skills and temperament. No fun in starting a business which does not suit you. Businesses are built by passion and not by participating in a rat race. 3-4 Crores is a Cool sum and n number of businesses can be started with it and made profitable provided you are willing to take charge. You need to do your SWOT Analysis before going ahead with this. Remember that most important about having your own business is to do something fun. Good Luck.

You could explore reputed franchise business opportunities which match your resources and goals. Visit http://franchisebazar.com and register yourself after which speak to the entrepreneur servicing team on +91 9844443200 and you could well be on starting your entrepreneurial journey.

Healthcare could be a good option. India has huge appetite for investment in healthcare moreover there are no lean period in healthcare. Assuming you have no experience in healthcare, preventive care can be a starting point.

Start Something in food processing , its a huge sector [indian food service industry is currently worth Rs 2,47,680 crore (US$ 41.39 billion) and is expected to grow at the rate of 11 per cent to touch Rs 4,08,040 crore (US$ 68.16 billion) by 2018, according to 'India Food Service Report 2013' by the National Restaurant Association of India (NRAI).] This is a Huge ever green sector with lot of potential

I have a food industry business plan.Manufacturing Jelly and Pudding ( sugar confectionery ) I have vast experience in manufacturing Jelly and Pudding from raw material procurement to finished goods shipment. If you are interested,pl.contact me @91 8681053513 to discuss further.