Network to Succeed

Network to Succeed.

High Potential Start ups Looking to raise First Seed Investment @ TiEcon Delhi 2014

September18

“TiE the Knot” at TiEcon Delhi 2014, will provide high potential companies an exclusive platform (tech & non-tech) who have demonstrable products/offerings to raise their first seed investment. Five high potential companies will be shortlisted and will pitch to a select group of individual investors who will be looking to make on-spot invest commitments in a high impact televised format.

Why Apply:
•Opportunity to pitch to a highly renowned & hand-picked group of individual investors
•Opportunity to receive investment commitments on the spot
•Service providers & experts to facilitate deal closure & documentation
•Extensive mentoring/prep for the final pitches

Application Criteria:
•Registered Indian entity in operations for at least 3 months
•Preference for early revenues and if pre-revenue should have developed a demonstrable fully functional product or prototype which can be demoed.
•Looking to raise up to maximum of INR 50 lakhs (equity)
•Preference for start-ups who already have a pre-existing investor lead or are sponsored by an Angel network.

Format:
The final shortlist of 5 entrepreneurs will get 10 minutes to make a pitch to the investors. The investors will ask pertinent questions on the business and take a call whether they would like to invest or not. At the session, there will be key service providers like accredited legal and financial firms to help with structuring of the deal and possible issuance of a term sheet.

Important Dates:
Date Milestone
8th August – 16th September Call for Applications Open
25th September Top 25 shortlisted companies selected for Prelim Round
25th September – 3rd October Mentoring & Refining of Pitches of Shortlisted Applicants
3rd October- Prelim Round with Interested Investors
12th October – Final Five Finalists announced
17th October – TiE the Knot Session@TiEcon Delhi 2014

Click here to download the template

Interested entrepreneurs are required to submit a brief 5 minute video pitch and their business summary in the attached format to Amit Verma at amit@tienewdelhi.org. For any queries please contact Amit at +91-8750847502

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This is a forum for entrepreneurs and professionals to connect, learn and grow with each other. The objective of this blog is to give you access to relevant resources, business opportunities and networking opportunities to enhance your entrepreneurial and professional lives.

About Author:

Digbijoy has a wide ranging experience across diverse sectors, initially started his career in education marketing with reputed educational institutes and then subsequently joined the advertising and events industry to execute several projects including a state election campaign for a national party, conceptualizing and running a restaurant chain in Delhi and several other projects.

He joined the Delhi chapter of The Indus Entrepreneurs (TiE Delhi), where he worked for over 3 years and drove various key initiatives like mentoring, deal flow, marketing, sponsorships etc and left his last position as Associate Director of the chapter in 2008 to pursue his entrepreneurial ambitions. He subsequently joined techTribe- India largest Career Networking platform where he served as director strategic relations and drove unique initiatives and partnerships for building and sustaining community engagement. Post techTribe he co founded an online supplemental education start-up – TenMarks Education INC. which was acquired by Amazon.com in October 2013.

Post TenMarks he lead Ennovent India as its country director which is an innovation accelerator. Ennovent provide services to accelerate innovations for sustainability in low-income markets in developing countries. It specializes in helping clients discover enterprises with novel solutions, develop business models to start-up enterprises, provide finance by facilitating early-stage investments and grow operations to scale profit and impact. Since 2008, Ennovent has worked with over 4,800 Network members, 15 Circle members and 10 Solution clients to accelerate over 80 innovations in 10 countries.

Currently Digbijoy Co-leads the Startup Program for Amazon Internet Services Pvt Ltd enabling the best startups leverage the power of cloud.

Lets Connect:-
Email: digbijoys@gmail.com
Linkedin: http://in.linkedin.com/in/digbijoy
Twitter: http://twitter.com/digbijoy

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