New Delhi, September 22, 2014 – 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 startups 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 |
Interested entrepreneurs are required to submit a brief 5 minute video pitch and their business summary in the attached format to Amit Verma at [email protected]. For any queries please contact Amit at +91-8750847502. CCI Newswire
