With an aim to assist seed-funded start-ups looking to secure the Pre-Series A funding, Venture Catalysts (V-Cats) has come up with a one-of-its-kind initiative to boost the country’s innovation quotient through ‘VC Roadshow’.
‘VC Roadshow’ will be a two day event scheduled for May 18th and 19th. In association with Chryseum Advisors, the event is to be launched at the V-Cats incubator facility located in Andheri East, Mumbai.
Around 20 marquee VC’s from India will participate in the event to interact with and evaluate selected seed funded start-ups for investment in an extensive one-on-one sessions.
Explaining how the roadshow is different from other fund raising initiative, Dr.Apoorv Ranjan Sharma, co-founder of V-Cats, said, “Having secured seed funding, most start-ups find it tough to secure the Pre-Series A investment. This event is looking to provide 20 of the most promising start-up participants a chance to interact one-on-one with the top most members of the Venture Capital fraternity.”
“This personalized interaction with the investors investors will not just allow them pitch their ideas but will also help them gain insights and inputs in order to refine their product and approach as a part of their long-term strategy,” added Sharma.
While the start-ups will get a chance to move beyond seed funding with the event, participating VC’s have the benefit of reviewing high curated seed-funded start-ups that have undergone V-Cats’ well laid-out screening process.
V-Cats will also be connecting start-ups with select peer groups who have already cracked the go-to-market strategy with their differentiated products & services.This will enable a more integrated network of start-ups and other ventures promoting mutual growth.
Sharma said, “The idea is not just to connect start-ups with investors, but also to boost their growth. The VC Roadshow is another step in the direction of creating a holistic, well-rounded support ecosystem that facilitates start-up success,” adds Sharma.
VC will be open to start-ups with disruptive products and services in the fields of Ad-tech, Analytics, AI, Consumer, IoT, Education, Fintech, Healthcare and Logistics. The applicants must also have raised at least $250k in seed funding from reputed networks and investors, and launched their offerings in public with sufficient consumer traction.