🚀 Medial just raised $500k in Pre-Series A. Tap to read the announcement. 🎉
Login

Back to feeds

The next billionaire

Stealth • 3m

My Experience with VCs of India as a deep-tech founder. Day 2: Antler India and All in Capital Thank you for the response on my previous post, following that today I'll be covering 2 other VCs we talked to. 1. All in Capital: They started very recently and we reached out to them very early, because it was a small team we reached out to the founder directly, their proposition was they put funds in all sectors and are "All In" the startup once they have invested. We reached out on Linkedin, he asked us to share the deck and after a week or so we were rejected and they did state the reason, so not much of a hassle, especially when the VCs don't even have the courtesy to reply back or give reason. 2. Antler India: This is another Horror story! Antler is a big global VC firm and had entered India back then, they opened up applications for funding startups in all sectors (They all mention they fund all sectors but they don't), the first part was to submit a form with basic details, once that was approved, we were then asked to record a video pitch in a specific format to be submitted (This is as stupid as it gets) it had a limit on timing file size etc. Once we were selected, finally we had a call with one of the Associates of the Indian team, and as expected the authoritative nature came out, he asked a few questions about the tech and the startup here and there, but then started asking questions like "**Why should we fund you**", "**what is it in for me in the long term?"** and **we have so many other startups that we can fund, but why should we consider you?** all this sounding very similar to a typical corporate boss taking a new candidates interview. I do not have a problem with getting rejected, and all the VCs have right to take the decision on which startup they wanna fund, but they have to stop this attitude on how they treat startups and founders. Ironically, they funded a Web3 startup in the same cohort, because Web3 was big in 2021-22, and now that startup has gone back to making websites. LOL Thanks!

16 replies26 likes
20
Replies (16)

More like this

Recommendations from Medial

Image Description

Hiral Jain

Stealth • 4d

Budget-3 CONTINGENCY FUND OF INDIA This Acc is used for uncertainty like natural calamities, each state has a right to use this Acc without any permission from the president if any contingency occurs in their state later they have to present to the

See More
3 replies8 likes
Image Description
Image Description

The next billionaire

Stealth • 2m

My Experience with VCs of India as a deep-tech founder. Day 3: Artha Venture Fund My next experience is with Artha Venture Fund, they're a big VC firm with a good history and have backed quite a good number of startups. We had been hearing about Ar

See More
16 replies30 likes
15
Image Description

Agrit Tiwari

Stealth • 7m

Hey Bengaluru folks, Would someone please share some seed funding firms! As we are building our MVP, the energy drains rapidly working alongside a full-time job at a startup. Pitching potential in idea and team is just formality. Government seed fu

See More
2 replies4 likes
Image Description

Arcane

Stealth • 7m

After the recent Groww incident, what steps are you taking to ensure that the money has reached the fund house and you'll be able to withdraw it without any hassle?

3 replies3 likes
Image Description
Image Description

The next billionaire

Stealth • 3m

New Series - Covering experiences of 50 different VCs. My experience with VCs of India as a deep-tech startup founder. Day 1: 100X VC Greetings everyone, I am a deep-tech startup Co-Founder based in Pune, we established the startup back in 2021 and

See More
15 replies33 likes
30
Image Description
Image Description

prashanth kumar

Stealth • 9m

Hi everyone, I have an idea to create an app instead of instead of shark tank we can upload our startup idea into app and just like YouTube where people will watch and rate the content and based on the rating the VCs can take a call or connect with

See More
4 replies8 likes
Image Description

Happy Prajapati

Stealth • 15d

I everyone I have a new startup and I start new restaurant 365bites but I need a help please invest in my business because I can use my all saving and investment and we need more fund to grow through advertisement offer to grow good revenu we meed 3

See More
8 replies5 likes
Image Description
Image Description

Sajin

 • 

Foundation • 14d

VCs are backbone of startups. How much do you know them? Here are my few insights: 1. VCs invest funds raised from Limited Partners, and accountable to generate them returns in 10 years 2. VCs earn 2% management fee annually from the fund, perform

See More
21 replies28 likes
31
Image Description
Image Description

Manas Ranjan Bissoyi

Stealth • 4m

Access Top 500+ Investors & VCs in India and the USA! 🚀 https://nas.io/fund-your-idea/products/gjyk Looking to secure funding or expand your network? We’re offering exclusive access to a premium database of 500+ top investors and VCs across India an

See More
5 replies2 likes
Image Description
Image Description

The next billionaire

Stealth • 1m

Worst VCs in India Who are some of the worst VCs in India? Here's my list: Vaibhav Domkundwar: has NEVER responded to any email I sent to him Prime Ventures: Same as above and also think they are God's gift to entrepreneurship (despite a meh portfo

See More
7 replies15 likes
6

Download the medial app to read full posts, comements and news.