Back
The next billionaire
Unfiltered and real ... • 8m
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!
Replies (16)
More like this
Recommendations from Medial
The next billionaire
Unfiltered and real ... • 8m
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
Ayush
Let's build together... • 4m
Was talking to a founder few days back. Had a healthy talk and there was a line that deeply resonated in me - "VCs don’t fund ideas. They fund inevitabilities. Make your startup something the world can’t ignore." Niket Raj Dwivedi, you are the bes
See More
Adithya Pappala
Zero Fund-VC|Investi... • 4m
I got a chance to Invest in SpaceX! Yes, You heard right. At first glance, I also thought this was a kind of ponzy scam but it's not... They reached out to me as I am part of the World's largest VC Accelerator in the US. So, They reached out to me
See More
The next billionaire
Unfiltered and real ... • 8m
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
prashanth kumar
Hey I am on Medial • 1y
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
The next billionaire
Unfiltered and real ... • 7m
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
Download the medial app to read full posts, comements and news.