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 Artha and had known that they had put in a good number of deep-tech startups including the likes of Agnikul and some other space tech startups. So we reached out to them in a positive note. We reached out to one of the member using Linkedin, and she asked us to send a deck on the mail and someone from the team will reach out (Pretty standard) After almost a month of back and forth between different members (they all pushed around saying someone will reach out) we got a mail/ response from one of the members that they would like to jump on a quick call, and a normal call not a Gmeet or Zoom call, he said he had went through the deck and asked us some basic questions about the startup. After 15 minutes of discussion he said they they dont invest in Pre-Revenue startups and hence cannot go forward, which is absolutely fine as they have a filter to invest. However, we knew that they had recently invested in a startup which was pre-revenue in the space tech sector, we knew it was pre-revenue because we knew the founders. Which was a surprise to us, as they said they don't invest in pre-revenue startups, after a month or so we got to know from someone in their team, that the startup's founder was a nephew of one of the investment associates at Artha. Which makes me come down to the second point of this entire VC deal, this is a closed circle like bollywood, people who know each other pretty much fund each other, and getting into is a hard obstacle for an outsider. Thank you! P.S: This is not my personal experience. I’m just bringing these experiences for the people of Medial to make this platform better for us.
Founder & CEO: dream... • 4m
A good number of investors are ready to fund tech/AI based startups at pre revenue stage But When it comes to a consumer startup, most of them have been asking for revenue first! We know we have a wonderful product at hand but unable to raise preseed
See MoreVenture Capital Focu... • 1y
Venture Studio vs Pre-Seed VCs Venture Studios and Pre-Seed VCs have different approaches. While Pre-Seed VCs invest in existing businesses with potential in a very early stage, Venture Studios creates new startups from scratch, providing operation
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The Clueless Company • 12m
Prisha and Dishani were discussing startups. Dishani asked, Why do some startups fail, while others succeed? Prisha replied, It depends on various factors. Let me share a small story. Prisha continued, There were two startups. Both had a great pro
See MoreZero Fund-VC|Investi... • 1y
As part of Investors yaatra, I am in Bangalore at present... And I had a golden chance to meet the few Investors at DSH.. It was a great session & we pitched our portfolio of Startups to early stage startup Investors. Few of our startups will have
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