What next after the Pitch sessions?
Selected startups will get a travel grant to Startup Jalsa Invest Edition 2019, where at least one startup from POC/Beta stage will get funding of INR 25 Lacs at 10% equity and one from Revenue stage will get funding of INR 1 Crore at 10% equity.
Who can attend?
There are no eligibility criteria for startups. However, we want serious entrepreneurs to be a part of this – you can be a Startup in POC/Beta or in Revenue Stage.
Does Startup Jalsa Pitch Sessions accept startups only from India?
At present, Startup Jalsa Pitch Sessions are being organised in 4 countries in South East Asia - India, Bangladesh, Nepal and Sri Lanka.
Is there any registeration fee involved?
The startups will have to pay a fee of INR 1000 to pitch at the Pitch Sessions.
How will the data of my startup be kept confidential or private?
At Startup Jalsa, we are very serious about the security and privacy of your data.
Things to keep in mind
- An elevator pitch is of 60 seconds and no extra time will be granted.
- Startups should present their prototypes during the pitch sessions, if in hand.
- When writing your twitter pitch in the form, make it clear and unambiguous. If in one sentence you cannot tell what you do, then you should rework the sentence. This is the first thing we will read, so taking time in crafting a good one-liner is time well spent.
- In Team Summary, write a one to two sentences short bio of yourself, your co-founders and your core team members. If you have founded companies before, mention it.
- Pitch deck is your first impression. You need to communicate and present relevant information clearly and concisely.
There are 7 essential elements that make a good pitch deck:
- Problem statement: What is it that you are trying to solve?
- Solution: What is the solution? What is the product?
- Market: How big is the market? Market size? What are the numbers?
- Competition Analysis: Competition. Differentiation.
- Revenue model: Not projections. How you will make money? Potential revenue model.
- Team, Founders & Advisors: Write a short one to two sentence bio of each co-founder.
- Funding ask: In your funding ask slide, mention your funding ask in INR and show how you are going to use the funds. For example: 30% for Product Development, 20% for Marketing, 30% for talent etc.