Fwd: Fw: 'TiE the Knot' is back - Apply today!

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Harsh Vardhan Kothari

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Feb 27, 2015, 7:37:00 AM2/27/15
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Dear All,
An interesting competition those who have already started their enterprise and need seed capital (initial money).
Thanks,
Harsh V. Kothari
---------- Forwarded message ----------
From: harsh kothari <harshkot...@yahoo.com>
Date: Fri, Feb 27, 2015 at 11:57 AM
Subject: Fw: 'TiE the Knot' is back - Apply today!
To: Harsh Vardhan Kothari <harshko...@gmail.com>




On Friday, February 27, 2015 10:22 AM, Amit (TiE Delhi-NCR) <am...@tienewdelhi.org> wrote:


 
"TiE the Knot" in its third edition, will provide high potential companies an exclusive platform (tech & non-tech) who have demonstrable products/offerings to raise their first seed investment. In the last edition held at TiEcon Delhi 2014, four high potential companies post extensive screening raised on-spot invest commitments in a high impact televised format anchored by CNBC TV 18.
Why Apply:
  • Opportunity to pitch to a highly renowned & hand-picked group of individual investors
  • Opportunity to receive investment commitments on the spot
  • Service providers & experts to facilitate deal closure & documentation
  • Extensive mentoring/prep for the final pitches
Application Criteria:
  • Registered Indian entity in operations for at least 3 months
  • Preference for early revenues and if pre-revenue should have developed a demonstrable fully functional product or prototype which can be demoed.
  • Looking to raise up to maximum of INR 1 crore (equity)
  • Preference for startups who already have a pre-existing investor lead or are sponsored by an Angel network.
Format:
The final shortlist of 5 entrepreneurs will get 10 minutes to make a pitch to the investors. The investors will ask pertinent questions on the business and take a call whether they would like to invest or not.
See last years show coverage here:
 
Tie the Knot Coverage 1
Tie the Knot Coverage 2
 
Priyanka Agarwal (Wishberry) TiE the Knot is essentially India's "Shark Tank", but, with much friendlier "Sharks" who aren't just angel investors but also valuable mentors and advisors. The true value of TiE the Knot isn't in the funding but in the tremendous PR & brand building it offers on a national scale, which would otherwise be unaffordable for fledgling startups. Wishberry is proud to be the only startup to have raised Rs. 4 crores at TiE the Knot 2014 with unanimous participation of all the "Sharks" on the show!"
 
Pawan Gupta (Curofy) "Finding the right Angels is very important for an early stage startup. But at that stage their energy is best focussed on building the product than find-ing Angles and investments. TiE the Knot provided us with the perfect platform to reach out to some of the very best entrepreneur-turned-Angels in the industry. The sheer pace at which we could raise our funding round from amazing people was unbelievable. We also received great publicity through TiE and CNBC telecast helping us create a buzz. Tie the Knot is highly recommended for early stage startups."
 
Zuhaib Khan (Shopatplaces) "TiE the Knot provides a wonderful platform to bring startups in front of the entire nation and the right investors. It does a stupendous job of crafting fairy tales out of sheer air. One moment you could be a small team which be-lieves in your idea and in the next you could have intelligent money backing you, the right mentors on board and the entire nation cheering for you, to disrupt entire indus-tries, to put your own dent in the universe.
Date Milestone
20th February - 31st March 2015 Call for Applications Open
15th April 2015 Top 20 shortlisted companies selected for Prelim Round
15th April - 25th April 2015 Mentoring & Refining of Pitches of Shortlisted Applicants
27th April 2015 Prelim Round with Interested Investors
4th May 2015 Final Five Finalists announced
8th May 2015 TiE the Knot Session
 
Interested entrepreneurs are required to submit a brief 5 minute video pitch and their business summary to Amit Verma at am...@tienewdelhi.org. For any queries please contact Amit at +91-8750847502.
Annual Partners
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Harsh Vardhan Kothari
(Faculty- IBS Gurgaon)
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