About the program
The Investor Readiness Program is a Venture Center initiative under NIDHI – Center of Excellence aimed at connecting, mentoring and enabling startups to enhance their fund raising effort. The program is a customized approach specifically designed to cater the needs of the participating startup. The program also aims to create a powerful ecosystem of mentors, investors and other partners to support and promote the growth of innovative startups. This is a cohort based program.
Second cohort of “IRP” : Kotak Alternate Asset Managers Ltd. & Venture Center partnered and launched the second cohort of “Investor Readiness Program” to accelerate & equip healthcare startups with skill, knowledge & funding to thrive the competitive landscape.
The focus areas include: Healthcare technology innovations in devices, diagnostics, therapeutics, digital health, rehabilitation with preference for cancer, metabolic/immunological/musculoskeletal disorders, women founders.
Avail exclusive reward grant up to Rs 15 Lakhs/startup: Get the financial boost needed to turn your healthcare vision into reality. Top-performing startups stand a chance to secure a reward grant up to Rs 15 Lakhs/startup.
Benefits
- Business Model Review from Experienced Mentors
- Investment Case Preparation
- Financial Projections
- Impact Storytelling
- Professionally designed and developed pitch deck
- Extensive pitching practice to various audiences
- Access and visibility to curated investors, customers, and the ecosystem
- Stand a chance to win a reward grant up to Rs 15 Lakhs
Program Timelines: The Investor Readiness Program (IRP)
Mar 20, 2024: The program’s call for applications opened, inviting startups to apply for the upcoming cohort.
Apr 10, 2024: The application window closes, marking the deadline for startups to submit their entries.
Apr 30, 2024: The announcement of the selected cohort takes place, revealing the startups chosen to participate in the program.
May 15, 2024: The program officially kicks off, marking the beginning of the 24-week journey for the selected startups.
Nov 15, 2024: The program comes to a close, concluding the intensive mentoring phase for the startups.
Nov 30, 2024: The Startup Showcase, also known as Demo Day, will take place where the participating startups will pitch their ideas to potential investors and partners. Additionally, this day will also have the announcement of the Reward grant winners, where top-performing startups will have stand a chance to secure grants of up to Rs 15 Lakhs.
Mentors of the Investor Readiness Program (IRP)
An essential strength of the Investor Readiness Program (IRP) lies in its network of mentors, including notable investors and industry leaders –
- Srikant Sastri is a seasoned expert in investments. As Chairman of the i3g Advisory Network, he brings a wealth of knowledge and experience to the program, offering insights into strategic investments and market trends.
- Premnath V, Director of Venture Center, helps startups navigate the industry landscape, offering invaluable support in their growth journey.
- Rajan Srikanth, Co-President of Keiretsu Forum Chennai, has expertise in investment strategies and market dynamics providing startups with guidance and direction.
- Mayuresh Raut, Co-Founder & Managing Partner at Seafund,
- Sunil Cavale, Investment Associate at Speciale Invest,
- Rahul Rathi, an Angel and VC Investor,
- Visa Ray, an Expert in Early-stage Investment,
- Sanjay Kanvinde, Co-Founder of Lavni Ventures,
- Tania Fernandez, Founder and Managing Partner at DreamCatcher Ventures,
- Ravi Nigam, Co-founder & former MD of Tasty Bites and Charter Member at TiE Pune, as well as an Angel Investor, and
- Shalini Chhabra, Managing Partner at 3i Partners.
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