Seed-fund cum accelerator firm 5ideas has launched a series of city level meetups called “Start-up Superfuel Pit Stop” for early stage businesses. For the upcoming session, which is going to be held in Pune on 28thJanuary 2013, 5ideas has joined hands wit
Seed-fund cum accelerator firm 5ideas has launched a series of city level meetups called “Start-up Superfuel Pit Stop” for early stage businesses. For the upcoming session, which is going to be held in Pune on 28thJanuary 2013, 5ideas has joined hands with The Indus Entrepreneurs (TiE) Pune to conduct a 3-hour session for start-up entrepreneurs.
“Over the last few years, there has been a tremendous change in the start-up funding environment, particularly in the digital space. With the advent of new players and tremendous growth of the innovation eco-system, new opportunities to grow and fund start-ups have emerged. Accelerators, Seed Funds, Angel Networks and VC funds have proliferated while the lines between them have blurred. The session aims to de-mystify and give clear thought to entrepreneurs on how to navigate and raise money in this new environment,” said Gaurav Kachru, Founder, 5ideas.
The session aims to focus on aspects such as the key participants in the digital funding landscape, investors’ view on early stage businesses, matching businesses to funding partners, some Dos & Don'ts for start-ups to get funding quickly etc.
“We invest an optimum mix of human, social and financial capital to boost early stage businesses. Start-up Superfuel Pit Stops are city level meet-ups where we spend 15 minutes each with selected businesses giving insights and feedback to the founders on their business plan, key metrics to focus on while building their business and how to go about raising funds. Also, we give specific feedback on investment potential for these start-ups from The Start-up Superfuel Fund,” said Pearl Uppal, Founder, 5ideas.