5ideas in association with TIE Pune holds a 'Startup Superfuel Pit Stop' at Pune

Startup Superfuel (a 5ideas initiative), the first seed fund cum accelerator in India has launched a series of city level meetups called "Startup Superfuel Pit Stop" for early stage businesses. For the upcoming session, which is going to be held in Pune, 5ideas has joined hands with TIE Pune to conduct a 3-hour session for startup entrepreneurs. The session is to be conducted on 28thJanuary 2013 at SumantMoolgaonkar Hall, MCCIA, ICC towers, A Wing, Ground floor, SenapatiBapat Road, Pune from 6 pm onwards.

The first part of the event from 6 pm to 8 pm will be a group session on "Funding Start ups in the Digital Economy: Bridging the Entrepreneur-VC Gap" in collaboration with TIE Pune. The second part of the event from 8 pm to 9:00 pm will be the "Startup Superfuel Pit Stop" where 8 selected businesses will have one -one interactions with the Startup Superfuel Partners Gaurav Kachru and Pearl Uppal.

Speaking about the session Gaurav Kachru Founder 5ideas said, "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 & fund startups have emerged. Accelerators, Seed Funds, Angel Networks & 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."

The session in partnership with TIE Pune shall try and address some relevant questions. Who are the key participants in the digital funding landscape and how are they different from each other? How do investors view early stage businesses and why do they value them differently? Is there a preferred type of investor to my stage of business (matching businesses to funding partners)? What constitutes a Successful POC? What do Investors look for in a business? In addition, the session will also address some Dos & Don'ts to help get your business funded quickly.

Speaking about the Startup Superfuel Pit Stops, Pearl Uppal Founder 5ideassaid " Startup Superfuel, a key initiative of 5ideas, is a seedfund with a difference. We invest an optimum mix of human, social and financial capital to boost early stage businesses. Startup Superfuel Pit Stops are city level meetupswhere 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 startups from The Startup Superfuel Fund. We are very excited to host our second Pit Stop at Pune after our first one in Mumbai (earlier this month) which received tremendous response".

Who should apply for the Startup Superfuel Pit Stop:

Tech start-ups founded by immensely resourceful founders building on a BIG market opportunity armed with a significantly differentiated solution. Ideally these start ups should be off the ground with first level POC achieved and early signs of customer traction visible.

Format of the Program

- 5 min session for Founders presenting the business
- 5 minutes Q&A
- 5 minutes of feedback and next steps from an investment point of view

To register for the Startup Superfuel Pit Stop: Startups should register for the Startup Superfuel Pit Stop at http://startup-superfuel.eventbrite.com. Also please send in your business presentation (not more than 5 slides) to pearl@5ideas.in. The presentation should cover the following aspects:

- The presentation should cover your market opportunity
- What makes your solution significantly different
- Why you believe you are the best team to build this and
- Your business (especially customer) metrics so far.

The event is free for startups and only 100 registration slots are available. Start-Up Superfuel Advisors LLP will select 8 businesses for the Pune Startup Superfuel Pit stop and notify the selected start ups by 26th January 2013. Hurry and register at http://startup-superfuel.eventbrite.com

Source : Equity Bulls

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