Cohort 2 : Kotak Alternate Asset Managers Ltd. & Venture Center partnered and launched the “Investor Readiness program” for healthcare startups. Accepting applications since 20th March 2024
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.
Looking to raise up to Rs. 5 Cr in the next 12 months
Stage- POC demonstrated/ post prototype/ pre or early revenue stage startups
Inventive and knowledge-based startups in Healthcare
Commitment of 3 hrs / week for mentoring sessions
Stand a chance to secure reward grant up to Rs 15 Lakhs/ startups
The program is a 24 week long tailored mentoring program ending in a startup showcase where the startups pitch in front of investors and other ecosystem partners.
Mar 20, 2024 : Call opens for Applications
Apr 10, 2024 : Call closes
Apr 30, 2024 : Announcement of Cohort
May 15, 2024 : Program begins
Nov 15, 2024 : Program ends
Nov 30, 2024 : Startup showcase (Demo Day), Announcement-Reward grant winners
Phase 1 : Cohort is selected and startups are onboarded. A refundable program commitment fee of Rs. 5000 will be collected from startups joining the cohort.
Phase 2 : Assessment of current level of investor readiness, diagnosis. Identification of key areas of improvement & gap analysis via Diagnostic clinics and audits.
Phase 3 : Actions to improve business case (via templates, examples, strategic guidance via 1-on-1 mentoring by anchor investor mentors, specialized mentoring, service providers).
Phase 4 : Refined storyline and pitch deck creation. Build robust financial models that demonstrate the viability and scalability of your healthcare venture. Extensive pitch practice (via feedback, mock pitches, receive constructive feedback and so on). Investor matchmaking to drive follow-on investment opportunities.
Phase 5 : Startups pitch to a curated panel of investors and other ecosystem players to raise funds, network and get visibility to certain customer groups.
The winning pitches get a reward grant up to Rs 15 L.
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
One of the key strengths of the program is the ability to get access to a powerful investors & mentor network. Here are a few notable senior mentors with more being added every day !
We are always seeking to connect with and increase our mentor and partner network. Sign up to get associated with the program and share your expertise to promote innovation and entrepreneurship.
Cohort startups will have access to our investor network at the startup showcase
