Investor Readiness Program

Unlock your full potential to attract investment and create working networks with investors and the ecosystem. Stand a chance to secure a reward grant up to Rs 15 Lakhs/start-up
 

Cohort 2 : Kotak & Venture Center partnered and launched the second wave of the “Investor Readiness program” for healthcare startups. Accepting applications since 1st March 2024

Cohort 1 : Implemented on Feb - May 2022

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 wave of “IRP” : Kotak & Venture Center partnered and launched the second wave 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

Program Details

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 1, 24

Mar 1, 2024 : Call opens for Applications

Mar 1, 24
Mar 25, 24

Mar 25, 2024 : Call closes

Mar 25, 24
Apr 5, 24

Apr 05, 2024 : Announcement of Cohort

Apr 5, 24
Apr 15, 24

Apr 15, 2024 : Program begins

Apr 15, 24
Oct 15, 24

Oct 15, 2024 : Program ends

Oct 15, 24
Oct 30, 24

Oct 30, 2024 : Startup showcase (Demo Day), Announcement-Reward grant winners

Oct 30, 24
  • Selection
  • Diagnosis
  • Resolution
  • Fundraising Support
  • Startup Showcase

Phase 1 : Cohort is selected and startups are onboarded. A 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 10 L. 

Cohort size
Mentoring hours
Investor Partners

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 10 Lakhs

Mentoring, pitching, funding & reward grant ! Apply today to be a part of the program. 

Program Mentors

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 ! 

Srikant Sastri

Chairman, i3g Advisory Network

Premnath V

Director, Venture Center

Rajan Srikanth

Co-President, Keiretsu Forum Chennai

Mayuresh Raut

Co-Founder & Managing Partner @ seafund

Sunil Cavale

Investment Associate, Speciale Invest

Rahul Rathi

Angel / VC Investor

Sanjay Kanvinde

Co-Founder, Lavni Ventures

Tania Fernandez

Founder and Managing Partner, DreamCatcher Ventures

Ravi Nigam

Co-founder & former MD- Tasty Bites, Charter Member -TiE Pune, Angel Investor

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.

Investment Partners

Cohort startups will have access to our investor network at the startup showcase

FAQs

The program is intended to prepare startups for investments and thus participation and completion of program is necessary to pitch at the startup showcase

One of the uniqueness of the program is the customized approach to the program. All of the mentor meetings will be 1-1 meetings and will catered on helping the startup through the issues specific to their organization.

We require the startup to at least be available for 3 hours per week to meet 1-1 with the mentors and work on the action items that come up in those meetings. That being said, we believe that this is a great platform for founders to really get exposure to an experienced mentor network and we encourage startups to make the best out of the experience.