Startify's "Rocket Launcher" Program :
The entrepreneur journey that starts from the “best idea ever” and goes through a roller coaster of ups and downs is what we strive to be part of.
About Us
- We at Startify, operate as startup enablers. We provide both incubation and acceleration support services.
- Our incubation service is branded as "Rocket Launcher" program. We handhold early stage startups, mentor them, provide workspace, assist in prototyping, develop marketing plans and raise capital from our network of investors.
- Our acceleration service caters to the needs of early revenue startups planning to scale up their business. We are sector agnostic and focus on tech-driven startups.
- Our Investor Network Includes: VCs, HNIs, Family Offices, Strategic Investors, Corporates, Angel & Seed Investors who invest between USD 50,000 to 15,00,000 in Seed to Series A rounds. Our founders have been multiple entrepreneurs themselves; and so understand the fundraising cycle well.
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01 Purpose and Goal
✔ The “Rocket Launcher” program is one of a kind designed to handhold startups through their early years and focus on four key thrust areas of building a strong story, market access (GTM) and product & digital development while we strive towards raising capital and growth.
✔ Our goal is to make the startup with as little burn as possible. We do not believe in high burn startups at the early stage. We believe that PRODUCT, PROCESS and PEOPLE make an enterprise and we work towards making the enterprise scalable and refundable.
✔ The startup gets Startify as a partner, an approach that is very different from that of Accelerators and Incubation programs.
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02 Criteria
While we encourage all early Startups to apply for the “Rocket Launcher” program, it works best for the startups matching the following criterion:
1.The startup moved beyond just a concept note and have at least reached a prototype stage.
2.The startup has funds to survive for at least one year.
3.Has a strong and dedicated founding team.
The “Rocket Launcher” program runs for one year. -
03 4 Key Areas of Delivery
Raising capital remains the primary focus of this program, we believe there are 4 key thrust areas which make an enterprise scalable and thus refundable.
1.Strategy or the Story: Monthly review meetings on business direction, action plan, milestones, roadblocks/challenges etc.
2.Product: Differentiation, Focus, Product roadmap.
3.People: Find mentors, advisors, co founders & employees.
4.Go-To-Market: We use our network of CXOs, Business Owners & Decision makers to generate sales/business and do strategic tie-ups for rapid growth.
You can use the network to find customers.
You can also use our network for digital marketing activities such as emailers, social media posts & PR.
Since raising capital is a continuous activity, we bring is our capability to engage parallelly for subsequent rounds so on-going capital raising for your startup becomes a lot easier and faster.
Piloting the Startup Eco-System
Startify as a partner working with the founding team to take a startup from the early stages of RAISING CAPITAL till Series A.
STARTUPS 12
ANGEL INVESTORS 107
VENTURE CAPITALIST 15
DOMAIN CONSULTANTS 26
Services
We provide the following independent services to startups under our acceleration program.
Startup Registration
Our executives will help startups understand and register with MCA, DIPP, DIN, PAN, GST, Udyog Aadhar and other relevant government agencies.
Pitchdesk Development
Experienced business management professionals will help startups build a powerful presentation to gain the attention of investors.
Financial Modeling
Our team of professionals will collaborate with startups to collect information and generate financial modeling including 5year projection & EBITDA calculations.
Goto Market Strategizing
Our business management executives will work with startups to understand the market information and guide them with a strong goto market plan.
Digital Marketing
Our partner digital marketing agency will guide startups in various aspects of Digital Marketing including SEO, Search Marketing, and content creation for Social Media Marketing.
Software Prototyping
Our partner software development company will assist startups to develop prototype and subsequently develop fully functional products. We also help to identify software tools required for digital transformation.
Fund Raising
Our investment associates will help our startup reach and engage with Angels, PEs, VCs and other funding agencies based on nature and size of businesses.
Tax Compliance
Our accounting professionals will help in documenting, compiling and filing Taxes like GST, IT and others. Our financial experts will also guide startups in P&L, book keeping and bank liasoning.
We aim to be a bridge between founders & funders and grow the startup ecosystem.
- Umamaheswaran, Startup Mentor.
Partners
Portfolio
Within a short span of time, Startify has the mandate to represent 10+ brands/ startups. This list continues to grow, ably supported by our highly experienced and accomplished team of professionals.
Team
Startify founders have been multiple entrepreneurs themselves so understand the complete lifecycle of business management.
Sunder Muthuraman
Co-FounderEx CEO APAC, Analytics Practice - Kantar.
Umamaheswaran
Co-FounderCEO, Big Network - 25 yrs experience as technopreneur.
Vijayendran
Co-FounderCEO, SME Bazaar, Ex ICICI Banker.
Jayanthi
Co-FounderEx ICICI, Investment Banker.
Co-Working
Work Independently, Together
Flexible working space with a diverse and enriching community
Frequently Asked Questions
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Who can Apply?
If you are a Tech startup entrepreneur who is just starting, or have been around for a while, You are invited to be part of our enabler/ accelerator/ incubation services in Chennai.
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What is our focus domain?
Electronics - Manufacturing/ D2C sales/ Services: EV Mobility, Robotics, Drones, etc … Agriculture - D2C Marketplace, B2B Supply Chain - foodgrains, organic farming, fertilizer, animal husbandry, etc…
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What is our Mentorship methodology?
We Mentor Entrepreneurs 1:1, We do professional consultations with entrepreneurs who are either looking for feedback on a Business Idea or are looking for inputs on a specific issue related to your startup enterprise.
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What are the areas of mentoring?
If you need inputs on topics as such Fundraising strategy, Board Formation, Corporate Structuring, Product Launches, Team Building, Idea Validation etc, You are in the right place, we assist you in all of them.
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How do we assist your funding requirements?
We engage clients looking for investment. We develop investor facing materials and work with our clients to develop robust financial models to project 3-5 year performance and advise on transaction strategy. We are well connected with a significant network of investors and funds.
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How can we help in knowledge gains?
We organize Events Time and time again there are specific topics that come up from entrepreneurs and as a way of effectively addressing them, We organize regular webinars and workshops.
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What is our workspace offer?
We have WorkSpace for Early stage entrepreneurs who need a space when they start with their ventures. They can avail our work spaces that is without distraction with a functionality to be able to bring team members and have productive work done. For teams of upto 4 members we offer space at nominal rates. You can avail the space for upto 6 months.
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What type of technical assistance is offered by us?
We can help startups get connected with various services providers and assist you to build your business, namely: Cloud Hosting, Payment Gateway, EMail & SMS API, Telephony, Helpdesk Software, Staff Management Tools and more. We can also provide software development support to develop prototypes.
Contact
Location:
No:1 Deivanai St, Karthekeyan Nagar, Maduravoyal, Chennai - 600095.
Investors:
investment@thestartify.com
Startups:
pitchdesk@thestartify.com
Call:
+91 73055 75757