If you are a Startup raising Funds, head to Bangalore!

Hello Rodinhooders,

Great startups hangout here and we are presenting you a great opportunity!

Raising funds is not an easy task, and to make to easier, LetsVenture-India’s biggest platform for entrepreneurs to raise seed and angel money is bringing you an opportunity to meet and greet with 150+ angel investors from around the world.

LetsVenture is putting together the first Angel Summit of India – LetsIgnite. The summit aims to bring together angel Investors,VCs and bright entrepreneurs on one platform. It’s going to be a highly curated conference.

This first-of-its kind summit would take place in the Startup Capital of India – Bangalore on April 22nd.

Why LetsIgnite?
Angel INVESTING landscape has been seeing a lot of changes lately with new age INVESTORS making inroads into startup investing. Today, APART from traditional angels and accelerators, we have HNIs (High net worth individuals) and successful entrepreneurs joining the startup bandwagon. It has become important to analyze the angel investing trends and forecast the future trends. LetsIgnite aims to facilitate that through panel discussions and roundtables with the thought leaders of the Indian and global startup ecosystem.
It’s a known fact that Angel money plays a crucial role in the early growth of a startup. But most of the times, entrepreneurs don’t get to network with the angel INVESTORS’ community. LetsIgnite is a platform that would provide a platform to selected startups to network with 100+ investors.

LetsIgnite for Investors
Investors would have the opportunity to meet 30 quality startups at the summit. Apart from that, as an INVESTOR, one gets to witness the thought provoking panel discussions.
If you are an investor and would like to be a part of this 2-days extravaganza, you could request an invite here.

LetsIgnite for Startups
As a startup, one gets a chance to claim its passport to interact with 100+ Angel INVESTORS. To compete for this passport, startups need to apply for LetsIgnite Startup Competition.
Startups could apply here.

Details of the Startup Competition are as follows:

Who should apply?
Startups actively looking to raise funds anywhere between 1 crore to 4 crores.
Innovative startups who would require funds in the near future.
Startups looking for mentors and advisors.

Benefits for selected 30
Closing your angel round through LetsVenture’s platform
Networking with the best mentors, advisors and INVESTORS
Access to the customized Startup Pack by LetsVenture

Selection Procedure
Round 1:
Startups are required to fill the application form that consists of details like – idea/pitch, traction, team information and generic startup details.
Based on the idea, team strength and implementation capability, top startups would qualify for the next round.

Round 2:
For the Final round, selected startups who are actively fundraising need to provide – an INVESTOR deck, financial projections and capital structure. For startups who plan to fund raise in near future need to provide Investor deck only.
The criteria for selection in this round would be – the idea, execution skills and INVESTMENT readiness.

Timeline
20 March: Application process closes
25 March: Shortlisted startups list announced
5 April: Finalist startups list announced
22 April: LetsIgnite Summit

If you are a startup and a twitter enthusiast, tweet us why you want to come for #LetsIgnite, the best tweet gets to come for it, without going through the application!

#letsignite #letsventure

I am extremely confident that as a startup you will find tremendous value in this 🙂

You can direct your queries regarding LetsIgnite to prashant.sharma@letsventure.com