Two Indian startups secured investments worth almost Rs 2 crore in less than 30 minutes. Sounds unbelievable, doesn’t it? Astonishing as it might appear, this is exactly what is happening at “The Vault”, a one-of-its-kind Indian reality show. The Vault, which can well be called the Indian Idol of startups and investors, provides a unique platform to aspiring entrepreneurs from across the country helping them achieve their dreams.
The Model of The Vault
The Vault gives aspiring entrepreneurs from around the country a unique opportunity to pitch their business ideas to a panel of investors on television and persuade them to invest money in their ventures.
With the objective to give television exposure to innovative business ideas, the show highlights what goes on behind closed doors during an entrepreneur-investor funding pitch.
It is open to emerging start-ups, small and medium enterprises (SMEs), the student community as well as household and rural ventures and has already facilitated investments worth more than INR 3 crore for ventures participating in the show in just two episodes.
Funds rolling in
The latest episode of the show witnessed two out of the three startups featuring on the show secure funds worth of INR 1.8 crore underlining the difference that ‘The Vault’ is making to the entrepreneurial landscape in the country.
Indore-based Chattar Patar managed to raise funds worth INR 1 crore from Ameera Shah, Managing Director & CEO, Metropolis Healthcare Limited, Rahul Singh, Founder & CEO, The Beer Cafe, and Devansh Jain, Director, Inox Wind, in return of 26 per cent of the company’s equity.
Graviky, a Bangalore-based startup, on the other hand, secured INR 80 lakh in investments from Mohit Goel, CEO, Omaxe Limited, in return of 1 per cent equity and 7 per cent India-exclusive commission, at an impressive valuation of INR 80 crore. Revol Wallet, the third startup featuring in the episode, rejected the investment offer.
The creator of The Vault, Jatin Goel said he sees India as a nation full of individuals with bright business ideas that can have a great impact on the society and economy as a whole.
His vision for The Vault entailed a platform to give would-be entrepreneurs from across the country a chance to give their business dreams a big boost by securing investment and garnering visibility.
“It is extremely heartening to see startups from cities like Indore participating in the show and winning investor confidence. “We look forward to work towards our vision of taking entrepreneurship beyond big cities and making it a household concept across the country,” said Goel.
Delivering a high-quality product at a reasonable price is not enough anymore.
That’s why we have developed 5 beneficial guarantees that will make your experience with our service enjoyable, easy, and safe.
You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.
Read moreEach paper is composed from scratch, according to your instructions. It is then checked by our plagiarism-detection software. There is no gap where plagiarism could squeeze in.
Read moreThanks to our free revisions, there is no way for you to be unsatisfied. We will work on your paper until you are completely happy with the result.
Read moreYour email is safe, as we store it according to international data protection rules. Your bank details are secure, as we use only reliable payment systems.
Read moreBy sending us your money, you buy the service we provide. Check out our terms and conditions if you prefer business talks to be laid out in official language.
Read more