Yes, we do participate with a consortium of investors as well. Most of our follow-on rounds have been co-investments with marquee investors. We would prefer to do seed or Pre-Series A round individually but are not averse to co-investments.
Our investment process on average takes 2-3 months. From initial submission, we take 5-15 business days to contact you for the next round of our investment process.
Our sweet spot is between INR 1 – 3 Crore, with an ability to do follow-on rounds. Having said so, we can extend our investment size or co-invest with another investor, in case the opportunity fits our investment thesis.
YES. Absolutely. We want the founding team to be fully focused and committed to their start-up.
The Udtara team scouts for startups with disruptive business ideas, high growth potential and an exciting team with great execution capability. You can read more on About us(attach a link) page.
Whilst we would love to meet everyone, this is not always possible as we receive a significant number of proposals every week. However, we have a rolling application open, so please go ahead and fill it up if you think you are a good fit. Apply (should be linked to the page where founders can send their proposal)
We would wish to see a proof of concept to be executed in a small region or geography to narrate the usage of the solution offered. We do not invest in businesses at idea stage without any on ground execution.
We typically invest in around 10-12 start-ups a year.