Deadline: 30 November 2024
Thrive by Marwari Catalysts is a startup acceleration program designed to empower innovative startups across key industries with expert mentorship, structured workshops, and investor connections.
Thrive is India’s most exciting and value-driven cohort-based accelerator program for the most promising early-stage startups.
- 3-phased screening process. Less than 2% intake rate
- The 12 to 24-week rigorous program comprises all key elements required in a startup’s growth journey.
- Mentors include top startup founders, industry leaders and domain experts.
- The only accelerator program that comes with “Skin-in-the-game”. Signal funding to startups on Day 1.
- Demo day at the end of the cohort, where in startups pitch their ideas and raise institutional funding.
Program Structure
- Startup Onboarding:
- Ecosystem integration
- Resource allocation
- Startup Health check
- Tool access
- Expert Sessions:
- Identify KPIs
- Domain Knowledge
- Overcome bottlenecks
- Strategic Focus
- Mentorship & Networking:
- Star Entrepreneur insights
- Mentor introduction
- Personalized matching
- Community networking
- Investment Prep & Demo Day:
- Pitch optimization
- KPI evaluation
- Investor readiness
- Pitch to investors
Benefits
- Investment: On Day 1, onboarded startups receive investment from Marwari Catalysts, along with the opportunity to raise additional capital through our extensive network of investors.
- Mentorship: Expert mentors lead workshops covering essential topics such as Business Model Canvas, Marketing and Sales, Financial Planning, Fundraising, Team Building, Growth Hacking, Networking, Legal and Regulatory Compliance, and more.
- In-house Resources: Our specialized in-house teams in Technology, Digital, Legal, and Accounting review and guide startups, ensuring a solid foundation before presenting to investors and mentors.
- 150+ Co-founders Club: The co-founders club, with 150+ members, fosters collaboration and support, allowing founders to help each other overcome challenges. Many build lifelong friendships within their batch or portfolio.
- Tools to Scale: We offer startups over $150K worth of credits, discounts, and deals from partners such as AWS, Digital Ocean, Zoho, Freshworks, MSG91, WebEngage, Mtalkz, Google Cloud, and more to help them scale.
- Government Initiatives: We actively research government grants to support startups,
helping our portfolio discover and apply for relevant opportunities. - Events: Startups gain exposure by participating in our flagship event, StartupXchange, as well as other national and international events.
Funding Information
- They offer an investment of minimum INR 25 Lakhs, with a follow-on investment of INR 75 Lakhs for top-performing startups.
- The program offers comprehensive support over 3 to 4 months, providing tailored guidance.
Eligibility Criteria
- Thrive primarily focuses on Pre-seed and Early-stage startups. However, they’re open to engaging with innovative startups at any stage.
Evaluation Criteria
- They accelerate all types of startups from all verticals depending on the category of the cohort running. Please note they focus only on startups and not on small businesses.
- Startups in their early stages, having early traction, and are looking for Acceleration in the startup industry should apply for the program. Startups that are only looking for funding and are part-time founders, should not apply for the program.
- As an early stage accelerator they emphasize primarily on the founding team, the innovation in terms of the business model or the product itself. The preference goes to startups which have proven their commercial viability proven primarily in the way of traction.
For more information, visit Marwari Catalysts.