3,061
New startups launched in India in 2020
$955K
Median ticket size for seed stage funding deals in 2020
11
New startups entered unicorn club in 2020
$11.5 Bn
Total funding secured in 2020 across 924 deals
WHY POD
Leading Investors
POD gives startup founders access to a curated list of top VCs, Angel Investors and HNIs among others. These prospective investors are constantly looking for promising startups to invest in.
Transparent
Right from the time of registering on POD, everything on the platform is transparent and seamless. One can effortlessly track the progress of the campaign and plan the next steps for the business.
Safe and Secure
POD has a remarkable process and a world-class platform in place that makes the entire startup fundraising journey safe and secure. Startup founders can raise funds online with complete trust and assurance.
FREQUENTLY ASKED QUESTIONS
1. How does POD facilitate fundraising?
POD connects promising startups with Angel investors, HNIs and VCs among others. The value-add POD brings is ensuring all startups are vetted by a world-class team. Once this clearance happens, the startups are allowed to make their business pitch to potential investors. And if the investors find potential in the startups, they can choose to invest in them in return for equity.
2. How does the entire process of fundraising work on POD?
Startup Onboarding
- Onboarding: As the first step, a startup founder is asked to share the relevant details about his business and other KYC requirements. These details are collected through a form and sent to the team for vetting and due diligence.
- Due diligence: The team verifies all the business details, vets KYC etc. to ensure that the information submitted by the startup is legitimate. Only after this will the startup be launched on POD.
- Fundraising Campaign: Once the startup clears the vetting process, a fundraising campaign with a specific goal amount is launched on POD.
Investor Onboarding
- Investor Onboarding: Once the investor finds a startup that's aligned with their vision and interest, they can go right ahead and invest with a single click. Different modes of payment are available for investors to choose from.
- Investor Assessment: Investors have to answer a questionnaire to verify their understanding of investment risks.
- KYC Verification: Once the KYC of the investor is successfully verified, they will be onboarded on POD and get access to choose from a range of startups to invest in.
Investment and Fund/share transfer
- Investments: Once the investor finds a startup that's aligned with their vision and interest, they can go right ahead and invest with a single click. Different modes of payment are available for investors to choose from.
- Campaign Status: When an investor invests in a startup, the funds remain in POD's Escrow account. If the startup reaches its funding goal, the amount is transferred to the startup. If not, the funds will be refunded to the investor.
- End of Campaign: Funds are transferred to a startup if it reaches its funding goal. If not, a refund is initiated to the investor. Post this, the campaign is marked as closed.
3. What is the eligibility criteria for a startup to get registered on POD?
a. Be registered in India and incorporated not more than 3 years ago
b. Execute a unique business idea with a reasonable size target market
c. At least have an MVP ready
4. What is the vetting process like?
The Team at POD will perform complete due diligence to ensure that the details submitted by the startup are legal, valid and meets the requirements mandated to be registered on the platform. This process is expected to be completed in 7 business days. Should a startup not clear due diligence, the team will reach out with updates on how to rectify areas of concern before they can reapply.
5. What are the minimum and maximum amount of funds a startup can raise on POD?
As of now, a startup is allowed to raise funds ranging from INR 20 Lakhs to INR 1Cr. on POD.
OUR PARTNERS
RAISE FUNDS WITH POD
POD is owned by Crowdpouch Ventures Services Private Limited and reserves all rights to the assets, content, services, information, and products and graphics in the website but third party content. Crowdpouch does not solicit, advertise, market any of the users registered with POD, neither does it solicit investors by offering leagues/schemes/competitions etc. related to securities markets. POD hereby clarifies that it does not carry any resemblance to the stock exchange nor does it facilitate trading of securities nor does it act like a broker/agent/media for raising funds. Investment through POD does not carry rights of renunciation. Investors are cautioned that POD operates in an unregulated space hence, investment through POD is subject to investment risk. Investments in startups are highly illiquid.
