SV SHARKS 3.0 is a physical pitching event. Founders pitch before investors and get funding. This event was the third series of the same format, known as SV SHARKS. SV stands for SIDANA VENTURES, the company that organizes this event.
This was the 3rd series of the same event format, organized in Gurgaon, India. The founder believes that he has created a product, as this event is self-sustained, self-funded, and can be executed independently with the SOP he has designed around the event.
This is a new kind of unique format of the event where only portfolio companies of SIDANA VENTURES pitch before the active family office and Venture Capitalists and Angel Investors in a private room. The uniqueness is that the event is well planned and executed to make sure every founder get attention and have commitment of funding. There is an audience poll for getting good feedback about the innovation and idea, and its execution. There are ranks and ratings of every pitch delivered.
The active investors who become SHARKS are active in the ecosystem and are ready to give funding if the startup get selected. There is a process of introduction of same investors post-event, which makes it more uniqueness of the event.
There were 18 startup founders who pitched in this private “invite-only” event. The event was divided into two parts – Morning and Evening. The startup founders selected were from all categories like Logistics, AI, marketplace, sustainable, travel tech startup, cybersecurity, D2C brands, Education Tech, AgriTech, Aerospace Tech and Training, etc.
The VCs and Family office who were jury are – Mr. Rohit Chanana, Ms Ishani Chanana from the family office and Aditya from FAAD, and Pawan from ZeCa Capital. There were Angel Investors Sourabh, Pranshu and Vivasan and few more.
The pitching event has a format of do pitches in 7 minutes and another 7 minutes allotted to Q&A. During Q&A, the team plays an Audience Poll where the audience can also participate in a LIVE POLL. The Sidana Ventures team claim that they ensure every founder gets FEEDBACK and INSIGHT from the Investor Jury and their poll ranking. The feedback helps founders to improve their business model and pitching while raising capital.
The announcement of funding was made at the end of the event in the evening, which includes soft and verbal commitment from investors and team connect founders again virtually to close the round with selected investors.
