- Gurugram-based venture capital firm Inflection Point Ventures partners with the leading financial news platform Moneycontrol to launch Pitch Right.
- Pitch Right is a platform for early-stage startups to showcase their ideas to venture capitalists, founders, and successful entrepreneurs.
- The platform said to be launch on October 8 with a high profile finale event in November.
Gurugram-based most active venture capital firm Inflection Point Ventures partners with the leading Indian financial news platform Moneycontrol to launch Pitch Right.
The platform aims to focus on early-stage startups and founders to showcase their business idea to the top venture capitalist, entrepreneurs, and founders.
Both platforms aim to identify quality early-stage Indian startups that are building innovative solutions and getting success in the startup ecosystem.
According to the report by Moneycontrol, The platform said to be launch on October 8, 2020, With an AMA to be carried with the IPV founder & CEO, Vinay Bansal, and Co-founder Ankur Mittal.
“We always stand for the founders as it is they who are fighting for the highest stake in the game. Since March, we have seen the funding tap being constantly squeezed leaving many early-stage startups run on dry cash flow," said, Vinay Bansal, Founder & CEO of IPV.
"The macro triggers motivated us to seek a formidable partner in MoneyControl, a brand which is a trusted source of news, to become our co-passenger on this journey to find high potential entrepreneurs and startups and help them in their journey both with capital and mentoring,” he added.
"India’s startup ecosystem is undergoing sweeping changes, changes that have the power and impact to resolve the complex challenges that the world faces today," said Binoy Prabhakar, Editor, Moneycontrol.
"Our partnership with Inflection Point will help founders with the most disruptive ideas find a stage that will provide them the scale and the direction to make them big,” he added.
Further, there will be an online 30 min AMA event for the startups to ask business, startup, and funding related questions from both the platforms.
The registration for the AMA event has started and will last till 18th October. Click the link to go to the registration page.
With the launch of the platform, there will be an event where both IPV founders will speak on getting funded by the marquee investors and firms.
Moreover, The Moneycontrol and IPV team will identify the best startups and will shortlist them, who would then be presenting their business idea to the investors. It was also reported that the winning startup will get Rs 50 lakh in funding from Inflection Point Ventures. The final event is scheduled for 7th November 2020.
About - Inflection Point Venture is a Gurugram based venture capital firm founded in 2018 by Vinay Bansal and Ankur Mittal. The firm is having a team of accomplished angel investors and experts to empower early-stage Indian startups for better and faster growth. Since its founding, The firm has invested Rs 100 crore across 35+ startups.
Today, The firm is having network of 2000+ angel investors having expertise in different fields of business.
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