Frequently Asked Questions
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For Founders | FAQ
We do not charge any upfront fees for our equity and debt fundraising services. We only charge 1-5% post-funding success fees for equity and 0% for debt. For companies that don’t meet our funding criteria like pre-revenue companies, we help in incubation and grants for which we charge a one-time service fee. We have separate standard fees at a very budget-friendly rate for our documentation services like pitch decks, business plans, etc.
As of October 2024, we have helped 14 companies raise 44.7 cr in funding.
We are sorry for this delay. We sometimes get too many companies and it can cause a delay in response. Here’s what you can do-
a) Wait for 2 more days, we generally catch up fast.
- b) Check your WhatsApp or Email. Sometimes if your phone is not reachable, we leave a message to follow up.
c) Email us at support@ayventures.in, and we’ll try to prioritise a call for you.
As of October 2024, we have 349 Angels & Family Offices and 953 Venture Capital & Venture Debt firms. Beyond this, we are also partnered with 54 Banks and NBFCs for loans.
AY Ventures has 3 co-founders- Abha Mishra, Shiksha Mishra and Tony Sheldon. They are classmates and lifelong friends with backgrounds in startups and investment banking. You can check their LinkedIn profile here-
Abha Mishra- Abha Mishra | LinkedIn
Shiksha Mishra- Shiksha Mishra | LinkedIn
Tony Sheldon- Tony Sheldon | LinkedIn
AY Ventures is an investment banking firm that helps startups and companies raise funding from Angels, VCs, Family Offices, Banks, NBFCs, Private Equity, Venture Debt Firms, Revenue-based Financing firms, Incubators, Accelerators, Grant Schemes, etc by arranging direct meetings with investors & institutions.
As of October 2024, we have 15 members in our team who work remotely from across India and have varied experience in startups, banking and fundraising industry. Other than that we have 3 co-founders who work from our Gurgaon office.
We started AY Ventures in September 2022. Our Private Limited Company, Comunev Private Limited, on the other hand, was registered 3 years earlier on 23rd September 2019. For clarity, AY Ventures is our trade name and our entity is Comunev Private Limited.
We make most of our revenue by charging success fees to companies for whom we raise funding. Some of our revenue also comes from giving fundraising-related services like creating pitch decks, business plans, valuations, detailed project reports, market research reports, etc. You may check all our services on our website home page.
We cater to a diverse range of investors including angels, high-net-worth individuals (HNIs), family offices, as well as early and late-stage venture capitalists. We also raise funding from Banks, NBFCs, Venture Debt firms, Revenue based Financing firms and Private Equity firms. And for early-stage companies, we also have incubators, accelerators and grant schemes that provide early capital & non-refundable grants.
No, we don’t invest in companies ourselves. Instead, we function as investment bankers, serving as intermediaries between companies and investors. We believe that becoming investors ourselves would make us biased towards investors, thereby limiting the number of companies we would be able to help. Not having our own fund enables us to not filter as harshly as other investment funds do.
Yes, you can join our community through this link- https://chat.whatsapp.com/JhOEOZoF1ma8eZykn7Iol6
Yes, you can check our social media by clicking on social media icons in our website footer. We have a presence on Facebook, Instagram, LinkedIn, Twitter, Youtube, etc.
Currently, we do not help in tech directly. But we can get you incubated at an institution that can advise you on your tech. If you are looking to outsource tech, then you may mail us at support@ayventures.in and we’ll recommend a trusted agency or freelancer from our network.
Currently, we don't offer assistance in mergers and acquisitions (M&A), but we are considering adding this service in the future.
Due to the high volume of companies that require our help, direct meetings or calls with founders are not possible anymore. To address this, we've established an experienced startup advisor team dedicated to assisting you with your queries. However, if your revenue exceeds 50cr or if you are raising a Series A and above round, we can try to schedule a call based on slot availability. Click on ‘Get a callback’ button and when you receive a callback, mention your revenue and request a meeting with the founders.
The process of raising funds through AY Ventures typically involves the following steps:
- Initial Consultation:
When you reach out to us for the first time, we discuss your business, funding needs, and objectives to move ahead.
- Assessment and Evaluation:
AY Ventures will assess your business model, financials, and overall viability. We may request documents such as business plan, pitch deck, and other relevant information.
- Tailored Funding Strategy:
Based on the evaluation, AY Ventures will work with you to create a tailored funding strategy. This may include identifying the types of investors (angels, venture capitalists, etc.) that align with your business goals, structure (equity, debt, CCD, CCPS, etc) you want to raise in, country you want to raise from, etc.
- Preparation of Materials:
AY Ventures may assist in preparing essential fundraising materials such as a compelling pitch deck, financial projections, and other documentation to present to potential investors, if you don’t already have them.
- Introduction to Investors:
AY Ventures will use its matchmaking algorithm to match you with the relevant investors and then introduce you to them. Post introduction, if investor is interested, we arrange direct one-on-one meetings through video calls or physically.
- Negotiation and Due Diligence:
Once investor gives commitment, negotiations & due diligence will take place. AY Ventures will assist in the negotiation process and guide you through due diligence, ensuring that last minute communication gaps won’t hurt the deal making.
- Deal Structuring:
AY Ventures will also help in structuring the deal, including terms and conditions, valuation, and other key aspects. This is a crucial step in reaching an agreement that benefits both the startup and the investors.
- Closing the Deal:
Once negotiations are successful and terms are agreed upon, the deal is closed. This involves finalizing legal documents, transferring funds, and formalizing the investment agreement. We will stay with you till the funds arrive in your account.
- Weekly Fundraising Update Report:
While your fundraising is ongoing, we’ll send a fundraising update report by mail to you each week where you can see the response of each investor and the entire list of investors you have been connected with.
You can go through our fundraising process document to see how this works on a practical level- https://docs.google.com/document/d/12fk_VY1M990XoXA4mnfsc8J6_A4hbIPsJSHqkfjPCTI
Our minimum ticket size is 5 lakhs INR and the maximum ticket size is 2000 crore INR. Although if the startup is at a late stage, we can connect with bigger VCs and Private Equity Funds to raise an even larger round. We can easily fundraise for startups from Pre-Seed till Pre-IPO for any amount of funding.
We can facilitate connections with over 40-50 investors every month, tailored to the specific sector and ticket size of your company.
Our typical fundraise requires 3 months. It might extend to 6 months for specific sectors and during funding downturns in the market.
We charge 1-5% success fees in equity funding, depending on how much you are looking to raise.
AY Ventures offers assistance in a variety of services:
- Pitch Deck Creation
- Business Plan Development, Financial Projections & Valuation Report
- Market Research Report
- Detailed Project Report
- Startup India Registration Certificate
- Startup Tax Exemption Certificate
- UDYAM/MSME Registration
- Company Incorporation & Compliances
- AWS/Cloud Hosting Credits
- Incubation Support
- Acceleration Support
- Equity Funding
- Angel Funding
- Debt Funding
- Grant Funding
- Investor/Grant Database
Yes, we have signed MOUs with top incubators in India to provide mentorship support to founders. They have programs which assist early stage startups in validating their idea, building MVP and launching to get initial customers and funding.
We take 7 working days to complete your pitch deck and 2 working days to complete the financial model. If you are in a hurry and need documents on a priority basis, we are happy to provide them faster at an extra charge.
Yes, we do.
Yes, if you buy multiple services from us, we can generally provide 10-55% off. We also have group buy offers where if you bring another founder with you who needs similar services, we can give up to 10% additional discount to both.
Yes, for our document creation services like pitch decks, business plans, market research reports, detailed project reports, etc we have milestone-based payments where you may pay in instalments based on project completion. Since other services are very short-term or very long term like funding, there is no instalment system available. Although you may pay using Credit Card EMIs.
Grants and related schemes are government or private institution programs that provide startups and MSMEs with grants, loans, subsidies, special benefits, etc. These may be under large programs and initiatives taken by the government like Make in India or Startup India or maybe by local or state government bodies. You may also get them under CSR or welfare by private institutions or as grants from non-profit organizations that want to fund impact-focused projects. Each scheme has its own eligibility criteria as well as structure and benefits. Some of these also provide completely non-refundable grants as well where you can receive anywhere between 1 lakh to up to 10cr funding. AY Ventures tracks all such schemes and can help you apply in all of them in one go.
We are currently tracking about 100+ schemes and programs in India that provide grants, loans and subsidies. Their applications open at least once a year and are actively funding startups and MSMEs.
Since most Indian institutional investors do not actively invest in pre-revenue stage companies, we will help you raise funds from angel investors, incubation centres, accelerators and Government grants & schemes instead. This generally takes 1-2 months.
As of October 2024, we are proud to say that we have helped 52 startups get incubated in Incubation centres around India, including well-known centres like AIC Bimtech, Veltech TBI, Pre Play, CV Raman, Shivnadar, IIT Ropar, DBT ILS Bio Incubator, etc.
We help startups and companies in creating all documents related to fundraising and beyond including pitch decks, business plans, financials, MIS, valuations, projections, market research reports, detailed project reports (DPR), etc.
Yes, due to very high demand, we have started helping companies with their compliances and taxes as well. We bring the same level of quality, transparency and budget-friendly service to CA services as we have in our fundraising services. We can help in the incorporation of your company, GST registration and filing, TDS return, annual compliances and audits.
For fundraising, you don’t need to pay anything upfront for equity and debt funding. For the rest of our services, you can pay 50% in advance and the remaining 50% upon service completion. The only exception to this is incubation, where you’ll have to pay the entire amount upfront due to a lot of work that needs to be done by our team.
Once you get onboarded, you’ll be assigned an account manager whose only job will be to look after your work and keep track until you are completely satisfied. The Account Manager will sign a mandate with you if necessary and then create a WA group with you. Other AY team members would be added to the same group to coordinate for your services. We have different POCs for each service to ensure maximum efficiency of service delivery to you.
Our mandate already has dedicated clauses to cover NDA and confidentiality. This will be signed with you before any documents exchange hands.
Yes, we always sign mandate agreements with all clients during onboarding.
Since your startup is currently not generating revenue, it might be challenging to attract high-net-worth investors or venture capital firms. However, a good alternative is to apply to various Incubation Centers and non-refundable grants. These programs can provide you with a grant of up to 2-3cr. Additionally, many incubators offer technical support, mentorship, free/discounted office spaces, lab spaces, AWS credits & connect with angels. By securing funding & support from incubation centres, you can validate your business and launch it to generate early revenue, making it easier to approach other bigger investors for future rounds.
Yes, we do not charge any upfront fees for our equity and debt fundraising services. We only charge 1-5% post-funding success fees for equity and 0% for debt. For companies that don’t meet our equity or debt funding criteria like pre-revenue companies, we help in incubation and grants for which we charge a one-time service fee. Since grant-giving organizations don’t allow founders to use their grants to pay for consulting fees, there is no legal way for us to charge success fees. Even if we find a loophole, it jeopardizes founders' chance to get the rest of the funds which can be blocked if rules are broken. Hence we charge a very reasonable service charge with a high chance of success based on our previous grant funding record.
In situations like this, we offer to do market research first since the founder needs to confirm market viability first before investing any time or resources. We help the founders by gathering information about their market, checking who else is offering similar products or services, how they're different, and what the business model should be. After we've thoroughly evaluated their business, we share a final report with the founder. If they're happy with it and want to go ahead with the idea, we then help them in creating documents needed for funding and grants. If it's too early for investment, we connect them with incubation centres that provide free/discounted office space, hardware labs, cloud computing credits, mentorship and grants. This helps them in bringing their idea to market and validate it with mentorship. Eventually when they are ready for funding, we help them in that too, supporting them every step of the way.
We are sector-agnostic. But every now and then we prioritise specific sectors based on current investor preferences.
Sorry, but we cannot provide a number here since all companies and sectors are different. But north of 25% would cause problems for you in the long run. Dilute as little as possible if you plan to raise future rounds as well or dilute whatever is necessary if it's your only funding round. Just remember that you can always raise another round but you cannot get back equity you have already given away.
We specialise in assisting startups with raising debt funding and loans from a variety of sources, including banks, NBFCs, revenue-based financing and venture debt firms. The interest rates offered may vary depending on the institution and type of loan but the lowest schemes start at around 8.5% pa.
These are the basic documents you need to get started-
- Last 6-12 months bank statements
- Company and Director KYC documents like PAN, Aadhar, Certificate of Incorporation, etc
- Ongoing loans data
AY Ventures provides incubation support in partnership with Incubation centers. These are organizations or institutes that support the growth and development of startup companies, typically providing them with resources, mentorship, networking opportunities, and funding. These centers are often affiliated with universities, government agencies, corporate entities, or independent organizations. They play a crucial role in nurturing early-stage startups and helping them navigate the challenges of building a sustainable business. Some examples are AIC Bimtech, AIC SNU, Amity Incubator, CIIE Ahmedabad, IIT Kanpur, T-Hub Hyderabad, etc.
We help in connecting you with 100+ incubation centres in one go. Our aim is to help you secure grant funding through these. Additionally, we facilitate introductions to mentors, provide support in obtaining office space, offer cloud credits, and guidance throughout the process.
Accordion Content
AY Ventures facilitates the process of obtaining grants through the following steps:
- Identification of Relevant Incubators & Grant Schemes:
We help identify suitable incubation centres & grant schemes that you are eligible for based on your startup industry, history & stage. - Application Assistance:
Our team assists in preparing, filling & submitting the application forms to these incubators & grant schemes, optimizing your chances of securing grant funding. - Direct Communication:
We go the extra mile by directly connecting you to the incubation centers, either through calls or messages. This aims to enhance your visibility and fast-track the evaluation process. We essentially skip the application process for nearly 70% of incubators & schemes through this step. - Follow-Up and Coordination:
We actively follow up on your application, coordinating with the incubation centers to address any queries and provide supplementary information as needed. - Strategic Guidance:
Throughout the grant application process, AY Ventures offers strategic guidance to optimize your approach, increasing the likelihood of a successful outcome. - Updates over Email:
To maintain full transparency with the founder and to keep you updated about the progress, we’ll mail you all updates and provide a list of all incubators & schemes we have applied for. - Grant Disbursal:
We’ll be there throughout due diligence and fund disbursal until the very end to support you in any way needed.
As of October 2024, we are connected with 165 Incubators and we have signed MOUs with 43 incubators. These include big names like GSF, Amity, IIT Kanpur, IIM Bangalore, AIC Bimtech, etc.
Yes, we have established connections with international incubators and accelerators as well to support startups outside India.
As of October 2024, these are some of the startups we have helped in funding-
- Klassroom (Edutech)
- JJ Tax (Fintech)
- Greensat (Agritech)
- Bharat Krushi Seva (Agritech)
- Docnmeds (Healthcare)
- Labourhome (HR / Impact)
- DataTrained (HR)
- Mechstore (Hardtech)
- BuybyScrap (Cleantech)
- Vocbot (B2B SaaS)
- Hunarmand India (HR / Impact)
- Gaon Restaurant (Hospitality)
You can buy tickets on BookMyShow or Paytm Insider to get direct entry. Just search for AY Ventures on these websites.
Or you can register through the link below and wait for approval which will come on your WhatsApp 1-2 days before the event.
We would be a little biased to answer this, but we believe you should only raise funding when you really need it and when you are confident it will help your company grow to the next milestone. Don’t rely on trends or advisors to decide this, do your own research and don’t rush into it.
The good thing about not charging upfront fees for funding is that we don’t have to give refunds. We only earn money when you successfully raise funding with us.
For our services like pitch deck creation or incubation, none of our customers since the very beginning have ever asked for a refund. But if you remain unsatisfied with our services still, we give unlimited edits until you are completely satisfied. Plus to top it all, you only have to pay 50% advance for services, hence incentivizing us to give you 100% satisfaction.
AY organises startup networking events in various cities and online. They have an introduction session where attendees get to tell about themselves and then an open floor networking session where you can maximise networking and discussions. We sometimes also have expert sessions before introduction at some events. These events are attended by founders, business owners, ecosystem partners & investors.
https://go.ayventures.in/partnerships
You can fill out the form above and our Partnership Head will reach out to you shortly to discuss how we can collaborate and the benefits of partnering with us.
No, we only focus on fundraising for companies as of now.
As of October 2024, we have 54 debt partners including Banks, NBFCs, Venture Debt firms, Revenue-based financing firms, etc.
Accelerators are institutions that specially focus on helping early-stage companies and pre-revenue startups get initial support in the form of funding and mentorship. They also help growing companies get their first outside capital to gain traction and be ready for a proper institutional round. Apart from this, accelerators also provide connects with angels, credits/discounts for cloud hosting and other SaaS tools, alumni community, etc. Some famous accelerators include YCombinator, Techstars, 500 Startups, 100x.vc, etc
Not everything you read on the news is accurate or true. Being an industry insider we can confidently say that most funding news articles are sponsored by the companies themselves to get PR benefits and to help them raise even more money in current/future rounds. That being said, such companies generally get funding not because of the stage they are in but because of other factors at play in the background, including- experienced founders, well-connected founders, patents, capital-intensive startups like space tech, deep tech, health tech, etc and luck. And not all of these rounds are good due to high dilution at an early stage and investor pressure from day one. Your startup journey is unique so do not let trends guide you. Our suggestion for early-stage companies is to raise through these options- incubators, accelerators, grant schemes, angels, friends & family, bootstrap, etc.
Only as much as you need for the next 18-24 months or for however long it would take you to reach the next milestone required for the next round. Raise more if startup funding has been slowed down to create a buffer and raise less when startup funding is easily available. But don’t raise any more than required to avoid equity dilution. Since each startup is unique, we’ll be better suited to answer this once you work with us.
AY Ventures has worked really hard to ensure that founders get a genuine chance to pitch their company and get an opportunity to raise funding from genuine investors. Over the last 3 years, we have expanded our services & reach and have served 100s of founders in their journey successfully and have build solid relationships with with 1000s of investors. Here are some very specific things that make us unique and which can help you choose us more confidently-
1) Extensive network of 1300+ Equity Investors, 60+ Lending Institutions, 165+ Incubation & Accelerators and 100+ Grant Funding Schemes with deep relationships built over 3 long years.
2) MOUs with 43 incubators for faster application processing
3) All 3 options of funding in one place- Equity, Debt and Grants
4) Real Meetings with Top Investors & Institutions
5) Automated Fundraising Update Reports on Emails to maintain full transparency with founders, giving them full tracking of everything.
6) Use of Matchmaking algorithms to ensure nobody is connected with the wrong investor, ever.
7) Using our experience of sitting in 1000s of investor meetings to create fundraising documents like pitch decks & business plans that increase your chances of funding.