FAQs
FAQs
FAQs
Frequently Asked Questions
Frequently Asked Questions
Frequently Asked Questions
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Operations
What happens in the program?
Visit the program page for more details
Who do you invest in?
We are open to any Indian company or team raising pre-seed capital.
How do you give funding?
Fill out the application on the Apply page to get started
How much do you invest?
We have standard terms of investing 1.5 Cr for 9% of the company.
Do you only give the funding during the batch?
We run the investment process as and when the company is accepted. We don’t wait till the batch starts. Our investment process and terms are simple, standard and straightforward.
How much time will the program take?
The program will take place over a few months. The weekly time commitment will be a few hours at most. We hope the program is actually beneficial for our invested founders in setting direction.
Will I need to move to do the program?
You will be invited to a meetup at the beginning and end of the program in Pune. You need not relocate from where you are.
What can I use the investment for?
Ideally, anything that increases the odds of succeeding. We expect our founders to be thoughtful about their spend. The usual uses of the investment are paying founder and team salaries and technology and operational requirements.
What are your Application Criterias?
I don’t have a company or a product. Am I too early?
If you have an idea, that is good enough to apply.
I’ve already raised funding. Can I apply?
As long as you have not raised a round greater than 8 Cr, you can apply. Even if you have some early revenue or traction, you can be a fit for the Founders Compass program.
Do you need a team to apply?
Solo founders are most welcome to apply. In cases where the founder is solo, we encourage them to understand the space they are building in technically.
Can I do ajvc part-time?
You can apply and be accepted to the Founders Compass program while working or studying. Once accepted, we expect you to build your company full-time.
Company Operations
Do I need to incorporate while applying?
You don’t need to have an active company while applying. Once you get accepted, you will need to incorporate to accept funding from us. We will help and assist with the incorporation process. PS: While filling the application form you can say 'yet to be incorporated' when we ask for your company name.
Can I apply with a non-indian company?
ajvc predominantly invests in Indian-incorporated entities. We may make exceptions for other jurisdictions like Singapore or the US.
Operations
What happens in the program?
Visit the program page for more details
Who do you invest in?
We are open to any Indian company or team raising pre-seed capital.
How do you give funding?
Fill out the application on the Apply page to get started
How much do you invest?
We have standard terms of investing 1.5 Cr for 9% of the company.
Do you only give the funding during the batch?
We run the investment process as and when the company is accepted. We don’t wait till the batch starts. Our investment process and terms are simple, standard and straightforward.
How much time will the program take?
The program will take place over a few months. The weekly time commitment will be a few hours at most. We hope the program is actually beneficial for our invested founders in setting direction.
Will I need to move to do the program?
You will be invited to a meetup at the beginning and end of the program in Pune. You need not relocate from where you are.
What can I use the investment for?
Ideally, anything that increases the odds of succeeding. We expect our founders to be thoughtful about their spend. The usual uses of the investment are paying founder and team salaries and technology and operational requirements.
What are your Application Criterias?
I don’t have a company or a product. Am I too early?
If you have an idea, that is good enough to apply.
I’ve already raised funding. Can I apply?
As long as you have not raised a round greater than 8 Cr, you can apply. Even if you have some early revenue or traction, you can be a fit for the Founders Compass program.
Do you need a team to apply?
Solo founders are most welcome to apply. In cases where the founder is solo, we encourage them to understand the space they are building in technically.
Can I do ajvc part-time?
You can apply and be accepted to the Founders Compass program while working or studying. Once accepted, we expect you to build your company full-time.
Company Operations
Do I need to incorporate while applying?
You don’t need to have an active company while applying. Once you get accepted, you will need to incorporate to accept funding from us. We will help and assist with the incorporation process. PS: While filling the application form you can say 'yet to be incorporated' when we ask for your company name.
Can I apply with a non-indian company?
ajvc predominantly invests in Indian-incorporated entities. We may make exceptions for other jurisdictions like Singapore or the US.
Operations
What happens in the program?
Visit the program page for more details
Who do you invest in?
We are open to any Indian company or team raising pre-seed capital.
How do you give funding?
Fill out the application on the Apply page to get started
How much do you invest?
We have standard terms of investing 1.5 Cr for 9% of the company.
Do you only give the funding during the batch?
We run the investment process as and when the company is accepted. We don’t wait till the batch starts. Our investment process and terms are simple, standard and straightforward.
How much time will the program take?
The program will take place over a few months. The weekly time commitment will be a few hours at most. We hope the program is actually beneficial for our invested founders in setting direction.
Will I need to move to do the program?
You will be invited to a meetup at the beginning and end of the program in Pune. You need not relocate from where you are.
What can I use the investment for?
Ideally, anything that increases the odds of succeeding. We expect our founders to be thoughtful about their spend. The usual uses of the investment are paying founder and team salaries and technology and operational requirements.
What are your Application Criterias?
I don’t have a company or a product. Am I too early?
If you have an idea, that is good enough to apply.
I’ve already raised funding. Can I apply?
As long as you have not raised a round greater than 8 Cr, you can apply. Even if you have some early revenue or traction, you can be a fit for the Founders Compass program.
Do you need a team to apply?
Solo founders are most welcome to apply. In cases where the founder is solo, we encourage them to understand the space they are building in technically.
Can I do ajvc part-time?
You can apply and be accepted to the Founders Compass program while working or studying. Once accepted, we expect you to build your company full-time.
Company Operations
Do I need to incorporate while applying?
You don’t need to have an active company while applying. Once you get accepted, you will need to incorporate to accept funding from us. We will help and assist with the incorporation process. PS: While filling the application form you can say 'yet to be incorporated' when we ask for your company name.
Can I apply with a non-indian company?
ajvc predominantly invests in Indian-incorporated entities. We may make exceptions for other jurisdictions like Singapore or the US.
Operations
What happens in the program?
Visit the program page for more details
Who do you invest in?
We are open to any Indian company or team raising pre-seed capital.
How do you give funding?
Fill out the application on the Apply page to get started
How much do you invest?
We have standard terms of investing 1.5 Cr for 9% of the company.
Do you only give the funding during the batch?
We run the investment process as and when the company is accepted. We don’t wait till the batch starts. Our investment process and terms are simple, standard and straightforward.
How much time will the program take?
The program will take place over a few months. The weekly time commitment will be a few hours at most. We hope the program is actually beneficial for our invested founders in setting direction.
Will I need to move to do the program?
You will be invited to a meetup at the beginning and end of the program in Pune. You need not relocate from where you are.
What can I use the investment for?
Ideally, anything that increases the odds of succeeding. We expect our founders to be thoughtful about their spend. The usual uses of the investment are paying founder and team salaries and technology and operational requirements.
What are your Application Criterias?
I don’t have a company or a product. Am I too early?
If you have an idea, that is good enough to apply.
I’ve already raised funding. Can I apply?
As long as you have not raised a round greater than 8 Cr, you can apply. Even if you have some early revenue or traction, you can be a fit for the Founders Compass program.
Do you need a team to apply?
Solo founders are most welcome to apply. In cases where the founder is solo, we encourage them to understand the space they are building in technically.
Can I do ajvc part-time?
You can apply and be accepted to the Founders Compass program while working or studying. Once accepted, we expect you to build your company full-time.
Company Operations
Do I need to incorporate while applying?
You don’t need to have an active company while applying. Once you get accepted, you will need to incorporate to accept funding from us. We will help and assist with the incorporation process. PS: While filling the application form you can say 'yet to be incorporated' when we ask for your company name.
Can I apply with a non-indian company?
ajvc predominantly invests in Indian-incorporated entities. We may make exceptions for other jurisdictions like Singapore or the US.
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© 2024 ajvc Fund. Fund Manager: Founders Compass Ventures LLP. All rights reserved.
Subscribe
Join our newsletter to stay up to date on what's happening in the Indian startup ecosystem
By subscribing you agree to with our Privacy Policy and provide consent to receive updates from our company.
© 2024 ajvc Fund. Fund Manager: Founders Compass Ventures LLP. All rights reserved.
Subscribe
Join our newsletter to stay up to date on what's happening in the Indian startup ecosystem
By subscribing you agree to with our Privacy Policy and provide consent to receive updates from our company.
© 2024 ajvc Fund. Fund Manager: Founders Compass Ventures LLP. All rights reserved.
Subscribe
Join our newsletter to stay up to date on what's happening in the Indian startup ecosystem
By subscribing you agree to with our Privacy Policy and provide consent to receive updates from our company.
© 2024 ajvc Fund. Fund Manager: Founders Compass Ventures LLP. All rights reserved.
Subscribe
Join our newsletter to stay up to date on what's happening in the Indian startup ecosystem
By subscribing you agree to with our Privacy Policy and provide consent to receive updates from our company.
© 2024 ajvc Fund. Fund Manager: Founders Compass Ventures LLP. All rights reserved.