The purpose of the India Fund Fest is to identify the most fundable startups of 2020 in India to promote and reward high-growth, innovative ventures that have the potential to grow and thrive in India. The Fund Fest is for new, independent ventures in the pre-seed, seed, startup or early-growth stages or for the expansion of an existing business into a new high-growth market. The complete focus is to showcase the Most Fundable Startups to interested investors in an environment that enables meaningful interaction and positive and tangible results. Natio Cultus Consultancy Pvt. Ltd and its brand India Fund Fest requires each team to agree to the following terms and conditions. Disqualification and/or forfeiture of any prizes/exposure/opportunities can result for team entries that fail to comply with these terms and conditions.

The deposit charged to the ventures who have got the deal with the investors in the Finale marks the initiation of the due diligence process and marks commitment from entrepreneur’s end towards the deal made. This amount is adjustable with referral fee charged to the entrepreneurs once the funds are transferred. In case of any deviation from the investor’s end, the amount is refundable. However, in case of any material non fixable terms, different from wat founders presented prior to the deal, the amount will not be refunded.

Participants agree to waive all claims against the India fund fest 2020 organizers and Natio Cultus Consultancy Pvt. Ltd., any and all judges, reviewers, mentors, other sponsors, and/or participants in the startup fund fest for any actions that occur as part of, arise out of, or are in any way related to participation in this startup fund fest. Participants understand that no confidentiality of any information is provided, and that protection of highly confidential trade secret information and other intellectual property is the responsibility of the fund fest applicants/participants. The India Fund Fest organizers and Natio Cultus Consultancy Pvt. Ltd will require fund fest judges, mentors, or reviewers in the fund fest to sign nondisclosure documents. All participants are urged to seek professional guidance on the type of information that should be included in their startup fund fest submissions. The India Fund Fest organizers and Natio Cultus Consultancy Pvt. Ltd and its officers assume no liability for release of confidential information to the investors, judges, mentors, or reviewers. All submissions become the property of the India Fund Fest organizers and Natio Cultus Consultancy Pvt. Ltd and will not be returned to the teams. Participants are strongly advised to keep their own copies of all submitted materials. Participants grant to the India Fund Fest organizers and Natio Cultus Consultancy Pvt. Ltd. the right to make photographs, audio recordings, and/or video recordings of all program events or meetings, and further grant to the India Fund Fest organizers and Natio Cultus Consultancy Pvt. Ltd. the unlimited right to publish, without compensation, participants’ and company names, submitted materials, photographs, audio recordings, and video recordings for educational, promotional, public relations and advertising purposes so long as it does not infringe the participants intellectual property and the confidentiality clauses. All decisions made by the judges on all matters relating to the India Fund Fest 2020 are final. The India Fund Fest organizers and Natio Cultus Consultancy Pvt. Ltd, at their discretion and without prior notice to the competitors, reserve the unrestricted right to interpret these rules and to alter, amend or change fund fest rules, conditions or awards.

Generally excluded are the following: buy-outs, real estate syndications, tax shelters, franchises, licensing agreements and spinouts from existing corporations.

Prior to receipt of any funding, teams must provide documentation that the business has the legal right to use any and all intellectual property referenced in their business plan. If incorporated, the business must provide documentation specific and relevant to incorporation.

• Register for free on India Fund Fest website
• Business Experts will get in touch with participant for their elevator pitch
• The participant can be selected for Pre-Finale or Rejected
• In case of selection for Pre-Finale, the participant will be required to pitch in front of Jury
• Depending upon the results in the Pre-Finale, the entrepreneur can get direct entry to the Finale or can be suggested to fill gaps identified by the Jury
• Submission of documents (Pitch Deck, Business Plan, Financials, Valuation Reports etc) will be followed in case of selection for Pre-Finale & Finale
• After coaching by internal experts through Investor Readiness Bootcamp, the entrepreneurs will meet the investors 1 week prior to the Finale
• Finale includes Pitching Sessions directly to Investors by Top 10 companies shortlisted by the Jury
• The ventures who get the deal in the Finale will be required to sign one-page deal sheet along with investor with whom the deal is struck. The sheet includes basic terms agreed upon in the show
• The companies who get the deal will have to deposit INR 50,000 to initiate the due diligence process (the fee is non-refundable)
• The companies have 90 days exclusivity to close the deals made with the investors. The 90 days are for completing the due diligence process and investors having exclusivity to the deal made

While there is no restriction on the total size of each company team, participants may not join more than one team. All team members are expected to be active participants throughout all phases of the Fund Fest. Company team members may not be added after an applicant is accepted into the Fund Fest. Company team members refer primarily to founders, c-suite officers (CEO, CTO, CIO, etc) and employees.

• The judging panel is comprised of individuals representing the investment/angel community, entrepreneurs, and corporate stakeholders. The same judging panel reviews all phases of the Fund Fest. During any phase of the Fund Fest the judging panel may solicit additional information prior to making a decision.
• The Fund Fest will follow a posted schedule. All posted deadlines will be strictly enforced. Each team admitted into the Fund Fest must have at least one team member participate in the finale.
• Pitch requirements for each pitch presentation will be provided to participants once a company team is accepted into the Fund Fest. Pitches generally are expected to be around 5 minutes. a live pitch presentation to the business and financial expert.
• Teams with qualifying scores from the screening stage will advance to the pre-finale and are eligible to proceed to Finale to get funded. Advancing teams will receive an assessment report on their funding readiness with suggestions on how to fill gaps. There will also be suggestions on the company’s business plan to incorporate into their finale pitch and business plan submission.
• There is no implied or other guarantee of funding to any of the participating Entrepreneurs or/and finalists, by India Fund Fest, Natio Cultus Consultancy Pvt. Ltd. or any of the investors or participants in the India Fund Fest.

Participants understand that the Top Most Fundable Startups 2020, will be required to provide the India Fund Fest organizers and Natio Cultus Consultancy Pvt. Ltd. with documentation that verifies specific requirements prior to pitching in the finale, including their Pitch Deck, Financials, Video & any other specific certifications related to the company.