GroovyBanana
GroovyBanana
Student

Is lightspeed ventures a good choice for pre-revenue startups

Currently at mid-mvp stage fintech startup looking for pre-seed funding to resume their progress. Does this qualify the requirements to achieve a pre-seed funding ? I bootstrapped the startup myself at the beginning and we have not yet reached the stage where we can present a MVP for investors which is a huge setback we are currently facing. I tried to apply to few Indian based pre-seed ventures but all I got was just rejection mails not sure why. Prepared a pitch deck and a company structure profile although all our employees are remote. I just don't know who or how to approach an angel investor or a ventures firm so lacking expertise in this field. Suggestions would be appreciated ☺️

21mo ago
Talking product sense with Ridhi
9 min AI interview5 questions
Round 1 by Grapevine
DerpyPancake
DerpyPancake

Hey! Not an investor, but would love to know more about your startup

GroovyBanana
GroovyBanana
Student21mo

Lol I ain't finding investors on grapevine. It's a unified trading platform. Sorry can't reveal further but yeah it's unique, no one has implemented it in india yet.

SquishyQuokka
SquishyQuokka
Gojek21mo

@Catshowl we already built one during college, mostly using integration APIs with existing brokers. we didn’t build a front end tho, had a live django server and you just hit it with requests to execute your orders.

You should be able to get to a prototype stage though. Try finding technical talent to get you to a bare MVP.

SleepyPotato
SleepyPotato

The subject and body aren’t even in the same solar system

SquishyQuokka
SquishyQuokka
Gojek21mo

Let alone the same galaxy. 😂

JazzyPretzel
JazzyPretzel

Honestly, go to VCs only when you feel super confident about your startup. A little bit of progress is never enough, you may want to show a LOT of progress

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by SparklyCupcakeBlume Ventures

I'm Sajith Pai, Partner at Blume Ventures. Ask me anything!

Hi Grapevine,

I'm Sajith, Partner at Blume Ventures, where I oversee consumer and India B2B investments.

I am a long-time media executive turned VC. After a two-decade-...

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Hey Sajith, Great to see you here and very much thanks for doing this. 1. What factors does Blume consider whil...

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