Bangalore was ranked 15th in the Global Startup Ecosystem Ranking by San Francisco based research firm Compass, with a total of $2.256 billion of venture investment.
Amper as a high productivity Platform as a Service (hpaPaaS) for building applications at a fast pace was helpful to build a platform that enables venture capitalists and start-ups to come together to achieve their business goals, up and ready in very little time.
A startup wanted to build a virtual connecting platform that would facilitate meeting between idea makers and idea funders to convert ideas to successful businesses. The system had to be built and rolled out in very little time to capture the growing market need. To achieve this a platform that provides the following was required.
The Deal Discovery Platform brings Investors and Entrepreneurs together on to a common platform, so that both of them can achieve their respective goals.
The platform, while being extremely secure, allows the entrepreneur to provide all necessary documents to the prospective investors in a controlled manner. For example, a start-up may decide to ask to sign a specific NDA (Non-Disclosure Agreement) before they present something. The built-in secure document repositories combined with process flows make this possible by providing the scalability and security of the documents.
The solution’s Patent Pending technology creates a Start-up Risk Profile that provides an extra edge to the platform along with stringent security and scalable business rules, which is a great value-add to the investors.
The solution allows both the parties to register and define the requirements based on the sector, risk factors, and funding amount. The system contains a large number of processes such as process of submission, acceptance guidelines, pitch and presentation including meeting request management and acceptance of legal procedures.
The venture capitalists hold some interest in a particular industry or specified projects. The area of interest may vary. They invest in start-ups matching their investment preferences. For example, the preferences can be:
The Entrepreneurs require fund for building their business. They also can have some preferences for choosing the venture capitalist. The preferences can be:
The two parties mentioned above are spread out and they do not have communication with each other. The solution brings them together under the same roof and allows them to achieve a win-win situation.