What do we look for?
Generally, our investing members are most interested in start ups that have the potential to generate venture-scale returns, and they have expressed a preference for companies that meet the following criteria:
- India-based companies/companies doing business in india whose value proposition is enabled by innovative software or hardware technologies or disruptive business model.
- Companies that are raising no more than US $1M, with a maximum pre-money valuation (or pre-money cap, if raised on a convertible note) of US $5M.
- One or more investors with relevant domain expertise have already committed capital to the company, or an angel group/ venture capital firm of repute is leading the round.
- However, we are not strictly bound by the above criteria and are open to evaluating innovative companies that excite our members.
All investment opportunities go through the following process:
- Initial qualification by the SA&E India investment committee: this step may involve email exchanges, or a phone call / video chat / in-person meeting depending on the nature of the opportunity.
- Pitch meeting: Tthe company presents to SA&E India members who are interested in learning more about the opportunity.
- Due diligence: If at least two SA&E India members are interested in investing in the company, SA&E India would coordinate the due diligence process, focusing on the key questions identified by the members.
- Terms discussion and closing: If all goes well, the investing members would proceed to discuss investment terms with the company and work towards closing the transaction individually. If the company has already received a term sheet from a lead investor by this time, the members would likely (but not necessarily) choose to invest under the same terms.
- Information rights letter: the company grants information rights to the SA&E India leadership team such that the group can forward management updates to the members who have invested in the company.
Unless the company objects (such as wishing to remain in stealth mode), the company logo is listed on the SA&E India website. A company is considered part of the SA&E India portfolio if it has received investments from at least two SA&E India members.