91springboard is an incubator and accelerator program that provides funding, mentoring, coworking space, and other services to startups. It has incubated or engaged with over 200 startups. The incubator has 6 full-time mentors with startup experience, provides up to 100 lakhs in funding per startup, and a 10,000 sq ft coworking space. It hosts various events to connect startups to potential partners, customers, and investors. The team of entrepreneurs have diverse skills and experience across industries to support startups. 91springboard follows a thorough selection process to identify promising startups for its incubation program.
1. Welcome to 91springboard
Fund. Incubate. Accelerate.
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2. 91springboard – success by the numbers
6
Full-time mentors with
8
startups already incubated or
solid startup experience co-working from 91springboard
150+
Mentors with industry and
1 200+
startups already engaged with
Startup that all of
functional expertise these numbers by 91springboard
matter for - Yours
10,000
sq ft for startups, events and
100
Up to 100 lakhs available for
on-site service providers funding for each incubated startup
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3. 91springboard brings together all elements
of the startup ecosystem
ACCELERATE
Cool events
(GOAP,
INCUBATE
ReversePitch) to
6 successful build your
entrepreneurs entrepreneurial
FUND network
working full time
From the first 10,000sq/ft of High energy co-
check through built-out space working / co-
to Series A learning space
A mentor for over 30
Backed by network over companies
respected 150 strong
investors Shared and value
24x7 operations added services
Well connected in a work-hard / available in house
to follow-on and play-hard
co-investment environment
sources
3
4. The team - passionate entrepreneurs with
diverse and complementary skills
Tried and true experience Diverse and complementary skills
• Entire team has successful start- • Skills in all aspects of management,
up experience at a founder and/or operations and marketing allows the team
CxO level to actively support a variety of startups
• Existing incubator experience • Distinctive skill sets in technology,
including screening and exits telecoms, healthcare and consumer
• Track record of generating marketing
compelling IRRs • Significant banking and consulting
experience
Networks Passion
• Strong entrepreneurial networks in India and Silicon Valley • Large team of full-time committed, successful
• Top university and alumni networks both in India and the US entrepreneurs
• Extensive mentor network of industry experts, investors and • Shared vision to build India’s leading
entrepreneurs incubator with multiple locations across India
+
over 150 mentors to support every, industry, function and aid business development
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5. The team - passionate entrepreneurs with
diverse and complementary skills
Team at a glance
Education: Cornell M.S. Stanford B.A. NYU B.S Stanford B.Tech, MBA – B.Tech, VIT PGP IIM(A)
University M.A. Stanford M.S. Stanford Symbiosis Pune University B.Tech &
M.Tech IIT Delhi
Industry Goldman Sachs Caldera Filmmaker McKinsey & Co Rocket Internet, Whats Up Lehman Bros.
Experience: Siddharth Medical Telewest UK Gmbh Bharat!
/Interserve iYogi Inc, Tyroo
Travels
Myguest- Caldera EIR at YouWeb Founder - Scientific Head Digital ngoFuel, Established India’s
Startup house.com; Medical AGAWI Animations, Marketing – What’s Up first accelerator at
experience: Audeamus Worked with FabFurnish.com Bharat CIIE
Capital; your numerous startups (Rocket Internet), Involved with over
personal including: Consultant- 80+ startups
concierge; Taira Kamahoo.com, Shopatplaces.com, Led 35+ investments
Media Teq Candesic UK, in startups .
Helped 15+ startups
Sold myguest- Caldera is Chief Assistant to Delivered 15x in Delivered 30% Among Top
Track raise follow-on
house.com to $10m in academy award Scientific CIR (Cost to 30 student
Record rounds.
MakeMyTrip; revenue; 6 film maker Mira Animations Income Ratio) for entrepreneur
Managed the 1st exit
raised funds patent app. Nair FabFurnish s of India
for CIIE – 4.5x
for 5 startups; In process
returns in 2 years
Product devpmt; Screening, Storytelling, Operations, Digital Networking, Fundraising, exits
Unique
team buidling; due Branding, communication, Marketing, ROI due diligence,
skillsets Performance business
business model diligence design consulting,
engineering thinking people devpmnt Improvement models 5
6. Welcome to the new entrepreneurs hub; build
success and enjoy the journey
Incubation / Services
funding
Events Co-working
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7. An incubatee company receives a lot more
than just money at 91springboard
Benefits on incubation at 91springboard
Up to 60-100 lakhs of funding for startups; We can bring in co-
Ample funding investors if needed
Being an entrepreneur can be lonely; 91springboard helps you
A Community feel connected through co-working with other startups and
regular events with the rest of the entrepreneurial community
Incubated companies get access to shared services, vendor
Services lists, and the largest, coolest co-working space in Delhi
Mentorship from seasoned entrepreneurs who are dedicated
True Mentorship full-time to 91springboard and who can tap into an extended list
of over 150 industry pros
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8. Hangouts, Hackathons & Happy hours - 91S
events connect you to the startup community
Types of events at 91springboard
A large open hangout space allows for beer parties, training classes or talks
• Classes – keep your self up to date on
management techniques and industry
trends with 91springboard classes
• Talks – get advice straight from the source
when we invite mentors and industry pros in
to give talks
• Mixers – enjoy mixers with the rest of the
startup community and build your peer and
mentor networks
• Hackathons and gaming nights – Let your
geek side loose and win cult status amongst
your peers
“A new friend, a business partner, your future spouse, a
potential employee – you never know who you’ll meet at a
91S event”
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9. 91S supports companies through its infrastructure,
vendor relationships, and mentors
Types of support / services available through 91springboard
Available to : Description :
• Our mentors and mentor networks can help
you to think through any business challenge.
Incubatees only We can help you develop your strategy,
focus your resources, find new clients, and
Mentors prepare your case for further funding.
• An expansive list of vendors so you don’t
have to search for service providers for HR,
Vendor All
Admin, PR, Digital marketing, Legal etc.
Many of our service partners hold ‘office
relationships hours’ in house for fast, friendly advice so
that you don’t waste precious time on non-
core activities`
• All basic infrastructure requirements of an
Infrastructure All office including: desks, conf. rooms, power
backup, wireless internet, LAN, telephones,
security and, of course, free COFFEE
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10. We follow a four-step process when selecting
companies to fund
Funding process flow at 91springboard
Funding Decision
Deep Dive IC makes decision;
final terms
negotiated
Due Diligence:
Shortlisting
• Execution plan Term sheet offered
• Technology review and accounting/legal
Pre-Screening Qualitative • Market sizing and due diligence begins.
evaluation: segmentation
• Quality of team • Business model
High level filters: • Problem being solved (quantitative)
• Stage • Business model • Exit Options
• Funding needs • Size of market
• Sectors
• Team composition
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11. Bios of our tried and true team
Varun Chawla Anand Vemuri
• Magna Cum Laude from Cornell Univ. • MS in Mechanical Engineering, Stanford
• 5+yrs of Investment Banking experience University, 07’
with Goldman Sachs in U.S. and India • Led R&D at Caldera Medical
• Founder of myguesthouse.com
About Varun: About Anand:
Varun has extensive early stage experience, since 2005; as Anand was the second hire for the engineering team at
an intrapreneur, banker, failed entrepreneur and successful Caldera Medical, a Southern-California medical device startup
entrepreneur. He founded myguesthouse.com in 2009. that grew to over 40 employees. Having led R&D projects at
Varun has worked extensively in equity research covering Caldera, he has strong experience in market research,
the telecoms services sector for the Americas and later the product development, conducting early market testing, and has
ASEAN countries. six patent applications in process.
Track record: Track record:
• MyGuesthouse.com got acquired by MakeMyTrip in Hired as the second member of the engineering team in year
2011. It is a Technology driven Online Portal with an one of the company’s existence. Took over as the lead
exhaustive array of 3000+ quality budget engineer in March 2011. Complete life-cycle experience on six
accommodations across 150+ cities. implantable devices, four as the engineering manager. Caldera
• Has 4+yrs of fundraising experience for startups. grew to $7MM in sales in 2011, and was on track for $10MM+
• Serves as board member of Pennar Industries Limited, a in sales in 2012 as of June, when Anand left .
publicly listed company with a turnover exceeding Rs
1500cr.
Unique Skills: Unique Skills: Product management, product development,
Fundraising, Financial modeling, Investment banking, etc. IP protection, operations and supply chain management.
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12. Bios of our tried and true team
Priyanka Sharma Girish Khera
• BA from New York University and MA • B.S., M.S. in Environmental Engineering
from Stanford University from Stanford University
• Entrepreneur-in-Residence at YouWeb • 4 years Management Consulting in UK /
Incubator in California Europe with McKinsey & Co.
• Commercial manager – Telewest UK
About Priyanka: • Co-founder Scientific Animations
Priyanka began her career in film as the chief assistant to About Girish:
filmmaker Mira Nair. She went on to join Silicon Valley- Girish co-founded Scientific Animations, India’s premier
based incubator, YouWeb as an EIR where she wrote medical animation company. He has been involved with
Game Boys, a book chronicling the cradle-to-exit story of numerous other start-ups in India, the UK and the US. Girish
YouWeb's entrepreneurs (including Jason Citron of Open has worked in multiple countries as an engineer, management
Feint fame). After graduate school at Stanford she joined consultant, telecoms industry executive and entrepreneur.
Agawi, a cloud gaming startup focused on the post-PC era
of gaming, as Dir. of Marketing. Track record:
• Scientific Animations has delivered over 15x return
Track record: • Recognized face in Indian animation industry; selected by
• Serves on the Board of Advisors for Rover, a Top 20 Indian govt. as part of international showcase on Indian
Education iPad app on Apple App Store. animation
• Created and organized a conference with Ben Huh and • Commercial responsibility for delivering $700 million
the Knight Foundation about the future of media EBITDA in Telewest UK’s fixed-line telephony business
consumption at Stanford
• Worked with a team lead by David Kelley (founder of Unique Skills:
IDEO) on an AT&T sponsored project General operations, communication and design, growth and
innovation, consulting to start-ups.
Unique Skills:
Storytelling, Branding, Social Media, design thinking
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13. Bios of our tried and true team
Pushpendra Thakur Pranay Gupta
• B.Tech + MBA, SIMS, Symbiosis Pune • B.Tech and M.Tech, IIT Delhi, 05’ and
• 6+ yrs in Digital Marketing. PGP, IIM Ahemedabad, 07’
• Consultant & Mentor Shopatplaces.com, • Joint CEO, Center for Innovation,
Gliese Consulting & IMS Proschool Pvt Incubation and Entrepreneurship (CIIE),
Ltd IIM Ahemedabad
• Member – Insight Alpha (Expert Network)
About Pushpendra: About Pranay:
A Digital Evangelist with 6+ yrs of work ex in different Pranay has been leading the IIM Ahmedabad's incubator to
domais, from IT, Education, Digital Advertising, Ecommerce become the foremost organization in early stage incubation in
to Mobile. Certified Business Analyst. Active blogger, writes India. He has been instrumental in setting up and scaling
@ wizzidea.com, Guest blogger @ watblog.com etc. various programs at CIIE, including iAccelerator.
Selected for Indian Army , AIR – 19 (UES 15).
Track record:
Track record: • 4+ yrs with CIIE; established India’s first accelerator
• 30% CIR (Cost to Income Ratio) for FabFurnish • During his tenure, CIIE has invested in 80+ startups,
Pranay led 35+ of them.
Unique Skills: • Played an active role in helping more than 15 startups
• Digital Marketing (Strategy, Planning & Execution) raise follow-on rounds.
• ROI – Performance Improvement • Managed the 1st exit for CIIE – 4.5x returns in 2 years
• Channel Optimization • Reviewed 5000+ startups via CIIE, iAccelerator, Power of
Ideas, etc.
Unique Skills:
Incubation strategy, fundraising, follow-on funding
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14. Bios of our tried and true team
Apurv Agrawal
• IT engineer from VIT University, Vellore,
2012
• Founder and CEO, ngoFuel
• VP Biz Dev, What's up Bharat
• Kairos Global fellow
About Apurv:
As a student entrepreneur, Apurv founded ngoFuel.org, a
Over 150 mentors
non-profit facilitating crowdsourced technology usage for
other non-profits, and later went on to head Business to support every,
Development for What’s up Bharat, a network and platform
for connecting socially conscious people who want social
change in India.
+ industry, function
Track record:
• Started ngoFuel at 19.
and aid business
• Featured in the top 30 student entrepreneurs of India by
NEN. development
• Managed a team of 11 members and 700+ volunteers,
consulting 50+ non-profits.
• Among 2 Indians selected as youth leader for the World
Foresight Forum 2011
Unique Skills:
Business development, due diligence, business models,
networking, operations, etc.
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15. We meet a new start-up almost every day
Some startups we have engaged with
WOW!
World Of Workshops
Allotrop
Buy N Brag
Indulge Beverages
AutomotionAds
Schooladmissions.in
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16. We meet a new start-up almost every day
Some startups we have engaged with (cont)
Yeeflo
ElectricalSuppliesIndia
RetAsaan First PC
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