Backing India’s Founders
Capital & Beyond
What We Look for in Startups
We look for teams that have a unique value proposition and a competitive edge that is difficult to replicate. Founders should be able to clearly articulate their advantages and demonstrate a thorough understanding of the competitive landscape. Intellectual property should be protected and well-managed. Startups need a solid business plan, realistic financial projections, and a strategic plan for sales and exits capable of delivering high returns. We also value entrepreneurs who are open to collaborating with TCA’s board and governance structure, aligning with our vision for impactful growth.
Mridula & Manikandan
Founders of Kreedo
Madhumitha & Jagadeesh
Founders of The Indus Valley
Kashyap and Keerti
Founders of Hitwicket
Parveen, Vinay, Harsh & Shashank
Founders of STAGE
Yega, Anant & Vinodh
Founders of Paperflite
Pankaj & Pallavi
Founders of goSTOPS
Balaji & Sadique
Founders of Chai Kings
How to Apply for Funding
Step 1:
Access Platform
Visit our Platform by clicking on the Login button on the top right corner on our website or Click Apply for funding below.
Step 2:
Complete Application
Complete online online application providing basic information, and upload presentation based on required format.
Need
Help?
If you encounter any issues accessing the platform or uploading your deal, please reach out to us on LinkedIn or email us at connect@thechennaiangels.com.
We look forward to being a part of your startup’s growth journey!
FAQs
Use our online platform to upload your ppt and required documents based on the format listed. Click on the Login button on the top right corder to create an account and get started.
Early revenue stage startups that have unique, scalable ideas and show strong potential for rapid growth can apply for funding. Businesses should have proprietary technology, early market traction, and defensible barriers to entry. We look for experienced management teams, validated concepts with early market engagement, and founders who are open to mentoring. A reasonable valuation, aligned with our risk/reward expectations, and a clear exit strategy are also essential.
Once we receive your application, it will be reviewed by our team of sector experts. If shortlisted, you will be invited to present your startup to them. Upon clearing this stage, you’ll move on to present to our full group of investors. If there is investor interest, a due diligence process will follow. Once due diligence is successfully completed, term sheets and agreements will be drafted for approval. After final clearances, the capital will be disbursed. Post-funding, quarterly review calls will be held to ensure continued alignment and support.
Depending on the complexity of the venture, the funding process can take anywhere from 4 to 6 months from start to finish. Our goal is to complete due diligence as efficiently as possible while ensuring a thorough evaluation of the business. Entrepreneurs can help accelerate the process by preparing key information in advance, being readily available for meetings, and proactively driving communication and next steps.
On average the funding would range between Rs. 50 Lakh to Rs 3 Crore. TCA Investors may invest more, or less, depending on the funding requirements of the company. If the investment size is larger than average, TCA may syndicate the investment with other investor groups.
TCA does not sign NDAs. TCA shares all plans received by it exclusively with its members. TCA members in turn, sign an undertaking with TCA. All members are bound by the undertaking.
For deals invested by TCA, there is a deal facilitation fee of 2.5% of the total funds raised.
Due diligence costs (financial, legal, and business) are charged at actuals by agencies appointed by TCA.
TCA reserves the right to invest in competing start-ups. However, to ensure confidentiality and information protection, TCA lead investor(s) who are in the Board either as Director or Observer will not participate in the fundraise initiated by competing start-ups.