The registrations have been evaluated and the selected startups have been announced. It's time to prepare India's top startups for funding success, as the next stage of Leap To Unicorn begins.
Despite India’s vast reserves of talent and entrepreneurial skills, success in startups requires a multifaceted approach to creating a fertile environment and innovative ideas. The industry is buffet by headwinds like rising interest rates and geopolitical topics. Hence, its' necessary that investors, entrepreneurs, and financial institutions strengthen their links to sustain the growth momentum of the Indian startup sector. Leap To Unicorn, a platform for the growth of startups, created by IDFC FIRST Bank, in association with Moneycontrol and CNBC-TV18, is a prime example of this new-found synchronicity. With a campaign to put India’s most promising startups through a series of boot camp sessions, IDFC FIRST Bank gives them a chance to pitch ideas to a jury of eminent VCs and investors.Nearly 6000 early-stage startups registered to participate the Leap To Unicorn program. Their applications highlighted the scope of their ideas, commercial structure, and network affiliations. Approximately 50% of the startups registered are from Tier 2 cities across sectors like Fintech, Agritech, Deeptech, Clean tech etc. All in all, it was an overwhelming response, which shows the extent of great ideas and startup potential in our country.