Brand news

16 Indian start-ups to fulfill their dreams as The Vault concludes

16 Feb 2017


5 hours ago 15-02-2017 ANI New Delhi , Feb 15 : After a remarkable performance that offered a high dose of informative entertainment to its viewers, The Vault, a one-of-its-kind Indian reality TV show has concluded its extremely-successful first season. The season comprised 12 episodes and facilitated investments worth up to Rs. 11 crore. The investors’ panel popularly known as the Vault Keepers for the season included Sudip Bandyopadhyay, Group Chairman, Inditrade Capital, Mohit Goel, CEO, Omaxe Group, Rahul Singh, Founder and CEO, The Beer Cafe, Ameera Shah, Managing Director and CEO, Metropolis Healthcare, Vivek Bhargava, CEO, iProspect, and Anupam Mittal, Founder and CEO, People Group.The Vault featured 43 start-ups that catered to multiple industry verticals. Out of these, 16 start-ups were able to receive investment commitment totaling up to Rs. 11 crore at varying equity rates. The start-ups that received funding include Graviky, ChattarPatar, Medmonk, Boxershorts, Awesummly, Atulyakala, Foodebaba, Ambee, Corseco, Dharamvir, Fluid AI, OyeHelp, Save mom, Medimojo, Infeedo, and Brelo. This season of The Vault also saw six start-ups, including Revol Wallet, Fuco, Rooter, StyleDotMe, FABbox, and WYO reject the funding offer made by the investors. Also, five start-ups received incubation from some of the leading start-up incubators in India through the platform. These included Authentic Cook, Khabri, Ubunanny, Collobe, and Nippanai. With its debut season, The Vault was not just able to garner an overwhelming response from the audience, but was also able to give an impetus to the entrepreneurial vision of several Indians, encouraging many others