Are you a fan of the Game of Thrones?
Dear Reader, are you a Game of Thrones enthusiast?
If you succumbed to the hype and watched the show ( like 80% of us) you'll know that "Winter is coming" is the motto of the House Stark. And it is not a weather report. These seemingly normal words spread the message of warning and the need for constant vigilance in the story!
This phrase has also started spreading through the startup ecosystem recently like wildfire! A mysterious winter is slowly spreading throughout the startup sector. What is this “winter” whose arrival startups are being warned about? And how does one get through such trying times?
In the Angel Bytes section, we're introducing a “Winter is Coming” series, where our Founding Partner, Pranav Chaturvedi, gives notable insights on how startups can conserve cash and increase their runways while making the most of their internal resources during a funding crunch.
In other news, in this week’s CurrentOpenDeals section we present to you *drumrolls* -Palate Mkt, a platform that enables Gourmet Food Providers with an instant online store, access to payment gateways and growth hacks to boost their sales.
Lastly, the Future@Favcy section has open positions here at Favcy, in case you’re looking to join our boat!
Do share your feedback on this effort. You can mail us at insider@1stcheque.com
Cheers 🍻
Ninie
Come join our table!
The Favcy Family is growing faster than ever. With new investors joining us each day, the Opening Day allocations have started filling up faster. We have been swarmed with requests to increase the allocation pools across our portfolio startups. We hear you.
The 'Current Open Deals' section gives you access to deals that previously weren't available! From allocations in the latest deals to spots carved out just for you in growth-stage startups, all the information you need is here! An exciting investment journey lies ahead.
This week, we have Palate Mkt in the house!
What happens when two passionate food enthusiasts with almost a decade of experience meet their one true love - gourmet food? Magic is created!
From the creators of Palate Fest comes to you India’s first online marketplace for all things gourmet, Palate Mkt.
PalateMKT is a platform that enables Gourmet Food Providers with an instant online store, access to payment gateways and growth hacks to boost their sales.
They are empowering Gourmet Food Producers and Suppliers, Food Influencers and Specialists to curate their own Gourmet Experiences and bring them to their consumers.
By combining the founder’s expertise and strength of Palate Fest - India’s largest Food Festival since 2014, they have created an online+offline platform for Merchants, Influencers and Retail customers. They are on a mission to create the largest food ecosystem in India.
3,50,000 food-lovers have validated the idea and business model. The early access page has been launched. They already have 50+ Vendors on the Early-access Waitlist of 200+ Vendors to be onboarded!
Check out their investor dossier to find out the secret sauce that makes them so special!
Stage: Product Ready
Industry: Foodtech & Vendor Enablement
Access other Current Open Deals here
Winter is Coming (#1)
By Pranav Chaturvedi, Founding Partner, Favcy
- If you’ve been following the buzz, you would know of this dismal, mysterious winter that is approaching the startup ecosystem.
-
What is this “winter” whose advent startups are dreading? And how does one get through such trying times?
-
In the “Winter is Coming” series, our Founding Partner, Pranav Chaturvedi, gives notable insights on how startups can conserve cash and increase their runways while making the most of their internal resources during a funding crunch.
Click here to read the Angel Bytes!
Looking to become a part of a work-culture that is inclusive, transparent, and experience the joy of working together to create something wonderful? We’re looking for people who are as excited as we are to help build our vision. Come join forces with us!
Currently, we have these openings:
1. Product Management Intern - Apply Here
2. Content Manager - Apply Here
3. Product Manager (1stCheque by Favcy) - Apply Here
4. Investor Relations Associate - Apply Here
Check out all the other openings here!
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Here are the events of this week:
- EV cab firm BluSmart raises $50Mn.
- Country Delight raises $108Mn.
- Data Security Startup Seclore Raises $27Mn
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