We make an investment of INR 12 Lakh for 8% of stake in the company. All early stage funds and angels provide money to startups but money is a small component of our philosophy, our main values comes from the fact that we work with startups closely to shape their idea into viable and scalable products apart from mentorship and advice provided by very experienced set of people from the ecosystem.
Some of the most experienced and eminent leaders in internet, mobile and technology domain in India and abroad are TLabs mentors. The entrepreneurs would get timely attention and guidance at every phase of their execution and guidance on the pitfalls of starting up. In addition we will provide guidance on best practices in various functional domains like finance, SEO, legal, technology etc. from various functional experts.
To see the list of Mentors please click here
We plan to bring in the investor community on our Demo Day. You will be able to present your idea and the minimum viable product to a group of VC and angels for further funding. You are free to engage with the investors for further investments during or after the TLabs program. In certain cases and depending upon the synergies with our other ventures, TIL or other Times entities may also like to fund you.
We will support you during the TLabs acceleration program for most of your needs. However, that doesn’t devoid you of your independence. You are free to work the way you want. All we look forward is that you meet the mutually decided goals. We expect you to be stationed at Delhi-NCR during our TLabs program for 13 weeks. You will get access to our world-class office infrastructure during this tenure. This will also help you in executing the minimal viable product as well as to meet and network with other entrepreneurs, mentors and investors.
We, at TIL, have access to a huge user base. Depending upon the synergies and product feasibility we may provide the platform to a targeted user base for their feedback so that you can further iterate on your product. Other support to test the product can also be considered based on individual requirements on a case to case basis subject to feasibility and mutual understanding. However we do not engage in mass marketing of your product and above support is always limited for getting customer feedback and refinement of minimum viable product.