Student Startup - Funding
Na Dhukan is now giving hands for students innovation which results in the startup companies by funding each Startup - 1 Lakh INR.
Why Startups need Funding?
“Providing both moral and financial support to student startups paves the way for their ideas to evolve into impactful companies. By fostering an encouraging environment and offering resources, we empower students to innovate boldly, fueling the potential for their visions to grow into successful ventures.”
“Transforming an idea from the conceptual phase to the reality phase is a crucial journey. It requires dedication, planning, and the courage to take the first steps toward action. By providing the right resources, mentorship, and support, we can empower students to bring their ideas to life, turning concepts into tangible, impactful solutions.”
“Effective marketing is essential for turning a startup into a recognizable and impactful brand. By understanding target audiences, crafting compelling messages, and leveraging the right channels, startups can reach more people and build lasting relationships with their customers. For student startups, marketing isn’t just about promotion; it’s about sharing a unique vision with the world, building credibility, and creating a strong foundation for growth.”
“Creating a prototype is a pivotal step in bringing ideas into reality. A prototype transforms concepts into tangible forms, allowing for hands-on testing, refinement, and validation of the idea’s potential. For student startups, developing a prototype provides valuable insights, helps communicate the vision more clearly, and demonstrates feasibility to potential investors or supporters. It’s the bridge between imagination and impact, where ideas truly come to life.”
“Product development and service offerings are at the heart of delivering real value to people. For student startups, this phase involves refining prototypes, understanding user needs, and creating solutions that genuinely address those needs. It’s about crafting products or services that not only solve problems but also enhance lives. Through thoughtful design, continuous improvement, and a commitment to quality, startups can offer impactful solutions that build trust and foster loyalty among their audiences.”
“Building a strong foundation for any startup requires careful attention to team dynamics, workspace, and legal structure. A dedicated, diverse team brings unique perspectives and skills, driving innovation and resilience. Establishing a supportive office environment fosters collaboration and productivity, while securing the necessary legal licenses and compliance ensures the startup operates smoothly and professionally. By laying down these essentials, student startups can focus on growth, confident in a solid, well-structured base.”
NaDhukan Share on Funding Process
“As student startups in the early stages, we at NaDhukan provide support through grants rather than debt or equity financing. This approach allows startups to focus on growth without financial pressure. Once the company matures and enters a structured business model, we take a proportional share based on the funding invested up to that point. This approach fosters a supportive environment, ensuring students can develop their ventures with confidence and minimal risk.”
Funding Stages
“For startups in the ideation stage with a compelling idea, we assess the potential through a pitch meeting to understand the strength and feasibility of the concept. Based on this evaluation, we allocate funding ranging from 10,000 to 30,000 INR to help transform the idea into a prototype, bringing it closer to reality. This initial funding provides the resources needed to kick-start the journey from concept to tangible development.”
“In the validation stage, we provide funding to startups based on the outcomes of their initial validations. Funding begins at 20,000 INR, with additional support contingent on a thorough review process, including essential pitch meetings. This ensures that only well-validated ideas receive backing, empowering startups to advance with confidence and accountability.”
“In the early traction stage, we go beyond funding by offering comprehensive support, including technical expertise, marketing guidance, and additional resources as needed. This holistic approach helps startups build momentum and navigate early challenges. Initial funding at this stage begins at 1 lakh INR, empowering startups with both financial backing and the critical support systems necessary for sustainable growth.”
“At the scaling stage, startups participate in pitch meetings following a structured format, allowing panel members to assess their growth potential and funding requirements. Based on this thorough review, we provide funding exceeding 1 lakh INR. This support is designed to help companies scale their operations effectively, ensuring they have the resources needed to expand their market reach and achieve their ambitious goals.”
Steps to Startup Fund Access
Initial Assessment
Technical AssessmentÂ
Readiness
Pitch Desk
Pitch Meet
Investment Agreement
Term SheetÂ
Fund Stage/Way of Provision
Ideation Stage
Â
In this stage, we will spend every amount which is allocated to startups through company’s account with proper approval.
Validation Phase:
Â
In this stage, we will provide fund as reimbursement, before spending the amount the startup needs to take the proper approval in a proper channel.
Early Traction & Scaling Stage:
Â
In this stage, we will change the fund process according to the startup result analysis. It will be analyzed by the panel members.
How to Apply ?
Fill the Google Form:Â https://forms.gle/1MRtAow7jnM1hx8fA
Pitch Meeting
Result of Pitch Meeting
Funding Stage