Favcy is India’s largest Venture Builder. We identify ventures at an idea stage and co-build them with the founders all the way up to product, traction, growth, and exit. We are an end-to-end Startup Ecosystem bringing strategy, resources, and capital to the table. Having co-built 30+ startups in the last 4 years, we have a 5000+ strong founder and investor network. https://yourstory.com/2022/06/from-idea-to-company-favcy-startup-building-platfrom

Favcy is a 9 year old organization and we were into Corporate Venture Building in our earlier avatar where we worked with the likes of Vodafone, TVS, Mahindra, etc. building internal ideas and products with them on a service fee basis. We shifted to Startup Venture Building in late 2019 and have co-built a total of 30+ ventures in our portfolio since then. We have a $5Mn+ owned AUM i.e. current value of our equity across all portfolio startups and we already have two exits under our belt in just 3 years of startup venture building. Some noteworthy portfolio ventures are: PapaPawsome: D2C pet product venture. Latest valuation is INR 19.5Cr post money. TellerSpot: SaaS Platform enabling liquidity for angel investors. Exited with 30% IRR in 12 months. InstaClaus: App based fintech platform connecting employees and employers for securing personal loans. Exited with 4X return in 11 months. UrjaBolt: EV-tech ventures provisioning last mile logistics support to small businesses. INR 2 Cr ARR, INR 18.8 Cr valuation, 2 city operations in 18 months on venture building. PayTamasha: Platform enabling retail investments in movies inching towards ~INR 25 Cr valuation in under 12 months of inception. Skillskonnect: Blue collared job-tech platform with INR 2 Cr ARR and INR 30 Cr valuation. PalateMkt: Food-tech platform with INR 2 Cr ARR inching towards an exit in 2024.

Not every investor wants to wait forever to see the ROI of their investment. As an investor, it's important to ask yourself 'why' are you investing in a startup. Now, there could be cases where you'd realize that you are investing to learn, give back to society, or solve a particular problem. However, a lot of times the answer is 'to create diversified wealth' for yourself. Also, a lot of times, investors do not want to wait forever with infinitely patient capital for their returns. If you relate to this, the BTS opportunity is for you.

These are idea-stage ventures with their full-blown strategies chalked out. Here’s the three part strategy document for one of the cohort startups. The initial brand building and EIR identification is an ongoing process. They do not have revenue at the moment. Since we announced the first venture (91 United) from this cohort in late february, the startup has already hit revenue in 2 months of venture building effort. Similarly it goes with other ventures also.

For purposes of a clean capital table the following process shall be followed for giving equity to our investors: An ATFT (agreement towards future transactions) with Favcy (Experience Global Mobile Technologies Pvt Ltd) will be signed digitally as proof of your investment. Once BTS Cohort is complete and all investors have been onboarded, a Limited Liability Partnership (LLP) will be incorporated within ~30 days of onboarding of all investors. This LLP shall hold the requisite number of shares in all 3 entities of the particular cohort. All investors shall be members of this LLP in the ratio of their investment in the BTS Cohort.

These are 100% Favcy-owned ventures, to begin with. We are interviewing and assessing EIRs (entrepreneurs in residence) to come in as operator founders in these ventures. These EIRs will come in at a minority stake (~5%) and a monthly cash payout component to begin with. The founding team will have a milestone-based agreement whereby they can own up to 70% of the startup over 12-18 months. We have successfully built ventures in the above model previously. Example: Urja Bolt - a last-mile delivery EV venture. While the founding team came in as minority shareholding EIRs, they today own ~70% of the venture which is clocking ~INR 1.5 Cr ARR and is valued at INR 18.8 Cr in 18 months of venture building.

At Favcy, we work on a shared resources model where resources are shared across our portfolio ventures. That’s one of the reasons why we can build ventures frugally.

Favcy is not an incubator, we are a venture builder. The Build-to-Sell cohort ventures are 100% fully owned by Favcy to begin with. We are selling 10%-15% stake in each venture to raise INR 50L-70L at the idea stage. The remaining (up to 70%) may eventually get redistributed within the founding team as and when we identify and onboard them.

At Favcy, we have co-built 30+ ventures over the last 4 years. We have 2 exits - one is a family office-led venture, Instaclaus, where we got an exit with 400% IRR once the startup reached MVP and early traction stage in under 11 months, the second is TellerSpot that we started building in Feb '23 and have already exited via acquisition and are giving out 30% IRR to our investors in under 12 months. There are at least 3 more exits (EV tech, food tech, entertainment/fintech) that are likely to come in this year (all 3 being planned via acquisition).

If you invest in the BTS cohort with a minimum INR 6L ticket size, you will be eligible for the downside protection clause. This means that in case of dissolution of any venture from the BTS cohort, you will have the option of being allocated equity in the parent entity (Favcy) against your investment towards that dissolved venture. P. S. Please request a draft agreement to see the exact clause.