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  1. Home/
  2. Startup & MSME Schemes/
  3. The Foundery Venture Builder Cohort 02
Open to startups registered in India

The Foundery Venture Builder Cohort 02

The Foundery

About This Scheme

An intensive 90-day residential venture builder program that forges entrepreneurs into co-founders and builds consumer businesses with up to ₹4 crores in capital.

The Foundery is a unique venture builder designed to forge entrepreneurs into successful co-founders and build ground-breaking companies from the ground up. Unlike traditional accelerators or incubators, The Foundery operates on an intensive 90-day residential model where selected co-founders collaborate with experienced operators and specialist teams. The program is specifically structured to take a business from an initial thesis to a market-ready launch.

This initiative is a joint venture by WTF Media and Think9, bringing together a powerful network of industry leaders and mentors. Noteworthy figures like Kishore Biyani, Nikhil Kamath, and Ronnie Screwvala are associated, alongside mentors such as Rajan Anandan and Arjun Vaidya. The Foundery's model integrates ideas, capital, infrastructure, and seasoned operators in a single, immersive environment. It draws concepts from its "Idea Vault" or welcomes existing early-stage business ideas, providing the necessary capital to transition from thesis to launch.

The program emphasizes clarity through guidance from experienced builders and fosters a strong community among co-founders. A culture of pace, pressure, and trust is instilled to facilitate effective and rapid company building. Its environmental pillars focus on "Story" for brand and consumer strategy, "Speed" leveraging AI and technology, and "Spine" for scaling and infrastructure development, ensuring a holistic approach to venture creation.

Benefits

  • Selected co-founders receive substantial support to build their ventures.
  • Each business is eligible for up to ₹4 crores in equity capital from The Foundery, specifically allocated to support the 0-to-1 journey of bringing a business from concept to launch.
  • The ownership structure is equity-bearing, where co-founders collectively own up to 25% equity in the newly formed company, augmented by a 5% MSOP (Management Stock Option Plan) pool and an additional 5% ESOP (Employee Stock Option Plan) pool for the broader founding team.
  • The Foundery or its associated vehicle retains the remaining equity (approximately 65-75%).
  • During the mandatory 90-day residential phase, co-founders also receive a stipend to cover their personal expenses, ensuring they can focus entirely on venture building.
  • Post-residency, successful businesses gain access to robust fundraising support and The Foundery's extensive investor network, including participation in the annual Foundery FWD investor showcase, to secure further investment and growth capital.

How to Apply

Closing next month

Quick Info

Amount / Funding
Up to ₹4 Cr
State / Region
Open to startups registered in India
Ministry / Dept
The Foundery
Tags
EquityIdeaProduct