What should an entrepreneur keep in mind before participating at a crowd pitching event It's important to keep in touch with your panellists post the event

By Sneha Banerjee

You're reading Entrepreneur India, an international franchise of Entrepreneur Media.

Shutterstock

Crowd pitching events are where fairly younger startups get an opportunity to showcase their ideas and product in front of investors and mentors. The sole motive of crowd pitching is not just to secure funding, but is also to get audience's reaction to the product and receiving constructive feedback.

Seven startups participated at a crowd pitching event conducted by Crowd Product in Bangalore. The startups included Cloud 9, Fundamentor, Sunami, Help Tweet, UI5CN, myOtels.com, and WomenCabs.com.

Entrepreneur Media asked a couple of panellists what they thought are the key requisites in a pitch at such events.

Sribaschha Joshi, Mentor and Director of Investments at Querencia Ventures said using the recommendation from the audience an entrepreneur can change or modify your product or go to an investor with your data for evaluation.

Mr. Joshi, who has mainly funded tech startups till date, said he mainly looks for passion, differentiator and long-term viability of the idea.

Talking about other requisites, Mayuresh Raut, co-founder of Salamander Excubator Angel (SEA) Fund said he mainly looks for the market opportunity of the product. "The team should have the necessary requisites to not only understand the domain but to also go ahead and execute it," Raut added.

Raut also said that one important element which he considers to be a crucial factor is having a co-founder. Entrepreneurs should realise that a co-founder is like a wife for a ten year journey. The media only talks about the glamorous part of the journey and not the loneliness of the same journey, he added.

A startup may start off with an initial idea and more often than not they end up with something completely different. The only common factor is its co-founders. You've got to have guys who work well together and are comfortable working with each other.

On the other hand, Rao Yamajala, a mentor at Querencia Ventures, said that he often finds that entrepreneurs fail to keep in touch post such events. They are often so bogged up about their presentation and pitches that they forget about connectivity.

Fundamentor, an ed-tech startup, was declared winner at the event.

Sneha Banerjee

Entrepreneur Staff

Former Staff, Entrepreneur India

She used to write for Entrepreneur India from Bangalore and other cities in South India. 

Growing a Business

7 AI Tools That Help You Build a One-Person Business — and Make Money While You Sleep

Who needs a team? These seven AI tools let you automate everything, scale like a beast and reclaim your time.

Business Ideas

70 Small Business Ideas to Start in 2025

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2025.

Leadership

How Successful Leaders Get More Done in Less Time

The most successful leaders don't work longer; they manage their time with intention. Here's how to master time-blocking, prioritization and delegation to get more done in less time.

Business Solutions

Last Chance to Get Windows 11 Pro at an All-Time Low Price

Just $15 gets you Copilot, enhanced security, and more ahead of the discontinuation of Windows 10.

Business Process

5 'Boring' Processes That Make Tech Companies Wildly Successful (and Will Work For Your Small Business, Too)

Implementing these five tech practices can transform your small business.