First Cheque

We crossed 30 responses! In statistics, A minimum of 30 observations is sufficient to conduct significant statistics. This is open to many interpretations of which the most fallible one is that the sample size of 30 is enough to trust your confidence interval. Our confidence is high, let's make this reach far more people. Over the weekend, we worked hard to create a comprehensive list of all investors we know who are active in India. Find their employees and tag them in the comments. Let's help all founders out there. Link to fund names: https://bit.ly/IndianVCs Link to form for VCs: https://lnkd.in/g6r_ngfz Link to responses: https://bit.ly/IndiaVCList Humne apna part kia, aap apna karoge na? "Madad karo, Dua nahi"

We are excited to announce that BitScale has successfully raised its maiden round led by First Cheque! 😄 Bitscale is building a new type of UI where sales and marketing professionals can automate their manual workflows, making them 10X more effective. It is reimagining the current chat-based UI of AI (ChatGPT, Perplexity) into a more intuitive and scalable, Excel-like UI. Kudos to Sanket Goyal, Abhinay Kumar, Yash Sharma and the entire Bitscale team! Read more here: https://lnkd.in/gXEX8J2T Gagan Goyal Kanupriya Shah

We are stoked to share that our portfolio company Rocketlane raised $24Mn in Series B round. Proud to be one of the first backers of Rocketlane and be a part of its journey. Kudos to Srikrishnan Ganesan Vignesh Girishankar Deepak Bala and the incredible team of Rocketlane. Onwards and upwards!

🚨 We're Hiring at Medial! Open roles (2 tech, 1 non-tech) for freshers! If you're passionate about tech, consumer internet, or social media, Medial is the place to be. Join us in our super cool office to ideate, debate, and execute. Reshare for Karma! Bengaluru, IND. https://lnkd.in/gQMikK6p

We are elated to announce that our portfolio company ClaimBuddy, raised $5 million in Series A round led by Bharat Innovation Fund and participation from Japanese fund CAC Capital, and existing investors including Chiratae Ventures and Rebright Partners. ClaimBuddy acts as a one-stop solution for health insurance claim assistance for patients and hospitals, leveraging technology and a set of simple yet powerful processes and operations to ensure a hassle-free experience. Rooting for Khet Singh Rajpurohit and Ajit Patel and the incredible team of ClaimBuddy since day one. Congratulations to them on achieving this milestone!

Proud to be one of the first backers of Wuri (YC W24) and be a part of its journey. Kudos to Pratik Gangwal, Akshay Megharaj and entire Wuri team. Onwards and upwards ! 🚀

Have you read the "20 things" shared by IndiaQuotient on different spaces such as consumers, two-wheelers, marketplaces, and a lot more? The idea behind these reports is to be high on insights and not be a dense, comprehensive data dump. The same has now been compiled to include the above reports plus two bonus unreleased reports (SaaS and Fintech)! Link to the report : https://lnkd.in/gTWXEwdv

Congratulations to Ambitio on being featured in '30 Start-ups To Watch' list for 2024! Kudos to Dirghayu Kaushik, Vaibhav T., Vikrant Shivalik, and the entire Ambitio team! Proud to be one of your very first backers and partner in your journey! Onwards and upwards! 🚀 #Top30Startups #Ambitio

Thrilled to announce that Crux (YC W24) has successfully secured USD 2.6M in its seed funding round led by Emergent Ventures, with strong support from Y Combinator, Neon and participation from First Cheque. Crux is on a mission to empower B2B SaaS teams by accelerating the development of embedded AI co-pilots. Their ground-breaking approach involves creating AI models that seamlessly answer complex business queries in plain language—much like the impressive capabilities of OpenAI’s ChatGPT. This achievement wouldn’t have been possible without the relentless efforts of the talented team at Crux. Special congratulations to Himank Jain, Atharva Padhye, Prabhat Singh, and every member of the Crux family. Your dedication and vision are driving us toward new horizons! Proud to be one of the first backers of Crux and be a part of its journey. For more details, check out the full article here: https://lnkd.in/gkNSxp3V Let’s continue shaping the future together! 🌟💡 Prateek Agarwal (Pre-seed investor) Sahil Makkar Kanupriya Shah

We are excited to announce that Medial has successfully raised USD120k in its pre-seed funding round led by First Cheque! 😄 Medial is a content and community-driven platform with community across diverse domains such as tech, product, and UI/UX. It serves as a hub of start-up news, industry updates, banters, and advice in a non-clickbaity fashion to add value for its community, and enable transparent and inclusive workplace conversations. It started as an integrated platform for professionals in the start-up sector and aims to grow into a company profile and job board  platform.   Kudos to Niket Raj Dwivedi, Harsh Dwivedi, Aishwarya Raj Pandey, Prateek Kaien and the entire Medial team! Read more here: https://lnkd.in/ggjxxeBN   Prateek Agarwal (Pre-seed investor) Kanupriya Shah