India’s leading multi-stage accelerator fund, 9Unicorns, will be hosting the much-awaited fifth edition of its Global Demo Day or DDay 5 on 24th April 2024. This year, the 9Unicorns Portfolio Companies expect to raise $110 million on the global demo day.
The previous editions of DDay were a huge success, with over 70 participating companies raising over $472 million. 56+ companies successfully raised further rounds of financing from global Marquee Investors and family offices.
9Unicorns, which has backed successful startups like ShipRocket, Videoverse, Blusmart, Join Ventures, Leverage Edu, Zypp Electric, Rooter, and Ethereal Machines, amongst others, will be hosting this flagship event across three time zones — the US & North America, Indian Subcontinent, and the Middle East.
Over 20 startups led by disruptive entrepreneurs will showcase their businesses to over 1,500 global investors, family offices, and prominent venture capital funds. In this edition, participating startups hail from sectors across e-commerce, energy, SAAS, fashion, fintech and financial services, consumer brands, and media and entertainment. Through this event, these startups stand a chance to gain global exposure from investors at the event.
Bridging startups and investors
“DDays are a great opportunity for startups to connect with investors all around the world and showcase their offerings. This helps startups gain international exposure and build further rounds for growth. We are expecting a very good response from investors in the fifth edition,” said Dr Apoorva Ranjan Sharma, Managing Director and Co-founder of 9Unicorns and Venture Catalysts.
Also read: Sustainable development through empowering commerce in Indonesia
On average, most of the participating companies have raised about $3 million, and are seeking to raise $110 million. These companies are playing a pivotal role in empowering small businesses, aiding financial inclusion, and reducing the energy footprint of individuals and commercial properties.
These startups have been mentored by senior industry professionals and domain experts. They have been guided by serial entrepreneurs on their strategy, business, and roadmap in terms of product and operations. Based on their past track record, these companies have scaled four times to twelve times in the past 12-18 months and achieved a strong product-market fit with users and enterprises.
Interestingly, about 60% of the founders are serial entrepreneurs who have built, scaled, and exited profitable businesses in the past. Some of the first-time founders have scaled their businesses from 0 to $1Mn in less than 2 years, showing phenomenal dedication and commitment to addressing global problems. 25% of their current rounds are already committed by global investors from Europe, the US, MENA, and India.
Also read: SAFE STEPS D-TECH Community Hub is leading the way to a resilient future
DDay events serve as a pivotal platform for early and growth-stage companies to secure funding. The distinctive feature of these Demo days lies in their meticulous selection process, focusing on startups with impressive track records and a strong emphasis on profitability and growth.
About 9Unicorns:
Mumbai-based 9Unicorns, founded by Dr Apoorva Ranjan Sharma, Anil Jain, Anuj Golecha, and Gaurav Jain, is an accelerator program backed by successful founders & leading CXOs for early-stage startups. The company believes in adding value to its portfolio companies by going beyond capital to help first-time founders and seasoned entrepreneurs build their next venture and become the next leaders in their category.
– –
This article is produced by the e27 team, sponsored by Venture Catalysts
We can share your story at e27, too. Engage the Southeast Asian tech ecosystem by bringing your story to the world. Visit us at e27.co/advertise to get started.
The post 9Unicorns to facilitate $110M funding for 20 startups at DDAY 5 with 1500+ investors appeared first on e27.