📊 A pitch deck that investors love 📊

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Daily Capsule | 30th May 2022 Hello Readers, As of March 2022, India houses more than 65,861 startups and about 660 active investors. But how easy or difficult is it to raise funds?  How much funds a startup raises doesn’t just rely on a product or a startup’s growth, but on how well the founders present their ideas, say founders and investors.  More often than not, entrepreneurs get stuck at the presentation level. How long or short should it be? What to include and what to avoid? The list goes on. Abhilash Sethi, Principal at agritech-focussed VC firm Omnivore, says, “A good pitch is a combination of brevity and clarity.”  For this week’s article on Entrepreneurship 101 , YourStory reached out to investors and entrepreneurs to understand what goes in a perfect pitch deck and what it takes to onboard an investor. Read more .  Here are other highlights of today's Daily Capsule: Editor’s Pick: Athera Venture Partners Startup Spotlight: Tekion News and updates and more… Editor’s Pick: Athera Venture Partners Editor’s Pick Athera Venture Partners Athera Venture Partners, formerly Inventus India, recently launched a Rs 900 crore fourth fund. One of the veteran investors in the startup ecosystem, Athera has seen many peaks and valleys since it entered the business in 2008. Here’s what it thinks of the startup winter .  Startup Spotlight Decoding automotive SaaS unicorn Tekion’s growth Tekion, which is focused on the automotive sector, attained the unicorn status in 2020 at a valuation of $1 billion. After a $250 million round in 2021, the California-based Software-as-a-Service (SaaS) startup’s valuation soared to $3.5 billion.  Founder Jay Vijayan believes the startup’s focus on a single vertical has helped it grow despite the COVID-19-led disruptions. Read more .  News & Updates The government has withdrawn a UIDAI (Unique Identification Authority of India) advisory that cautioned the public against sharing photocopies of their Aadhaar with any organisation. Delhi-based company Drone Destination plans to establish at least 150 drone pilot training schools across the country by 2025, its CEO Chirag Sharma said. Diversified entity ITC has acquired a 10.07 percent stake in Blupin Technologies , the parent company of direct-to-consumer (D2C) brand Mylo, for Rs 39.34 crore. Noting that the number of unicorns in India has reached the 100-mark, Prime Minister Narendra Modi on Sunday said that even during the COVID-19 pandemic, India's startups continued to create wealth and value . In Case You Missed It* *A roundup of interesting stories from global media organisations; YourStory has not verified this content and does not vouch for its accuracy Shoppers returned to the malls of Beijing on Sunday as the Chinese capital relaxed pandemic restrictions after declaring a small but persistent COVID-19 outbreak effectively under control. A small passenger plane operated by a private airline went missing in mountainous Nepal on Sunday with 22 people on board during cloudy weather, and officials said search teams had been sent to the site of a fire spotted by local residents. Brand Spotlight Last few days to apply to the K-Startup Grand Challenge 2022 offers prizes totalling $320,000 and an incredible government-backed acceleration opportunity for your startup in Korea. Hurry, the application window closes on May 31, 2022. Before you go, stay inspired with... —  Rupa Bayor, Taekwondo champion   “Every young girl should take up sports to be more self-confident, healthy, and self-reliant." We want to hear from you. Tell us what you think of this newsletter and what else you’d like us to explore. You can reach us at editorial@yourstory.com. If you don’t already get this newsletter in your inbox, please sign up here . You can also read past issues of this newsletter here . Download the YourStory App Don't forget to follow us to get updates on the go

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