Favcy Secures Investment for Startups Focused on Exits

Favcy, India's leading Venture Builder, marks a significant milestone by securing a robust investment of INR 1.8 crore with the successful closure of Cohort 1 of its pioneering program, Build to Sell (BTS). This program, the first of its kind in India, engineers startups specifically for lucrative exits.

The Build to Sell program offers a revolutionary approach to startup creation. Favcy strategically designs and builds startups from the ground up, priming them for acquisitions within a 36-48 month time frame. This model caters to investors seeking faster returns and founders aiming for successful exits.

"Our research into the startup ecosystem, involving thousands of founders and investors, uncovered a significant trend: a desire for quicker exits. This insight led to the creation of Build to Sell," explained Favcy Partner Harshit Joshi. "By concentrating on niche markets and addressing specific pain points, we aim to deliver value to both founders and investors."

The inaugural Build to Sell cohort features three exciting startups poised to disrupt their respective industries:

Sattva Halwai: Transforming the Indian sweets and snacks industry by offering healthy, low-sugar alternatives made with jaggery and honey.

91 United: Empowering blue and grey-collar workers by providing critical services like ITR filing, loan access, and healthcare cost management.

Regal Sutra: Making dream weddings a reality by connecting couples with stunning heritage palace venues for unforgettable experiences.

“The fund closure of Build to Sell's first cohort validates our unique thesis and the immense potential of these startups,” says Yamika Mehra, Partner at Favcy. “We envision a thriving startup ecosystem where companies can flourish and achieve their ultimate goal of a profitable exit. This initial investment reflects investor confidence in our approach and the promising future of these ventures.”

Investor Confidence in the Build to Sell Model

The program has garnered strong investor interest. “The pragmatic approach of creating businesses with clear exit pathways is what drew me to Build to Sell,” says Onkar Sharma, Partner at a renowned legal firm and Investor in BTS. “Favcy empowers founders to build impactful businesses strategically positioned for acquisition, making it an attractive investment opportunity.”

Purva Sharma, an experienced Leader at Oracle Solutions and an Investor in Build to Sell, adds, “Favcy provides a unique platform for investors seeking faster exits. Their support in scaling startups is commendable, and I'm excited to be part of the Build to Sell Tribe.”

Favcy: Nurturing the Next Generation of Startups

Favcy is India's largest venture building platform, offering a comprehensive suite of services to startups, including capital, educational programs, and an accelerator program. Build to Sell represents their dedication to fostering a culture of successful exits and driving innovation in the Indian startup ecosystem.