Venture Builder Favcy has raised Rs 1.8 crore with the successful closure of the first cohort of its pioneering programme, Build to Sell (BTS). The programme, the first of its kind in India, designs startups specifically for lucrative exits.
What is the Build to Sell program?
The Build to Sell program offers a revolutionary approach to startup creation. Favcy strategically designs and builds startups from the ground up, preparing them for acquisitions within 36-48 months.
The model is aimed at investors seeking faster returns and founders looking for successful exits, the statement said.
“Our research into the startup ecosystem, involving thousands of founders and investors, revealed one important trend: the desire to exit the company faster. This insight led to the creation of Build to Sell,” explained Harshit Joshi, Partner at Favcy.
“By focusing on niche markets and addressing specific pain points, we aim to deliver value to both founders and investors.”
Introducing three new companies
The inaugural Build to Sell cohort features three startups:
Sattva Halwai is transforming the Indian sweets and snacks industry by offering healthier, low-sugar alternatives made from jaggery and honey.
91 United empowers blue-collar and blue-collar workers by providing essential services like tax filing, access to loans, and managing healthcare costs.
Regal Sutra is turning dream weddings into reality by connecting couples with stunning historic palaces and creating unforgettable experiences. These startups are poised to revolutionize their fields and bring innovative solutions to the market.
“The closing of the first Build to Sell cohort validates our unique thesis and the immense potential of these startups,” said Yamika Mehra, Partner at Favcy.
“We envision a thriving startup ecosystem where companies can thrive and achieve their ultimate goal of becoming profitable. This seed investment reflects investors’ confidence in our approach and in the promising future of these companies.”
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