iStart, Favcy Venture Builders Join Hands To Support Early Stage Startups In Rajasthan

Delhi NCR-based venture building platform Favcy Venture Builders has partnered with Rajasthan’s iStart to launch an accelerator programme, BuilderX. 

The five-week accelerator programme is designed to support more than 100 ambitious founders of early stage startups by providing them with the tools, resources, and mentorship needed to turn innovative ideas into successful businesses.

The programme will have a structured, hands-on approach aimed at addressing key obstacles faced by founders in the early stages of a startup. 

Ragini Sharma, associate partner at Favcy Venture Builders, emphasised its transformative potential stating, “The BuilderX programme  is more than just an accelerator; it’s a springboard for tomorrow’s innovators to build ventures and solve real problems.” 

She added that the collaboration with iStart Rajasthan will offer entrepreneurs not only the resources but also a well-rounded experience to navigate the complexities of launching a successful startup.

It is pertinent to note that India has the third-largest startup ecosystem in the world, and the country has more than 70K tech startups. Despite the thriving entrepreneurial scene, many early stage founders face significant challenges, including limited access to essential resources, mentorship, and market validation. BuilderX seeks to address these issues head-on and help aspiring entrepreneurs overcome the barriers to success.

How BuilderX Plans To Help Founders Build Innovative Startups 

BuilderX brings together Favcy Venture Builders’ deep expertise in building scalable ventures and iStart Rajasthan’s robust infrastructure, creating a powerful partnership to accelerate the journey of startups in the region.

The programme will have a systematic methodology that will help founders save time and resources while refining their ideas into a clear, problem-solution fit. Additionally, mentorship hours will be tailored to meet the specific needs of each startup, ensuring that founders receive expert guidance at every stage of their journey.

A vital component of the programme is its focus on market validation. The founders will engage in user feedback sessions to ensure that their products or services meet the actual needs of their target audience. This approach increases the likelihood of building businesses that are not only innovative but also sustainable in the long term.

BuilderX will also help budding entrepreneurs provide access to funding opportunities. It will connect startups with potential investors, helping them take their ventures to the next level. Favcy Venture Builders will help founders hone their pitching skills and provide AI-driven real-time feedback to improve the quality and impact of their presentations.

The most exciting aspect for founders is the opportunity to present their business ideas at the next edition of ‘Rising Rajasthan Global Investment Summit’. The top 20 startups from the BuilderX Programme will be invited to showcase their ventures in front of a global audience of investors, government representatives, and industry experts, providing them with invaluable exposure and the chance to secure big investments.

Strengthening Rajasthan’s Startup Ecosystem

Since its establishment in 2017, iStart Rajasthan has played a pivotal role in nurturing the state’s entrepreneurial ecosystem. The initiative has been instrumental in providing startups with access to essential resources, mentorship, and funding opportunities. 

As a result, the state today boasts over 3,700 DPIIT-registered startups across sectors such as enterprise tech, ecommerce, edtech, among others.

By partnering with Favcy Venture Builders, iStart Rajasthan is looking to significantly expand the support available to local entrepreneurs.

BuilderX is designed not just to empower individual founders but also to foster a thriving startup ecosystem across Rajasthan. The collaboration between Favcy Venture Builders and iStart Rajasthan aligns with the state’s vision of becoming a key player in India’s innovation and entrepreneurship landscape.

Applications for the BuilderX Program are currently open. 

Click here to apply.