Small and medium sized enterprises, entrepreneur seeking equity capital to move its product/technology from concept phase to the market place or an entrepreneur who just has an idea can raise fund through SCIP.
Use of external capital imposes certain operational requirements and responsibilities on entrepreneurs. The following ideas are generic and vary from investment to investment, and investor to investor.
SCIP works as an enabler and facilitator helping entrepreneurs and small companies raise early stage capital. SCIP is an independent intermediary that scrutinizes investment proposals of entrepreneurs. It then structures the investment opportunity, and presents it to a network of potential investors. SCIP enables the investment to flow to the company. Post-investment it works with the investee company to report to the investors about the business development and growth of the company.
The engagement process is detailed in how it works.
The cost of working with SCIP is detailed in fees.
The minimum amount an entrepreneur can raise through SCIP for Idea phase The minimum amount an entrepreneur can raise through SCIP for Prototype phase The minimum amount an entrepreneur can raise through SCIP for SME
We are industry sector agnostic. Our interest is in innovation and creativity underlying new businesses. Click here to know more.
To verify your identity, we ask you to provide us with copy of your Passport and Pan card details. Until we’ve verified your identity, you will not be able to start working on your campaign, so try and get your copy of passport over to us as soon as possible.
We don’t provide advice regarding valuation.
It is critical that entrepreneurs study our Investment Criteria before applying for SCIP services. Entrepreneurs need to assess whether taking early stage angel funding is right for them? A checklist below may help you to decide if and when you should seek early-stage funds from angels.
The entrepreneur behind the business idea is as important as the idea itself. An entrepreneur will need to self-reflect and demonstrate:
It depends on the company, and not all companies succeed in raising capital using this approach. The time it takes to complete a successful financing can vary widely, but companies should expect that it will take a minimum of 60 days to complete.
Yes, each campaign will be listed for 2 months from the date of listing on SCIP. It may continue beyond 2 months in case the company is under discussion with prospective investors.
In order to protect investors, Companies are required to reach the funding target stated. When investments are initiated through the SCIP platform, the subscription proceeds are held securely in an independent escrow account. Once the funding target has been met, the money is released to the company and investors will receive the applicable securities. If the funding target is not met, subscription amounts are returned to investors by the escrow agent. SCIP does not receive or take custody of investor funds at any point during the investment process.
No. SCIP sets investment minimums and maximums during the funding round process.
Yes, there are investor limits. SCIP effectively limits the number of investors by setting investment minimums and maximums.
No. Once the campaign goes live investments are on a first come first serve basis.
The rights of the investors depend on the share holding agreement.
No documents are required initially.
We don’t offer financial or business advice. We have listed down organizations that can assist. Click here to know more.
Yes. Investors favor entrepreneurs who demonstrate their commitment by sharing the risk.
SCIP doesnt guarantee that all appraisals will find investors. SCIP doesn’t directly or indirectly influence investment decisions of investors. And SCIP engagement doesn’t directly or indirectly imply suitability or appropriateness, or is indicative of return or business risk.
Yes, once your company/campaign profile is listed on the platform, it will be accessible to all registered investors on the platform.
Any registered investors on the platform, comprising of HNIs, Angels are allowed to participate and make investment in enterprise.
On your dashboard, you will find a reporting section to send updates out to the investor community. Companies in idea and product prototype phases update on monthly, quarterly and annual basis. SMEs update on quarterly and annual basis.
SCIP signs non-disclosure agreement (NDA) with entrepreneurs and businesses that seek its services. However, investment memorandums are circulated to the network of investors. Businesses can take additional steps to protect their IP, including patent applications and requiring investors sign appropriate non-disclosure agreements (NDA).
Yes. Please register.
Yes. For Idea and product prototype and SME phases visiting the site at least once a year is mandatory. Investors can decide who is nominated. The investor does social reporting on the site.
Yes. For Idea and product prototype phases a mentor is mandatory. Investors can decide who is nominated. Mentor does social reporting on the site.
No, registered entrepreneurs will not be given access to view other companies listed on the platform. Only members registered as investors are allowed to access entrepreneur profiles.
If the shares are listed in the secondary market for more than 14 days, entrepreneur has to buy back the shares from the seller. Entrepreneur will be notified on the platform and via email.
Investor network members prefer to invest in early-stage or expansion-stage businesses backed by capable and committed entrepreneurs, that:
No the company does not have to be incorporated in a specific state and there is no particular structure requirement.
Here's a few community guidelines to keep in mind while interacting on SCIP.
We ask that all users (experts and entrepreneurs) read and follow these guidelines to ensure that their account isn't in risk of being suspended or removed:
Come with an open mind.
Open minds are strongly encouraged. There's no use allowing the conversation to turn abrasive. It'll get you nowhere. If things start going off the tracks, it's sometimes best to wrap it up and move on.
Being on time
Being on time shows respect and eagerness to meet the other person, which always sets things off on the right foot.
No hawking.
This is a community. You're here to give or receive quality advice so that better decisions can be made in business, not to sell or be sold to. That being said, if, in the conversation, the other person says something like, "Wow, that's interesting - I'd love to be a customer," then it's fair game.
Preparation is key.
5-10 minutes of preparation before the call is highly recommended. Gather your thoughts and questions so you can quickly engage, making the most of the conversation. What do you want to achieve? What do you have to offer? Determining these things beforehand is always time well spent.
We're all friends here.
We don't think anyone should get all lawyered up to have a conversation and that's why they're considered informal and non-binding. Instead, we encourage the Friend-DA approach. Essentially, unless you specifically ask to share someone else’s information with others, then you shouldn't. That also means if someone is telling you about an idea, and you have a business interest in a potential competitor, you should tell them. It's just the right thing to do.
We want you. Not your company.
Some people try and create business accounts on SCIP. That's not how we work. Our members want to know who YOU are, not your company. If you don't feel comfortable disclosing that, then we may not be a good fit. Real people and reputation is the key to making SCIP work.
The door
Our members dig the positive, solution-oriented vibe at SCIP. If you're not happy here or if you step on too many toes and interfere with our warm, fuzzy atmosphere - it may be best to part ways. Your account may be suspended or removed and we'll chalk it up to the stars not aligning while wishing you the best.
Only Accredited Investors can make investments on SCIP. In order to determine what you are legally able to invest in, we need to know whether you are an Accredited Investor.
Accredited Investor is the one who agrees to the following:
To learn more on how SCIP works, please visit – How it works
Yes. Every SCIP investor goes through a self-accreditation process when they sign-up. They are also required to complete a profile that describes themselves and their investment interests. SCIP does not endorse investors.
To verify your identity, we ask you to provide us with copy of your Passport and Pan card details. Until we’ve verified your identity, you will not be able to invest, so try and get your passport copy over to us as soon as possible to avoid missing out on investment opportunities.
Currently there is no charge for joining the investor network.
Yes. SCIP sets investment minimums and maximums during the funding round process.
No. For investment process, the transaction is offline. Also during the secondary sale, the buyer transfers the money to the seller is offline.
For payments towards SCIP services i.e. during registration and secondary sale transaction the payments shall be conducted online with the support of CCAvenue.
When you commit to invest in a company, you have to transfer the funds to the escrow. The money will be transferred to the company account if and only if the company succeeds in meeting its funding goal. You will be notified on the platform in all cases.
When your bid is accepted by the seller, the seller shall then let you know the mode of transferring money.
To learn more about a company, you can review the offering materials in the Company and Campaign section. You can post questions to the company and general investment community on an open forum (Q & A section) to facilitate investor communication and discussion.
Yes - social reporting on the site. Investors can decide who is nominated, it’s not mandatory.
Yes - social reporting on the site. Investors can decide who is nominated, it’s not mandatory.
The easiest way to increase/update your investment while the campaign is running is by visiting the campaign page and stating the number of shares you are interested in, if the shares are available, you can reinvest.
Unfortunately, once the offering has ended and the funds have been transferred, it’s out of our hands.
All investment funds are transferred into an escrow account until closing. If the campaign does not close, all investments will be refunded from these accounts and back to the investors.
Exit can either be by promoter buy back and or sale by listing in secondary market (not IPO).
For all investors, once the company's capital raising has been declared "closed", you can list your shares for resale through the SCIP Secondary Market System which is located on the company page of each company.
SCIP quotes live share prices; it is displayed at the sales tracker section on the Company page. In other words, there is no fixed price, there is only what a willing buyer is prepared to pay and a willing seller is prepared to accept. When you look at the share prices of listed companies in the company page, that price shown is the last price that someone paid that day for a share in the company.
SCIP, is a financial intermediary, and gives no guarantees on returns. All investment opportunities appraised by SCIP are early stage business and are high risk with a return expectation commensurate with the risk.
The startup industry is rapidly growing and there are more high value companies staying private longer. Traditionally, only angel investors and venture capitalists had access to invest in these private companies, but now they're publicly available on SCIP.
It's not just about a potential financial return on investment. It's about becoming part of a company that may change the world. Think about all the startups that have fundamentally changed our culture. Early stage venture capital investing means investing in ideas, entrepreneurs, and innovation. It means changing the way the world works, influencing people's lives, and becoming an inextricable part of that story.
On SCIP, anyone can have access to those opportunities on an open, transparent online market. Without startup investing, the world would be a very different place. Great ideas need you.
Investments by their very nature involve risk. Furthermore, investment in start-ups or early stage ventures employ further risk of success.
Risks involved in investing in start-ups include:
SCIP offers access to quality and screened investment opportunities in early stage businesses without the costs associated with hiring professional managers. Investors also get an opportunity of networking with other investors.
SCIP doesn’t match opportunities with investors. All opportunities are accessible by all investor members. Investment opportunities are notified and can be read in full at our web site. SCIP also has entrepreneur presentations to prospective investors. The investors take independent decisions whether to, or not to invest.
No, SCIP would not be providing any investment advice to the investor. The investment decision shall be at the sole discretion and judgement of the investor.
No, SCIP shall be liable for any investments made by an investor. The investor is expected to conduct his/ her own diligence process to ensure that the target entity is investment-worthy.
We look at consumer-centric business click here to know more.
Yes, the entrepreneur can seek funding in further rounds from other investors on SCIP or otherwise. However entrepreneur can raise capital on SCIP if the objectives of the previous campaign are achieved.
Post-investment monitoring shall be conducted by the investor. The investor dashboard is designed in such a way to that makes monitoring easy.
The companies that you invest if are in idea or product prototype phase will provide updates on a monthly, quarterly and annual basis. The SMEs will provide updates on quarterly and annual basis.
Yes. However to protect investors, SCIP sets a maximum limit on the amount of investment per company.
Here's a few community guidelines to keep in mind while interacting on SCIP.
We ask that all users (experts and entrepreneurs) read and follow these guidelines to ensure that their account isn't in risk of being suspended or removed:
Come with an open mind.
Open minds are strongly encouraged. There's no use allowing the conversation to turn abrasive. It'll get you nowhere. If things start going off the tracks, it's sometimes best to wrap it up and move on.
Being on time
Being on time shows respect and eagerness to meet the other person, which always sets things off on the right foot.
No hawking.
This is a community. You're here to give or receive quality advice so that better decisions can be made in business, not to sell or be sold to. That being said, if, in the conversation, the other person says something like, "Wow, that's interesting - I'd love to be a customer," then it's fair game.
Preparation is key.
5-10 minutes of preparation before the call is highly recommended. Gather your thoughts and questions so you can quickly engage, making the most of the conversation. What do you want to achieve? What do you have to offer? Determining these things beforehand is always time well spent.
We're all friends here.
We don't think anyone should get all lawyered up to have a conversation and that's why they're considered informal and non-binding. Instead, we encourage the Friend-DA approach. Essentially, unless you specifically ask to share someone else’s information with others, then you shouldn't. That also means if someone is telling you about an idea, and you have a business interest in a potential competitor, you should tell them. It's just the right thing to do.
We want you. Not your company.
Some people try and create business accounts on SCIP. That's not how we work. Our members want to know who YOU are, not your company. If you don't feel comfortable disclosing that, then we may not be a good fit. Real people and reputation is the key to making SCIP work.
The door
Our members dig the positive, solution-oriented vibe at SCIP. If you're not happy here or if you step on too many toes and interfere with our warm, fuzzy atmosphere - it may be best to part ways. Your account may be suspended or removed and we'll chalk it up to the stars not aligning while wishing you the best.
Syndicate is where investors to co-invest with accredited individuals, angel investors, venture capital firms and High-Net-Worth-Individuals such as lawyers, accountants and other professionals that have an eye for investment opportunities.
The opportunity is presented to the SCIP investor network only when the syndicate lead has conducted his due diligence.
To learn more on how SCIP works, please visit – How it works
The first step is to complete an application. Your application will then be reviewed to determine if it meets the criteria of SCIP please register.
To verify your identity, we ask you to provide us with copy of your Passport and Pan card details. Until we’ve verified your identity, you will not be able to create a syndicate, so try and get your passport copy over to us as soon as possible.
To know more on the cost of working with SCIP, please visit fees.
Yes, Syndicates comply with securities regulations
Syndicate Lead is the individual representing the syndicate.
No. You can create an investor account and invest.
Yes. To verify your identity, we ask you to provide us with a copy of your Passport and Pan Card details. Until we’ve verified your identity, you will not be able to work with the entrepreneurs, so try and get your passport copy over to us as soon as possible.
If you are provided with access to a syndicate deal, review information provided by the company and the deal lead carefully. SCIP takes no responsibility for and do not endorse any information concerning companies or deal terms. Should you decide to invest after performing your own diligence (including reviewing the investment memorandum and other documents), you will provide various information in the subscription process and execute a copy of the agreement online.
Syndicate lead decides that.
Why list with Syndicate?
Access: Your business is exposed to our network of high-net-worth and angle investors
Smart money: Experienced and engaged investors can offer more than just capital
Diversity: It’s not just tech and B2C. Investors look far beyond the normal Crowdfunding limits, helping us lead in areas such as life sciences and engineering
No negotiations
Investment size: Syndicate lead sets investment minimums and maximums during the funding round process.
Efficiency: Raising funds typically takes weeks, not months
Closure rate: Over 80% of companies that list on Syndicate raise the funds they need
Transparency: Flat fee on the funds raised through our platform. We do not take a cut of equity
Below is a checklist that will help you to decide if and when you should seek an angel investment.
Firstly you have to register on the Syndicate and then the syndicate lead decides if you can go ahead and raise capital.
For fee structure please visit fees.
Syndicate deals can accept investments for 60 days after launch.
Here's a few community guidelines to keep in mind while interacting on SCIP.
We ask that all users (experts and entrepreneurs) read and follow these guidelines to ensure that their account isn't in risk of being suspended or removed:
Come with an open mind.
Open minds are strongly encouraged. There's no use allowing the conversation to turn abrasive. It'll get you nowhere. If things start going off the tracks, it's sometimes best to wrap it up and move on.
Being on time
Being on time shows respect and eagerness to meet the other person, which always sets things off on the right foot.
No hawking.
This is a community. You're here to give or receive quality advice so that better decisions can be made in business, not to sell or be sold to. That being said, if, in the conversation, the other person says something like, "Wow, that's interesting - I'd love to be a customer," then it's fair game.
Preparation is key.
5-10 minutes of preparation before the call is highly recommended. Gather your thoughts and questions so you can quickly engage, making the most of the conversation. What do you want to achieve? What do you have to offer? Determining these things beforehand is always time well spent.
We're all friends here.
We don't think anyone should get all lawyered up to have a conversation and that's why they're considered informal and non-binding. Instead, we encourage the Friend-DA approach. Essentially, unless you specifically ask to share someone else’s information with others, then you shouldn't. That also means if someone is telling you about an idea, and you have a business interest in a potential competitor, you should tell them. It's just the right thing to do.
We want you. Not your company.
Some people try and create business accounts on SCIP. That's not how we work. Our members want to know who YOU are, not your company. If you don't feel comfortable disclosing that, then we may not be a good fit. Real people and reputation is the key to making SCIP work.
The door
Our members dig the positive, solution-oriented vibe at SCIP. If you're not happy here or if you step on too many toes and interfere with our warm, fuzzy atmosphere - it may be best to part ways. Your account may be suspended or removed and we'll chalk it up to the stars not aligning while wishing you the best.
Companies that are planning to raise capital via SCIP require an advisor to facilitate it. They can be accountants, corporate advisors, business consultants, lawyers.
To learn more on how SCIP works, please visit – How it works
The cost of working with SCIP is detailed in fees.
The first step is to complete an application. Your application will then be reviewed to determine if it meets the criteria of SCIP please register.
To verify your identity, we ask you to provide us with copy of your passport and pan card details. Until we’ve verified your identity, you will not be able to work with the entrepreneurs, so try and get your passport copy over to us as soon as possible.
Must agree to the terms and conditions of the membership agreement.
Find an Advisor
Connect directly
The payment for the services by the advisor will happen offline. Entrepreneur shall let the advisor know the mode of payment.
No. In order to connect with you directly, your phone number and email address will be disclosed to the entrepreneur.
Here's a few community guidelines to keep in mind while interacting on SCIP. We ask that all users (experts and entrepreneurs) read and follow these guidelines to ensure that their account isn't in risk of being suspended or removed:
Come with an open mind.
Open minds are strongly encouraged. There's no use allowing the conversation to turn abrasive. It'll get you nowhere. If things start going off the tracks, it's sometimes best to wrap it up and move on.
Being on time
Being on time shows respect and eagerness to meet the other person, which always sets things off on the right foot.
No hawking.
This is a community. You're here to give or receive quality advice so that better decisions can be made in business, not to sell or be sold to. That being said, if, in the conversation, the other person says something like, "Wow, that's interesting - I'd love to be a customer," then it's fair game.
Preparation is key.
5-10 minutes of preparation before the call is highly recommended. Gather your thoughts and questions so you can quickly engage, making the most of the conversation. What do you want to achieve? What do you have to offer? Determining these things beforehand is always time well spent.
We're all friends here.
We don't think anyone should get all lawyered up to have a conversation and that's why they're considered informal and non-binding. Instead, we encourage the Friend-DA approach. Essentially, unless you specifically ask to share someone else’s information with others, then you shouldn't. That also means if someone is telling you about an idea, and you have a business interest in a potential competitor, you should tell them. It's just the right thing to do.
We want you. Not your company.
Some people try and create business accounts on SCIP. That's not how we work. Our members want to know who YOU are, not your company. If you don't feel comfortable disclosing that, then we may not be a good fit. Real people and reputation is the key to making SCIP work.
The door
Our members dig the positive, solution-oriented vibe at SCIP. If you're not happy here or if you step on too many toes and interfere with our warm, fuzzy atmosphere - it may be best to part ways. Your account may be suspended or removed and we'll chalk it up to the stars not aligning while wishing you the best.
We are sensitive to early-stage small businesses and offer what few firms can offer - access to capital upto $3m.
SCIP processes are effective and efficient for early investment in startups and SMEs.
And SCIP has democratized early stage investment, the traditional preserve of Angel Investors and Venture Capitalists, by giving investors (ticket size $ 3,000 upwards) an opportunity to invest in startups and SMEs.
We are different because we enable entrepreneurs to present themselves directly to investors who take independent decisions where to invest.
SCIP makes early-stage investing efficient by preparing an IPO quality investment memorandum for investment appraisal based upon target return benchmarks. Investors use standardized appraisal and due diligence documents to assess investment opportunities.
We are very different from Venture Capital funds. A VC firm creates a fund promising a targeted return to investors and then searches for businesses to achieve target returns. VCs search for businesses that are ‘investible,' we work with entrepreneurs and small businesses to make them presentable, 'ready for investment' for investors. SCIP is not a blind pool of capital. We do not ask for commitments or draw down funds from investors before identifying potential investments or before due diligence is completed to our satisfaction; we identify potential investments, complete our detailed due diligence and then present the opportunity to the investor network.
VC investments are based on fund manager judgment. SCIP is not an investment gatekeeper. We have created a market place of risk where diversity of investors assess and decide fate of an investment offering. Investment and exit decisions taken directly by individual investors based on their individual liquidity situation and risk profile, shares directly held in the name of individual investors (SCIP does not hold shares on behalf of investors as an intermediary).
SCIP is not a broker. We are creating an efficient market place with robust corporate governance principles, monitoring mechanism and controls to enable directly connect entrepreneurs and investors; we do have long term engagement with both investors and entrepreneurs and our skin is in the game till exit is achieved; we do not have short term focus on getting the fundraising fee by acting just as an intermediary; we dedicate resources to address each of the pain points of the entrepreneurs and investors throughout the process from identifying potential investments to achieving exits for the investors.
SCIP is not a passive entity ‘observing' investments. We supervise investee companies. On behalf of investors we take an active role in ensuring that the investor interest is protected through robust monitoring/reporting mechanism.
SCIP is compensated by the business over the life of the investment. It is compensated for performance, first of the capital raising, and then performance of the investment. A successful capital raising demonstrates that SCIP brings good investment opportunities to investors.
SCIP is not like an Investment Bank. SCIP compensation is phased over the entire investment period, is aligned to investment performance, and is skewed to the interests of the investors. SCIP has a stake in the investment performance.
The four components of the compensation are:
And lastly, SCIP receives compensation, if targeted investment return goals of the issue document are achieved.
SCIP is unique because it has created public issue type infrastructure for SME investment, substantiated hereunder.
An investment offering memorandum is a vital part of the SME investment process. It connects the SME to the investor community. It is a tool for raising funds in a structured and legally compliant way. It enables investors assess entrepreneur vision, motivation, and drive, the business and its growth plans, and assess the risks and balance it with return expectations.
SCIP helps SMEs create capital raising and reporting infrastructure. SCIP guides SMEs establish governance structures and standards, and create financial infrastructure to emulate meticulous operation and reporting standards of a listed company.
SCIP monitors SME growth and development on behalf of investors. SCIP helps SMEs focus on generating returns for investors by accomplishing critical performance milestones, generate targeted revenue, growth, and profits committed in the investment offering document.
SCIP Uniqueness - the size of investment
SCIP is unique because it creates early investment opportunities for small ticket size (up to $ 3m) investment in startups and SMEs in equity capital.
SCIP Uniqueness - SCIP has a stake in the investment performance
SCIP compensation is phased over the investment period, is aligned to investment performance, and is skewed to the interests of the investors. SCIP is compensated by the entrepreneur who prepares quality IPO investment document and is ready to pitch to investors. SCIP receives an amount if the capital raising is successful, the investors deciding the whether or not SCIP has brought a good investment to them. SCIP receives fees for monitoring SME growth and development. And lastly, SCIP receives compensation, if targeted return goals of the issue document are achieved.
SCIP Uniqueness - a efficient market place of risk decides fate of an investment offering
The SCIP gives equal opportunity to all entrepreneurs and SMEs to be subjected a rigorous appraisal and due diligence process. The appraisal and due diligence process self-selects entrepreneurs at the time of entry into the market place of risk. The appraisal process is challenging and rigorous. Only entrepreneurs willing to be subjected to the exactitudes of appraisal and return benchmarks get through. Once in the market, a diversity of investors decides the fate of the investment. The network of investors is a market place of risk - it filters investments opportunities by collecting the perspectives of many investors.
