First Cheque is a venture capital firm that invests in teams across the Paper-Plan / Pre-Product / MVP stage.

First Cheque

WHO ARE WE?

We are a newly-created entity under the umbrella of India Quotient (IQ). We focus on very early stage start-ups. We don't mind if it looks basic, as long as it promises to grow by leaps and bounds. Here’s what we promise in turn-
- If your product is not ready, you are welcome to sit with us until you get it ready.
- If your product is ready but not really working, we will give you the funds to make it work.
- If your product market fit is not proven, we will give you enough money to get there.
- If your business is doing well, but is still not VC ready, all you need is some money and patience- we’ll do the former, you do the latter. 

In short, we are happy to hold-your-hand until you make it.
We are happy to invest, reap rewards and put the reins of your business back in your hands. Our investments will largely be in terms of money. We are serious about promises- we have a Board, an Investment Committee, Mentors and Investment Managers backing every investment. The founders of our portfolio companies are a part of the IQ team giving you access to a wire-range of mentors and industry connects. 
WHAT SECTORS DO WE LIKE?
We have a special interest for markets that others think are small. That's what the market for books online or restaurant reviews was a few years ago. The intersection of smartphone, big data, and design is changing our lives. We see people all around us buying, talking, getting updated, learning, entertaining themselves, playing on their smartphones- we won’t be exaggerating if we said we are VERY interested in this sector. Basic needs like food, water, housing, healthcare, education, financial products and a little bit of discretionary spend are sectors we’ll lend an ear to!
HOW TO REACH US ?
If you haven't found us through LinkedIn, Twitter, seminars or mutual friends, it's our fault- we ought to be out in the field more. While we fix that, just send us your plan in a simple smart-phone friendly e-mail with no attachments. 

TREAD

Rocket Skills

We crossed 30 responses! 

In statistics, A minimum of 30 observations is sufficient to conduct significant statistics. This is open to many interpretations of which the most fallible one is that the sample size of 30 is enough to trust your confidence interval.

Our confidence is high, let's make this reach far more people. 

Over the weekend, we worked hard to create a comprehensive list of all investors we know who are active in India. Find their employees and tag them in the comments. Let's help all founders out there. 

Link to fund names: https://bit.ly/IndianVCs
Link to form for VCs: https://lnkd.in/g6r_ngfz
Link to responses:  https://bit.ly/IndiaVCList

Humne apna part kia, aap apna karoge na?

"Madad karo, Dua nahi"

We are stoked to share that our portfolio company Rocketlane raised $24Mn in Series B round.

Proud to be one of the first backers of Rocketlane and be a part of its journey. Kudos to Srikrishnan Ganesan Vignesh Girishankar Deepak Bala and the incredible team of Rocketlane. Onwards and upwards!

🚨 We're Hiring at Medial!

Open roles (2 tech, 1 non-tech) for freshers!

If you're passionate about tech, consumer internet, or social media, Medial is the place to be.

Join us in our super cool office to ideate, debate, and execute. 

Reshare for Karma!

Bengaluru, IND.

Proud to be one of the first backers of Wuri (YC W24) and be a part of its journey. Kudos to Pratik Gangwal, Akshay Megharaj and entire Wuri team. Onwards and upwards ! 🚀

Congratulations to Ambitio on being featured in '30 Start-ups To Watch' list for 2024!

Kudos to Dirghayu Kaushik, Vaibhav T., Vikrant Shivalik, and the entire Ambitio team!

Proud to be one of your very first backers and partner in your journey! Onwards and upwards! 🚀

#Top30Startups #Ambitio

As we usher in the New Year, we’re thrilled to share some exciting news from one of our portfolio companies, Bellatrix Aerospace.
 
Bellatrix has been at the forefront of space mobility, pioneering advanced propulsion technologies. Their work spans from deploying nano and micro-satellite constellations to transporting multi-ton communication satellites.
 
Today marks a significant milestone for the Bellatrix team – their electric propulsion system has successfully ascended to orbit!
 
We extend our heartfelt congratulations to the team for this twin mission accomplishment and eagerly look forward to more ground-breaking achievements in the thrilling realm of space exploration!
 
Here's to scaling new heights in 2024 and beyond!
 
As early investors, this development only bolsters our confidence in the team and underscores the potential of India to make a significant impact in the field of space exploration !!

VC:FIRSTCHEQUE

First Cheque