Favcy Venture Builders raises Rs 1.8 crore for 'Build To Sell' cohort 1

Venture Builder Favcy has secured Rs 1.8 crore with the successful closure of Cohort 1 of its pioneering program, Build to Sell (BTS). The program, the first of its kind in India, engineers startups specifically for lucrative exits.

What is 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, priming them for acquisitions within 36-48 months. 

The model caters to investors seeking faster returns and founders aiming for successful exits, the release notes.

"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."

Featuring three startups

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 with jaggery and honey.

91 United is empowering blue and grey-collar workers by providing essential services such as tax filing, loan access, and healthcare cost management.

Regal Sutra is making dream weddings a reality by connecting couples with stunning heritage palace venues, creating unforgettable experiences. These startups are poised to disrupt their fields and bring innovative solutions to the market.

“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.”