
First Cheque
First Cheque is an early-stage investment firm focused on backing ambitious founders and providing comprehensive support throughout their journey.
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Tell us what it's like to work at First Cheque!Description
First Cheque is a venture capital firm that provides seed funding to early-stage startups in India. Their focus is on backing ambitious founders from the ideation stage through pre-product, MVP, and beyond. They offer a standard investment of INR 75 lakhs and are known for their quick turnaround time, with the first call to term sheet happening within 10 days. Beyond funding, First Cheque offers a comprehensive support network, including mentorship, community building, expert connects, and access to valuable resources like AWS credits and partnerships with various tech companies.
First Cheque is committed to being more than just an investor; they act as partners and cheerleaders for their portfolio companies. Their team is comprised of experienced operators and investors who offer guidance and support in areas such as product development, marketing, growth, and fundraising. They also boast a network of "Friends of First Cheque," successful founders and executives who are available to connect with and mentor their portfolio companies.
Benefits
First Cheque offers a robust benefits package that extends beyond traditional financial support. They provide access to a network of expert mentors and operators, a dedicated community forum, and discounted deals with top service providers like AWS, Google, and HubSpot. Additionally, they offer guidance on crucial business development areas like monetization, fundraising, growth, and community building.
Mission
First Cheque is a seed stage venture capital firm focused on backing ambitious founders across various sectors. They provide early-stage funding of INR 75 lakhs and aim to support founders from the ideation stage through to product development and beyond. First Cheque differentiates itself by providing a robust ecosystem of resources, including mentorship, expert connects, and access to a dealbook of leading service providers, to accelerate growth for their portfolio companies. They prioritize building a strong community and fostering a culture of learning through events like Demo Day and their Whatsapp group, providing invaluable support to founders throughout their entrepreneurial journey.
Culture
First Cheque fosters a supportive and collaborative culture centered around empowering ambitious founders. They prioritize building strong relationships with their portfolio companies, acting as friends and mentors before investors. This is reflected in their commitment to providing ongoing support beyond investments, including access to a vibrant community of founders, operators, and investors, as well as valuable resources and expert connects.
DE&I
First Cheque's commitment to diversity, equity and inclusion is evident in their diverse team and the "Friends of First Cheque" network, featuring founders from a range of sectors and backgrounds. This fosters a supportive and inclusive environment for portfolio companies, encouraging diverse perspectives and mentorship opportunities.
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