{"id":3749,"date":"2016-05-27T12:20:09","date_gmt":"2016-05-27T06:50:09","guid":{"rendered":"http:\/\/www.ishwark6.sg-host.com\/?p=3749"},"modified":"2016-05-27T12:20:05","modified_gmt":"2016-05-27T06:50:05","slug":"fundtonic-pr","status":"publish","type":"post","link":"https:\/\/startup-buzz.com\/?p=3749","title":{"rendered":"FundTonic to revolutionize the way start-up funding works in India"},"content":{"rendered":"<ul>\n<li>A first of its kind funding platform that enables funding for ventures that maximize returns<\/li>\n<li>Aims to reach 2000 Investors and 5000 start-ups by next year<\/li>\n<li>Download Application <a href=\"http:\/\/www.fundtonic.com\/share\">fundtonic.com\/share<\/a><\/li>\n<\/ul>\n<p><strong>Mumbai<\/strong>\u00a0&#8211; <strong>26<sup>th<\/sup> May, 2016<\/strong>: FundTonic, a fin-tech company, which aims to revolutionize the entire start-up ecosystem, launched their first online platform (Downloadable Link) today. They aim to reach 2000 Investors and 5000 start ups by next year.<\/p>\n<p>FundTonic uses sophisticated proprietary technology that evaluates potential start-ups with a fine-tooth comb and showcases the relevant start-ups to the keen investors. This process enables investors to have easy access to pertinent start-ups. At the same time, start-ups get to know their scalability and investability.<\/p>\n<p><strong>Akshit Gupta, Co-Founder, FundTonic<\/strong> said, \u201cYear 2016 did not begin well for start-ups. As many of them either shut shops or merged with large corporates. The closure cycle of investments became long. However, I consider this as a positive sign that investors are no longer content with just the overall projection and valuation of a business; they want in depth analysis of the start-up, wherein they decide to invest money. Considering this current situation, we decided to launch our platform.\u201d<\/p>\n<p>\u201cWe endeavour to deepen the start-up eco-system in Tier 1 cities and build infrastructure in Tier 2 and Tier 3 cities by making partnerships to achieve the larger objective of identifying and scaling disruptive ideas across the country.\u201d, he added.<\/p>\n<figure id=\"attachment_3793\" aria-describedby=\"caption-attachment-3793\" style=\"width: 1532px\" class=\"wp-caption alignnone\"><a href=\"http:\/\/www.ishwark6.sg-host.com\/wp-content\/uploads\/2016\/05\/IMG_8748.jpg\"><img fetchpriority=\"high\" decoding=\"async\" class=\"size-full wp-image-3793\" src=\"http:\/\/www.ishwark6.sg-host.com\/wp-content\/uploads\/2016\/05\/IMG_8748.jpg\" alt=\"FundTonic Launch\" width=\"1542\" height=\"796\" srcset=\"https:\/\/startup-buzz.com\/wp-content\/uploads\/2016\/05\/IMG_8748.jpg 1542w, https:\/\/startup-buzz.com\/wp-content\/uploads\/2016\/05\/IMG_8748-300x155@2x.jpg 600w, https:\/\/startup-buzz.com\/wp-content\/uploads\/2016\/05\/IMG_8748-300x155.jpg 300w, https:\/\/startup-buzz.com\/wp-content\/uploads\/2016\/05\/IMG_8748-768x396.jpg 768w, https:\/\/startup-buzz.com\/wp-content\/uploads\/2016\/05\/IMG_8748-1024x529.jpg 1024w, https:\/\/startup-buzz.com\/wp-content\/uploads\/2016\/05\/IMG_8748-768x396@2x.jpg 1536w\" sizes=\"(max-width: 1542px) 100vw, 1542px\" \/><\/a><figcaption id=\"caption-attachment-3793\" class=\"wp-caption-text\">FundTonic Launch<\/figcaption><\/figure>\n<p><strong>Mr. Nalin Kumar, chief investment officer, SAIML (SREI alternative investment managers limited)<\/strong> said, \u201cTwo decades ago, getting the capital for budding enterprises was challenging. Now the situation is changing. Many start-ups are spawning, as more and more importance is being given to innovation and both entrepreneurs and investors are willing to take risks. However, investors and start-ups should keep in mind that failure of some kind is bound to come; knowing how you deal with it is important. Minimizing losses for the ecosystem by increasing successes and reducing probability of failure is a big step and FundTonic is well positioned to achieve this\u201d<\/p>\n<p>FundTonic\u2019s app will be available on Android and iOS platforms.<\/p>\n<p><strong><u>About FundTonic<\/u><\/strong><\/p>\n<p>FundTonic is an investment advisory and eco system enabler that aims to make start-up funding relevant for all stakeholders backed by deep focus on analytics. With their unique DIY Business Plan application, start-ups can build the business plan that gets best of the investors interested. Simultaneously, they solve all problems faced by investors by providing tools for, Portfolio Performance Monitoring, shortlist start-ups, lead transactions or being a part of syndicate.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>A first of its kind funding platform that enables funding for ventures that maximize returns Aims to reach 2000 Investors and 5000 start-ups by next year Download Application fundtonic.com\/share Mumbai\u00a0&#8211; 26th May, 2016: FundTonic, a fin-tech company, which aims to revolutionize the entire start-up ecosystem, launched their first online platform<\/p>\n","protected":false},"author":22,"featured_media":3795,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[374,21],"tags":[923,375,70,875],"class_list":["post-3749","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-pressrelease","category-start-up","tag-fundtonic","tag-press-release","tag-startup","tag-startup-buzz"],"aioseo_notices":[],"jetpack_featured_media_url":"https:\/\/startup-buzz.com\/wp-content\/uploads\/2016\/05\/PR-Media-Image.jpg","_links":{"self":[{"href":"https:\/\/startup-buzz.com\/index.php?rest_route=\/wp\/v2\/posts\/3749","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/startup-buzz.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/startup-buzz.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/startup-buzz.com\/index.php?rest_route=\/wp\/v2\/users\/22"}],"replies":[{"embeddable":true,"href":"https:\/\/startup-buzz.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=3749"}],"version-history":[{"count":4,"href":"https:\/\/startup-buzz.com\/index.php?rest_route=\/wp\/v2\/posts\/3749\/revisions"}],"predecessor-version":[{"id":3796,"href":"https:\/\/startup-buzz.com\/index.php?rest_route=\/wp\/v2\/posts\/3749\/revisions\/3796"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/startup-buzz.com\/index.php?rest_route=\/wp\/v2\/media\/3795"}],"wp:attachment":[{"href":"https:\/\/startup-buzz.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=3749"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/startup-buzz.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=3749"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/startup-buzz.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=3749"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}