Edited extracts from the Press Release:
24-hr English business news channel ET NOW has launched ‘Super Angels’, a path breaking series which will witness start-ups raising funds on national television, for the first time. The show will feature 20 of India’s most innovative start-ups and 4 of India’s most influential investors along with a national audience who will choose India’s next ‘Super Entrepreneur’.
The 4 Super Angels on the show are Mahesh Murthy, Managing partner; Seed Fund, Vishal Gondal, Founder; Indiagames, Harshal Shah, Founder; Reliance Ventures and Sanjay Parthasarthy; Entrepreneur and Angel investor. The show will be anchored by Sudhir Syal, Editor; ‘Starting Up’.
Every week one start-up will make a pitch to an investor; the TV audience will then be given a chance to vote for the pitch through SMS, email and Facebook. Five months, after the completion of 20 start-up pitches, the audience votes and the investor’s votes will be collated to choose the final 8 Start-Ups, which will then make their pitch in the grand finale. These finalists will have the opportunity to raise funds between Rs.50 Lakhs & Rs. 2 Crores on the show live. During the 5 month period, the start-ups will be mentored by entrepreneurs handpicked by the show’s Mentoring Partners – ‘TIE’.
The series premiers on 10th May at 10:30 PM and will be aired every Tuesday at 10:30 PM with repeats on Saturdays at 10:30 PM and Sundays at 10:00 AM.
The promo video for the show can be viewed here: http://www.youtube.com/watch?v=BoOvpk-iNZw