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Who owns the equity?
The equity is owned by Konkan School and held until IPO or exit. We do not intend to disinvest until the end, ensuring long-term alignment and reinvestment into future founders.
What happens if you fail?
Many participants join as early employees or co-founders in other funded startups. Successful founders often return as partners with access to the KS MFN clause to mentor and support future applicants.
What kind of startups do you fund?
We fund all types of startups, as long as they do no harm. We avoid involvement with pseudo-science, placebo-based models, or misleading mental health products.
What is the cost?
All you pay is the application fee. There is no membership fee. We provide feedback and logical pathways to help improve and reapply in the next round.
How many times can I reapply?
You can reapply as many times as needed to reach the election round. Most who make it there receive funding, based on their performance and demonstrated commitment.
What happens after you are selected?
You’ll relocate to the Mumbai region for a month-long sprint to accelerate your startup. Founders are encouraged to join the next batch as mentors, which also expands their visibility and network.
Do you take board seats or control?
No, we do not interfere with daily operations. Our role is to support, not control. The board seats we might hold by design are non-participatory and meant on request for founder goals alignment.
Is there a deadline or fixed cycle?
Applications are reviewed in batches, but there is no hard deadline. We believe in rolling opportunities with structured evaluation.
What is the KS MFN clause?
MFN (Most Favored Nation) gives alumni partners access to invest early in future KS-backed companies under founder-friendly terms.
What support do you offer besides funding?
Beyond funding, we offer mentorship, legal & financial advisory, hiring support, and media visibility. Founders get lifelong access to the alumni network.
Can I apply solo or as a team?
Yes, both solo founders and teams are welcome. What matters most is clarity of vision, grit, and learning orientation.
Do I need a pitch deck or traction?
No deck or traction is mandatory. Early-stage or idea-stage founders are welcome. We care more about your thinking, ethics, and potential.
| Component | Process Sponsor | Applicant Cost |
Server Bills | Sponsored by 'Aagstus Hightusk Research' under network obligation finance | $0.00 USD |
Applicat Charge | Covers staff cost to manage applicats throughout their journey. | $3.00 USD |
Co-Workspace | Financed by 'BOMBAY CLUB' Giveaway for Elysium Citade 'STAKE' commitment | $0.00 USD |
Staff & Gadgets | Financed by 'Federation' Grants for a grassroot resistance effort | $0.00 USD |
In-Person Meetup | 'Konkan School' BSF Wing covers 60% expences upto $100 relocation for food, co-housing & tech. | 40% |
