Wed, Dec 7, 2016 | updated 02:10 PM IST

Corseco secures investment worth Rs. one crore from Ameera Shah, Vivek Bhargava

Updated: Nov 02, 2016 12:56 IST

New Delhi [India], Nov 2 (ANI): Securing an investment worth Rs. one crore in less than 30 minutes may seem like a dream to upcoming entrepreneurs, but The Vault is making this utopian scenario a reality.

With Ghaziabad-based Corseco securing funds worth Rs. one crore in the latest episode of the one-of-its-kind Indian reality show, The Vault has once again underlined why it is considered as such a game-changing proposition in the country's start-up landscape.

"With several innovative start-ups having secured investments and visibility through The Vault, we are naturally excited at the disruption the show has been able to create in the investment landscape. What is more encouraging is the fact that several start-ups that have successfully managed to elicit offers from the investors have come from cities which are not typically associated with entrepreneurship. This underlines the kind of difference The Vault has been making to the business dreams of our country's emerging entrepreneurs," said Creator The Vault, Jatin Goel.

The Vault gives aspiring entrepreneurs from around the country a unique opportunity to pitch their business ideas to a panel of investors on television and persuade them to invest money in their ventures.

The objective of the show is to give television exposure to innovative business ideas, highlighting what goes on behind closed doors during an entrepreneur-investor funding pitch.

Open to emerging start-ups, SMEs, the student community as well as household and rural ventures, The Vault has already facilitated investments worth more than Rs. 4.5 crore for ventures participating in the show in just four episodes. (ANI)