Round 3

Welcome to final round of Pitch Tank!

● In this round the 12 finalists will be divided into two groups of six teams - A & B.
● In the Sub-round 1 - Group A will act as Pitchers & Group B will act as Investors.
● In the Sub-round 2 - Group B will act as Pitchers & Group A will act as Investors.
● This round will be conducted online.

Sub-round 1:

● All the participants – Group A and Group B will be will be sitting in the online meet.
● The Pitchers will be asked one by one to present their pitch which should not exceed
5 minutes (exceeding the time limit will attract negative marking).
● The pitching teams are expected to be creative and interesting while giving their
elevator pitch.
● After completion of the 5 minute pitch of each team, judges will ask questions. (The
responses to those questions will also be considered for evaluation).
● After judges have asked the questions, the Investors will also get chance to ask
questions to the Pitchers for clarity on the Idea pitched so that they can invest in
Pitchers accordingly (The questions asked by Investors will purely be for getting
better clarity on the business idea in order to help them in investment and their
quality of questions won’t be judged by the judges).
● After all the Pitchers are done with their pitch, the Investors need to invest in the
different business ideas presented by the Pitchers.
● Investors will have a total sum of INR 25 million to invest in the ideas of Pitchers.
● The investment needs to be made in multiple of INR 1 million.
● Investors have to invest in a minimum of 1 and maximum of 3 Pitchers (total amount
of 25 million needs to be exhausted)
● Investors will get 10 minutes after all the pitching of group A is done to decide their
investments. The evaluation of Investors will be done based on how much amount
they invest in any Pitcher's idea and the ranking of Pitchers will be decided by the
judges. Accordingly a larger investment in a better ranked Idea grabs higher points.
● Google form or excel sheet will be floated later to record the investments of each
investor.

Sub-round 2:

● The teams will switch roles in this round. Group A will now become investors and
Group B will become pitchers. This round will be similar to previous one with roles
exchanged for the two groups.

❖ The judges will evaluate the Pitchers based on their elevator pitch.
❖ Being Investors, participants will be judged based on their choice and value of
investments in the different ideas proposed by the pitchers
The final total score of a team will have two components, that of as Pitchers and as Investors
with weightage of 75:25 respectively.