Chatur Ideas

What is Chatur Ideas?

Chatur Ideas is the inception of first ever dynamic, multifarious online platform, which will engage, counsel, and interconnect the entrepreneurial breed of India to investors, financers, and mentors in a controlled investment friendly ecosystem.

As an Entrepreneur, why should I join Chatur Ideas?

Chatur Ideas is a One Stop for every entrepreneur’s needs,where

  • Brilliant and ingenious entrepreneurial ideas will be scrutinized and enhanced
  • Entrepreneurs will be mentored by experienced pool of Industry experts
  • Contest will be organized which will help entrepreneurs get seed capital
  • It would be equipped to handle each and every query of a budding entrepreneur

Who are the Investors and Mentors those are associated with Chatur Ideas?

We have a core “Mentor Panel” who will help the entrepreneurs in the best possible manner to make their idea into a successful venture.Click here to check the profile of our mentors.

Apart from the “Mentor Panel”, Chatur Ideas will provide access to other industry experts as well.

Our Investor panel includes HNI’s, Ultra-HNI’s, Angel investors, Venture capitalists, etc.

How is Chatur Ideas platform secured for members, how is confidentiality of the registered member’s personal details, questionnaire/B-plan maintained?

The entries for #BeAChatur are judged by reputed faculty, established entrepreneurs and industrialists who believe in promoting entrepreneurship. They are themselves very busy people and looking at b-plans is a routine affair for them. Your entry is viewed only by the judges. Presentations are closed room presentations,only the team members and judges will be present during the presentation.

However, we cannot get our judges to sign a non-disclosure agreement (NDA). To view our policy regarding confidentiality, refer to Terms and Conditions.


What is #BeAChaturcontest

A national level Business-Plan competition where brilliant entrepreneurial ideas will be scrutinized and mentored by experienced pool of Industry experts. The best idea would get seed funding of INR 10 lakhs from Investors.

What are the timelines for the competition?

Registration OpensComing Soon
Registration ClosesComing Soon
Announcements of TOP 100 ideasComing Soon
Announcement of TOP 25 IDEASComing Soon
Mentoring Sessions for TOP 25 ideasComing Soon

Is the competition open to individual or team?

You can participate as an individual or as a team.

What should be the size of my team?

Teams canconsist of minimum 2 and maximum 7 members. You may include faculty, industrialists, professionals, etc in your team. Each team is advised to figure out what expertise it needs to develop a successful business plan and build a team which meets those needs.

Anyone and everyone that you feel are fit can be a part of your team.

Can I change my team later?

Yes, you can change your team info and other registration details by logging into the edit profile page. You can even add a team member or drop someone. However you cannot change the details of the Team Leader later. This facility will be available till 30th April 2015. In case of individual applications, you can edit only the questionnaire and profile.

How do I Participate?

To participate in #BeAChatur contest, click here and register with the name of your team leader (in case of a team) or individual.

Once you register, you would be given access to your personalized “Chatur” portal where you would be required to fill up our initial questionnaire to submit your entry. This would also unlock vast repository of resources to help you throughout the competition cycle and even beyond.

You may upload PDF, Word, PPT, Video to present your idea in addition to filling the questionnaire

What is the registration process?

Step 1: Register here for #BeAChatur contest.

Step 2: You will have to provide your details as required. In case of a team, the Team Leader’s details, team member’s details, postal address and other details as required. You will receive a confirmation email once registered.
Click on the confirmation link provided in the email

Step 3: After confirming, you can proceed to the submission page.

What is the registration/participation fee for #BeAChatur contest?

There is NO registration/participation fee.

What is the last date of submission?

The last date for submitting/editing your Questionnaire is 30th April 2015.No editing will be permitted post 12pm on 30th April 2015.

Can I enter multiple ideas?

Yes, you can but with different email ids. One email id can have one business idea which can be edited multiple times before the last date of submission.

I registered more than once for the same entry. What should I do?

A single registration should be done for a single entry. If you have registered more than once, please send an e-mail to, containing details of all the registrations (quote team name and email ids) made for the entry. Also mention the email id that you are planning to use for the rest of the competition. Multiple registrations for the same entry may result in rejection of the registration.

How should I fill the Questionnaire?

The questionnaire of #BeAChatur contest is so designed that compiling the answers to the questions would create a basic but complete image of the Idea. A participant is expected to answer all questions in the questionnaire in detail. For more details read sample questionnaire.

Can I submit additional documents along with the questionnaire?

Yes, you may upload Word, PowerPoint presentations, Excel, PDF and video link of your business idea. This is however optional. Only questionnaire filling is mandatory. The judging will be done only on the basis of the questionnaire and uploads, if any.

How can I confirm that I have submitted the questionnaire?

Post submission, you will see a page confirming the receipt of your questionnaire along with your final submission.

What are the criteria’s for evaluation?

Once the questionnaire has been filled and submitted by the participating teams, it will be sent to our sector-specific “Mentor Panel” for evaluation.

Each entry will be judged by multiple mentors and the final scores will be normalized by proven and genuine statistical methods that will be declared soon.

Questionnaires will be judged on the basis of the following criteria and each criterion would be marked on a scale of 1-10 with 10 being the highest and 1 being the lowest.

Criteria’sDescription and objective
Idea DescriptionThe problem being solved by your idea and how your idea is different from any existing solution. Stage of your idea.
Market AnalysisDescription of market, The growth rate of the market, Entry Barriers and Exit Options.
UniquenessWhat about your idea forms its competitive advantage.
SustainabilityWho are you currently or in future likely to compete against and how do you plan to overcome this competition?
Revenue Model & economic feasibilityThis is about how you plan to make money from your idea. The cost, revenue, and ROI projections. Drivers of revenue and cost to which your model is sensitive. Growth Opportunities.
Social ImpactAny substantial social and/ or environmental benefits.
Use of resourcesRelevant skills of the participants, Experience, Strategic and executional Skills. Any other resources that you wish to deploy and how.
Marketing PlanHow do you plan to reach out your target customer.

How does the shortlisting mechanism works?

All registered ideas go through a rigorous selection process which is headed by a five member mentor team. This team is a part of the “Mentor Panel” and has extensive and deep understanding of businesses. Any idea that is selected by 3 out of 5 members gets shortlisted.

When do I submit the business plan?

Only teams that qualify for the quarter final are eligible for submitting their final business plan.

Please name your file : Idea Name_ChaturIdeas_email id

What is the format of a business plan?

Cover Sheet (Company Name, College/Organization/Company. Presenting Team Members, Team Leader contact info)

Executive Summary

Product or service description (incl. current status of development – beta, prototype, etc.)

Customer/Market analysis (market size and potential market share)

Sales and Marketing Plan (how you will go-to-market)

Intellectual property status (e.g., patents, licenses, etc.)

Competitor Analysis (competitors and your competitive strengths)

Management team and/or advisors, including relevant experience

Financial highlights (cash flow, income statement, & balance sheet)

Offering of the company (how much investment you are seeking, uses of funding, possible exits)

Business Plan Financial Data: Financial data should include a cash flow statement, income statement, and balance sheet.

Although a sample Business Plan has also been made available for reference, it is not mandatory for teams to adopt the same format while writing their business plans.

Click here to view sample business plan.

Where can I get a sample copy of a business plan?

Click here to get a sample copy of a business plan

Where can I get a sample copy of a business plan?

Click here to get a sample copy of a business plan

How will the business plans be judged?

Business plans will be evaluated based on the quality of the plan, the feasibility of the plan and the size of the market opportunity amongst other judging parameters. Judging will be done by our “Mentor Panel”. Various criteria have been laid down for evaluation.

Does my business plan have to be technology related?

No, we encourage all entries across diverse segments that can be developed into a successful business.

What does the winner get?

Seed funding of Rs.10,00,000/- + Mentoring from our “Mentor Panel” and other industry experts + chance to raise more funding from our “Investor Panel”. Chatur Ideas’ Endeavour is to be with theWinner in his journey to set up his venture successfully and provide the Winner with all necessary tools to make his venture a success. Chatur Ideas intent is to continue to support the venture till it reaches advanced rounds of funding or IPO or when the venture can sustain on its own.

Is there only one winner?

Our process selects the best idea and rewards it suitably with all the armor required whether it is mentoring, funding, services, etc. to make it a successful venture.

In any competition, there is a single winner but this does not mean that the others are not equally good. Winner in the race wins by a mili second and hence the close 3 behind him lose. This does not indicate that the other 3 are slow runners. Similarly, the semi-finalists (25) shall be equally good but may have lost out due to some inefficiency which can be rectified, guided and managed by our “Mentor Panel”. Chatur Ideas will create a dedicated team that will work together with the remaining 25 shortlisted Chaturs (part of the semi-final team) to fill in the gaps and provide them with all the necessary tools (mentoring, funding, etc) to make them a success story as well.


Who will have access to mentors with Chatur Ideas?

Quarter finalist, semi - finalist and grand finalist will have direct access to mentors. However, other registered members will have an online option to interact with mentors via “Ask Mentor”. Revert time will be 3 hours to 48 hours.

What areas can I seek mentoring?

Mentoring with respect to all aspect of a business

When will I have access to a Mentor?

A mentor will be allotted to all the teams that qualify for Quarter finale i.e. Top 100. The mentoring session will begin from 25th June 2015.

How does the mentoring program work?

Mentors are sector-specific experienced entrepreneurs or experts who provide assistance and guidance to the participants. These mentors are seasoned industry veterans who have developed and lead successful businesses. Their deep knowledge and immense expertise will help participants shape their business plans efficiently and finally turn into successful business models. Mentors will provide suggestions and feedback to assist participants in refining and enhancing their existing business plan. Participants are not required to have a mentor, although teams are strongly encouraged to take advantage of this opportunity. Teams can select a mentor on their own or requestChatur Ideas team to assign a mentor to assist them.