Anupam Mittal’s initiative DreamDeal that awards micro-grants of Rs 1 lakh to the best pitches done via Instagram Reels is back. The Shark Tank India judge announced the second season, during an IG live. The maverick entrepreneur initiated the show in 2022.
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‘Duniya ki sabse anokha funding platform hai, ‘stated the shark on IG live. He then began by explaining the format of the show. The contestants are to make IG reels of 30 seconds. The reel would describe the contestant’s ideas, the ‘why’ behind them, and what they would do if they received the micro-grant. Amid a flurry of entries, the DreamDeal team picks 10 finalists who are mentored by Anupam Mittal. After the mentorship, 3 winners are picked and endowed with a grant each. The first winner with a grant of Rs 1 lakh and rest of the winners Rs 75,000 each. The grant comes without any equity.
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Anupam Mittal observed that there are many who have plenty of ideas but no resources to get started on the prototype. He says:
The idea is uss se (grant) aap apna prototype bana sake. (The idea is that you can make your prototype with the grant.)”
Anupam further remarks
If you can’t get started, then how will you build?”
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The contest is open to anyone in India, even from a remote village. The contest closes on August 15, and the finalists will be announced by August 20-21. DreamDeal.Me also released an IG ad for the contest.
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Cover: Freepik