Fundraise prep for Tricity SaaS, D2C & edtech founders
Chandigarh is a planned Union Territory and joint capital of Punjab and Haryana, anchoring the "Tricity" (Chandigarh-Mohali-Panchkula) cluster on a strong services/IT base built around Chandigarh IT Park. But it is a Tier-2 hub with a thin local risk-capital market: 633 DPIIT-recognised startups (Oct 31, 2025) and not a single unicorn. No official city-level annual funding total is published; per StartupBlink, the top three funded Chandigarh startups have raised roughly $54.6M cumulatively, and the city ranks around #257 globally / #10 in India. Government capital flows are modest: AIFs under the central Fund of Funds for Startups invested Rs 21.30 crore into Chandigarh startups and SISFS incubators approved Rs 2.89 crore (cumulative, 2025). For national context, Indian startups raised around $11B in 2025 across ~1,518 deals. The practical reality: seed comes from local angels, growth comes from NCR and Bengaluru.
Funding activity: Chandigarh's 633 DPIIT-recognised startups (Oct 31, 2025) are up from fewer than 10 in 2016, and created roughly 6,260 jobs by Oct 2025 (versus under 300 in 2017), with 297 having at least one woman director or partner. Surrounding Punjab counts 2,000+ registered startups, reinforcing the Tricity as a regional cluster. Central scheme support to date: FFS AIFs invested Rs 21.30 crore, SISFS incubators approved Rs 2.89 crore, one startup took a Rs 15 lakh CGSS guaranteed loan, and 15 startups availed Section 80-IAC tax benefits (all cumulative, 2025).
DPIIT-recognised startups: Chandigarh had 633 DPIIT-recognised startups as of October 31, 2025, up from fewer than 10 in 2016, while surrounding Punjab counts 2,000+ registered startups across the Tricity cluster.. Chandigarh has NO unicorns, confirmed by the Centre in Parliament (2025), and no verified soonicorn ($100M+ candidate) is currently HQ'd in the city. The notable scale stories are PrepLadder (Chandigarh edtech acquired by Unacademy for ~$50M in July 2020) and Jugnoo (mobility, ~$16M raised). The ecosystem remains early and emerging.
Cap Table & ESOP Structuring We clean up founder splits, angel cheques and informal equity, then design an ESOP pool that holds up under diligence, so a messy cap table never shrinks your valuation.
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For Chandigarh and Tricity founders, fundraise-prep engagements typically run from around Rs 40,000 to Rs 1,50,000+ per month, depending on scope, whether you need just a financial model and deck or full cap table, data room, valuation and term-sheet support through a live round. Some founders prefer a fixed project fee for a specific raise. Because Chandigarh has thin local growth capital and most institutional cheques come from NCR/Bengaluru VCs running deep diligence, the investment usually pays for itself by improving valuation, closing speed and the quality of terms. EaseUp scopes pricing to your stage and sector after a free 30-minute consultation, with no obligation.
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