Blitz Bureau
NEW DELHI: Nikhil Kamath and Kishore Biyani have jointly launched The Foundery, a residential business launch pad aimed at identifying and building early-stage Indian startups, according to a report in Entrackr.com.
Positioned as a co-founder factory, The Foundery operates a 90-day residential programme where participants work on taking ideas from concept to an investible business. The model combines elements of a school, accelerator, and venture studio, with a strong focus on hands-on execution rather than classroom learning.
Participants work closely with operators, investors, and domain experts to validate ideas, build products, test market fit, and structure companies. Those selected retain up to 25 per cent equity in the ventures they help create.
Startups that clear internal milestones can receive seed funding of up to Rs 4 crore, along with continued strategic support after the programme.
The Foundery is open to aspiring founders, early-stage entrepreneurs, and mid-career professionals. The selection process prioritises problem-solving ability, creativity, and founder mindset over formal credentials or polished pitches. Applicants go through multiple evaluation rounds focused on idea clarity, execution thinking, and resilience.
Mentors associated with The Foundery include Vijay Shekhar Sharma, Kunal Bahl, Mithun Sacheti, Varun Berry, Rama Bijapurkar, and Aakrit Vaish, among others.
Each cohort concludes with a demo day where startups pitch to a curated investor group. Alongside venture building, the programme also includes a “School of Life” track focused on decision-making, resilience, and founder psychology.
The Foundery will operate as a residential campus-based programme and plans to run multiple cohorts annually.
