What Happens at MCats


MCats is pioneering an Indian version of Y Combinator, focusing on nascent Tier 2/3 markets.We facilitate the convergence of conventional sectors and modern talent with seasoned startup professionals, leveraging our operational strengths in Cafe, Coworking, Incubation, and Events.


Startup Evaluated


Startups Funded


Co-Founders Club


Startups Exit
(Fully & Partially)


Portfolio Startups


Female Founders




Portfolio Valuation

The Thrive Program

Startup founders often have this question of what Thrive is. Here is an overview of what happens at our Thrive startup acceleration program. You can read more about it below and know why you should apply for the program.

Thrive is India's most promising startup acceleration program for early-stage startups. It is an intense 3-6 month program backward integrated with 150 incubators, and is backed by influential AIFs, VCs, Angel Networks, and leading startup founders. Our "Skin-in-the-game" ideology demonstrates our unwavering commitment to helping your startups grow and scale in this competitive business landscape.

How Does It Work?


The first step of the Thrive program is announcing and inviting applications. Startups are required to fill out the application form, which will include questions about your startup and request you to upload a pitch deck and one-pager pitch.

Thrive is structured into three distinct seasons:

1. Sep-23 Season 1:
● Ayurveda / Wellness
● Healthtech / Fitness
● Climate Change / Sustainability
● Social Impact
2. Jan-24 Season 2:
● Mediatech
● Gametech
● Deeptech / Robotic
● SAAS Based B2B
3. May-24 Season 3:
● Fashion Tech
● D2C Enablers
● Foodtech / Cloud Kitchen
● Agritech
These carefully curated seasons offer specialized support and resources to startups in various industries, nurturing innovation and driving growth within each sector.


Our screening process will be of 2-month duration and comprise three steps.
  ● Reviewing Applications: We will screen the applications based on specific criteria, such as the startup's industry, stage of development, team size, revenue, and funding.
  ● Shortlisting: The applications will be evaluated based on the pre-set criteria, and the most promising startups will be shortlisted from the pool of applicants.
  ● Interview: Shortlisted startups will be invited for a virtual/Hybrid interview round to discuss their business in more detail. It will help our team understand the startup's vision, business model, and team dynamics.


There are three steps to the process of a deal or no deal.
  ● Offer & Acceptance: We will make offers to the selected startups to join the startup acceleration program, and the startups can take further decisions.
  ● Offer First Cheque: Selected startups will receive an initial investment ranging from 20 Lakhs to 1 crore, and they will also gain access to comprehensive program details, along with valuable resources and support.
  ● Term Sheet & Due Diligence: A term sheet will be prepared and shared with the startups to review. Thereafter, a due diligence round will be conducted on the shortlisted startups to perform a background check on the team, review financials, and check references.

Acceleration Program

Thrive,' our Cohort Acceleration Program, spans a period of 3-6 months, encompassing vital components such as networking opportunities and mentorship sessions led by prominent industry leaders and seasoned business experts. This program follows a season-based structure, with a total of 3 distinct seasons. To review the startups and learn more.Apply

Demo Day

Selected startups will be invited to pitch their business ideas to a panel of industry experts and investors. This can be a great opportunity for startups to pitch how they stand out from the crowd and attract investments.

Post Program

The selected startups are bestowed with benefits post-program too, which not only involve expert assistance in legal matters, branding, PR, marketing strategies, and fundraising efforts, but also extend to facilitating the search for a co-founder if needed. Don't worry; we'll stay by your side throughout your startup journey, monitor your progress, and provide support to help you grow your business. To know more Co-Founder