ICK’s first season contained 24 startups and seven of these startups were successful in amassing 120 million rupees as a result of their ideas that convinced the investors to invest.
This time, in season 2, Careem partners with ICK to provide young and struggling entrepreneurs with an easily accessible opportunity to interact with potential investors and pitch their ideas.
According to Mr. Junaid Iqbal,
ICK is a fantastic opportunity for both, investors and startups. It is time people realize the untapped potential of Pakistani talent.
We are region’s first unicorn (billion dollar company), and being a local startup are eager to help our fellow younglings to accelerate and provide them with resources. This is our ecosystem and we are equally responsible for its growth and maturity.
Here’s how it will work. Startups will have the chance to invite a Careem Car to their doorstep. The Careem Car will comprise of one Captain and one Investor.
The prospects can then pitch their idea to the investor while a Careem Captain drives them around the scenic locations all across the city. They can also hand out any relevant documents to Investors for further consideration of their case.
As the pitching session will end, the prospect will be dropped back home and their inclusion and/or exclusion will be communicated to them later as soon as conveniently possible for the ICK team.
IDEA-ON-WHEELS starts this upcoming Friday, on 22nd September; where users will be able to book the car-type “ICK” till Sunday, 24th September.
Host and Content Producer of the show; Nabeel A. Qadeer shared his thoughts on this partnership saying:
More investors are reaching out, more sponsors and multiple partnerships are round the corner, Careem being a major one. This is just the beginning!
To all the entrepreneurs out there, we are giving you a fantastic opportunity to meet with the investors one on one before appearing on the show; please make the most of it and all the very best!
How to Book Ideas on Wheels
- Book ICK as car-type
- As the car arrives, users will have a total of 8 minutes in the car with investor. Startup-Founder will have 4 minutes for pitching, and remaining for Q&A.
- If you are given a pass by investor, ICK team will take you forward for Season 2.