Co-Founder Capital Partnerships

Capital Partnerships & Structuring + Gov–Programs Co-founder: 3.5% for 50 lac capital infusion

This is not a job role, but a Founder–Partner opportunity, where the incoming partner will also contribute capital as outlined above.

About Ethyx

Ethyx has recently closed a round at INR 12 crore valuation and is building the next generation of trust infrastructure for MSME and SHG finance. We're creating a platform where finance, technology, and sustainability converge: every invoice becomes a proof of trust, every flow of money carries its ESG/SDG story, and every small entrepreneur can be part of a verifiable, dignified growth journey.

As a founding team, we value ownership, curiosity, and resilience. We thrive in the messy intersections of finance, policy, and technology, where there are no easy answers but immense potential for transformation. If you're driven by purpose, excited by building from first principles, and ready to co-create an ecosystem that aligns — Ethyx is the place to do it. 

Our Work Culture

At Ethyx, we are not building a typical startup — we are shaping a system that demands first principles thinking, resilience, and initiative. We operate with a culture of self-drive and ownership, where every team member is expected to be a creator, problem-solver, and go-getter. There are no hand-holding manuals here — we believe in carving paths where none exist, experimenting boldly, and iterating fast. We don't believe in meetings, everyone meets their own deadlines.

Ethyx is a place for those who want to co-create, not just contribute; who are self-driven, agile and not get perturbed with Pivots. 

Roles & KPIs

Day 30 KPIs— "Pipeline & Paper"

§  Build a single deal memo (2–3 pages) for "Program-linked MSME credit rails" (no retail solicitation).

§  Outreach map & slots (10–15 warm targets): FMO, GuarantCo, DFID/FCDO windows, SIDBI linkages (Satya P. Singh, Chintan Gandhi), Waterfield/Client Associates, HCL/JSW CSR, ACT/CEEW climate corridors, India Accelerator (IFAD/CLASP/Ceniarth/Clarmondial).

§  Structures menu: program credit line, first-loss/guarantee, pay-as-we-save for DISCOM EE, SIDBI PRG/FFS adjacency.

§  Lock escrow/E-NACH/pay out stack (e.g., Yes Bank/RBL/ICICI + Razorpay/ Cashfree), term-sheet templates, fee schedules.

§  Targets (sample owners for outreach first month)

o   DFIs/Impact: FMO (Shubhada/M. Koppenol), BII/Srini N., Convergence/Climate Lab (design grants), GEAPP/CEEW, ACT Grants climate infra.

o   Wealth/FOs: Waterfield, Client Associates, ASK, 360 ONE PP-MLD desks (only for program-aligned notes).

o   Banks/NBFCs: DBS/StanC transaction banking; Apollo Finvest (infra learnings).

o   Incubators/Networks: Headstart (Investor Circle/Mafia/Micro-VC Summit), NICE Angels, iHub Gujarat (Rudri), Venture Center (Pune), India Accelerator (Gurgaon).

Success by Day 30

12+ calls booked; 3–4 NDAs signed; 1–2 LoIs for program-linked facilities (even conditional).

Day 60 KPI— "Terms & Validations"

§  Two term-sheet drafts in play (one DFI/CSR facility, one bank program line with guarantee overlay).

§  Compliance pack v1 (credit policy, collections SOP, KYC/AML, pledge/SH-4 kit, RERA/escrow playbooks).

§  Pricing & RAS sheets aligned to CTO's score outputs; pilot cohort economics (AUM, CAC, DPD).

§  Co-marketing rules (no retail claims, program disclaimers).

Success by Day 60

At least one conditional TS + one MoU with a bank/NBFC for a small program line (₹3–5 Cr) pending pilot metrics.

Day 90 — "Close & Deploy"

§  Anchor facility ≥₹10 Cr (or equivalent multi-party stack) conditionally approved; fee & covenant model finalized.

§  Collections & treasury flows dry-run; escrow live; reporting cadence agreed (weekly ops, monthly portfolio, quarterly ESG).

§  Second lane opened (e.g., SIDBI PRG or CSR-backed guarantee) to de-risk first.

§  Capital owners (examples):

o   FMO/GuarantCo/DFID/GEAPP/ACT/CLASP/Ceniarth/Clarmondial → Facility/guarantee conversations.

o   Waterfield/Client Associates/ASK/360 ONE/Anand Rathi/InCred PP-MLDs (only principal-protected, program-linked) → structured note explorations.

o   DBS/StanC/ICICI/Axis (Open Banking) → payments/escrow/SCF discussions.

o   Headstart/NICE/iHub/Venture Center/India Accelerator → warm intros, validation credits, co-branding.

Government-Programs Co-founder role — 30/60/90

Day 30 — "Doors Open"

Target list + calendar locked for:

§  ZED / RAMP (MoMSME) — AS & DC office, Director (RAMP) Ms. Ankita Pandey; helpdesk emails you pasted.

§  SRLMs — pick 2 states (e.g., Bihar BRLPS, Rajasthan, Gujarat).

§  DISCOM EE — one state DISCOM + EE program lead.

§  STPI CoEs — shortlist 2 relevant CoEs; prepare joint pilot note.

§  Draft 3× two-page concept notes (ZED, SRLM, DISCOM EE) explaining Ethyx rails + telemetry + program KPIs.

§  Spin up Safe Pilot Cycle with relatives/producer co/SME shells (pre-verified GSTIN; small ticket; pure evidence run).

Success by Day 30

2–3 LoIs or email approvals to draft MoUs; safe pilot scoped.

Day 60 — "MoUs & First Pilot"

§  Sign 2 MoUs (e.g., one ZED/RAMP node + one SRLM or CoE).

§  Pilot #1 live (safe pilot): 25–50 invoices processed on CTO rails; consented data; ESG/SDG tags.

§  Submit 1–2 program applications (SIDBI promotional/cluster, STPI CoE, state SRLM special projects).

§  Partner ops playbook v1 (what data, how measured, grievance redressal, subsidies mapping).

Success by Day 60

Two signed MoUs; pilot data flowing; at least one program app acknowledged.

Day 90 — "Three Pilots & Budget Line"

§  3 pilots live (safe + 2 external).

§  Budget note issued by one program owner (or CSR partner) allocating ₹2–3 Cr against pilot scaling.

§  ESG/SDG dashboard ready for review by SIDBI/DFI/CSR partner; case study drafted.

§  Gov-Programs owner (examples):

o   ZED/RAMP contacts you pasted (Dr. Rajneesh office, Ms. Ankita Pandey, RAMP helpdesks).

o   SRLMs (Rajasthan, Gujarat, Bihar contacts you mentioned).

o   STPI CoEs (FinBlue, Image, NEURON etc.), iHub Gujarat (Rudri), Venture Center (Pune).

o   IFAD/CLASP/Ceniarth/Forum for the Future (via India Accelerator/Gurgaon) → program co-funders.

o   NICE org (NICE Angels/Entrepreneurs), Headstart (Investor Circle, Mafia, Micro-VC Summit) → validation + warm intros.

What We're Looking For

We are looking for a co-founder who is more than just a role title — someone who wants to build Ethyx as if it were their own. This means:

·       Self-initiative & resilience: You thrive without a playbook, can handle ambiguity, and keep moving forward when the road gets tough and are ok with frequent pivots.

·       Creator mindset: You don't just solve problems, you create new possibilities. You're as comfortable sketching on a whiteboard as you are structuring deals or designing systems.

·       Go-getter drive: Whether it's opening doors with investors, engaging with ministries, or getting into the weeds of product, you chase outcomes, not just effort.

·       Financial commitment: Beyond time and expertise, you bring in skin in the game —

o   Contribute ₹50 lakhs in capital for 3.5% equity

How to Connect: pranavnahar@gmail.com, +91-9790964307 ( WhatsApp message)