Chapter 4: The Big Pitch – When the Money Got Serious

By 2017, the system had matured.

Now it needed scale.

And scale needs capital.

From Team to Startup

200+ members.

Clear structure.

Sharper messaging.

Now it looked like a startup.

Not just a movement.

The First Product

Finally—something tangible.

5IveB Cricket.

A VR cricket experience.

Built under NewYuga.

Positioned as:

  • Future of gaming
  • World-class Indian innovation

For the first time—

There was something to show.

The Rise of Gen 2

Then came the big leap.

Gen 2 funding.

₹120 Crores.

Not from institutions.

From people.

Again.

The Investment Structure

Structured as:

  • CCPS (Compulsorily Convertible Preference Shares)
  • 4-year lock-in

Presented as:

  • Long-term wealth
  • Early unicorn entry
  • Community-driven investing

The Perfect Pitch

The narrative was refined:

  • IITian team
  • Massive gaming market
  • VR/AR future

And the promise:

Simple.

Memorable.

Effective.

Handling Doubts

Questions came.

Answers were consistent:

Not technical.

Emotional.

Expansion on Ground

Workshops spread across:

  • CBIT
  • NIT Trichy
  • Sastra
  • Amrita

The funnel widened.

Students kept entering.

National Presence

Offices expanded:

  • Hyderabad
  • Mumbai
  • Lucknow

Now it looked like a pan-India startup.

Life Inside (Still the Same)

Despite scale:

  • Salaries remained ₹5K–₹10K
  • Extra income often redirected back

Because:

Mission > Individual.

Always.

The Core Reality

By 2018:

  • One product existed
  • Many were promised
  • Massive funds had come in

But still:

  • Many things were unbuilt
  • Many answers unclear

What This Phase Really Was

Not just growth.

But:

  • Scaling belief
  • Scaling money
  • Scaling expectations

The dream became bigger.

So did the pressure.

Posted May 1, 2026, 11:32 AM UTC

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