Job Title

Program OverviewThe AdvantEdge Scout Program is an exclusive, high impact opportunity for individuals who are looking to learn and build a career in the VC industry. As a member of our scout program, you will work alongside our investment team members and are expected to play a pivotal role in sourcing exciting opportunities before they make it to the radar of other VCs. This part-time, remote role will allow you to make an impact in the startup ecosystem, while being compensated based on deal success and your speed of sourcing defines your edge. If you have the ability and network density to spot the next breakout, kickstart your career in VC with AdvantEdge.Ideal Scout ProfileFew years experience in a high growth technology startup (e.g. Founders Office, Tech or Product).Engineering background from Tier-1 colleges with an active alumni/peer network of quality founders.Background in relevant sectors like energy, mobility, AI, robotics, etc.Expectations from ScoutOn average 4-5 hours spent weekly on research, outreach, networking, etc.Sourcing high quality deals (quality over quantity) at speed for the fund.Identified deals to match relevant investment criteria including stage, sectors, cheque sizes, business model, etc.Scouts are expected to maintain strict confidentiality regarding AdvantEdge’s internal discussions and the sensitive data of founders they interact with.Benefits for ScoutWork closely with the investment team and gain a behind the scenes look at how a fund operates.Success based monetary compensation for closed deals sourced.Elevated network and credibility within the startup community.High performing scouts who consistently bring quality deals and demonstrate sharp investment acumen could potentially be hired as a full time analyst.Compensation1% success fee of investment amount upto Rs. 5 Lacs on deal closureInvestment AreasAutomotive, Mobility, Electric Vehicles, Energy, Aerial Mobility, Robotics, Carbon Tech, Artificial Intelligence.Process to Become a ScoutApply via online application formInterview of shortlisted applicants Execute Scout AgreementDigital onboarding with AdvantEdge Investment teamStart identifying and sharing high potential startupsFAQs-Is this a full time or part time opportunity?This is a part-time program intended for individuals interested in startups and you are expected to carry on with your full time roles and spend your free time on the program.-What kind of time commitment is expected?Scouts are expected to on average spend 4-5 hours weekly on the role, however you are free to dedicate more time to generate superior returns.-Can one work remotely?Yes, the program is structured for only remote work and there is no physical presence required. However, we may from time to time organise sessions, which you can choose to attend physically.-Is a background in relevant sectors mandatory?While we prioritize a background in relevant sectors, this is not mandatory and we value high signal networks above all else. If you have deep or proprietary access to founders in relevant tech sectors, we encourage you to apply.-Is prior VC experience required?No, we are looking for highly motivated, self-starters with a founder mindset and there is no requirement to have prior VC experience.-Can I still apply if I do not work at a high growth technology startup?Yes, you can certainly apply. We value high quality deal access and sourcing above all else and even if you are a student leader at a Tier-1 college or a founder or an active angel investor or an ecosystem enabler with a proven track record, your application is welcome.-Do I need to pay any fees or charges to join the program?Absolutely not, there are no fees or charges for the program. Instead, we compensate you based on your sourcing success for the deals you bring to the fund.-How will I be compensated and when will this be paid to me?For all scouts onboarded onto the program, we have structured a 1% success fee upto Rs. 5 Lacs on the Advantedge investment amount for deal sourced by them, payable on final closure of the investment deal.-What happens if two scouts submit the same deal? We operate on a first to submit basis and the scout who first submits a deal in the prescribed format will be the one eligible for the success fee (assuming this is a deal we have not seen at the fund before).-How many scouts will you onboard in the program?We aim to onboard 8-10 hustling individuals to work alongside our investment team.-How long will the scout program last?The program is for a 12 month period with a 1 month probationary period. As a fund, we are always on the lookout for highly talented individuals to join us full-time and this can be a great opportunity for you to showcase your talent to our team.-Will I be able to get a full time role at AdvantEdge after the scout program?We are always on the lookout to expand our team with great talent and top performing scouts good be a good fit for a full time Analyst position.