Question 1

What is Adhunik Invest?

Accepted Answer

Adhunik Invest is a community-powered startup pitch competition platform. Entrepreneurs submit 60-second video pitches, which are reviewed by the community and expert jury. Top-ranked pitches win prizes from the pool.

Question 2

How does the scoring work?

Accepted Answer

Your composite score is calculated from four components: Community Reviews (20%), AI Quality Score (20%), Jury Score (30%), and Uniqueness Score (20%). Editor's Pick can add a bonus 10%.

Question 3

What is a "Chapter"?

Accepted Answer

A Chapter is a monthly competition cycle with a fixed timeline. Each Chapter has its own prize pool, submission window, review period, and announcement date. New Chapters open regularly, so there's always an opportunity to participate.

Question 4

How do I submit a pitch?

Accepted Answer

Create an account, go to "Compete", select an active Chapter, and follow the submission wizard. You'll record a 60-second video, fill in your startup details, and pay the submission fee.

Question 5

What is the submission fee?

Accepted Answer

The submission fee varies by Chapter and is displayed on the competition page. Part of your fee goes to the prize pool, part funds the Hero Fund for top reviewers.

Question 6

Can I submit as a team?

Accepted Answer

Yes! You can invite up to 3 team members to your pitch. Each member can access the pitch dashboard, and prize money is split according to your team agreement.

Question 7

Can I edit my pitch after submission?

Accepted Answer

You can edit pitch details until your pitch is activated (after AI review and payment). Once reviews start, content is locked to ensure fair scoring.

Question 8

How do I become a reviewer?

Accepted Answer

Any registered user can review pitches! Go to the "Feed" to start watching and reviewing pitches. The more quality reviews you submit, the higher your Hero Score.

Question 9

What is Hero Score?

Accepted Answer

Hero Score measures your contribution as a reviewer. It's calculated from your review quality, comprehension accuracy, helpfulness votes, and referral count. Higher scores earn badges and Hero Fund payouts.

Question 10

What are the review requirements?

Accepted Answer

You must watch at least 80% of the pitch video, answer comprehension questions correctly, and write a review of at least 80 words with constructive feedback.

Question 11

What payment methods are accepted?

Accepted Answer

We accept UPI, credit/debit cards, and net banking through Razorpay. International users can pay via international cards through Razorpay International.

Question 12

How are prizes distributed?

Accepted Answer

Winners receive prizes in 3 tranches: 60% immediately after results, 20% after 30 days with a journey update, and 20% after 60 days with another update.

Question 13

Can I get a refund?

Accepted Answer

Refund eligibility depends on the stage of your pitch. Full refunds are available before activation, partial refunds based on review count if disqualified. See our Refund Policy for details.

Question 14

Why is KYC required?

Accepted Answer

KYC (Know Your Customer) verification is required for prize winners and payouts. It ensures compliance with Indian financial regulations and helps us verify your identity.

Question 15

What documents are needed for KYC?

Accepted Answer

You'll need to provide: a government ID (Aadhaar, PAN, or Passport), a selfie for verification, and your PAN card for TDS compliance on prize winnings.

Question 16

How long does KYC take?

Accepted Answer

KYC verification is typically completed within 24-48 hours. You'll receive an email notification once your documents are approved.

Question 17

When are winners announced?

Accepted Answer

Winners are announced on the specified announcement date for each Chapter. You'll receive notifications via email and in-app if you win.

Question 18

What about tax (TDS) on prizes?

Accepted Answer

Prize winnings are subject to TDS as per Indian tax law. For prizes over ₹10,000, we deduct TDS at the applicable rate and provide Form 26QS for your tax filing.

Question 19

How do I set up my payout account?

Accepted Answer

Go to Settings → Payout Account. Add your bank account details and verify via a small test deposit. This is where your prize money will be sent.

Frequently Asked Questions

General

Pitchers

Reviewers

Payments

KYC

Winners

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