We plan to bring eChai across 100 cities in India. The next eChai Startup Demo Day is on 29 August in Bengaluru and Pune. The next after that is on 26 September, all in person. 11 cities confirmed, 346 founders registered. Any city that reaches 20 interested founders is on too. See your city
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Alchemist Accelerator

1 resource from Alchemist Accelerator we point founders to, and the questions each answers.

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This is the how-to for the exact 'proof of demand you actually gathered' your answer calls for. It gives you the five things a real pilot or LOI agreement must contain (measurable objective, timeline, success metric, each party's duties, exit clause) so the paper you put in your data room signals genuine pull, not a friendly forward. Its best rule for a pre-traction founder: make the customer commit time or money, because an LOI where a senior buyer agrees to weekly check-ins is worth ten polite 'looks interesting' emails.

Using Pilots, POCs, and LOIs to Build Trust and Scale

From Alchemist Accelerator by Alchemist Accelerator 10 min read

  • An LOI is non-binding, so treat it as a signal of intent you walk the buyer through, not a contract you email and hope gets signed.
  • A credible pilot forces customer commitment: senior staff on weekly reviews or actual budget, which is what makes it evidence on a deck.
  • Walk away from pilots with no committed sponsor, misaligned goals, or an innovation team that cannot actually buy, so your 'demand' is real.
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