Suvan Ventures will do the initial screening of applications it has received. After the screening, it will hold 1-2 meetings with the companies. Companies which qualify from this stage will be presented to an Investment Committee. Once the Investment Committee approves, Suvan Ventures will make an investment offer. Besides this, Suvan Ventures may also decide to conduct due diligence calls with current and potential customers to better understand the pain points, pricing, etc.