What is the initiative about?
We discover, ideate, nurture, engineer and incubate scalable SaaS platforms - in-house. With ideation, platforms and mobility as our strengths, we are working to perfect an ‘assembly line business model' of a 'factory of startups' centered around our 'experiential' style of fusing popular domain expertise and latest technology.
Our vision is to be globally accredited incubator of SaaS platforms, using our ‘assembly line business model' of a ‘factory of startups'.
In our journey, we bore many pangs while starting up and faced challenges in cohorting with multiple providers for resources (capital, infrastructure, technology, skills, talent, mentoring, advice, sales and marketing etc), resulting in loss of focus in building our products.
That’s when we started experimenting with a comprehensive in-house ‘Integrated incubator’ model of nurturing startups. We have been successful at it and loving and living the journey.
Our association with a promoter of a top pharma company on a JV model, for building a suite of products for his enterprise, and taking to the market later for general use, gave us that head start
What is the inspiration behind?
The present model of incubation is not experiential, patches resources, borrows temporary skillsets, inhibits the founders, and is mostly observatory in style. We want to offer a globally relevant, shared service of reusable and proven CxO abilities, technology, domain knowledge by fusing a critical mix of know-hows common to most operations so that startups can concentrate on their core competencies increasing their chances to achieve success better. Our effort is to be able to assembly line that reusable and common abilities across validated start-ups we incubate.
What was the most challenging part of your journey till now? How did you overcome these challenges?*
o Cohorting efficiently
o Acquiring Talent
o Access to capital
o Scaling up
How you think your initiative could change the society/industry.*
We are challenging and going against the grain with some of our ideas
We want to democratize the way the startups are conducted
We dare to dream and want to help others to innovate without fear
We are experiential in style and know the pangs of startups unlike our competition
Share some details about the investments that you have been able to fetch for the initiative till now.*
Completely seeded by founders and other promoters – to the tune of 3 M USD until now
Walked out of an investment with a promoter of a major Pharma Company because of incompatibility
Presently in a major fund raise activity with accredited investors
Also launching our own ICO shortly
What are your plans for next 3 years?
Get funded and raise money to scale up
Built team and talent