Dear investor, please go through below FAQs. If you have any doubts you can mail me.
FAQs
I am happy to answer you
FAQs
We will have potential customers, because there is no competitor in the market like our company. Our company is a startup company with Rs.1 billion worth. This is fast growing concept. Company will finish the making products within 2-4 years and will market the products in 2 years. Company’s expected revenue growth is Rs. 10 billion within 5-6 years. So investors can have huge returns.
How did you calculate market potential? How do you determine industry sales and growth rate?
The main reason for high market potential is our products. Making and supplying electricity without wires is different concept. So we will have fresh market potential and we made some survey on it. Here we are using the atmosphere as natural source as main product, so 75% of investment can be reduced than regular companies (that means we need not to buy wires to supply current, earth is free to use). Hence we can sell the products at reasonable rates except current charges.
What makes your business different or unique?
This completely unique, you know, we have never seen Making and supplying electricity through atmosphere without wires. It is completely different. It is also safe to nature and every living being.
Why would someone be "compelled" to purchase your product or service? What specific needs does it address?
Like travels, farmers who are in remote areas suffering for electricity, film crew shooting at hill station etc. are definitely purchase our product. In villages also people are facing regular power cuts. Roadside vendors are also victims of electricity problems. So we can easily compel many customers to our products.
How do you know that your business has high growth potential?
Our business definitely has high growing potential because of its new and different concept. The main reason is non-competition in the market ultimately; we see a large growth opportunity that scales quickly.
What is it about your management team that makes them uniquely capable of executing on this business plan?
This project is in pre start up stage at present and we will recruit potential and experienced management team as soon as possible after getting funded.
What is the primary risks facing this opportunity?
This is the new company, need to promote the products. Initially makers of generator and invertors and battery will face the down fall. We will have low risks, because this is new product and service.
Who are your competitors?
Currently we don’t have competitors, because there is no such a product or service like this.
What gives your company a competitive advantage?
Generally remotes provide some power with a limited distance system. Our routers and chips can work long distances where ever the atmosphere available. This is biggest advantage to market our products easily.
Does the company have proprietary intellectual property in the form of patents, trademarks, copyrights, etc?
Yes, we have finished the patent, trademark and copy rights & gst & msme Company Registration process is over, Intellectual property is fully protected in world wide.
When will your company break even in terms of profitability and cash flow?
The company will get break even and cash flow after 4 years and It will become profitable business.
How do you plan to acquire customers?
Well-developed marketing strategies are being designed that demonstrate an understanding of products and services. We have calculated average and target revue per customer. Product sales cycle also is planned. We have estimated customer strength for break even.
How do you plan to keep customers?
We plan to sell our products in prepaid and postpaid chips. Customers can buy the electricity according to their requirement. For example, a traveler wants to get charging for his phone. He buys small amount of units. A film maker require want to shoot at a hill station, he buys units according to his requirement. He needs not to rent a power generator and vehicle.
What alliances or partnerships have you entered (e.g. joint ventures, marketing alliances, licensing arrangements, selling / distribution agreements, channel partnerships, software agreements, etc.)?
Currently the company does not have any alliances; we are going to plan for marketing alliance when product is ready.
What is the entry scenario?
This is a startup company; documentation will be processed according to Companies’ Act, once the investor is ready.
