Startups - Fund Requirements

FUNDING

We will take help of Venture capital (VC) for funding of our idea as they provide money to seed early-stage, emerging and emerging growth companies.the the the the the the the Venture capital funds invest in companies in exchange for equity in the companies they invest in. Venture capital is a type of private equity. Venture capital is attractive for new companies with limited operating history that are too small to raise capital in the public markets and have not reached the point where they are able to secure a bank loan or complete a debt offering. Venture capitalists are typically very selective in deciding what to invest in; as a result, firms are looking for the extremely rare yet sought-after qualities such as innovative technology, potential for rapid growth, a well-developed business model, and an impressive management team. So for our start-up VC’s seem to be the best option available as we have a young and dynamic team to work for a new and unique idea, in order  to ensure appropriate funding required for the implementation of our idea.

The funds thus gathered by VC’s will be used for entire operations of our company. We will use the funds for sourcing of raw material for the engine, manufacturing, marketing our product to reach out to the customers, to develop a portal to connect with the audience in order to introduce our product etc. We will also be putting aside a buffer amount to use it for unforeseeable needs.