Photo - Businesses in automobiles
22205

Businesses in automobiles

India
Market: Mechanical engineering, Education, training, Production, Transport, Virtual and Augmented Reality
Stage of the project: Idea or something is already done

Date of last change: 10/09/2017
Min investment
$  500.000
0
Total required
$ 5.000.000
Rating
equalizer 105 из 1000
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Idea

It is the project in which first I will earn with the small project and after 2 years will invest the profit in the next level.

Current Status

I have a startup plan for which I need investors to invest in my project.

Market

Market does not exist. First I will start with my small project which will give me a huge profit which will help me to invest in my next level.

Problem or Opportunity

It is like there are many middle class people who can't afford to buy a luxurious car so I have decided to design luxurious cars in an affordable price.

Solution (product or service)

My company will provide the 3d videos of a basic car which we will sell to people who are interested in learning about automobiles.

Competitors

It's like these days the prices are very high for the people who want to enjoy so I decided to make the price less for the people for the first year and then I will increase the price.

Advantages or differentiators

Advantages with my small project I will be able to invest in my next level project.

Finance

I won't be selling a product in my first project. But in my second project I will be selling my products.

Business model

It's like I will first like to make my go karts which will take 2 lakhs to 10 lakhs to make 20 karts which I will use in go kart racing and I will give the competition to the top 5 go tracks in Mumbai.

Money will be spent on

In building go-karts and go track.

Offer for investor

It likes it depends how profit we will earn. And we will give 30% of the profit earned by the company for 5 Years.

Risks

There are many risks like petrol and gst which can bring down the market.

Incubation/Acceleration programs accomplishment

I just participated in my entrepreneurship compition in which I didn't win . The people who won the first price where selected because they told the meaning of entrepreneur and we wanted to become an entrepreneur and we asked the question why every people are explaining about what is entrepreneur while we want to become an entrepreneur but in the end we were not monitarily supported that's why I took a decision to find a investor who will believe , understand in my plan and will support me.

Won the competition and other awards

Just won a participation ceritificate.
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Idea
Current Status
Market
Problem or Opportunity
Solution (product or service)
Competitors
Advantages or differentiators
Finance
Invested in previous rounds, $
Business model
Money will be spent on
Offer for investor
Team or Management
Mentors & Advisors
Lead investor
Risks
Incubation/Acceleration programs accomplishment
Won the competition and other awards
Invention/Patent
Product Video