Funding guidance needed for manufacturing safes & lockers

By Atul Pawar on January 17, 2015 8 Comments / 1762 views

Hello Folks ,

This is Atul Pawar here, currently working in Mumbai. i am new here. i along with 3 friends (all are engineers ) planing to launch our own brand which will be in manufacturing of safe’s & lockers (electronics) for hotels , banks , Jewellery etc

We have done bit market research & even got some funds from IIT Jodhpur for product development..

but now we want to take it to the next level and started production for business purpose before that we are planning to give away our product to some hotels and bank officials in order to get feedback for improvement purpose.as of now we are planning to start with 3 products.

As being it in initial stage we are very much in short of funds and investing from our own pockets.

Kindly needed suggestions for how we should proceed further as well as idea for the betterment of the product.

Hopeful for getting some suggestions from you people..

Thank you !!

Comments

Atul Pawar

8 Comments

asha chaudhry January 19, 2015, 5:23 am

atul – do you have a company website or pix of the products you will manufacture?

how are you different from other safe & locker manufacturers?

i would urge you to use the search engine to read up the articles we have on funding.

we have a funding pitch template created by alok which you are free to use.

https://www.therodinhoods.com/forum/topics/a-ready-to-use-template-for-pitching-your-business-for-funding
Karan Ahuja January 19, 2015, 6:49 am

Do you have finger print locks built in ?
Atul Pawar January 19, 2015, 10:04 am

Thank you so much Asha. we dont have website or pix as of now as our product is still being developed.

I need some ideas related to marketing .at first we are not going to setup factory as such .we will get it done from one of the vendor.
Atul Pawar January 19, 2015, 10:05 am

Thank you Karan .

we dont have finger print lock as of now . we are developing a product which can be unlock busing magnetic card.
Shravan January 31, 2015, 10:55 am

Atul,

I would suggest you to make a basic website first and put the pics of products which you plan to manufacture.

I am a freelance web developer developing websites for small businesses and brands. I can make a basic but attractive website for your company for as low as Rs.5000 (all inclusive charges)

If you are interested, you can send me a mail at ventures529@gmail.com
asha chaudhry January 31, 2015, 11:31 am

shravan,

pls create a post in the JOBS section to offer your services.
Ajay Shah February 2, 2015, 8:51 am

For marketing, probably this may be of some help.

https://www.indiasecurityexpo.com/fact_sheet.php
Atul Pawar February 2, 2015, 9:02 am

@Ajay Shah – Thank you so much !