EV Based Skating Board Start-up Brand is Seeking Seed Funding

A Bangalore-based EV based skating-board startup brand, is seeking funds for the business. The business is focused on designing and developing innovative movable and foldable skateboards. The company has produced 100 samples through third-party manufacturers for product testing and refinement and currently in a testing phase With a initial portfolio of 10+ SKUs under its own brand, the company, in R&D stage, operates from a rented office with a core team of four members, having expertise in operations, designing and engineering, and supply chain. The initial go-to-market strategy is online e-commerce, followed by expansion into offline distribution. The startup is offering 10% equity to raise funds for R&D, marketing, launch, and team building, with projected revenue potential of ₹10 crores post funding and commercialization