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I am a fonder of www.autoofindia.com (AoI). AoI is an online platform for Indian Automotive Industry stake holders.
Our portal is on final stage and it is about to launch.
AOI is an online automotive industry solution provider company. AOI assists and provides solutions to our customers for all kinds of their needs in automotive industry domain. Our different business verticals have an experience and expertise to fulfill our customer’s requirements and satisfy them.
Auto Workshop team guides and helps customers to find the authentic, best, reliable, reasonable and customer centric automobile workshop in their vicinity. AOI team provides all types of repair solutions and the lowest possible quotes for the repairs.
Auto Showroom team guides and helps any automobile car buyer to take informed decisions before buying a vehicle. AOI arranges all types of support like price, quotation, test drive, technical guidance, discount schemes, test drive, deal closing, finance and insurance to our customers.
Auto Business deals with automotive industry OEMs and Corporates for expanding their channel network across the country. AOI works in coordination with the OEMs to scout, evaluate the credentials and shortlist the most suitable partner for their businesses.
AoI will be associated with different service providers / vendors for executing services (Sales and after-sales Service) to its customers.
We are looking for investors who can invest in our startup from the day of launch of this company.
Hi Deepak I gues sit depends what stage your business is in. As for each and every stage there would be a different type of VC (Venture Capitalist) / Investor
The best way to start I would say is to look at potential incubators within your area and presenting to them. Have a thorough read and research them what is their investment strategy. DO not just look for funding, but also what benefit these investors can bring to your start up.
Are there any growth funds / VCs within your city, I would start contacting them and exploring options. All of the VC websites have contact forms or idea submission forms, which you should use. However a more effective way is to network with them or finding out within your network if you know of any who have an investment stratgey of funding start ups within the auto sector or digital tech sector.
What you would definitely need is a pitch, which talks about your business idea, what is the addressable market, how oes your business address the market requirements, how do you sell in that market, what money you would make, what is the growth potential and what money multiple return would the investors make? IF you can answer these questions in a format of a pitch presentation, I am sure VCs and investors will be keen to partner with you
To be honest there isnt any specific period or time, you could go to them even at inception stage or concept stage or at launch stage, it all depends whether they see your idea as a potential to generate returns and they believe in your as management to deliver those returns
Good luck in your fund raising
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