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Steven Reubenstone
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Mechanical Engineer & Tinkerer of Things.
 · New YorkU.S.
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Startup India Hub Pick of the Week: Valtrack Hardware Startup 🏆

Overview

Valtrack is a hardware startup led by Ravi Pujar. Ravi’s Valtrack startup aims to create a much more effective GPS chip for maker Projects that is more durable, replaceable, and configurable with different web server configurations.

If you aren’t familiar with this hardware world – it’s important to note – that GPS technology is critical for most maker/hardware projects – which is a field that is growing every day.

“I want to create a winning product which is easy to use and is not limited in any way and has infinite possibilities for improvement by the community.” – Ravi Pujar

What Excites us about The Venture

Competitive Differentiation and Unique Selling Proposition

The startup has a strong competitive differentiation, and was created to solve certain frustrations makers have in the market place.

“Most of the trackers used today are closed designs made in China and not configurable to other servers and no possibility of them getting repaired.”

  • The components used in this tracker will be made open for easy repairs or replacements.
  • We intend to make this tracker as a development board like Arduino with all goodies like GSM +GPS+Accelerometer+Battery charger+Device control option in one package.

The Team

Ravi is a super impressive engineer – with excellent selling and speaking abilities. He is a true blend of startup founder and engineer.

Technology

We really like the technical developments behind this project as well as the prototyping process that has gone into creating both versions of the device. Real market testing has occurred! 😃

Market Opportunity

The hardware/maker movement is an undeniably surging market. From our research, there’s no stopping in growth in sight.

Stage of Venture

Version 2.0 Prototype that has been rigorously tested. The Project story and video above lay this out in greater detail – but we want to again stress that this hardware has been tested, rebuilt, iterated, and is a position to begin thinking about distribution and selling to customers.

Collaborizm’s Recommendations for Startup India Hub

  • Valtrack needs help incorporating the venture as well as setting up a cap table with his core team.
  • Valtrack Startup need guidance on how to devise a strategy to do their first manufacturing test run. This could consist of an official mentor – or introductions to key manufacturing “gate keepers” that could help drive some additional momentum into their efforts to get this to market. (Will rely on Startup India Hub expertise to comment here).

Where Valtrack Can Go

Valtrack can become a leading hardware niche product for makers world wide looking to use cheap, more effective GPS technology.

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Central point of contact for the entire startup ecosystem in India.
 · New DelhiIndia
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Ravi Pujar

You can refer to Startup India Hub to have an idea about various Government schemes available. For example, ‘Support for International Patent Protection in Electronics & Information Technology’ aims to provide financial support to MSMEs and technology startup units for international patent filing, ‘Electronic Development Fund (EDF) policy’ aims to provide financial support to foster R&D and innovation in technology sectors like electronics, IT and nano-electronics, etc.

As mentioned by you, we would be happy to help you with your deck.

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Ravi Pujar
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Embedded systems engineer, Founder @Valetron Systems, Blogger @www.raviyp.com (Project Leader)
 · DharwadIndia
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Startup India Hub Thank you for the details. I will look at them and study and get back to you. Please guide me on how to proceed on them. There are really nice initiatives by the government unknown to us. Thank you for enlightening us.

Also i m attaching the Initial version of the pitch deck. Please look at it and provide me suggestions on how shall i improve it and i didn’t understand the Market analysis and Business model part. Please help me complete it.
https://www.dropbox.com/s/dbi9saj0p1lmcqi/VALTRACK_V2.pptx?dl=0

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Central point of contact for the entire startup ecosystem in India.
 · New DelhiIndia
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Ravi Pujar

It is great to see that you have begun the process of deck creation. Here are some suggestions for you:
• There needs to be proper segregation between market overview and business model. The former should talk about who your customer is and what the size of this market is, while the latter should talk about how your startup will earn money
• Relevant information can be provided in bullets or with pictograms rather than paragraphs. You can refer to the pitch decks from other successful startups such as Airbnb, Frontapp, Linkedin, attermark, etc. as shared by them online.
• It would be great to present a proper competitive analysis to show unique offerings by your product and distinguish it from other products in the market currently
• Also, it is suggested that you expand on how you plan to sell the 1,000 pieces. Have you identified the target market? What will be your distribution channel? How do you plan to expand?

Do complete the various missing elements in the presentation and we shall present more feedback.

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Ravi Pujar
15
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Embedded systems engineer, Founder @Valetron Systems, Blogger @www.raviyp.com (Project Leader)
 · DharwadIndia
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Startup India Hub Thank you very much for the guidelines and pointers. I will go through and come back with updated deck.
I can take care of the technical differentiation of the product.
Regarding business model, How do me make money,
We normally manufacture and sell the product at a certain profit. Is this is what is expected to be mentioned there, or anything specific needs to be highlighted ? Please suggest.

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Steven Reubenstone
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Mechanical Engineer & Tinkerer of Things.
 · New YorkU.S.
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thank you ravi

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Central point of contact for the entire startup ecosystem in India.
 · New DelhiIndia
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