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Post on Medial

2024-06-26T12:42:07.154Z

Do you know how micromax destroyed itself from losing its place in Indian smartphone market? With the Jio revolution back then,people were surprised about the free internet services.But there's a catch. It would be possible only if the devices are 4g compatible.But micromax had all its models with 3g features.Hence a lot of inventory was returned back from the outlets. Yes there was still a chance to bring forward their phones with latest 4g features.Yet again there's a catch. Micromax always relied on Chinese manufacturers for their products and it was so difficult for the Chinese manufacturers to remodel the product since they have to be informed way ahead in order to make the required customisations. Chinese companies like Vivo,oppo etc have seen this opportunity and launched their own 4g phones in the market.With the make in India movement all the companies started product manufacturing in India. If micromax had their own manufacturing unit things might have been different?

Freaky Fifast

Stealth • 6m

So if I want to start a startup which is related to software then how can I start and can some one give me a full flow like when to pitch , when to look for investments etc ..

Anonymous 1

Stealth • 6m

Build an mvp first.

Freaky Fifast

Stealth • 6m

After that ?

Anonymous 1

Stealth • 6m

Get a initial user base consisting of friends and random people, get feedback, fix it, then look for raising funds

Freaky Fifast

Stealth • 6m

How to raise funds how to find investors ? Btw thanks 😌 for the replies

Amarnath

Stealth • 6m

You will get funding when show people that you can make money. It's as simple as that. Rest all are the technical terms which helps to organise and communicate with others. Avg road map will be like. Get clear picture of what exactly you are tryin

Freaky Fifast

Stealth • 6m

Thanks a lot ✌️

0 replies1 like

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