- Country: India
- Industry: Electronics, Electrical Equipment
- Stage: Start-up
- Investment size: $100,000 / min. $100,000
- Type of investment: Debt
Our sleek holder will make it easy to use iPad and the likes, hands free. Can be used in cars, flights, boardrooms, indoor, ergonomically with 360° flexibility.
Long usage of Handheld devices /Tablets to browse the web, watch movies, or read eBooks can cause serious pain to the user's hand, elbows and neck.
It’s impossible to hold a device in hand and read eBooks or watch movies for long hours.
Freehold360°: A New Portable Device Holder That Enables Consumers to Use iPad/Tablets, Ergonomically, both Indoor and Outdoor.
Our sleek holder will make it easy to use iPad and the likes, hands free.
Can be used in cars, flights, boardrooms, indoor, ergonomically with 360° flexibility.
Can be carried in a backpack.
I am looking for funds about $100,000 or Rs.50 lacs to manufacture and sell the product online and at electronics retail stores.
I am expecting a quick break-even: A mere sale of 2000 units at prize point of $65 or Rs. 3000, would be enough to break-even.
There isn’t an interesting holder that lets longer use of iPad/tablets. Yet.
The business has a great growth potential as the Tablet market is growing with millions of users worldwide: The Worldwide Tablet PC market size in 2010 was nearly US$ 9 Billion and it is anticipated to almost quadruple in size by 2012 according to JP Morgan Securities.
The design and engineering parts are done. The project is ready to get to manufacturing.
The additional fund will be used for manufacturing of the first lot of 3000 units, promotion, and packaging and online e-commerce site tie-ups.
If interested to fund or discuss further, please get in touch.
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