- Country: India
- Industry: Manufacturing
- Stage: Start-up
- Investment size: $200,000 / min. $200,000
- Type of investment: Debt
This is a new invention with huge market opportunities across Asian countries, where the job of blind stitching is still done mainly manually.
Key features of machine are:
1. Straight needle - Provides flexibility to stitch round shape, rectangle shape, v shape without taking up the weight.
2. Ability to lock every stitch - It locks every stitch so stitching can be done safe and effective.
3. Ability to run on heavy cloths – The scope of this machine is much greater because it is able to stitch those clothes which the machines available on the market are unable to stitch. Such cloths and pieces include lades Indian Punjabi suits, jumper necks, sleeves, slates, borders, Sardi's fall, men's safari suits.
If this machine comes into market then the existing theory based blind stitch machine will automatically eradicate.
There is a blind stitch machine available in the market but it is unable to stitch many fabrics because it has no flexibility to stitch round, rectangle and V shapes. This machine also does not provide a locking facility.
Rationale for the deal
This Blind stitch machine is demanded in the sewing machine industry.
There is lots of opportunity of success for the investor because this is a new theory based machine.
Opportunity for the investor
There are lots of opportunities for success for the investor because this is a new theory based machine.
An investor can get royalty income to give right to those companies, which would show interest to manufacture the machine.
An investor can start a franchise system through this project.
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