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Together We Excel
sco 636,kesho ram complex,burail,chandigarh
Please enter the url of a 1 minute unlisted (not private) YouTube or Vimeo video introducing the founders.
In the video please introduce yourselves, explain what you're doing and why, and tell us anything else you want to about the founders or the project. The video should be one minute long and should be uploaded to YouTube. If you don't want other people to find it, mark it as unlisted. Don't mark it as private, or we won't be able to see it. The video should contain nothing except the founders talking. No screenshots or postproduction wizardry please; we don't want this to turn into a video making contest. If you're going to spend time making something cool, put it into your demo/product. Please do not recite a script written beforehand. Just talk spontaneously as you would to a friend. People delivering memorized speeches (or worse still, text read off the screen) usually come off as stupid. Unless you're a good enough actor to fake spontaneity, you lose more in the stilted delivery than you gain from a more polished message. Before submitting the video, you should try playing it yourself, and check that you can hear what you're saying. A significant fraction of the videos we get are inaudible. If you're going to apply at all, you may as well apply with a video we can hear.
Paste YouTube or Vimeo URL Link (ex. www.youtube.com/foo)
Which Founders will be located physically where the program runs during the entire period of the program if we fund you. Mr Ajay Oberoi and Mr sanchit Oberoi , both based at Chandigarh , India
What is your company going to make? We shall provide a portal to pharmaceuticals trading community, to transact online. All distributors shall be able to sell their goods at most competitive prices to retailers as well as distributors, across India . in addition to that we shall provide a platform to manufacturers of pharmaceuticals to promote their company as well as their products.
For each founder, please list: age; year of graduation, school, degree and subject for each degree; employer and title (if any) at last job before this startup. Put unfinished degrees in parens. Make sure to note anyone not able to move to the Bay Area. Mr Ajay Oberoi did his graduation in 1988 in humanities and thereafter involved in pharmaceuticals trading business. Mr sanchit Oberoi did his graduation in 2015 in commerce and thereafter taking care of family business, dealing in pharmaceuticals as well as fast moving consumer goods
Please tell us about the time each member most successfully hacked some (non-computer) system to their advantage. Never
Please tell us about an interesting project, preferably outside of class or work, that two or more of you created together. Include urls if possible. My current project has been conceived and created by me and my son. It's a b2b trading portal for medicines and FMCG . we started working on it in 2018 and now we are ready with the portal as well as apps for android and iOS (in trial phase) You can visit the below mentioned link to have more clarity about the project.
How long have the founders known one another and how did you meet? Have any of the founders not met in person? founders are father and son. Son is 27 years old boy
Why did you pick this idea to work on? Do you have domain expertise in this area? How do you know people need what you're making? We started working on this project in 2018 when we felt the need for such a platform for Pharma community, when we ourselves felt the need for such a platform from where we could procure products of our choice on internet barring geographical barriers, at competitive prices. there was no such platform available then. even today only two players have ventured into this domain but they are not from Pharma background and I personally feel they are not aware of the pain points of the said business. I am into this business since 1989 and now want to venture into this internet based business , which has no geographical barriers, no limits of growth
What's new about what you're making? What substitutes do people resort to because it doesn't exist yet (or they don't know about it)? We can call it one of it's kind of business model in India at present. Though we have come across two business entities which are in a way quite similar to our project, but not the same. As of now there is no such company or a portal dealing into the kind of business model we have conceived and succesfully created. Till now entire Pharma procurement is being done in years old traditional manner, not like we have created.
Who are your competitors, and who might become competitors? Who do you fear most? There is one named Medibox and another is hegan, whom we can consider to be our would be competitors . Honestly we fear none in this domain, as we have been into the traditional format of this business since last 3 decades. We have deep knowledge of the pain points of this trade and have solutions for the same at the same time.
What do you understand about your business that other companies in it just don't get? As conveyed in my last communication, we have deep knowledge of this business, with 30 years of experience , which keeps us ahead of our probable competitors.We are well equipped with all the resolves to the problems being faced by this industry.With all the expertise in this business we certainly have an edge over our competitors. Ready to overcome any challenges in times to come .
How do or will you make money? How much could you make? (We realize you can't know precisely, but give your best estimate.)
If you've already started working on it, how long have you been working and how many lines of code (if applicable) have you written?
How far along are you? Do you have a beta yet? If not, when will you? Are you launched? If so, how many users do you have? Do you have revenue? If so, how much? If you're launched, what is your monthly growth rate (in users or revenue or both)?
If you have an online demo, what's the url? (Please don't password protect it; just use an obscure url.)
How will you get users? If your idea is the type that faces a chicken-and-egg problem in the sense that it won't be attractive to users till it has a lot of users (e.g. a marketplace, a dating site, an ad network), how will you overcome that?
If you're not incorporated yet, please list the percent of the company you plan to give each founder, and anyone else you plan to give stock to. (This question is as much for you as us.)
If we fund you, which of the founders will commit to working exclusively (no school, no other jobs) on this project for the next year?
For founders who can't, why not? What level of commitment are they willing to make?
Do any founders have other commitments during the period of the program?
Do any founders have commitments in the future (e.g. finishing college, going to grad school), and if so what?
Where do you live now, and where would the company be based after the program?
Are any of the founders covered by noncompetes or intellectual property agreements that overlap with your project? Will any be working as employees or consultants for anyone else?
Was any of your code written by someone who is not one of your founders? If so, how can you safely use it? (Open source is ok of course.)
Are any of the following true? (a) There is only one founder. (b) A founder is a student who may return to school when the next term starts. (c) Half or more of your group can't move to the Bay Area. (d) One or more founders will keep their current jobs. (e) None of the founders are programmers.
If you had any other ideas you considered applying with, please list them. One may be something we've been waiting for. Often when we fund people it's to do something they list here and not in the main application.
Please tell us something surprising or amusing that one of you has discovered. (The answer need not be related to your project.)
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