Wi-Max Startup Investment Opportunity in Bangalore, India

- A start-up involved in reinventing audio product, audio streaming devices, and software.

- Pioneers cutting-edge wireless audio solutions, exemplified by their flagship product, FOX Speaker, which redefines sonic experiences through innovation and high-fidelity sound.

- Created through integrating audio and wireless technology.

- Audio technology includes wireless MR audio streaming, smart AI audio streaming, cutting-edge device provisioning, sleek & portable design, and next-generation audio codec.

- Wireless technology includes high-performance wireless compute module, audio-IoT, wireless Ad-hoc network, master-slave configuration, and legacy Bluetooth 5.0.

- Our speakers are durable and waterproof, so can be taken anywhere without worrying about damage.

- Targeting the B2C market for now.

- Planning to launch in mid-next year.

- Can be used for both personal and commercial purposes.

- Initially, will be selling through our official website, later, we will be selling on other E-commerce platforms like Amazon, Flipkart, etc.

- Officially registered with Spotify for technical development support.

- Business has MCA registration and IEC code.

Our product is a FOX Speaker, which redefines sonic experiences through innovation and high-fidelity sound.

Can be used for both personal and commercial purposes.

Initially, will be selling through our official website, later, we will be selling on other E-commerce platforms like Amazon, Flipkart etc.

Physical assets include office assets, machineries and equipment.

There are 2 offices.

1 in Odisha, which is a subsidiary grant from the government. No rent is paid.

The other office is in Jayanagar, Bangalore. Rent is INR 10k per month.

MCA registration location is in Cuttack, Odisha. But the head office is in Bangalore.

Funding is by Odisha government grant, IIIT - Hyderabad and from start-up Odisha.

No outstanding loans or liabilities.

There are 2 directors, holding equal ownership.