A company successfully accelerated by THE GAIN is a Wi-Fi and IoT products and solutions provider.
This company is the only service-centric, multi-vendor, integrated management system in the industry, that supports smart city, WiFi-as-a-Service, and IoT through a single platform. With the significant investments in smart cities currently being made, especially in India, this company is well positioned to service this booming industry. With its deep data analytics capability and innovative hardware solutions, the company provides an end-to-end integrated IoT solution. The company is led by a “Top 10 Innovators of India” Awardee and is a graduate of the Tata Elxsi Incubation program, making it an ideal candidate for our Excelleration program as it has already experienced the initial turbulence of the startup world.
The Excelleration program was vital for this company in identifying a product roadmap and narrowing down a go-to market strategy providing the company with laser-like focus in targeting their customers. Apart from access to domain experts, THE GAIN provided recruitment and HR services to assist in new hiring of employees and salary and payroll concerns. As a part of our funding, we included co-working space for a team of 4 for 1+ years. We are capable of handling the extra coworking spaces needed for their growing team.
The company has completed several product validation rounds and entered the market with a successful and proven product. The company is currently in contract negotiations with several large telecom corporates who are ready to adopt the product for their industry. They also have a more efficient and streamlined operations with a lean focus upon completion of our program. The company has also steadily built up its sales team to handle the rapid product infiltration.