Business Description:We have set out to tap energy from the most convenient source around you to power your electronic gadgets. We are currently focused on the mobile phones market, so be it your laptop, bike or even yourself we have a way to keep your mobile phones alive.
Our product development is primarily focused on human/ mechanical power and regeneration. We are targeting rural and emergency power applications, encouraging decentralized power generation.
Energy regeneration is fallout of our development work with exciting applications in automobiles, human power and other areas.
A product example of human power is our Mechanical Charger. This charger is a great emergency solution for mobile phone charging as well as a truly sustainable solution for users in rural and semi urban areas. Key features of the product are: 1) Charges a Mobile Phone anywhere, anytime by one?s own energy. 2) Simply rotate a handle on the charger to start charging. 3) 1 min of rotating the handle gives about 3 min of talk time on the phone or about 30 min of stand-by time. 4) Charge the phone while talking by rolling a special wheel on the charger on any surface with the use of only one hand. 5) Charges several brands of phones by simply plugging on the charger the appropriate adaptor tips that are provided along with it. 6) Highly durable environment friendly energy solution.
Industry:Cleantech
Founded in:2007
Source of idea:Wanted it as an individual customer
Significant Competitors:Freeplay Energy plc., Chinese Competition
Company Details :
Company Name:ideaForge Technology
HeadQuarters:Mumbai
Stage of the company:Several customers or locations
No of Employees (2006):0-5
No of Employees (2007):0-5
Office Locations(2006):0-1
Office Locations(2007):0-1
No of companies promoted:Yes (1)
Profits (2006):preprofit
Profits (2007):1 to 5 lacs
>Partnerships:N.A.
Initial Funding:Personal savings
Addl Funding:Angel investors
Institutitional Capital:No
Revneue Model:We make money by selling to the end customer through our several mobile phone distributors, retailers and online shopping portals.
Awards & honors:N.A.
Promoters Details :
Promoters Name(s):Ankit Mehta
Age:25
HomeTown:Jodhpur
Education:Masters
No of companies promoted:Yes (1)
Family Background:Business
Job:Associate at ZS Associates India Pvt Ltd.
Ex-Job Description:Sales Force Administration
Favorite Book/Movie:Fountain Head (Book), The Dark Knight (Movie)
