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IIMV FIELD

CHALLENGES

Startup journey is fraught with challenges and our journey is no different. Working remotely, particularly from
a small town, has been challenging for our young startup. Finding talent with the same mission is equally
challenging.
The Fundraising journey has been challenging due to difficult macroeconomic conditions. One of the greatest
obstacles is reaching out to potential consumers and convincing them to invest in our relatively new application.
Slowly but certainly, we are navigating all the obstacles on this journey.

HOW THE NIDHI ACCELERATOR PROGRAM (NAP) FROM IIMV FIELD HELPED THEM

NAP is a very well-structured program by IIMV. Over the past 6 months, we were on a mini-MBA journey with
top notch instructors from IIMV and industry experts helping us navigate each and every step of the startup

building. I believe that we became better entrepreneurs after the Nidhi Accelerator Program.

THE NEXT BIG THING ON THE BUSINESS AGENDA

We have multiple goals to achieve by the end of this year. Top of the list is Launching the full-fledged product
with a much-sophisticated User experience. We have started our efforts in strengthening our brands’ organic
presence, we should be able to scale it. There are a bunch of partnerships we are exploring for distribution
which should be fruitful in the coming days. Overall, exciting times ahead.

OTHER IMPORTANT EVENTS & CELEBRATIONS

CELEBRATION OF WORLD BICYCLE DAY

03 JUNE
On the occasion of World Bicycle Day, IIM Visakhapatnam organised a Bicycle event at its campus. Prof.
Neena Pandey, Chair-PGPDGM, inaugurated the event and about 20 enthusiastic cyclists participated in the

event. She emphasised the contribution of cycling to the reduction of pollution and its immense benefits in
leading a healthy life.

25 VOL.4/ ISSUE 3, MAY - AUGUST 2023