Full information about startup Makenica on Unicorns Club

15 h

01 m

38 s

Now's your moment: join as a startup or investor and get a welcome bonus — earn up to

Please wait, the image is uploading...

The uploaded image must not exceed 20 MB. Acceptable formats: .jpg, .jpeg, .png, .webp

15 h

01 m

38 s

Now's your moment: join as a startup or investor and get a welcome bonus — earn up to

Please wait, the image is uploading...

The uploaded image must not exceed 20 MB. Acceptable formats: .jpg, .jpeg, .png, .webp

Makenica

Makenica is a digital manufacturing plat for producing custom mechanical parts, helping them hardware startups through product development and commercialization.

Spotlight

Makenica is a founder-backed startup, currently raising $1M

The startup is in the validation stage and has onboarded early users

The company is focused on Asia

Current funding round

Round is open

Stage

Pre-Seed

Round size

$1M

Pre-money valuation

Limited Access

Investor equity

Limited Access

Revenue in the last 12 months

Limited Access

Valuation in 4 years

Limited Access

Instrument type

Debt Financing

Equity

Convertible Note

SAFE

Growth Forecast

Limited access

This data is under wraps

Funding readiness level

3/9

Verified business concept, initial small funding secured.

- Well described business concept and initial verification plan (incl. hypothesis to verify, goals )
- Basic insight and knowledge of different financing options
- Obtained first small soft funding (50-200 KSEK) for commercial verification according plan

team Readiness Level

4/9

Essential competencies in place, recruitment underway.

- A champion (driver and committed to take the project forward) is present in the team
- Several, but not all, competencies necessary are present, typically multiple individuals in team.
- A plan is in place and initiated to recruit persons with defined needed skills (described e.g. in a requirement profile). Activities initiated for ascertaining key resources in e.g. partnerships.
- The team has started discussions on ownership as well as roles and commitment going forward

Team Background

Background:

Not applicable

Meet the Team

Co-Founder

Vishal Pratik

CEO (Chief Executive Officer)

8 years of experience

Co-Founder

Harsh Bhikadia

CTO (Chief Technology Officer)

8 years of experience

Co-Founder

Praveen Khichar

COO (Chief Operating Officer)

8 years of experience

Co-Founder

Ashutosh Gupta

CMO (Chief Marketing Officer)

8 years of experience

Co-Founder

Vishal Pratik

CEO (Chief Executive Officer)

8 years of experience

Co-Founder

Harsh Bhikadia

CTO (Chief Technology Officer)

8 years of experience

Co-Founder

Praveen Khichar

COO (Chief Operating Officer)

8 years of experience

Co-Founder

Ashutosh Gupta

CMO (Chief Marketing Officer)

8 years of experience

Key metrics & Growth Rate

Revenue

Paid users

All users

Limited access

This data is under wraps

ABOUT

Demo

17 Jun 2024

Makenica is a digital manufacturing plat for producing custom mechanical parts, helping them hardware startups through product development and commercialization.

Traditionally, the process of sourcing custom parts entailed engaging with a multitude of vendors, go through exhaustive vetting processes, negotiations, and order tracking. Makenica disrupts this cumbersome model by providing a consolidated, user-friendly interface akin to the transformative impact of cloud computing on software development.

Details

Industries

Manufacturing / Industry 4.0 / 3D printing

Industrial IoT (Internet of Things)

Medical Devices

Aerospace

Hardware

Start date

31 Dec 2020

Name of legal entity

Makenica Private Limited

Incorporation date

25 Apr 2023

Company location

India

Country where most of the founders are currently located

India

Website

makenica.com

STARTUP READINESS LEVEL

7/9

Validating revenue model

With revenue generation underway and a core team in place, we're experimenting with pricing and revenue streams to align with market demand, focusing on sustainability and scalability.

Business models

How we make money

Limited Access

Opportunities

B2B (Business-to-Business)

Marketplace Model

Outsourcing Services

Pay-as-You-Go (PAYG)

business Readiness Level

8/9

Scalable business model validated by sales and metrics.

- Sales and other metrics show the business model holds and is profitable e.g. customer acquisition is not costing too much.
- The business model shows it can scale (potentially globally). Sales channels and supply chain are fully in place.
- Business model is set but is continuously fine-tuned to explore more revenue options

Marketing

Marketing strategy

Limited Access

Channels

Limited Access

IP Protection Readiness Level

3/9

Detailed key IPRs, initial technical field search.

- Considered what forms of IPR are key and could/should be protected ( e.g. through patents)
- Sufficiently detailed description of possible IPR and patentable inventions (invention disclosure)
- Made own searches/analysis of publications, state-of- the art solutions etc.
- Possibly initial searches by professional to find prior art within patent databases

customer Readiness Level

9/9

Scaling widespread product sales.

- Widespread product deployment, sales to several customers in a repeatable and scalable way.
- Customer creation- company focuses on execution with growth of sales and efforts to build user/customer demand etc.

Customers geography

followed by:

bages:

No achievements or badges added yet

21 key updates

Last updated: 13 March

Now's your moment: join as a startup or investor and get a welcome bonus — earn up to 350 Sparks

Now's your moment: join as a startup or investor and get a welcome bonus — earn up to 350 Sparks

Makenica

Spotlight

Makenica is a founder-backed startup, currently raising $1M

The startup is in the validation stage and has onboarded early users

The company is focused on Asia

Current funding round

Stage

Round size

Pre-money valuation

Investor equity

Revenue in the last 12 months

Valuation in 4 years

Instrument type

Growth Forecast

Funding readiness level

3/9

Verified business concept, initial small funding secured.

team Readiness Level

4/9

Essential competencies in place, recruitment underway.

Team Background

Background:

Meet the Team

Vishal Pratik

Harsh Bhikadia

Praveen Khichar

Ashutosh Gupta

Vishal Pratik

Harsh Bhikadia

Praveen Khichar

Ashutosh Gupta

Key metrics & Growth Rate

Revenue

Paid users

All users

ABOUT

Details

Industries

Start date

Name of legal entity

Incorporation date

Company location

Country where most of the founders are currently located

Website

STARTUP READINESS LEVEL

7/9

Validating revenue model

Business models

How we make money

Opportunities

business Readiness Level

8/9

Scalable business model validated by sales and metrics.

Marketing

Marketing strategy

Channels

IP Protection Readiness Level

3/9

Detailed key IPRs, initial technical field search.

customer Readiness Level

9/9

Scaling widespread product sales.

Customers geography

Now's your moment: join as a startup or investor and get a welcome bonus — earn up to

Now's your moment: join as a startup or investor and get a welcome bonus — earn up to