- How did the founder or team finalize the problem statement/what made the founder or team take it up?
- The start-up was founded by Mr. Muthu Kumar a Ph.D. pursuing student in the Department of Aerospace engineering.
- Being grown up in Coimbatore, the place where activated carbon is produced from coconut shells which are proven to be not environment friendly and expensive.
- The founder of Pristine Energia Muthu Kumar wanted to find a better way to produce activated carbon.
- He then approached the faculty related to the field and shared his idea while doing MTech in IITM.
- What were the initial difficulties? How were they solved?
- The initial difficulties faced by the founder were forming a good team, and getting the funds.
- The founder has approached banks to get loans for the funds.
- He while moving to Ph.D. has made a group of 3-4 people and tried to get funds.
- The team participated in funding competitions happening in India.
- has won around 17Lac through competitions like carbon zero challenge, and innovation challenge.
- The start-up after making a successful prototype has started to work and get investors and
- What is the current problem statement? how has the problem statement evolved with time?
- The initial problem statement was to find a better way of producing activated carbon.
- The problem statement has evolved with time to produce more environmentally friendly products from biomass.
- The start-up is now aiming for the synthesis of hydrogen.
- What are the customer acquisition techniques?