Blogs by Favcy

Have you ever had an idea that you were sure was going to change the world? Before you invest all your time, energy, and resources into bringing that idea to life, it's crucial to make sure it has real potential. That's where startup idea validation comes in. 

In this blog, we'll dive into the importance of idea validation and provide practical steps to help you test the viability of your idea. By taking the time to validate your idea, you'll save valuable resources, increase your chances of success, and bring your vision one step closer to reality. Let’s dive in:

The venture-building landscape has evolved significantly in recent years. Today, venture building has become a huge facilitator for creating and scaling companies. What is it, how did it begin and where is it headed, let's dive in.

Venture building, also known as startup studio or venture studio, is a relatively new and efficient approach to creating and launching successful startups. It is the process of creating, developing, and scaling multiple startups simultaneously. 

Deep-tech battery business Log 9 Materials raised $40 million in a Series B fundraising round, led by Amara Raja Batteries and PETRONAS Ventures. The round also saw participation from other investors including Incred Financial Services, Unity Small Finance Bank, and Oxyzo Financial Services also took part in the round. The startup will use the additional funding to increase its capacity for battery production to 2 GWh by the end of 2024 and to launch India's first fully integrated Lithium-ion cell production line. Log9 is a deep tech and advanced battery-tech startup that produces fast-charging batteries that, according to the company, last longer and provide better performance and safety.

Source: YourStory

Moving past the idea stage and the product development stage of your startup, you finally want to launch your product in the market now. 

Well, that requires you to have another strategy in your books, a go-to-market strategy. 

As a venture-building firm, we have helped a fair share of startups realise their potential and scale to tremendous heights. While starting up is a tough battle, scaling your startup requires a unique set of skills and strategies to navigate the complexities of growth and expansion. 

But before we understand the roadmap to scalability lets understand the exact meaning of scaling startup and how it is different from starting up.