I invented a new type of solar cooker and applied for patent.And i registered a private limited company and registered in the Startup India Program and got the DIPP Number.
Because of my poor financial background,lost month i asked here, Should I sell my Startup Company or any other way to continue?
I got total seven replays from Startupsforum members.I reviewed all seven suggestions.Thank you all for your valuable replays.
For my education qualification,i will not get above 10K salary for full time job. So finding a temporary job is also not possible for me.
I approached two major solar companies in Bangalore.But they are not ready to divert their priority to this product.For applying Startup India loan,i need to register my company as MSME. For MSME registration needs to show investment in plant and on machinery.For this again i need 8-10 laks.
i seen last week’s Prime Minister’s speech in Bengaluru about "https://timesofindia.indiatimes.com/india/initiate-clean-cooking-movement-by-tapping-solar-energy-market-pm-modi-to-startups/articleshow/61324165.cms?utm_source=twitter.com&utm_medium=social&utm_campaign=TOIDesktop ". But as per my personal experience it needs at least 6-8 month to get the benefits.also at least i need to invest 25-30% personally. That means again i need 8-10 laks and lot of time.
Already i invested 6-7 lack money to this project.But now i am not even able to invest 50K also.
Considering all these reasons finally i decided to sell my startup. So i request all forum members here,please guide me how to get buyers,what is the procedures to transfer a company to others and what price can i ask?