How Mobile App Helps to Raise Funds?
It is an era of incredible innovation, typical transformation, and rapid revolution. In this technological era, the possibilities are endless and opportunities are boundless. Mobile is one of the greatest innovations of this era that has created an abundance of possibilities and opportunities for each and every sector of the business world. If say specifically, the integral part of mobile, the mobile app which is acting as a magnetic material in the business to attract customers and to raise funds.
Fund-raising on the drive of technology
When comes to fund-raising, the technology-driven companies, especially platform based businesses (PBBs), have come in the news more. If we take latest examples, Uber, Flipkart, Big Basket, Paytm, Byju’s, and Ola come in the first row. It is well known truth that all these startups started receiving the flood of funds once after their mobile apps being developed. But it is not easy for all platform based (or technology-driven) businesses as you thought.
What the investors consider to invest in?
Generally venture capital firms or individual investors don’t just look towards your unique concept, rather they thoroughly analyze your business model. As mobile is everything today as well as the future of the business world, investors prefer to invest in businesses which are mobile-centric.
If your business is app-driven or you are following the mobile-first strategy, you should have a well-developed, visually engaging mobile app that is capable to impress potential investors. When you have an impressive stuff, you will no need to speak more in order to attract investors, your stuff will speak.
Why Investors show more interest in app-driven businesses?
- Investors like to invest in great products and services with a competitive edge that is technology-driven and long lasting. Obviously mobile, especially mobile app, is considered as the present and future of the business world
- Investors look for businesses that their products and services are easy for customers to get. Obviously the mobile app is an easy way to purchase products and services nowadays.
- Venture capitalists look for a competitive advantage in the market. They want their portfolio companies to be able to bring new ideas, create offers, generate sales and profits before competitors enter the market. Obviously the mobile app is a great way to quickly connect with the customers with latest offers.
- Investors look for businesses that have a capacity of global reach. As the mobile app is a global commodity, it can quickly earn a large number of customers from any part of the world from its base. WhatsApp is the best example for this.
Who We Are?
We are FuGenX Technologies, an award-winning mobile app development company in India and USA. We develop apps that help businesses engage customers effectively as well as raise funds easily. Big Basket, Byju’s, AppilyEver and HomServiz are few among many of our proud customers who got funded by global venture capital firms and individual investors.