“I am sharing our term sheet by mail now. Please go through the same, and let me know”. These are words that any first-generation entrepreneur would go to any lengths to hear, and when it does happen, it's nothing short of magic. MAGIC. That is the one word I would describe how Accio’s journey with 100X.VC has been to date.
But before we talk about that, let us circle back a little. Let us go back to that dorm room at VIT Vellore, where Accio was born. Pranav and I have both been fascinated by the idea of building and creating something that would truly impact the world. Roommates since our second year in engineering, both of us spent endless hours brainstorming and trying to come up with what we can build.
It was during this time that someone pointed us towards the lack of content for the visually impaired community. Straight away, we started building a product, which would let visually impaired individuals convert written text to braille. The year was 2019, we were right out of university, and armed with a grant from the Government of India. Passions were high, the timing was great, and the team was spirited, what could go wrong?
Little did we know what March 2020 had in store for us, nay, the world. By March 2020, we had a patent on our braille actuation technology, a prototype ready for field testing, but we also had a global pandemic putting a roadblock to any of our efforts to push the product development to the next stage. We were in a fix.
Just when it felt like nothing was really working for us, something happened. A silver lining. A ray of hope. Our company received an enquiry for an Outdoor Autonomous Robot. Someone wanted us to build a last-mile delivery robot. Immediately, we took a leap of faith, and started mobilising the team remotely to start building the robot. We did not know whether the technology would work in conditions like Indian roads. We did not know how difficult it was going to be for us to build a hardware product remotely, with the entire team in their hometowns. But what we did know was this, if there was any team capable of pulling something like this off, it was ours, and if there was any right time to start working on a project like this, it was then.
Read more at: The story of a startup born in the middle of a pandemic and how it got its first cheque from 100X.VC