A year ago Cityrene was just a small sparkling thought which our CEO Mr. Dilipan Bose got as he lived in a house of bad construction where the walls were cracked, water leaked from the ceiling, cracked tiles. He also faced frequent power cuts. So, he thought why not build houses using some advanced method which should also solve real life problems. As a civil engineer, he was deeply disturbed that he couldn’t solve these problems. So he kept on thinking about a solution. He then started researching
about alternative construction methods and came to know about GFRG which can be real solution for all these problems. He also compared this technology with other technologies and found this as a promising alternative for conventional construction.
Glass Fiber Reinforced Gypsum (GFRG) is an Australian technology used since 1990’s for walls in building structures. In India, researches were made by IIT (Indian Institute of Technology) Chennai professors and they came up with a more advanced usage of GFRG i.e. this GFRG can be used also for other structural elements.He felt this could be a life-changing technology which no residential project has
seen before. This new technology has got certifications and approvals from USGBC (US green building council), Ministry of housing development government of India, Building materials and technology promotion council, Indian institute of technology Chennai. Once he decided that he can use GFRG for the betterment of constructing houses. He was into collecting data about it. He made a visit to IIT Chennai and met few professors who could help him with this technology and he also visited the house
built by IIT Chennai on their campus. He had a business meeting with them and got manual design specifications for GFRG construction. “It’s Not About Idea, It’s About Making Ideas Happen”
Being new to business management he needed some help. The idea should be pivoted in a correct path and should be implemented in a smart way. Here comes our VP of sales and marketing Mr. Sam Sundar who is an old friend of Mr.Dilip. He introduced Mr. Dilip to Mr. Gopi Mattel, director of Founder Institute Chennai, and a serial entrepreneur having years of experience in entrepreneurship and startups has been the backbone of the company. He has been providing valuable feedback, reviewing the idea, improving our marketing strategies and also action plans, thus guiding the company in a streamlined path. Finally, Mr. Dilip joined Founder Institute. During the rigorous training for a period of 4 months, the idea was pivoted and improvised at every stage based on the feedback of mentors in Founder Institute, who are local and global CEO’s of many successful companies.
1.What is the Name of Your Venture? Any specific reason for this name?
2.Who is your target Audience/clients?
3.Where is your venture based (city, state, country) & What are your geographical target areas?
4.What problems does your venture resolve? What are your products or services?
5.Share the idea or story behind the venture. How did it came to an existence? What motivated you to start your own venture?
6.Who are your biggest competitors and how do you differentiate yourself from them?
7.How did you identify your co-founder? Tell us some thing about your co-founder/s
8.How did you hired your first team members? What skills Do you want in your employees/team?
9.What expansion plans are you looking for the next 2 years, next 5 years?
10.Where do you want to see yourself in next 10 years?
11.What are your goals over the next 1, 3, 6 and 12 months?
12.Have you raised any funding? Or have any plans for the funding?
13.What were the problems you faced during the starting days and how did you resolve them?