This deck got a blockchain firm $450k in pre-seed funding

ABOUT

Kandola is an India-based blockchain startup that offers real-time decentralized IoT protocols and Web3 solutions.

Founded by Siddharth Banerjee, Krithika Radhakrishnan, and Sriram Padmanabhan in 2021, Kandola targets IoT manufacturers and solution developers with easy-to-implement integrations and open marketplaces for data exchange. It also offers real-time messaging and datastores, and it creates an implicit NFT for every transaction.

This pitch deck helped Kandola bag its pre-seed funding.

Fundraising journey

• 2022: US$450,000 of pre-seed funding from Alpha Wave Global and Arcanum Capital, as well as Polygon co-founder Sandeep Nailwal and Ethereum Push Notification Service founder Harsh Rawat

How is the deck compelling?

• The deck is brief, but it covers key points about the company and the IoT industry’s market trends.
• After looking at the IoT space, the deck states key pain points that Kandola’s proposed solutions can solve.
• The deck points out the company’s benefits and compares its offering to other similar service providers.
• It also shows Kandola’s market opportunity and supports it by showing how its competitors are faring.
• After sharing the company’s journey, the deck wraps up with information on the founding team and the firm’s go-to-market strategies.

SOURCE

Deck: Kandola