9th November 2023: The BSSS Incubation Centre organized a Start-up pitch presentation of Incubates ‘Haulfers’, which consist of Mathew Joseph and Mohd Taha Farooqui of BBA Sem V; Chandrapal Solanki and Nishant Mehta from B. Com Computers Sem V. The presentation was scheduled for 9th November 2023 at 3:00 pm in BSSS Incubation Centre. The idea was presented before Respected Dr. Fr. John P.J. and the members of Entrepreneurship Development Cell of the college which consisted of Dr. Arti Mudaliar, Dr. Rahul Shrivastava and Mr. Arun Panicker. The objective of the presentation was to seek financial support from the management for development of their Start-up.
Their idea ‘Haulfers’ is an online delivery platform which will help the customers to deliver or move a commodity irrespective of weight and size within a city. The team presented their pitch deck to Principal of The Bhopal School of Social Sciences Dr. Fr. John P.J. and the members of Entrepreneurship Development Cell present. Their online application which is also under development, the features of the same was also presented before the committee. The presentation lacked financial report which should consist of the capital to be invested and revenue model.
Post their presentation Father Principal raised different queries related to financials which include capital investment, sources of investments and revenue structure along with market research and the operations that they are doing. Father Dr. John P.J. also gave his suggestions on their idea. Present members of Entrepreneurship Development Cell also had some queries and suggestion to be included in their business model. The queries from Father Principal and the faculty members were answered by the team of Haulfers.
Regarding the financial assistance to be provided, Father Principal advised them to submit a project report to the management and as per that support will be released. The report has to be prepared with the help of Mr. Arun Panicker Manager of BSSS Incubation Centre.