FundNest

FundNest

Your one-stop platform for launching your startup Connect with investors, mentors, and suppliers, all in one place

Created on 24th February 2024

FundNest

FundNest

Your one-stop platform for launching your startup Connect with investors, mentors, and suppliers, all in one place

The problem FundNest solves

  • Securing investment: Finding funding can be difficult for startups, especially those with innovative but unproven ideas. FundNest connects founders with potential investors, increasing their chances of securing financial backing.
  • Obtaining guidance: Starting and running a business can be complex, and startups often benefit from the experience and advice of seasoned professionals. FundNest facilitates mentorship opportunities, allowing founders to connect with mentors who can provide valuable guidance and support.
  • Sourcing materials: Obtaining the necessary materials and products can be a challenge for new businesses. FundNest provides a marketplace where startups can browse and purchase what they need from registered sellers.
  • Building connections: Networking and collaboration are crucial for startup success. FundNest offers features like 1:1 meetings, which can help founders connect with potential investors, mentors, and collaborators.
  • It also help in making startups popular we know that startups in india are becoming popular after shark tank, so this is the online platform which covers that online.

Challenges we ran into

We were using old version of Web-RTC and Socket-io which led to no output and no errors but then we used the updated version for both and then it started working but it is not still properly working because in video calling feature socket-io doesn't works with serverless architecture based service provider. It is necessary to host that feature on services like AWS , Azure , Google Cloud etc , but it takes a subscription fee so weren't able to implement that 2 way video calling feature .
We are using flask to develop our website and used Flask Pymong for database but then we found out that it only works for localhost and we could not use that for hosting our site that's we shifted to altas mongo-db but even after using that there were issues because it was demanding so much pricing for storage and now we are using the free server so it may take a few minutes to load .

Discussion

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