Revolutionizing City Commuting: ePlane's Electric Flying Startup
About ePlane
ePlane is an innovative transportation startup that was established in April 2017 by the co-founders, Professor Satya Chakravarthy and Pranjal Mehta. They introduced electric planes to the market with the aim to revolutionize city commuting. ePlane’s service isn’t limited to transporting passengers alone, it also facilitates cargo delivery services particularly focusing on remote and rural areas.
About ePlane's PitchDeck
In order to secure crucial seed funding, ePlane crafted a persuasive pitch deck that effectively portrayed its unique business model. The presentation begins by capturing the viewer's interest through emphasizing the company's mission of bridging the gaping holes in city-wide commuting. The pitch deck delves into the intricacies of the technology employed by ePlane, provides comparisons to their competitors’ services, and outlines their unique business model, thereby creating a compelling case for investors.
Why investors believed in ePlane?
ePlane managed to pique the interest of reputable investors such as Speciale Invest and Naval Ravikant due to its compelling pitch deck. The presentation introduced ePlane's core team members and interestingly highlighted their achievements. This, coupled with their distinct vision and practical business model, helped ePlane garner a hefty investment of $1 million in a seed funding round. The focal point of their success has always been their endeavor to provide affordable flying taxi services, which are priced just 1.5 times higher than the usual taxi fares.
