As you may recall from our last update, 6 months ago we had just closed our Joint Venture with India's most successful ice equipment manufacture in Mumbai, received our biggest purchase order to date, and closed a round of funding from an Indian investor. With money in the bank, a great local partner, and a customer order in the books, we began setting up our volume production.
It took 2 painful months to work out the performance issues at these villages and at the end of June we had an engineering breakthrough. By mid-July we had 3 systems up and running in the field chilling milk for 3 different customers (as we far exceeded their performance expectations). I am happy to say that after all this effort, our manufacturing process is working and we are delivering systems to customers and getting paid for them!
We feel we've moved from a fledgling start-up to a small & medium enterprise crossing the proverbial chasm from initial adopters to mass market. There are plenty of challenges ahead, maybe even bigger than the ones we faced so far, but we have a good team and we are confident that we will figure them out.
We are now heavily recruiting Indian nationals who would like to return to India. Please let us know if you know any stellar managers to add to our stellar team in Mumbai.
Sorin & Sam
Of course, it would not be a Promethean update without some videos. We will leave you with a few recent videos that reflect our recent progress.
Sorin's talk at an NI engineering conference showing a cool demo of one of our key features.
Sam's talk at TEDx Boston – a journey through the history of Promethean
Times Now TV – a local perspective on India's milk problem and how Promethean solves it. This is a program that aired recently on one of India's leading TV stations