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Launch YC S21: Meet the Batch, Thread #8

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Re: Launch YC S21: Meet the Batch, Thread #8

#21

Post by thoughtstheseus »

ravi_b wrote: post #4

Hi HN, we're Ravi and Pratik of Enerjazz ( https://www.enerjazz.tech/ ). We make battery swapping stations (like gasoline stations) for electric vehicles, swapping discharged batteries with charged batteries in 2 minutes for light commercial EVs. Commercial EVs or electric rickshaws have 2 pain points. One high upfront cost of battery (can be up to 50% of the total cost of vehicle). Two, high charging downtime result…

Super cool! I’m always super skeptical of people claiming battery improvements. Is the benefit more of the lithium ion to lead acid switch? Or swapping batteries between use? Keep up the good work. I’d love to see videos of the e-Rick shaws.

Re: Launch YC S21: Meet the Batch, Thread #8

#22

Post by roshansingh »

ravi_b wrote: post #4

Hi HN, we're Ravi and Pratik of Enerjazz ( https://www.enerjazz.tech/ ). We make battery swapping stations (like gasoline stations) for electric vehicles, swapping discharged batteries with charged batteries in 2 minutes for light commercial EVs. Commercial EVs or electric rickshaws have 2 pain points. One high upfront cost of battery (can be up to 50% of the total cost of vehicle). Two, high charging downtime result…

Very cool. Are you working with electric scooters as well? Ola recently launched electric scooters and have heard that the battery is not swappable on that.

Re: Launch YC S21: Meet the Batch, Thread #8

#23

Post by sillysaurusx »

VrindaGupta wrote: post #6

Hi, I'm Vrinda Gupta. I worked at Visa Inc. for years, launching popular credit cards. But when I applied for the Chase Sapphire Reserve (the credit card I helped develop), I was rejected! I'm now the CEO and Co-Founder of Sequin, a debit card that builds credit for women risk-free with no credit history required. My co-founder, Mark Thomas, spent over a decade at PayPal leading ACH products in various EM roles. I wa…

> I was rejected from the credit card I helped launch because, despite having a high income, I lacked credit history.

This happened to me. I got a job in Petaluma, CA where I was rejected for internet service because my credit history was "Unknown risk", i.e. I had no credit history. I was in my early 20's.

It was kind of a bummer to hear that this product is only for women, but seeing as it was a bummer to be a woman for most of history, I can hardly complain. :)

Best of luck! Looking forward to seeing where this goes.

Re: Launch YC S21: Meet the Batch, Thread #8

#24

Post by ravi_b »

roshansingh wrote: post #22
ravi_b wrote: post #4

Hi HN, we're Ravi and Pratik of Enerjazz ( https://www.enerjazz.tech/ ). We make battery swapping stations (like gasoline stations) for electric vehicles, swapping discharged batteries with charged batteries in 2 minutes for light commercial EVs. Commercial EVs or electric rickshaws have 2 pain points. One high upfront cost of battery (can be up to 50% of the total cost of vehicle). Two, high charging downtime result…

Very cool. Are you working with electric scooters as well? Ola recently launched electric scooters and have heard that the battery is not swappable on that.

Thank you so much. We are only working with e-rickshaws at the moment but plan to take the model to electric scooters (Zomato/Swiggy delivery fleets) soon. We believe commercial EVs will be the first ones to adopt swapping because they loose revenue when they have to charge in the day time.

Re: Launch YC S21: Meet the Batch, Thread #8

#25

Post by iamstg »

adityadsr5 wrote: post #16
iamstg wrote: post #2

Hi HN, we are Manas, Swapnil and Sailesh, co-founders of AlgoUniversity ( https://www.algouniversity.com/ ). We bridge the gap between the CS curriculum taught at universities in India and the skills that are required by the tech industry. We offer live classes, industry-relevant projects, and learning products that prepare students for software engineering jobs at top tech companies. We started AlgoUniversity in our…

Congrats guys!! AlgoUniversity is great!

Thanks Aditya :)

Re: Launch YC S21: Meet the Batch, Thread #8

#26

Post by sunil_loanmeet »

debarshri wrote: post #18
sunil_loanmeet wrote: post #7

Hi HN! We are a rather unusual team of six founders (Pei, Amit, Sunil, Jack, Bo, and Kartik) spread across India and China, building Karbon Cards ( https://www.karboncard.com/ ). We help companies in India get instant access to a corporate card. We came across this problem separately while Amit was doing VC and Sunil was running his own fintech. We saw that a startup with $1M in the bank was facing mind-numbing issue…

Me and my current co-founder did face this issues or atleast were discussing about this issues. It is a big problem. Also, problem is india is just simply incorporating a company. It becomes even more difficult when both the founders do not live in India. Relevant problem, huge market. Good luck! We will probably be a customer if you guys execute well. One of the things that I love about brex and if you could replica…

Thank you for your valuable feedback.

It is difficult to incorporate a company in India, especially if you need it to make a subsidiary of an Indian company.

We are planning to add bank accounts in the near future. Our existing customers use virtual bank accounts accounts to transfer salaries and vendor payments. https://karboncard.freshdesk.com/support/solutions/articles/...

In terms of our approach to customers, we are customer centric, and we try our best to get fast refunds and resolve transaction issues ASAP. We have used our test cards to do transactions on customer's behalf.

When you need a card for an Indian company, do let us know at support@karboncard.com. We will get you the card on the same day, and you would love the experience.

Re: Launch YC S21: Meet the Batch, Thread #8

#27

Post by VrindaGupta »

sillysaurusx wrote: post #23
VrindaGupta wrote: post #6

Hi, I'm Vrinda Gupta. I worked at Visa Inc. for years, launching popular credit cards. But when I applied for the Chase Sapphire Reserve (the credit card I helped develop), I was rejected! I'm now the CEO and Co-Founder of Sequin, a debit card that builds credit for women risk-free with no credit history required. My co-founder, Mark Thomas, spent over a decade at PayPal leading ACH products in various EM roles. I wa…

> I was rejected from the credit card I helped launch because, despite having a high income, I lacked credit history. This happened to me. I got a job in Petaluma, CA where I was rejected for internet service because my credit history was "Unknown risk", i.e. I had no credit history. I was in my early 20's. It was kind of a bummer to hear that this product is only for women, but seeing as it was a bummer to be a woma…

Thanks for sharing your experience! We designed Sequin with women in mind but it's open to anyone to sign up.

Re: Launch YC S21: Meet the Batch, Thread #8

#28

Post by ravi_b »

thoughtstheseus wrote: post #21
ravi_b wrote: post #4

Hi HN, we're Ravi and Pratik of Enerjazz ( https://www.enerjazz.tech/ ). We make battery swapping stations (like gasoline stations) for electric vehicles, swapping discharged batteries with charged batteries in 2 minutes for light commercial EVs. Commercial EVs or electric rickshaws have 2 pain points. One high upfront cost of battery (can be up to 50% of the total cost of vehicle). Two, high charging downtime result…

Super cool! I’m always super skeptical of people claiming battery improvements. Is the benefit more of the lithium ion to lead acid switch? Or swapping batteries between use? Keep up the good work. I’d love to see videos of the e-Rick shaws.

You mean another start-up by another professor in another university on another battery chemistry :). we get that a lot. You are spot on. Almost 96% of 2M e-rickshaws in India still run on lead acid battery (because of lower upfront cost). The only way to switch them to better tech (lithium-ion) is by making it more affordable for them.

Re: Launch YC S21: Meet the Batch, Thread #8

#29

Post by sunil_loanmeet »

imharkunwar wrote: post #20
sunil_loanmeet wrote: post #7

Hi HN! We are a rather unusual team of six founders (Pei, Amit, Sunil, Jack, Bo, and Kartik) spread across India and China, building Karbon Cards ( https://www.karboncard.com/ ). We help companies in India get instant access to a corporate card. We came across this problem separately while Amit was doing VC and Sunil was running his own fintech. We saw that a startup with $1M in the bank was facing mind-numbing issue…

This is great guys. Indeed a very big problem.

Thank you very much. We love you guys.

Re: Launch YC S21: Meet the Batch, Thread #8

#30

Post by sunil_loanmeet »

ravi_b wrote: post #4

Hi HN, we're Ravi and Pratik of Enerjazz ( https://www.enerjazz.tech/ ). We make battery swapping stations (like gasoline stations) for electric vehicles, swapping discharged batteries with charged batteries in 2 minutes for light commercial EVs. Commercial EVs or electric rickshaws have 2 pain points. One high upfront cost of battery (can be up to 50% of the total cost of vehicle). Two, high charging downtime result…

Congratulations guys !
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