Inside FPV

Arjun Singh, founder of Inside FPV, is drone racing enthusiast and electrical engineer with passion for first-person view (FPV) drone technology. Recognizing that FPV drone hobby lacks quality affordable components in India, he created Inside FPV to manufacture and distribute racing drones and components, making the hobby accessible to Indian enthusiasts.

Inside FPV manufactures FPV racing drones, components, and accessories. Products include ready-to-fly racing drones, drone kits, spare parts, and goggle systems. Company also runs FPV racing community events and training programs. Target: drone racing enthusiasts, hobbyists, and serious competitors aged 15-40 wanting quality Indian-made drone components.

Amount: Rs 1 crore | Equity: 10% | Valuation: Rs 10 crore

Arjun presented FPV drone racing as growing hobby in India with 50,000+ enthusiasts. Highlighted that lack of local component suppliers forces Indians to import expensive components. Inside FPV offers locally manufactured alternatives. Metrics: 15,000+ community members, 5,000+ drones sold, Rs 80+ lakh annual revenue, expanding product range.

Aman Gupta was interested in the tech/gadget opportunity but questioned market size for niche hobby. Anupam Mittal appreciated the community aspect but was concerned about manufacturing complexity and inventory management. Peyush Bansal raised questions about supply chain for specialized components.

Aman showed interest, offering Rs 1 crore for 15% equity. Arjun countered Rs 1 crore for 10% equity. Valuation gap (Aman implied Rs 6.6 crore vs. Arjun's Rs 10 crore) proved unbridgeable. After negotiations, they could not reach agreement on terms.

Deal Status: NO | Valuation and investment amount negotiations could not converge