SquishyTaco

Product studios that make MVP under 5 lac

I have a self funded startup and am looking for product studios that can help with MVP launch under 5 lac ( strictly under that figure ) I have tried contacting some of them.individually but could only find those charging 7 figures. PLEASE HELP

20mo ago

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ZoomyUnicorn

Stealth20mo

Hey. I don't have any studio information but a thought process on how you could proceed from here.

Since you're asking for launch, I'm going to assume that your MVP is ready and you're looking for GTM strategies. Imo, ads at this stage should be a simple no - if you do go the ads route, you should have a very precise targeting.

If it's a tech product, launch it on product hunt. You could reach out to your end users directly on social media or you could reach out to small influencers in your TG and implement an affiliate program with them.

If your MVP is not ready yet, why not pick a NoCode tool, learn and build on it. It is supposed to test a hypothesis and imo, there's no need to spend a ton of money & time on building an MVP.

All that said, I'll still advise you to get in touch with a pm & a growth expert and pay them for an hour's worth of advice, if needed.

Hope that helps. Cheers!

DancingBoba

Stealth20mo

If you're still looking would love to chat. I built our MVP (a web & mobile app) for my venture in HRTech/Recruitment space well under 5 Lakhs before I had to shut it down. Not running a Product studio but understand the process extremely well + 2 time ex-founder with 6 years of entrepreneurial ecosystem. Happy to take this up if everything goes well!

SquishyTaco

Stealth20mo

I am. Did you get your MVP made by freelancers. From like upwork or something ? I have heard some extreme reviews on those platforms. Either great or really money down the drain.

SquishyTaco

Stealth20mo

Or if you built it yourself ?

MagicalPenguin

Stealth20mo

Getting MVP launch under 5 lac is possible but the problem is we will waste a lot of time in finding such a product studio or team who can help us.

Before approaching any tech team or product studio, I recommend to do these

Clearly DEFINE your product MVP features, user flows, for this you can use either Google doc or Notion app Or ClickUp
Once you Defined product MVP then the next step is, DESIGN your product, here it is not a full fledged UI/UX but a simple basic screens to communicate each and every feature and workflow of the app for this we can use (pen & paper, basic mockup tools, figma Or xD)

We can complete the above two items in less than a week time frame or around (30 hours)

Once we DEFINED and Designed our product MVP then start looking for Product Studios who can DEVELOP and Launch it.

We should look for people who can

Select the right tech stack
Solution Architecture (HLD & LLD)
Build the solution & Test the solution

Most importantly post MVP things.

SquishyTaco

Stealth20mo

Thanks. I really need to understand this post MVP part. Only support or other things ?

SquishyTaco

Stealth20mo

Thanks. Really appreciate your post. My MVP is not ready. I am trying to build it on flutter flow. But there is a complicated backend logic to be written for rule based recommendations. Stuck at that and I am not tech savvy. So looking for people who can help.

ZoomyUnicorn

Stealth20mo

No worries. That's a very specific issue related to a tech stack, I myself am learning the basics of. Dart & Flutter.

FlutterFlow has an AI, right? Maybe that can help or ChatGPT?

Flutter has a very strong developer community - you could reach out and get help there. Or if all else fails, you could try implementing the solution on Bubble etc.

Hope it helps. Best luck!!

GroovyMarshmallow

Stealth20mo

I think even if you’re doing it under 5lakhs what will you give the CTO / the studio as you will go out and raise. It raises doubts for many studios that they don’t get what they deserved. If you can increase it to perhaps 1cr might get it done myself