Lumos

Lumos

Lumos created smart switches that didn’t need switching.

  Hardware
  2014 – 2015
   Ahmedabad, Gujarat
  Founded by Yash Kotak, Tarkeshwar Singh, Pritesh Sankhe
  No funding data found
  Backed by 1 investor

Reasons for Failure

They did not have enough experience in the internet of things and recommend founders take the time to become an expert or high user to understand their market.

Lack of focus, they recommend identifying and solving one problem very well as a startup instead of doing an okay job at trying to solve everything.

The founders became attached to the product and let bias get in the way of pivoting.

Competitors

No competitor data found. Please send us a report if you know of any competitors.