Their team was able to successfully segregate the professional from the personal. The portable charging industry will soon be wireless, and they believe in terms of advancing portable charging technologies. However, Xyra plans to develop new technologies, products, and services in the future, and does not want to give up a major chunk of its business just yet, unless of course, the investing party has much to offer strategically. It has still not found the right strategic investment partner wherein the interests of both parties align in terms of equity, business development, and what each other bring to the table.

Just like every startup, capital was a major challenge. The team was able to bootstrap development until the final prototypes, but required an infusion of working capital to get into production.

To express its gratitude for the support on Indiegogo, Xyra will be donating 1 percent of its funds raised on the crowd-funding platform to ‘World For All,’ a Mumbai based NGO that works towards the welfare of animals in distress.

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