[mildlyclassic]

OP here. Its the exact opposite of an exit scheme. We're massively expanding our network to cover the whole city. We already serve thousands of paying customers and we're working to bring prices down dramatically.

With regard to people having access via mobile data, you're right, India's made massive strides in 4g for sure. But our on ground experience over the last 3 years has shown us there's a massive appetite for more data so long as it can be provided at a reasonable price. Also, if you're in a dense market or housing area, current mobile signals don't provide good enough coverage and as the mobile networks are already running at 100% capacity there isn't much room for them to improve.

As mentioned elsewhere on the thread, less than 7% of India has broadband access, there's still a large market open for a provider that can offer high speeds at a reasonable price.

[dash2]

I think you would do best to get some "big players" to buy in first. Someone who pays $2m will do the due diligence that this works, hire an expert to check out your tech etc. That will add to your credibility when you ask others to put $20K in the pot.