Game-changing startups: Astrome
by Neha Satak, Co-Founder & CEO, Astrome
Unreasonable FUTURE is a unique multi-year initiative bringing together disruptive entrepreneurs to create a more sustainable and equitable future for all. Its founding sponsors are Pearson, Fossil Foundation and Accenture. This Q&A series spotlights a few of the ventures in the program to provide a glimpse into the innovative work that is being nurtured.
Using tech to bridge the socio-economic divide in rural & urban areas
How would you describe your business to your grandmother?
At Astrome, we focus on connection through technology. Be it connecting farmers to the government, connecting children to teachers in cities, or connecting craftsmen to the worldwide market to sell their products—we develop internet technologies to make those connections possible.
What problem does your business solve for society?
Astrome bridges the socio-economic divide between rural and urban areas, helping to create more equal opportunities for all. We develop innovative products that can deliver reliable internet services in these rural areas, allowing millions of people to access the information they need for the betterment of their lives.
Where did you source inspiration?
Our inspiration has always stemmed from using technology to improve the world we live in, particularly within the emerging world. From a personal perspective, both my co-founder and I grew up in small towns in India with many of our relatives living in villages. During this time, we witnessed firsthand the changes that occurred in our own areas due to limited internet access. Even today, we still see a large gap in accessibility of the internet to villages. As technologists, innovation excites us, so we combined this with our passion for solving critical world problems, and Astrome was born.
What’s something you know now that you wish you knew when you started your business?
Looking back, we wish we knew more about the maturity of the VC funding ecosystem in emerging countries for deep-tech and hardware; we also discovered that the funding available at pre-Series A and Series A stages, as well as the understanding of deep tech start-ups by investors, is much lower than required in many countries.
What’s the best place for people to learn more about your company’s work or to follow your progress?
The best place for people to learn about our company’s work is on our website; the best place to follow our progress is through our LinkedIn page.