Chandigarh University Alumnus Launches Habonix Media, Secures Rs. 3 Lakh Seed Grant
Event summary
- Chandigarh University alumnus Sabhay Khera founded Habonix Media Pvt Ltd, a tech-driven startup offering IT services, digital marketing, and networking solutions.
- Habonix Media received a Rs. 3 lakh seed grant from the Punjab government.
- Under Habonix Media, Khera co-founded No Cap Creative (digital marketing) and CollabRats (networking platform).
- No Cap Creative has over 20 clients and monthly revenue exceeding Rs. 3 lakh.
- CollabRats is pre-revenue, with 250+ users and 1M+ social media views.
The big picture
Chandigarh University's entrepreneurial ecosystem continues to produce tech-driven startups, reflecting a broader trend of academic institutions fostering innovation. Habonix Media's focus on digital transformation for MSMEs aligns with the growing demand for scalable IT and marketing solutions in emerging markets. The Rs. 3 lakh seed grant from the Punjab government underscores the regional support for startup initiatives, highlighting the strategic importance of digital infrastructure in economic development.
What we're watching
- Scalability Challenge
- Whether No Cap Creative can sustain its rapid client growth while expanding its team and capabilities.
- Product-Market Fit
- The pace at which CollabRats achieves product-market fit and transitions to revenue generation.
- Geographic Expansion
- How effectively Habonix Media can expand its presence across North India and beyond.