Fund a hardware gadget dream in Jaipur without equity

Many people think the only way to raise money is to sell part of what they build or to borrow. On cohero, backings are gifts. You keep full ownership of your hardware gadget dream and everything it becomes.

A hardware gadget moves from a promising prototype to parts that fit, assemble and survive testing. Make tooling and production decisions depend on documented design checks, not renders alone.

  1. 01

    Gifts, not investments

    A backing is a voluntary gift towards a goal. Nothing is sold, no ownership changes hands and no return is promised. Backers support a person; you keep control.

  2. 02

    Why milestones still matter

    Without contracts, Backers rely on transparency. You post proof for each milestone so they can review your progress and choose to support your dream directly with confidence.

  3. 03

    What you owe Backers

    Honesty: a true story, proof for each milestone and updates in chat. Not profits or repayment. Because Backers can pay milestone by milestone, they only send further support as you prove progress.

How Backers are protected

14-day review per milestone

When proof is posted, each Backer has 14 days to review the proof, ask for more info, and decide whether to keep supporting your next milestone.

0% commission — direct gifts, nothing taken

Backers pay exactly what they choose directly through your payment methods. cohero takes 0% commission on backings, so you keep what is sent. Any refunds or disputes are handled directly between you, the Backer and your payment provider.

Gifts, not shares

Backings are gifts. No shares, equity, interest or repayment, and Dreamers keep full ownership. Nothing on cohero is an investment or a loan.

Example milestone plan

An example plan for a hardware gadget dream with a goal of ₹4,700,000. Backers pay you directly, funding the goal all at once or milestone by milestone as you post proof for each step.

  1. Milestone 1

    ₹940,000 · 20%

    Prove the key function

    Post a bench demonstration, a component shortlist and measured results showing the gadget’s main function in a basic prototype.

  2. Milestone 2

    ₹1,175,000 · 25%

    Refine the physical design

    Share enclosure drawings, revised circuit photos and assembly notes showing fit checks and changes from the first prototype.

  3. Milestone 3

    ₹1,880,000 · 40%

    Build the pilot batch

    Upload pilot unit photos, supplier invoices and a build record tracking assembly issues and component substitutions.

  4. Milestone 4

    ₹705,000 · 15%

    Complete reliability checks

    Post test logs, inspection photos and final assembly instructions with a summary of unresolved limits and planned support.

Budget example

A typical cost split for a hardware gadget dream in Jaipur, shown in INR. Backers pay you directly using your accepted payment methods.

Example goal

₹4,700,000

  • Design and prototype iterations₹1,175,000 · 25%
  • Components tooling and pilot production₹2,115,000 · 45%
  • Testing and design verification₹940,000 · 20%
  • Packaging and support preparation₹470,000 · 10%

What you receive

Backers give
₹4,700,000
0% platform commission
−₹705,000
You receive
₹3,995,000

Risks to plan for

  • R1

    Parts become unavailable

    A chosen component may disappear before the pilot build. Record suitable alternatives during design work and leave budget for checking substitutions before ordering a batch.

  • R2

    Enclosure fit problems

    A circuit that works on a bench may not fit its case or connectors. Use the second milestone for physical fit checks before committing the largest share to pilot production.

  • R3

    Pilot units fail testing

    Repeated use may expose faults absent from a single demonstration. Define reliability checks before the pilot build and retain testing budget for inspection and redesign work.

Questions and answers

Is a pilot batch the same as being ready for mass production?

No. A pilot batch helps reveal assembly problems, component issues and testing needs at a limited scale. State its intended size and evidence clearly without presenting it as proof that larger production is ready.

Do I have to pay Backers back?

No. Backers send gifts directly to your own payment account. cohero never holds funds or reverses payments; any dispute or refund request is handled between you and the Backer through your payment provider.

Can I raise support before I know the final unit design?

Show the function you have demonstrated and the design questions still open. Separate prototype refinement from pilot production so Backers can review fit checks before the largest manufacturing commitment.

Ready when you are

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