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This case describes the evolution of MHFC, a player in the Indian informal housing sector. As a new entrant offering micro home loans to the financially excluded lower income families of urban India in 2008, MHFC had grown to an annual number of 18,000 loans worth INR 8 billion with an average ticket size of INR 0.43 million (USD 6,000).

With a 53.5% purchasable equity stake in MHFC, Chopra and his team were left with certain decisions to make. Should the company on-board a new social investor? Or should it bring on the more readily available and capital-rich private equity investors interested in the lucrative prospects of the microfinance housing sector?

The case discusses two key objectives: (1) to understand the entire entrepreneurial journey of a group of entrepreneurs and how they plan to exit the venture, and (2) to enable classroom discussion on how to develop a business model from scratch, get it funded, achieve scale and then exit.

Unmanned vehicles flight is controlled by embedded circuits in the aircraft, under the remote control of a pilot on the ground. This circuit, called autopilot, represents one of the key elements inside the vehicles. The authors developed one of the smallest autopilot, specifically designed for low-weight low-power applications. The paper aims to discuss these issues.

The system is based on STM32 ARM Cortex M3 microcontroller. It includes an onboard 9 DOF IMU (MPU9150) and a 2.4 GHz wireless transceiver (nRF24L01+).

The embedded lightweight kinematic autopilot (ELKA) can pilot up to eight servomotors, and can be used to monitor more than 100 sensors. The final assembled board is 28×21 mm2 and weighs around 1.2 grams (battery excluded), and has successfully passed initial functionality tests.

The authors presented the design, fabrication and initial tests of a lightweight kinematic autopilot (ELKA board version 1.0). The system has been designed in order to upgrade the state-of-art capability in sensing and processing over a previous autopilot (GINA), which is of similar weight and size. The small size (28×21 mm2) and the lightweight (around 1.2 grams) make ELKA one of the smallest autopilot in the world.