is setting the good standard for safety while providing an ... ppt - Taxi for India.pdf · Savaari...

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Hassle-free Intercity rides is setting the good standard for safety while providing an innovative and affordable transportation option to people all over the country. Dear Promoters, This is a presentation is just a dummy and was shared with you to help you cover the important aspects of your startup in your pitch deck. You can also choose to prepare the pitch in your own format using this presentation for guidance.

Transcript of is setting the good standard for safety while providing an ... ppt - Taxi for India.pdf · Savaari...

Hassle-free Intercity rides

is setting the good standard for

safety while providing an innovative and affordabletransportation option to people all over the country.

Dear Promoters,This is a presentation is just a dummy and was shared with you to help you cover the important aspects of your startup in your pitch deck. You can also choose to prepare the pitch in your own format using this presentation for guidance.

Core TeamAjay MehtaCo-founder and CEOQualification: B.Tech (Electrical) from BITS Pilani; MBA – IKP Experience : working with TCS for 9 Years as Program manager

Amit MishraCo-founder and COOQualification: B.E from Purnima college of Engineering, JaipurMBA from Poddar Institute of Management, JaipurExperience: working with Infosys for 4 years

Shivani MehtaCo-founder and CTOQualification: B.E from Arya Engineering College, Kukas, JaipurExperience: working with Infosys for 4 years

Recent Picture

Recent Picture

Recent Picture

Manoj SwamiAdvisorCEO of ABC Tech P LtdQualification: Electronics Engineering Graduate from IIT Delhi and an MBA from IIM AhmedabadExperience: served for more than 30 years with Bharti Group of Companies

Rohan ShindeAdvisorCEO of Znet P LtdQualification: MBA from IIM AhmedabadExperience: 15 + years of experience in Investment Banking / Corporate Development & Strategy

Vishal Vyasfull time employee, technical arti at Taxi for IndiaQualification: B.Tech (Computers) from JECRC, Jaipur Experience: working with TCS for 3 Years

Advisors / Key Employees

Recent Picture

Recent Picture

Recent Picture

Problem / Need

“Intercity Cab rides areFast and

Comfortable, butRidiculously expensive”

“Booking tickets also is so difficult, and they don’t

have any Internet facility”

“Intercity Bus rides are very Long,

Bumpy, Boring and Not very

comfortable”

“I wish somebody could come to pick up from home and save me from the

pain of going to the bus stand”

Intercity Shared cab service where customer:

• Pays just for one way and not for both the ways,

• Pays for one seat not for whole car

• Gets the luxury and comfort of a cab at the price of a bus ticket,

• Gets Free Wi-Fi to make his/her journey more entertaining,

• Gets a home pickup/drop and save time, money and

hassle.

Travel marketplace for aggregating Supply and Demand

• Taxi for India is providing commuting facility in AC cabs on shared basis Wherecustomers can do real time search, select taxi, make payments, Suppliers canupload catalogue, inventory and pricing. We also provide Customer support andvendor support.

• Taxi for India aims to build a platform which connect outskirts to main city tofacilitate thousands of commuters and become a safe, Comfortable, Affordable andreliable source of commuting.

• Supply Side:

• Taxi operators

• Taxi aggregators

• Customers:

• Business trips

• Holiday Travelers

• Personal visit , attending marriage etc.

Solution

Consumer Side:

Web, mobile app, call center interface for seamless search, booking and payments

Option to pay cash on completion of trip

Invoice by email for trip

Loyalty points awards scheme to encourage repeat usage

Security feature on app for self tracking and emergency alert

Supply Side:

App for trip management-trips done, fees settlement

Analytics for mileage optimization

Soft skills training and on-board for drivers

Growth Phase:

Online system for travel agents and other partners for taxi booking

Current matrix – completed -100 trips, daily online bookings of 2 trips, -350 app downloads, presence in 60+ cities around Delhi

Product Detail

History

September 2013Hired 5 taxis and did a pilot run for 2 months for Jaipur -Delhi

March 2013Idea stage

December 2013Co-founders left their jobs and started working full time

March 2015Launched App

May 2014Hired 10 more taxis for both routes

December 2014Received funding of INR 20 Lakhs

March 2016introduced 2 more routes –Delhi-AgraJaipur-Agra

Traction till today

Service is live across 100+ cities in North India

Website Consumer facing part is done Website with payment gateway integration, sms/email, Mobile App – 5000 downloads on Android PlaystoreBusiness traction 200 customer trips taken across North India 50+ driver/taxi operators in Network Run rate of 5 orders a day via organic efforts purelyCurrent Activities Add 5-6 people in operations in 1 month Create a driver/taxi operator network in 20 plus cities in north India Develop technology for supplier side Next realease 2.0 of android and iOS is half way through 10 full time and 5 part time employees are working including co-founders

Status of the App in last 1 year

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100

200

300

400

Jan feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

Inactive Users

Active users2

0

100

200

300

400

500

600

Jan feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

iOS

AndroidDownloads

Market Analysis And Research

Competitive AnalysisOnline Travel aggregators for outstation cabs

Clear car rental – offers two ways fares

Savaari – offers two ways fares

Taxi for Sure – Stopped outstation after OLA acquisition

Organized Players – Meru cabs, Carzonrent

Need to overhaul complete front end and back end systems to serve outstation taxis at affordable rates

Inertia in building completely new business

Currently charge premium rates for outstation travel

Local online + offline players – Gozocabs, Taxioneway

Ride-sharing – BlaBlaCar / Tripada – too many uncertainities/illegal

Unorganized and Offine players

Focus on aggregation, not on experience

One way fares not available

Booking and payment is manual

Lack of APIs/technology

Sales and Distribution

• Govt. tie ups• Become partner with make my trip, yatra.com, cleartrip.com

tie ups with• Tie ups with colleges and universities• Loyalty points awards scheme to encourage repeat usage and

referenceability• Offline partnerships with hotels for cross promotion

Sales and Distribution

Business Model

For a trip from Jaipur to Delhi

Revenue per trip – INR 6000

Commission per trip – INR 1200

Cost of customer acquisition – INR 100-200

Margin per trip – INR 1000

Admin and other costs 50%

Net Margins : 500 Rs / Trip

5 year planYear Taxis Rides Cities

2016 80 3000 15

2017 200 7,500 37

2018 500 18,750 90

2019 2000 46,875 225

2020 5000 1,17,187 500

*more details are available in the excel sheet attached.

1 year detailed plan

June 2016To expand to 4 more cities

May 2016To launch mobile version 2.1

August 2016To open offices in 3 more cities

March 2017To make a stronger presence in the northern region

November 2016To hire 3 managers for these 3 cities

January 2017To launch mobile version 2.2

Financial Plan

*Figures in INR crores*more details are available in the excel sheet attached.

Year 1 2 3 4 5

Revenue 1 4 20 100 500

Expenses 1.02 3.75 15 64 250

Profits -0.02 -0.25 5 36 250

Profit% NA NA 25% 36% 50%

Financial Statistics

Investment Rationale

Funding required = INR 1 Crore at 20% Equity in thecompany

Post-money Valuation = INR 5 crore

Return of Investment = targeting Valuation of 50 croresin next 3 years ; expecting revenue to grow by 20times (INR 20 Crores) in next 3 years

Exit Strategy to RAIN Sell out to existing players Buy our of RAIN shares in next round of funding

Fund Utilization

The funds allocation for every division is mentioned below

Marketing – INR 30 Lakhs

Technology – INR 30 Lakhs

Operations – INR 30 lakhs

Misc. – INR 10 lakhs

*more details are available in the excel sheet attached.