- Country: India
- Industry: Construction, Engineering, Architecture
- Stage: Start-up
- Investment size: $400,000 / min. $100,000
- ROI: 400% in 2 years
- Type of investment: Equity
Technology integrated decor and renovation service for market of over $10 Billion per year. 7-15% of equity against required investment for infrastructure development.
Existing market problems:
• Not well organized
• Lack of professionalism
• High risk of unwanted outcome (design and implementation may be different)
• Very difficult to find reliable designer or technician
• Very unlikely that technicians do job on time
• Sometime overcharged for service
We are aim to provide solution as,
• Professional and experienced staff
• High quality work
• Integration of technology
o 3D video of design before implementation
o One click quotation by Website/Mobile app
o Work progress update on user account
• Committed timeline
• Standard and affordable charges
• Insuring consumer safety
• User will visit our website and select from 1000 of designs. These interior designs will have integrated products (like bed, sofa, lamps etc.) from our partner product manufacturer.
• User can buy complete design for implementation or can buy specific product displayed in design.
• Metro cities and up to some extend tire I and tire II cities.
• Residential projects
• Commercial projects
Revenue generation model
• % commission from product sold on website
• Profit margin for services provided for complete interior implementation
Progress on the project/business
Currently we are in alpha phase of website development, implementing/testing our business model in market.
Project timeline and key milestones
Beta phase 1 - till End of April '16
• More focus on end-to-end services to customer
• Customer feedback
Beta phase 2 - till End of June '16
• Modification in roadmap as per feedback
• Adding integrated product functionality
Version 1 - August '16
Funding needs and offering to the investor
We are looking for investment of $4,00,000 for equity of 7-15%.
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