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FMB 17 th Oct. 2015 Entrepreneurship 1 Adit Parekh, Blume Ventures

Entrepreneurship in Family Business

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Page 1: Entrepreneurship in Family Business

FMB 17th Oct. 2015

Entrepreneurship 1

Adit Parekh, Blume Ventures

Page 2: Entrepreneurship in Family Business

Check List

• Introductions (Name, Industry, # of members)• Idea (Why / Maturity)• Team (Current Skillsets / Requirements)• Capital (Budget / Allocation)• Opportunity Cost (Current Business / New Business)• Case Study (Roadrunnr)• Differentiator (Technology / Scale / IP / Capital)• Competition • Exit Value• Q&A

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Introductions

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Why

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TEAM

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Capital

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Opportunity Cost

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VC funded

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Funding stages

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BLUME Stats

Average Age of Promoters: 30 Consumer: 29, Enterprise: 32, SME: 27

Consumer: SME: Enterprise: 48%:16%:36% Average No of co-promoters: 2 Average Work Ex: 7years No revenue: 40%

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Adit Parekh, Blume Ventures 11

Dehlivery

Apple

FK Tally

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Models

Online Marketplace:

Offline to Online:

Typical Enterprise

Hybrid: SME Marketplaces

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B Plan

• Executive Summary• Business Model &

Revenue Model• USP• Promoters• SWOT

• Market Overview• Competition• Expansion Plan• Financials• Investment Breakup

(Funding)

Adit Parekh, Blume Ventures 13

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Hyper Local ..Food

Part of FK Seller Team Part of OLA fulfillment team Huge Seller / Consumer Fulfillment Problem Large funding in Food Tech space

Network from FK, eBay, Amazon for people Piloted with food ordering / consumer Pivoted to B2B food fulfillment Raised money to fund team, product and delivery boys

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Hyper Local - OthersDifferentiator: tech Platform / Aggregator agnostic | Highly Competitive

Tech Platform for on-demand Peaks for food – low utilization Add other delivery Blend on demand & scheduled Raised a bigger round to expand geographies

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LocalDifferentiator: tech Platform / Aggregator agnostic + Capital

Moved from hyper local to local Tech Platform: On-demand / scheduled, Categories, Transport Types Added cycles, trucks, bikes Geography coverage Raised a bigger round be market leader in local logistics

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Road Ahead..

Adit Parekh, Blume Ventures 17

• Full stack technology platform

• Team: Tech + Ops + Fulfillment

• Investors + Capital

• Ops focused: Non-scalable model

• Weak team• Low capital• New competition

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Reach me

[email protected]

@aditparekh

www.blumeventures.com

18Adit Parekh, Blume Ventures