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Wacky start-ups19 August 2015
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Content
► Introduction
► Startup 1: Zomato
► Startup 2: Airbnb
► Startup : !ne"#us
► Startup $: %inder
► Startup 5: !#acabs
► Startup &: 'and(an
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Introduction
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Introduction
►India, surely but steadily, is gaining currency as the centre of startupinnovation globally outside of the Silicon Valley.
► The ight of funds into start-ups !ust enforces this point. "or instance lastyear, #hen $asayoshi Son, chair%an and &'( of )apan*s teleco% giantSoft+ank ca%e to India, he announced his intentions to invest billion inthe Indian IT and co%%unications %arket.
►
Si%ilarly, Infosys announced it is allocating /0 %illion to be invested inIndian Startups.
►'ven #orking in a startups is no longer considered a taboo, #ith %anyyoungsters chucking cushy big corporate !obs for the thrill of e1ploring thestartup space.
►(ur ai% is to e1plore 2 startups that #e think are #acky and are to be#atched out for in the near future.
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Start-up 4: Tinder
Start-up 2: Airbnb
► Start-up 1: Zomato
Structures proposed )or consideration
► Start-up 6: Bandhan
► Start-up 3: OnePlu
► Start-up !: Ola"ab
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Zomato
%ype Pri#ate
*ounded $ul% 2&&'+ead,uarter
s
(e) *elhi+ *elhi+ ,ndia
o. o)
#ocations
22 "ountrie
Area ser/ed ,ndia+ Autralia+ nited State o.
Ameri"a+ /anada+ /hile+ /0e"h
epubli"+ ,ndoneia+ ,reland+ ,tal%+ebanon+ (e) Zealand+ the
Philippine+ Poland+ Portugal+ atar+
Slo#aia+ South A.ri"a+ Sri ana+
Bra0il+ Ture%+ nited Arab 5mirate+
nited ingdom
*ounder *eepinder 7o%al
C! *eepinder 7o%aley peop#e • Pana8 /haddah 9/o-.ounder
• Surobhi *a9/OO7un8an Patidar
9/TO
!ner ,n.o 5dge 9,ndia td; 9!&;1<
mp#oyees 2&&&=Website 0omato;"om 9.ormerl% .oodieba%;"om
until (o#ember 2&1&
A#e3a rank >22 9Augut 2&1!
%ype o) site Online retaurant ear"h and di"o#er%
er#i"e
Ad/ertising ?e
4egistration Optional on the )ebitesers 1@ million #iit monthl%
A/ai#ab#e in 5nglih+ Turih+ Portuguee+
,ndoneian+ Spanih+ /0e"h+ Slo#a+
Polih+ ,talian
6aunc(ed $ul% 2&&'
Current
status
Online
Ser/ices etaurant Sear"h *i"o#er%+ Online
Ordering+ /ahle Pa%ment
Industry /onumer Ser#i"e
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Zomato
2007
2010
20112012
201
Zomato began b% litingretaurant in *elhi (/+ andui"l% eCpanded to olata
and then Dumbai;
Zomatobegan b%
litingretaurant
in *elhi (/+ and ui"l%eCpanded toolata andthen Dumbai
/hange o.name in the
month o.(o#ember
Zomatolaun"hed
"o#erage inBangalore+
Pune+ /hennai+
E%derabad and Ahmedabad; ,nthe ame %ear+the% laun"hed
appli"ation .oriOS+ Android+
Findo)Phone andBla"Berr% de#i"e;
The idea behind
Zomato 9then+Goodieba% )a"on"eptualied
People )ould line up toloo at the menu toorder .ood during thelun"h hour; eali0ingthi too up a large
amount o. e#er%oneHtime on a dail% bai+
*eepinder and Pana8
de"ided to "anretaurant menu andupload it on an intranet
)ebite
Zomato eCpanded to it .irto#erea lo"ation+ A5+ .ollo)ing
)hi"h+ Zomato a) ui"eCpanion into Sri ana+ atar +
the nited ingdom+ thePhilippine+ and South A.ri"a;
The "ompan%laun"hed in
Au"land andFellington in
(e) Zealand in $ul%2&13+ and Eamilton in *e"ember 2&13;
I1>J ,t made it )a% toTure%+ Bra0il+ and
,ndoneia in(o#ember 2&13+ )ithit )ebite and appa#ailable in Turih+
Bra0ilianPortuguee+
,ndoneian+ and5nglih;
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Zomato
201$
2015
2&14 )a a %ear .ull o. eCpanding international rea"h anda"uiition;
,n April+ Zomato laun"hed it er#i"e in Portugal;
,n $ul%+ Zomato made it .irt a"uiition b% bu%ing (e)ZealandH Denu-mania .or an undi"loed um;
,n Augut the .o"u )a on 5urope; The "ompan% a"uiredonline retaurant guide un"htime;"0 9.rom the /0e"h epubli"and Obedo#at; 9.rom Slo#aia .or a "ombined K3;2! million;
,n September+ Zomato a"uired Poland-baed retaurant ear"h
er#i"e 7atronau"i .or an undi"loed um;,n O"tober+ Zomato .inall% entered (orth Ameri"a b% laun"hing it
er#i"e in /anada;
Shortl% a.ter+ in (o#ember+ it eCtended it rea"h to ebanon and,reland a )ell;
,n *e"ember+ Zomato a"uired leading ,talian retaurant ear"her#i"e /ibando;
Zomato tarted 2&1! b% a"uiring Seattle-baed .ood portal rbanpoon .or an
undi"loed um 9etimated to be aroundK6& million;
The a"uiition mared ZomatoH entr% intothe nited State+ /anada and Autralia+and brought it into dire"t "ompetition )ith
?elp+ Zagat and OpenTable;
,n the ame month+ Zomato alo a"uiredDeanit+ one o. Ture%H larget retaurant
ear"h pla%er+ in an all-"ah deal thatmae Zomato the mot eChauti#e
retaurant ear"h er#i"e in the "ountr%;
The a"uiition in"reaed ZomatoH"o#erage .rom about 2>+!&& retaurant in,tanbul and Anara to more than !&+&&&
retaurant a"ro Ture%;
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►6irbnb is a #ebsite for people to list, 7nd and rent lodging.►It has over 0,, listings in 84, cities and 5 countries.
►+ased in San "rancisco, &alifornia.
►"ounded in 6ugust / by9
► Brian /he% ► $oe 7ebbia ► (athan Ble"har"0%
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►Proble%9Price is an i%portant concernfor
custo%ers booking travelonline.
Airbnb: Problem
Hotels leave you disconnectedfro% the city and it*s culture.
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►Solution96 #eb platfor% #here users can rent out their space to host travellers to9
Airbnb: Solution
SAVE
MONEY WHILE TRAVELLING
SHARECLTRE
LOCAL CONNECTIONTO THE CITY
MA!E
MONEY WHILE HOSTING
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►(nePlus is a &hinese cell phone %anufacturing co%pany #ith its origins in theShen:hen province in &hina.
►With their %otto of ;Ne"er Settle<, they are trying to shakeup the handheldhandsets industry by braking the nor%s and adopting unconventionalis% inevery facet of their being.
►+oth the founders of the co%pany , &'( Pete =au and co-founder &arl Pei, aree1-(ppo e%ployees #ho left (ppo >another &hinese electronics co%pany? tostart (nePlus.
► Pete =au ► &arl Pei
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►
(nePlus is a co%pany that is both loved and hated by its consu%ers. Theyhave gotten their rights absolutely spot on but their %isses have created ahavoc for the%.
►@aving gro#n fro% 2 e%ployees back in Aece%ber, /8 to about 5 in )uly,/0, they have co%e a long #ay fro% being !ust a local &hinese player to aglobal co%pany.
► Their products have pleased the %asses #ith the de%and for their phonesbeing so high that their %anufacturing units have al#ays been playing catch-up. Their phones have been eBuipped #ith soft#ares that al#ays delights an6ndriod consu%er. The hard#are features are eBually good and its all toppedoC by a price tag that brings tears of !oy to an 6ndriod fan*s eyes.
►+ut the co%pany has been e%broiled in controversies right since its inception.So%e of the banana peels that they*ve encountered are9► "unding► Invite Syste%
► S%ash your phone D ladies 7rst
► E@FP'
► &yanogen
► &usto%er Gelationship
► =oud %outhing
OnePlus : Rece#tion $n% Contro"ersies
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►
(nePlus is a co%pany that is both loved and hated by its consu%ers. Theyhave gotten their rights absolutely spot on but their %isses have created ahavoc for the%.
►@aving gro#n fro% 2 e%ployees back in Aece%ber, /8 to about 5 in )uly,/0, they have co%e a long #ay fro% being !ust a local &hinese player to aglobal co%pany.
► Their products have pleased the %asses #ith the de%and for their phonesbeing so high that their %anufacturing units have al#ays been playing catch-up. Their phones have been eBuipped #ith soft#ares that al#ays delights an6ndriod consu%er. The hard#are features are eBually good and its all toppedoC by a price tag that brings tears of !oy to an 6ndriod fan*s eyes.
►+ut the co%pany has been e%broiled in controversies right since its inception.So%e of the banana peels that they*ve encountered are9
► "unding► Invite Syste%
► S%ash your phone D ladies 7rst
► E@FP'
► &yanogen
► &usto%er Gelationship
► =oud %outhing
OnePlus : Rece#tion $n% Contro"ersies
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Tin%er
► Tinder is a location-based social discoveryapplication that facilitates co%%unicationbet#een %utually interested users.
► The app allo#s users to chat #ith their %atches.
► The app #as launched in //.
►
Tinder #as seeded at nu%erous collegeca%puses in HS, and e1panded to other collegeca%puses.
► The app #on Tech&runchs &runchie 6#ard forJ+est Ke# Startup of /8J.
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►Hsing "acebook, Tinder is able tobuild a user pro7le #ith photosthat have already beenuploaded.
►+asic infor%ation is gathered
and the users social graph isanaly:ed.
►&andidates #ho are %ost likelyto be co%patible based ongeographical location, nu%ber of
%utual friends, and co%%oninterests are then strea%ed intoa list of %atches.
►+ased on the results of potentialcandidates, the app allo#s the
user to anony%ously likeanother user by s#iping right or
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►In $arch /4, I6& increased its %a!ority stake in Tinder, a %ove that cause speculation that thevaluation of Tinder #as at several billion dollars.
►In )uly /0, +ank of 6%erican $errill =ynch valued
Tinder at .80 billion.►"or t#o years, Tinder has been able to stay aoat#ithout relying on any kind of revenue strea%.
► Tinder has proven it is does not reBuire revenue to
be successful. Aue to the app*s investor backing, ithad the security to gro# its business gro#th %odel7rst and revenue %odel later.
► Tinder is used #idely throughout the #orld and isavailable in about 8 languages.
► The app is used in about 52 countries.
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►"ounders of (=6 &6+S
►@o# (la &abs Started
&'$"is'A(($r)$l
&* Tec'+
IIT &omb$,
An-it &'$tiM* Tec' . &* Tec'+
IIT &omb$,
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►Partnership #ith Ta1i drivers
►6dded touch of technology
►4,, &abs across the country
►Pay L per perfor%ance %odel
►&harging lesser than auto ricksha#►(Cers 9
"reecharge oCers"ree 7rst ride
=atest (ne Plus T#o invite
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►+andhan is currently India largest and the #orld*s second largest %icro7nanceinstitution.
►It has / branches and currently serves 23 lakh borro#ers.
►It recently #on the banking license.
►It is based in Molkata, West +engal.
►"ound in / by the &handra Shekhar Nhosh9
&$n%'$n &$n-
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Proble%9►Poor people lack access to banks
and thus are forced to borro#fro% local %oneylenders at highinterest rates.
&$n%'$n &$n-: Problem
►Since poor people lack access toinvest%ent options they are lured byfraud sche%es like recent Sarada sca%in +engal.
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►Solution96 %icro7nance institution as a bank to take banking to the less #ell oC
&$n%'$n &$n-: Solution
GET LOANSAT /AIR
RATESNO MORE
MONEYLEN0ERS
INSRANCE /ORTHOSE WHO
ACTALLY NEE0IT
NO MORE WORRIES A&OTILLNESS AN0 OTHER LOSSES
/0S AN0R0S /OR
ALLNO MORE SCAMS
0IRECT &ENE/ITS
TRANS/ER/INALLY A REALITY1