FMB 17th Oct. 2015
Entrepreneurship 1
Adit Parekh, Blume Ventures
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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Dehlivery
Apple
FK Tally
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)
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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..
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• Full stack technology platform
• Team: Tech + Ops + Fulfillment
• Investors + Capital
• Ops focused: Non-scalable model
• Weak team• Low capital• New competition