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page 1
Sync your ride
REVSMART BUSINESS PLAN DECK
page
• RevSmart is an internet of things and wearable technology start-up,
which builds smart accessories to help riders, bikers, and enthusiasts, to
enhance their riding experience and safety.
• Our first in the line product is an intelligent ride assistant helmet.
01. Elevator Pitch
1
Activity tracker & Ride assistant for Two wheelers
REVSMART BUSINESS PLAN DECK
page
02. Problem to Solution
Every time a rider is lost or needs
traffic information, he/she has to
stop and check their phones
Lost
2
GPS information and traffic update
available in the helmet allows users
to navigate with ease.
GPS navigation
Riders are… Revsmart helmets provides…
There are no platforms that connect
riders and to showcase one’s efficient
riding skills
Lonely
On board sensors measure and score
riding efficiency & behavior, which
can be reviewed & shared on an app
based social platform.
Connectivity
REVSMART BUSINESS PLAN DECK
Lack of motivation among riders.
Government regulations force them
to wear helmets rather than concern
Refusing to wear helmets
Our modern design and smart
features offers riders a motivation to
wear helmets and turn them into
fashion.
Motivation to wear helmets
page
03. Value Proposition
3
Benefits Experience
Features
Wants
Substitutes
1. Manage calls with
voice command
3. Sensors record and
present ride stats
2. Navigation by voice &
LEDs in peripheral vision
1. Stay connected
on the go
3. Review, improve
& share ride stats
2. Get Navigation, traffic
& pollution updates
1. Premium comfort
3. FITBIT like activity
tracking and sharing
2. Increase customer’s
Cool factor
4. Enhanced riding
experience
Product Customer
1. The associated
Cool quotient
2. Social platform
for riders
3. Live traffic
updates
1. Hands free
mobile connectivity
2. Easy access to
navigation
1. Fixed cost
of the product
1. Use mobile phones for GPS 2. Import high quality helmets without smart features
REVSMART BUSINESS PLAN DECK
3. Desire to improve
riding skills
page 4
Affluent ridersBicycle enthusiasts
• Bicycle enthusiasts who
commute everyday or take
long distance trips
• Trendy solution with minimal
features
• Pricing: USD 40
• Motorbike enthusiasts who
travel long distances and tech
savvy daily commuters
• High quality and enhanced
experience
• Pricing: USD 100
Behavioral
Brand Conscious
Luxury seekers
Spendthrifts
Psychographic
Expensive is better
Tech savvy
Trend setters
Love of riding
Major cities
Colleges
Offices
Tourists spots
Racing events
Geographic
Age group: 18 - 45
Male/Female
Demographic
REVSMART BUSINESS PLAN DECK
04. Target Customers
page
05. Market Opportunity
Highlights
◉8/10 affluent riders in Coimbatore, India survey
willingness to purchase the helmet
◉
5
USD 2.4 million raised by SKULLY AR-1 smart
helmet in Crowd funding within 2 months shows
potential international market◉
USD 750 million*
Total Addressable Market [TAM]
USD 150 Million
Serviceable
Addressable Market
[SAM]
8/10
Surveyed
willing to buy
~ USD
75million
Target Market
Target market evaluation is USD 75 million
growing at 35% CAGR
REVSMART BUSINESS PLAN DECK
page 6
06. Revsmart wear
REVSMART BUSINESS PLAN DECK
LEDs in peripheral vision for navigation – Rider’s POV
Schematic – Electronic components Ride stats page – Prototype application
page
07. Achievements
7
Times of India Economic times
2016
1
at IIT B
national business competition
IIT Bombay business track
winners
2016
Runners for best start-up idea
Auto Nebula connected
transportation
2
Awards
REVSMART BUSINESS PLAN DECK
page 8
08. Competitive Landscape
Low
Convenience
High
Convenience
Large Scale
Small Scale
• Indirect competitors for GPS in bikes
• Only GPS system provision for two
wheelers
• High cost & poor usability leads to low
preference among customers
• Smart helmets at
competitive pricing
• Expected cost: USD 100
• Indirect competition for
trendy helmet designs
• Started in 2015
REVSMART BUSINESS PLAN DECK
• Smart Scooter
• Funded Series by Tiger global
and Flipkart
• Local helmet
manufacturers providing
lesser features
page 9REVSMART BUSINESS PLAN DECK
09. Distribution Channels
Software API for the helmet
creates an ecosystem for builders
and hackers to create amazing
apps
Partnering with local motorcycle
accessories stores for direct sales
and repair
Campaign on crowd sourcing to
attract initial traction and test the
product in international market
Crowd-funding Events/Workshops
Distributors and Retailers
Continuous engagement of users
through blogs and relevant posts
on social media platforms
Social Media platform
Our product will be available at
major E-commerce platforms and also
directly through company website
Website and E-commerce
page 10
10. Revenue Model
Monetize through direct sale of smart motorbike and bicycle helmets
Monetize through big data such as time vs traffic information, potholes
and rough patch detection, preferred alternative routes by locals etc. to
the town planning bodies and private institutions
60%
Gross margin per sale
80%
REVSMART BUSINESS PLAN DECK
Gross margin per sale
page 11
11. Financial Projections and Target Key Metrics
PRE ORDERS
1000
Crowd funding and traction
KPI #2
RAISE
USD 100,000
Seed Funding
KPI #1
Financial Projection (3 year)
REVSMART BUSINESS PLAN DECK
CUSTOMERS
2000
by 2017
KPI #3
2000 units
20000 units
100000 units
0
50
100
150
200
250
300
350
400
450
2017 2018 2019
MILLIONS
page
12. Team
Sunder Jagannathan
Co founder, CEO,
Growth hacker and IOT
enthusiast
Advisors
12
Stars of
RevSmart
Jagannathan V.K
Advisor, M.des,IIT Bombay
25 years in design and
manufacturing
Parthasarathy N
Technical Advisor
Ph.D in Autonomous and
intelligent vehicle technology
REVSMART BUSINESS PLAN DECK
Shyam Sundar
UX and Interaction designer
Designer/Engineer
Senthil kumar
Developer, 6 years experience
in hardware and testing,
has 10 patents
Mohamed Yaseen
Co founder, Product Manager,
Product Development and Design
enthusiast
Srinath Kandala
Co founder, Procurement/Business
development, 5 years experience in
Business development
page
13. Funding Needs
13REVSMART BUSINESS PLAN DECK
USD 100,000
USD 35,000
Salaries, Freelancing, Website development, Video
development, Content writing for blogs, SMM, SEO,
Digital Marketing, Data Analytics, Growth Hacking
USD 50,000
Development of prototypes, import procurement,
benchmarking, Certification, Market testing,
Patent Application, Software development
USD 15,000
Office Rent, Utility expenses, Legal requirements,
Rapid prototyping, Computer for CAD development,
Transportation, Kick starter campaign
page
14. Timeline (FY 2016)
14REVSMART BUSINESS PLAN DECK
Step 1
Marketing Analysis
Step 2
1st Prototype
Development and Testing
Step 3
Build/ship beta
Step 4
Study feedback from
1000 users
We are here
Step 4
Saleable product
launch
2 months
2 months
3 months
This timeline also includes patent application, user base creation, gaining
traction on website and PR
page
15. Prototype status
15
Working model
REVSMART BUSINESS PLAN DECK
Voice recognition demonstration video User flow wireframe for mobile app
Preliminary clay model mockups
page
16. Traction
16REVSMART BUSINESS PLAN DECK
Landing page (Minimum Viable Product)
CUSTOMERS SHOWN INTEREST ON LANDING PAGE 204/233
The prototypes are constantly tested by a
community of riders, who give their
reviews and feedback based on which
product iterations are done.
◉
Our Partners
page 17
17. Contact Info
facebook.com/Revvsmart/
www.revsmartasia.com
Thank You
yaseen@revsmartasia.com,
sunder@revsmartasia.com
+91 9597258032 /+91 9600547410
REVSMART BUSINESS PLAN DECK

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Revsmart Pitchdeck

  • 1. page 1 Sync your ride REVSMART BUSINESS PLAN DECK
  • 2. page • RevSmart is an internet of things and wearable technology start-up, which builds smart accessories to help riders, bikers, and enthusiasts, to enhance their riding experience and safety. • Our first in the line product is an intelligent ride assistant helmet. 01. Elevator Pitch 1 Activity tracker & Ride assistant for Two wheelers REVSMART BUSINESS PLAN DECK
  • 3. page 02. Problem to Solution Every time a rider is lost or needs traffic information, he/she has to stop and check their phones Lost 2 GPS information and traffic update available in the helmet allows users to navigate with ease. GPS navigation Riders are… Revsmart helmets provides… There are no platforms that connect riders and to showcase one’s efficient riding skills Lonely On board sensors measure and score riding efficiency & behavior, which can be reviewed & shared on an app based social platform. Connectivity REVSMART BUSINESS PLAN DECK Lack of motivation among riders. Government regulations force them to wear helmets rather than concern Refusing to wear helmets Our modern design and smart features offers riders a motivation to wear helmets and turn them into fashion. Motivation to wear helmets
  • 4. page 03. Value Proposition 3 Benefits Experience Features Wants Substitutes 1. Manage calls with voice command 3. Sensors record and present ride stats 2. Navigation by voice & LEDs in peripheral vision 1. Stay connected on the go 3. Review, improve & share ride stats 2. Get Navigation, traffic & pollution updates 1. Premium comfort 3. FITBIT like activity tracking and sharing 2. Increase customer’s Cool factor 4. Enhanced riding experience Product Customer 1. The associated Cool quotient 2. Social platform for riders 3. Live traffic updates 1. Hands free mobile connectivity 2. Easy access to navigation 1. Fixed cost of the product 1. Use mobile phones for GPS 2. Import high quality helmets without smart features REVSMART BUSINESS PLAN DECK 3. Desire to improve riding skills
  • 5. page 4 Affluent ridersBicycle enthusiasts • Bicycle enthusiasts who commute everyday or take long distance trips • Trendy solution with minimal features • Pricing: USD 40 • Motorbike enthusiasts who travel long distances and tech savvy daily commuters • High quality and enhanced experience • Pricing: USD 100 Behavioral Brand Conscious Luxury seekers Spendthrifts Psychographic Expensive is better Tech savvy Trend setters Love of riding Major cities Colleges Offices Tourists spots Racing events Geographic Age group: 18 - 45 Male/Female Demographic REVSMART BUSINESS PLAN DECK 04. Target Customers
  • 6. page 05. Market Opportunity Highlights ◉8/10 affluent riders in Coimbatore, India survey willingness to purchase the helmet ◉ 5 USD 2.4 million raised by SKULLY AR-1 smart helmet in Crowd funding within 2 months shows potential international market◉ USD 750 million* Total Addressable Market [TAM] USD 150 Million Serviceable Addressable Market [SAM] 8/10 Surveyed willing to buy ~ USD 75million Target Market Target market evaluation is USD 75 million growing at 35% CAGR REVSMART BUSINESS PLAN DECK
  • 7. page 6 06. Revsmart wear REVSMART BUSINESS PLAN DECK LEDs in peripheral vision for navigation – Rider’s POV Schematic – Electronic components Ride stats page – Prototype application
  • 8. page 07. Achievements 7 Times of India Economic times 2016 1 at IIT B national business competition IIT Bombay business track winners 2016 Runners for best start-up idea Auto Nebula connected transportation 2 Awards REVSMART BUSINESS PLAN DECK
  • 9. page 8 08. Competitive Landscape Low Convenience High Convenience Large Scale Small Scale • Indirect competitors for GPS in bikes • Only GPS system provision for two wheelers • High cost & poor usability leads to low preference among customers • Smart helmets at competitive pricing • Expected cost: USD 100 • Indirect competition for trendy helmet designs • Started in 2015 REVSMART BUSINESS PLAN DECK • Smart Scooter • Funded Series by Tiger global and Flipkart • Local helmet manufacturers providing lesser features
  • 10. page 9REVSMART BUSINESS PLAN DECK 09. Distribution Channels Software API for the helmet creates an ecosystem for builders and hackers to create amazing apps Partnering with local motorcycle accessories stores for direct sales and repair Campaign on crowd sourcing to attract initial traction and test the product in international market Crowd-funding Events/Workshops Distributors and Retailers Continuous engagement of users through blogs and relevant posts on social media platforms Social Media platform Our product will be available at major E-commerce platforms and also directly through company website Website and E-commerce
  • 11. page 10 10. Revenue Model Monetize through direct sale of smart motorbike and bicycle helmets Monetize through big data such as time vs traffic information, potholes and rough patch detection, preferred alternative routes by locals etc. to the town planning bodies and private institutions 60% Gross margin per sale 80% REVSMART BUSINESS PLAN DECK Gross margin per sale
  • 12. page 11 11. Financial Projections and Target Key Metrics PRE ORDERS 1000 Crowd funding and traction KPI #2 RAISE USD 100,000 Seed Funding KPI #1 Financial Projection (3 year) REVSMART BUSINESS PLAN DECK CUSTOMERS 2000 by 2017 KPI #3 2000 units 20000 units 100000 units 0 50 100 150 200 250 300 350 400 450 2017 2018 2019 MILLIONS
  • 13. page 12. Team Sunder Jagannathan Co founder, CEO, Growth hacker and IOT enthusiast Advisors 12 Stars of RevSmart Jagannathan V.K Advisor, M.des,IIT Bombay 25 years in design and manufacturing Parthasarathy N Technical Advisor Ph.D in Autonomous and intelligent vehicle technology REVSMART BUSINESS PLAN DECK Shyam Sundar UX and Interaction designer Designer/Engineer Senthil kumar Developer, 6 years experience in hardware and testing, has 10 patents Mohamed Yaseen Co founder, Product Manager, Product Development and Design enthusiast Srinath Kandala Co founder, Procurement/Business development, 5 years experience in Business development
  • 14. page 13. Funding Needs 13REVSMART BUSINESS PLAN DECK USD 100,000 USD 35,000 Salaries, Freelancing, Website development, Video development, Content writing for blogs, SMM, SEO, Digital Marketing, Data Analytics, Growth Hacking USD 50,000 Development of prototypes, import procurement, benchmarking, Certification, Market testing, Patent Application, Software development USD 15,000 Office Rent, Utility expenses, Legal requirements, Rapid prototyping, Computer for CAD development, Transportation, Kick starter campaign
  • 15. page 14. Timeline (FY 2016) 14REVSMART BUSINESS PLAN DECK Step 1 Marketing Analysis Step 2 1st Prototype Development and Testing Step 3 Build/ship beta Step 4 Study feedback from 1000 users We are here Step 4 Saleable product launch 2 months 2 months 3 months This timeline also includes patent application, user base creation, gaining traction on website and PR
  • 16. page 15. Prototype status 15 Working model REVSMART BUSINESS PLAN DECK Voice recognition demonstration video User flow wireframe for mobile app Preliminary clay model mockups
  • 17. page 16. Traction 16REVSMART BUSINESS PLAN DECK Landing page (Minimum Viable Product) CUSTOMERS SHOWN INTEREST ON LANDING PAGE 204/233 The prototypes are constantly tested by a community of riders, who give their reviews and feedback based on which product iterations are done. ◉ Our Partners
  • 18. page 17 17. Contact Info facebook.com/Revvsmart/ www.revsmartasia.com Thank You yaseen@revsmartasia.com, sunder@revsmartasia.com +91 9597258032 /+91 9600547410 REVSMART BUSINESS PLAN DECK