2. Evident gaps in the market
• Lack of confidence amongst buyers
• Substantial difference between selling and buying price
• Man-hours spent in completing a transaction
3. Solution
A mobile platform providing end to end solutions:
• Information and assistance on buying a pre-owned car or bike
• Hassle-free selling
• Trading at fair price
• Paper transfer
• Loan and Insurance
5. Product – Mobile App
3 easy steps:
• Select city
• Review Verified Listings – apply detailed filters
• Contact seller directly through Mobile App
6. Revenue
• Listing fees
• Transaction fees – 5% of selling price from buyer
• Concierge fees – RC transfer from RTO
• Auto loan and Insurance – commission fees
• Service Warranty packages – commission on service warranty
8. Competitors
Carwale.com
Only B2C focus
No inspection
Cartrade.com
B2C business model
Physical outlets
Maruti True Value
Maruti dealers - exchange
Weak inspection
Mahindra First
Choice
Physical outlets
Good inspection
9. Our Team
Suraj Kalwani (CEO)
IIT Kharagpur – 2012
Project Manager, Housing
New Projects Category Expansion
Home Booking Marketplace
Ravi Chirania (Operations)
IIT Kharagpur – 2012
Project Manager, Housing
Product Management – Land
Operations, New Reactor Project - RIL
Rakesh Raman (Product)
IIT Bombay – 2013
Project Manager, Housing
Home Loans Product Management
IBM Consultant – Data Scientist Unilever
Ritesh Pandey (Technology)
IIIT Jabalpur – 2012
FusionCharts – Core Team
Front End Operations – Fab.com
Web Game Developer – MadRat Games
Shubh Bansal (Growth)
IIIT Jabalpur– 2012
Project Manager, Housing
New Projects Category Expansion
Product Engineer (CRM) - TCS