copy of olly biz deck_02-17

[email protected] CREDIT APP

DIGITAL CREDIT APP


A digital credit app for India’s working masses

Olly is a mobile first credit app for millennials & shared economy workers with a dynamic credit limit

around AI-based underwriting


ONLY 7%of India’s middle class have

credit cards:

a) Bank’s focus on the creamy layer

b) Millennials don’t have a credit score

Source: consumer credit report for 2016

c) They are app users & hate bureaucracy


90Millionpotential market for Credit

Cards in India by 2020

a) 24.5 Million credit cards Vs 661.8 million debit cards

b) Only 16 Million credit card users

Source: consumer credit report for 2016


Opportunity

The 21 – 34 age group Low on default/ High LTV

48.8 MillionSMBs + Shared economy workers

OLA = 6,00,000 Drivers Delhivery = 40,000 delivery workers


Get credit in 180 seconds

1. Download the app

2. Share minimal details 3. Validate email and phone number


CIBIL SCOREREPAYMENTS

16100% IN TIME

TRANSACTIONS

240


Risk assessment: Olly AI

Geo tracking

Workplace rating

Career Progression

Institutional Underwriting + Track Behaviour Patterns


Keep sharing & increase credit limit

KYC’s


Lender dashboard:

Transactional data User data


Compliance Ready

+Lender Processor


Traction

Revenues

Successful Pilots CEO’s

Radi Walla

MBAStd

MBAStd


Olly’s Business Model

1. Revenue share with lender

2. Dashboard subscription

Also, we share the risk


Competitive landscape and competitive advantage

Startup VS Incumbent


Team

AshwinProduct |

Tech | Business

RingaileProduct | Design

AbdulazizSoftware

Development

TonySoftware

Development

MomenSoftware

Development


Financials

INR Lakhs. FY 18 FY 19 FY 20

Interest Income 23 1,275 30,963

Subscription Income 10 588 14,469

Transaction Fee 8 941 23,150

Total Revenue 41 2,803 58,583

Total Expenses 221 896 10,361

Net Margin (180) 1,907 58,222

Net Margin % NM 68% 84%


Scale up plan

1. Get to 10K Users

2. Establish systems & processes

3. Adoption by diverse user groups

4. Establish strategic tie-ups


B2B2C Sales Process

OLLY TEAM

SMB

EMPLOYEEDATA

EMAILS TO EMPLOYEES


Previous raise

Rs.62L

Founders

Rs. 38 L from Startup Chile / angel investor & Rs. 25 L founder's contribution


Existing raise

Rs.2.4CR

Rs. 70 L committed from Jaarvis / other angels


Risks, Challenges and Mitigation

Risks and challenges Mitigation Default of Repayment Technology / Systems and processes

Competition from established players Core strenghts + Strategic Tie-uos

Regulatory Challenges Favourable environment

Raising Capital Continous fund raising process


Awards and Recognition


DIGITAL CREDIT CARD APP

“Ask us for a demo”

copy of olly biz deck_02-17

Mobile