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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