Automobile Services aggregator model

INVESTMENT PROPOSAL
AUTOMOTIVE SERVICE PLATFORM

INVESTMENT PROPOSAL​

A unique service platform for bikes and cars that transforms the after-sales service industry. It provides a hassle-free experience focused on transparency and customer satisfaction with service warranty

Business Summary:

  • We are working on hybrid business model & we are into the field for 2.5 years now with 800 users. We are operating through our own authorized workshops in Chennai & also integrated other players in our platform. The customer can book through the app and complete the service.
  • We provide last mile service to our customers pick up and drop off facilities. Our customer support is active 24/7 for guaranteed customer satisfaction.
  • The focus on acquiring customers through corporate tie-ups to reduce the CAC in future.
  • We are wishing to expand to other cities, build efficient CRM & garage management software, diversify our activities with auto spare business & a marketplace for 2-wheeler & 4-wheeler post the fund inflow.

Behind the Wheel:

  • The 3 founders have versatile experience across various sector in verticals including IT, Process Automation, Production engineering, Automotive, and identifying new markets.
  • The management team served for big corporates & MNC’s like IBM, HCL, Rane, Renault- Nissan, TATA etc

2 Year Action Plan:

Financial Snapshot:                                                                                        Amt in INR Lakhs

Particulars

FY2020P

FY2021P

FY2022P

FY2023P

FY2024P

FY2025P

Total Revenue

 ₹ 10.47

 ₹ 622.65

 ₹ 1,870.00

 ₹ 2,790.00

 ₹ 2,880.00

 ₹ 2,880.00

EBITDA

3.1

259.7

1085.3

1784.5

1850.3

1813.8

EBIT

3.0

256.1

1078.1

1778.2

1844.9

1809.2

PAT

2.2

192.1

808.6

1333.7

1383.7

1356.9

Our Competitive Advantage:

  • We provide transparency & uniform pricing across all our own workshops with service warranty like no other player.
  • Simplified booking service: Customer can track his service at any time and stage with real time update and through aid of app
  • Last mile service: In today’s life, no one wants to be in a workshop and spend a whole day having their vehicle serviced. Therefore, we offer a pick and drop service which is hassle-free.
  • Authenticity: Service with a local garage increases the chances of using unreliable products, well there would not be a chance like that with us.
  • Workmanship: There is always a disparity between the quality of the service and the amount paid by the customer. We provide the best quality service in the market.

 Indian Market a Huge Opportunity:

           Bn$9

  • The future of the massive Indian two-wheeler after-sales market lies in the hands of ‘managed marketplaces’ who can leverage technology
  • The Indian Two-Wheeler Market is consistently growing at a CAGR of 7.33%
  • 60% after sales market; The total manpower deployed in automobile industry with 253 million vehicles in operation

 Investment Opportunity:

The business is looking to raise INR 580 Lakhs as a seed funding to expand into new geographic locations.

 Why Invest in our Platform?

  • We have developed a unique service model and online platform which can lead the after-sales service industry in India. This market is bound to grow astronomically over the next 5 years
  • Specific and clear growth focus for each business segment
  • While India is witnessing the best bicycle launches with newer technology and features, the after-sales service market has shown enormous potential
  • Highly Experienced Management Team
  • Well positioned for profitable growth