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Saving Grandparent’s Shop In Malaysia

Current StatusRevenue Generating, Pre-Profit
Amount InvestedRM400,000
Funding RequiredRM700,000
DescriptionWe are young malaysians trying to revive all the ‘Grandparent’s Shop’ in Malaysia. These shops are traditional bricks and mortar businesses include Hardware Shops, Boutiques, Furniture Shop and etc. We are able to transform and modernize their business to battle with growing e commerce websites and shopping malls.
Business Opportunity400,000 local shops across Malaysia (According to Valuation Department Malaysia)

First 24 months: 100,000 shops across Klang Valley
Revenue / Business Modelxxxx
Management TeamRenowned IT Developer (Who developed Apps for Petronas, Samsung and etc) is our shareholder/IT Partners
Founder: Graduated from Top 1 Real Estate Uni in UK (BSc in Real Estate). Worked in Multinational Real Estate firm (JLL Malaysia) and Public Bank Berhad
Co Founder: Finance and Marketing Guy. Graduate from BSc Finance and Business Management, managed various huge marketing events like JOM Heboh.
Salesperson: 2 In house Experience Photographer/Sales Ambassador
Company BackgroundIncorp: 22/02/2018
App Launched: December 2018

Featured more than 200 Local Shops
Paid Subscriber on App: 80 (Include big brands like Kamdar, One Living, Malaya Optical and etc)
Revenue Generated: RM75,000 ++
Funding MilestoneRM700,000

25% will be utilised to expand ‘After Sales Team’ and ‘Sales Team’ (expecting to recruit 6 experience sales person to penetrate new areas)
25% will be utilised to form ‘Shop Hubby Local Shop Association’ (Referral sales will be next phase on our business plan)
25% will be utilised to Upgrade Our Mobile Application and Website (Adding new feature like FB Live Video Links)
25% will be OPEX for the next 6 months (HR System Implementation, Marketing Events, Branding Strategy)
% Equity Allocation10
Expected ROI10x in 3 years
Risks and MitigationRisk:
Sales going slow
Inexperience Founder

Mitigating Factors:
Capability to pivot strategy to achieve set KPI
Recruitment of talents (HR to manage sales person, Investors as our business consultant)
Exit StrategiesExpected to be listed on LEAP within 5 years
Company NameShop Hubby Sdn Bhd
Website/Facebookhttp://www.shophubby.com
Business AddressSandbox Co Space, 22-1, Jln Radin Bagus 3, Sri Petaling, 57000 Kuala Lumpur, Wilayah Persekutuan Kuala Lumpur
Contact PersonKJ Chow

New startup retail store with O+O (offline + online) platform and mix with Zakka and Buyer Collection shop concept.

Current StatusPre-Revenue
Amount Investedover RM 900,000.00
Funding RequiredRM 800,000.00 – RM 1,200,000.00
DescriptionWe are the new startups retail stores at Bintulu, Sarawak. To define ourselves in this competitive market, we are bring In the “Zakka” concept in which link with Clothes, Food, Home and Travel (outdoor) to create unique experience for consumers. This concept in term refers to everything and anything that improve your home life and appearance. We also adopt the “Buyers Collection Shop” concept in merchandising to highlight the exclusive product selected for our consumers. 

In order to integrate and fit in market trend, we are adopt the O+O (offline + online) platform in further business development.
Business OpportunityOpportunity
o Rapidly of property development in recent years especially the retail units and shopping mall have improve shopping environment and located at strategic location. There was 9 shopping Mall in progress to launch and complete on 2021 in Bintulu. 
o Similarity of business strategic in between retailers causing limited types of product offer to consumer. 
o Delay in big player enters the market cause by high cost in business expansion and population density from West Malaysia to East Malaysia.
o Surplus of commercial property offer lower negotiated price for physical store operating.
o The basic salary scheme formulate by government has stimulate the consumption of consumer especially for fresh candidates.
o The SETP (Sarawak Socio-Economic Transformation Plan) implemented by state government to increase personal GDP and income gap that involves a grant of RM180billion from 2016-2030.
o 60% of age group below 50 years old provides great buying power.(Refer attachment below)
o Pan Borneo highway project improving the connection between city and rural area to access more potential consumer group and shorten the travel trip time. The districts near to Bintulu provide over 1 million populations potential consumers travel within 3 hour to enjoy vacations or short holiday during weekend after completed the highway on 2020. (**Please refer to the attachment at below.)
o The Sarawak Corridor of Renewable Energy (SCORE), is one of the five regional development corridors being developed throughout the country. SCORE is a major initiative undertaken to develop the Central Region and transform Sarawak into a developed State by the year 2020 and beyond. It aims to achieve the goals of accelerating the State’s economic growth and development, as well as improving the quality of life for the people of Sarawak. The Corridor is located within the Central Region of Sarawak, stretching for 320 km along the coast from Tanjung Manis to Samalaju and extending into the surrounding areas and the hinterland. SCORE covers an area of approximately 70,000 sq km, with a population of 607,800 people. The major urban centres within the Corridor are Sibu, Bintulu, Mukah and Kapit.
o Neighbor with Sabah, Brunei and Kalimantan provide opportunities in business expansion.
o East Malaysians spending behavior on products thru offline and online platform provides the great opportunities in business developing thru O+O business mode. (refer to attachment – research conducted by Iprice Group)
Revenue / Business ModelOur existing revenue mainly come from the sales generate by selling floor. The price ranges of the product setting from RM 9.90 – RM 199.90, actually is depend the location and consumer group. The profit margin is divided into 2 groups. The consignment basis product is between 15% – 30% and outright basis product is between 45% – 50%.
Management TeamOur Admin & HR Manager has a background in wholesale and logistic transportation experience more than 10 years. He will assist in sourcing suppliers and manage transport cost either import or local. Our Operation & merchandising manager has experience in supermarket & departmental store more than 17 years. He is responsible in seeking cooperation with local brands or manufacturers. He also sourcing unique product from foreign countries. Even our senior operation supervisors also has 10 years experiences and responsible in product training and customer service. We always work together to discuss and exchange market information regard buying attitudes, desire and competitors activities.
Company BackgroundCompany incorporates date : 20 – 04 – 2017 
Business operating date : 25 – 09 – 2017 
Shareholders & Director structure : 2 Shareholders & Director 
1st financial year: RM540,025.00 (October 2017 – July 2018) (Audited)
New Financial year up to date: RM 538,890.87 (August 2018 – April 2019) 
The 1st year financial report record of loss RM 607,597 mainly incurred by invest in fixed equipment / renovation/rental deposit and purchasing of stock. Low sales achievement also one of the factor due to low exposure of our store and location.
Funding MilestoneFund request: RM 800,000.00 – RM 1200,000.00
The rising fund is accomplishing the business circle that plan in set up the retail environment to provide alternative experiences through space, products and services.
% Equity Allocation15% – 25%
Expected ROI10% – 12% per annul
Risks and MitigationRisk:
• New brand and low explore in market compare to competitors.
• High competitive in retailing market.
• The crowd is not concentrated.
Mitigating factors
• Full utilize the famous social media such as facebook and whatapp to increase the exposure of our outlet and create consumer community.
• Prepare in online platform to reach more consumer group and market.
• Minimize expenses in rental negotiation and staff efficient.
• Accomplish the business plan set up to enhance competition status.
• Diversified and new category developing thru existing business base.
Exit StrategiesWe wish to keep long term cooperation relationship with our investor. We need our investors act as mentors and advisor in leading the company further development. With the combining of O+O platform to reach bigger market, we need the assistance and connection of investors to strengthen and enhancing our teams to face with greatest competition. If really need to state the date, we wish our invest exit within 5-7 years. Because the company has passed through the startup stage and get the mature profile to deal with commercial bank getting financial support. We also expect to gain profit after 3-4 years and return to our investors.
Company NameKCSH Project Sdn.Bhd
Business AddressParagon Streetmall Bintulu, No1 Old Airport Place
Contact PersonWelman Kong

Iagoora Hospitality Solutions Sdn Bhd

Current StatusPre-Revenue
Amount InvestedRM65,000
Funding RequiredRM750,000
DescriptionIagoora bridges that gap between suppliers and buyers by providing a comprehensive listing platform, search engine and sourcing solution. We are not only focused on Food and Beverage suppliers but provide a holistic approach that ensures all hospitality industry segments are on board the platform, creating a one stop solution.
Business OpportunityThere are over 12,000 HORECA industry suppliers in Malaysia. Most are now facing a high sales team cost with no way of tracking their performance or ROI. On the ground marketing style is still the most prevalent strategy which makes it difficult to reach new target audience and gives buyers a hard time finding competitive products and services.
Revenue / Business ModelMalaysia has over 12,000 F&B suppliers and our goal is to have 15% to 20% of them listed on Iagoora by the end of 2021. There are 3 simple packages ranging from a free listing, Standard Membership (RM350) and Premium (RM500). We do not charge any commission rates. Other sources of revenue will be from digital advertising on the Iagoora website pages, web design and data entry services for suppliers and also related third party charges.
Management TeamNicol Roach Reddy (Founder & Team Leader) has worked in the F&B industry for over 18 years, lastly as the Director and COO of Chaswood Resources Holdings Ltd. He has managed business in Indonesia, Singapore and Malaysia with an annual turnover of RM150 million. Founder of The Restaurant Mechanics consultant firm, he is also passionate about working with startups in the industry to help them get on the right track from the beginning.

Muhammad Kashif (Co-Founder & Lead Programmer) has been in the IT sector for more than 15 years. Always developing and keeping up with the latest tech trends. He is skilled in Web Programming, Mobile App UI, SEO, Digital Marketing, Google Ad Word Certified and Project Management. He is an avid traveler and adventurer and owns his own travel site. Kash has numerous professional certifications from universities in USA, Australia and UK. He has work experience in Europe and Asia.

Rajendra Subra (Operations Engineer & IT Tech) has worked in the Hospitality Industry for over 15 years and his most recognized job scope was with TGI Fridays as a Regional Manager for Malaysia managing the business and delivering results to stakeholders. He is now a freelance F&B consultant and joined Iagoora because he strongly believes in the ability of the brand to bring the industry forward. Raj studies IT at the boom of the industry and leads the operations team.
Company BackgroundIagoora Hospitality Solutions Sdn Bhd was founded on 12-01-2018. We started programming the website 4 months later and completed programming on December 2018. Pulling full time jobs both the founders Nicol and Kash work tirelessly to make Iagoora come true. We are now listing our first 20 suppliers and will be targeting to list 200 suppliers in the next 8 months. We have personally invested RM65,000 into Iagoora since it’s inception and are now looking for funding to move forward and grow the brand and business.
Funding MilestoneWe are looking for RM750,000 for the following purposes. Hiring team for sales, marketing, programming and administrative then running operations cost. Building iOS & Android applications, continuous programming, office space, integration with POS. We will be operationally self sustainable when we reach 200 subscribed paying members in 6 to 8 months.
% Equity Allocation7.5%
Expected ROI3 years +
Risks and MitigationBefore we embarked on this project we took time to meet with key suppliers in the country. Their positive feedback and encouragement is what drove us to invest into Iagoora. There is a lack of web technology in the F&B supplier sector which makes it difficult for buyers (restaurants, hotels, cafes & etc) to source for products, vendors and service providers. The problem is faced by both buyers and suppliers alike which is where Iagoora comes in. We are the bridge that links both sides of the divide. Our key suppliers are POK Brothers, Euro Atlantic, TWH Tong Woh, Allied Food Services and many others that we seek advise from.
Exit StrategiesExit strategy for investors if they wish to can be in 5 years time when the business has expanded in the region. We plan to expand into Singapore, Indonesia and Australia in 2021 when we have reached 1,500 suppliers in Malaysia. Option would be to sell shares back to the the founders based on the future valuation at the time of sale.
Company NameIagoora Hospitality Solutions Sdn Bhd
Website/Facebookhttp://iagoora.com/final/
Business AddressB-2-16 Boulevard Residence, Kampung Sungai Kayu Ara, 47400 Petaling Jaya.
Contact PersonNicol Roach Reddy

Prepay – Online Fraud Prevention Platform for P2P/C2C

Current StatusPre-Revenue
Amount InvestedRM10,000
Funding RequiredRM300,000
DescriptionPrepay is an online web platform which acts as an intermediary for 2 parties (Buyer & Seller) and regulates the transaction to make sure both parties fulfill the deal condition.

1. Automate Buyer payment confirmation & courier delivery arrangement for Seller.
2. Able to prevent online fraud during the transaction process.
3. Acknowledged by Bank Negara Malaysia.
Business Opportunity1. Online fraud & scam is happening almost everyday in Malaysia.
2. Existing solution to prevent online fraud deemed ineffective & inefficient.
Online scams recorded losses : RM266m (2017) , RM398m (2018)

Total Market Users : 21,800,000
Online (C2C) Marketplace : 7,500,000 (Mudah.my as benchmark)
Online Gaming : 14,300,000 (Researched by Newzoo)
Revenue / Business Model1. Payment Channel (Fee per transaction):
-Cash Deposit = rm4 – 1.3%
-Online Banking = rm3.5 – 1.3%
-Debit Card = 3.7%

2. Courier Arrangement (Fee per arrangement):
RM1.50 or 15% (whichever higher) from total courier cost.
Management TeamNik Mohd Azri Azaha – CEO
-3 years experience in logistics.
-Develop & operate online private game server at 16 y/o.
-Bachelor degree in Operation Management.

Muhammad Hariz Mohd Khalil – COO
-4 years diverse experience in trading and construction.
-Bachelor degree in Operation Management.

Nguyen Loi – CTO
-9 years experience in web development.
-Full-stack developer.
-Bachelor degree in Information Technology.
Company BackgroundIncorporated : 20/12/2018

Funding:
Bootstrap for MVP development & legal registration – RM10,000
Funding MilestoneAdministration RM9,000 
Marketing RM75,800 
Payroll RM91,000 
Operation RM79,841 
Development RM26,859 
Professional Fees RM8,000 

Total Required: RM290,500
% Equity Allocation20
Expected ROI20% – 35%/year
Risks and MitigationWe consider secure payment sector as “moderate risk high return” investment where the business model itself is a proven business model in many other countries (US, China, Indonesia & others).

We also consider ourselves as a pioneer in Malaysia for this market where we are focusing on P2P/C2C marketplace instead of B2b/B2C like many other international competitor.

Finally, the growth of Malaysia p2p e-commerce & online gaming will definitely increase the odds where it will directly increase the total potential market for this platform.
Exit StrategiesPeriod : 5years & above

Strategy:
-IPO
-Company Acquisition
Company NameASIA PREPAY SDN BHD
Website/Facebookhttps://www.prepay2u.com
Business AddressLOT 37 JALAN PAUH PUNGGAH KAMPUNG MALAYSIA RAYA 57100 SUNGAI BESI W.P. KUALA LUMPUR MALAYSIA
Contact PersonNIK MOHD AZRI AZAHA

One-stop travel solutions, fulfill the dream of travel the entire world

Current StatusGrowth
Amount InvestedRM2500
Funding RequiredRM1000000
DescriptionWe build a one-stop solution for travel industry, where you can book accommodation, transport and day trip. Imagine when you go backpack you can plan and book everything that you need in a place. We will have a digital map for traveller to plan, it will be a map for their dream travel, they can start budgeting and save for their trip in advance. We are currently in phase one, expanding our accommodations cover area.
Business OpportunityTourism market size in Malaysia is around 86billion ringgit. 
Currently, there are no solutions for booking the entire travel trip in a place i.e, accommodation, transports, day trips and experiences.
Travel the entire world is unaffordable, we are trying to change this by building an affordable one-stop solution travel operators to fulfill people dream of travel the entire world in their life-time.
Revenue / Business ModelService charges from the management of the accommodations, interior design fees of the accommodation, transport fees, day trip fees and technology subscription.
Management TeamCurrently our company have a total of 11 employees age between 20-35.
Company BackgroundStarted with no capital, as we have a positive cash flow business model.
Business started running at 1/9/17 as sole proprietor, incorporate as Sdn Bhd on 1/7/18.
Currently has a monthly sales of around RM400k, target to achieve a revenue of 4million this year.
With the funding, we expect that we can increase the revenue 10-20 times faster in 1-2 years.
Funding MilestoneWith the RM1million funding, we expect that we can increase the revenue 10-20 times faster in 1-2 years to RM40-50million
% Equity Allocation5
Expected ROI6-12 months
Risks and MitigationOperation failure and quality management failure
Exit StrategiesIPO by 2027, will consider any buyout in the process
Company NameRENTRADISE SDN BHD
Website/Facebookhttps://www.facebook.com/rentradise/
Business Address29-2, Jalan Molek 3/20
Contact PersonWong Chee Fatt

Belletto (makeup artist and personal care marketplace)

Current StatusConcept / Business Plan
Amount InvestedRM 50,000
Funding RequiredRM600,001 to RM1,000,000
DescriptionThe idea of Belletto (make up marketplace) is allowing malaysia make up artist to get more exposure and job opportunity through this platform , make up artist will first be interviewed only allow to be listed into the platform. Make up artist required to submit their latest job to be uploaded in order for end user to view. End users then select make up artist that they wish to engage either for their wedding make up , dinner etc. All payments will have to go through payment gateway , and Belletto will take a certain percentage from the transaction. Other than that, Belletto also will have another session of make up courses where Belletto will engage with one of Malaysia popular make up artist. All courses will be conducted through live video and attendance will be rewarded a cert by end of the course. Nonetheless , this platform also will be selling various type of make up and personal care products.
Business OpportunityWe extract the statistic from www.statistic.com, the personal care segment is expected to reach USD 351 M for 2019 and expected an annual growth of 12.9% and by 2023 will be USD 570M. Total consumers for 2019 will be 7.2M and by 2023 expected to reach up to 8.8M. All these user would be the potential users to subscribe all this make up service through Belletto and make their personal care products at the same time. Our indirect competitors in the market would be those martketplaces like lazada, 11street and shopee and also those makeup company that provides make up services but with limited artist and with high price.
Revenue / Business ModelBelletto business model would base on subscription fees on accessing to latest make up trends(both members and artist) , marketing , makeup courses , comm base for each makeup artist hired or products purchased etc.
Management Teamwe have a team of 5 programmers to kick start this marketplace, and we have a group of makeup artist that we have engage and last but not least a digital marketing agency to market our marketplace
Company Backgroundour company name is Bobbi Bobbi Resources , started business since December 2017. Core business is to sell app template and custom made mobile app. we have not raise any fund so far under Bobbi Bobbi Resources.
Funding MilestoneThe first phase of fund raising would mainly use for marketplace development and also for digital marketing. estimate cost of development of market place would be RM 350,000 in 6 months time. and balance RM 650,000 will be allocated for digital marketing before it’s launch. before it launch will raise another phase of funding for 2nd phase .
% Equity Allocation50% for total RM 1M funding .
Exit StrategiesOur future enhancement expected to fall on the 5th years where we will bring in AR and VR. once completed the AR and VR we will be selling off the marketplace in 10 years time.
Company NameBobbi Bobbi Resources
Website/Facebookhttp://www.bobbibobbi.com
Business Address35A, Jalan Melati 18 . Taman Sri Melati , 68100 Batu Caves. Selangor
Contact Personpatrick liow

Contour

Current StatusConcept / Business Plan
Amount Investedwe are still in concept and business plan
Funding RequiredRM300,000 or less
DescriptionIn this modern era, women have so much of insecurities in themselves such as low self confident and physical appearance. All these insecurities can lead to a serious depression. Through statistics made by The Triple Bind, Steven Hinshaw, 1 in 4 girls today fall into a clinical diagnosis – depression, eating disorders, cutting, and other mental/emotional disorders.  

Due to of the above issues, we come out an idea to create an apps called Contour Malaysia to help women in this coutnry to feel more confident abput being themselves.

What is Contour ?

Contour is an application where every women in Malaysia can book any professional make up artist that are available in their place on the go for their special event. 
Through Contour, women can have varieties of choice which make up artist that they want and suitable with their taste and budget. 
We want every women all over Malaysia to be presentable and be confident in front of people all the time in every event that they attend and to be the most beautiful bride in their special day.
Business OpportunityThrough contour, we will be helping women by increasing directly their confidence, their appearance and most importantly they will be more presentable in front of the public especially in the special occasion that they attend.

Our market is very big and specialize to every women in all over Malaysia. women will spend their money just for a beauty. Hence, contour is the best platform for them to spend their money.
Revenue / Business ModelEvery successful booking of make up made by user, 10% charges will be taken from total amounts of make up services from make up artist.

For example, the total amounts of make up service is RM 250.00 , it means our side will take RM RM 25.00 from the deposit payment that had been maid by the user.
Management Team1. NAME : NOOR AZIZAH YUSOF
DESIGNATION : FOUNDER 
BACKGROUND  STUDIES : PHARMACY
SPECIALITIES : Focusing with website developer team and marketing site. 

2. NAME : NUR AZMEERA ZULKARNAIN 
DESIGNATION : CO – FOUNDER 
BACKGROUND  STUDIES : MASS COMMUNICATION
SPECIALITIES : Engage with a professional make up artist all over Malaysia and a make up product founder to sign up with Contour. 

3. NAME : MOHD NIZAMUDDIN NU’AIM
DESIGNATION : PHOTOGRAPHER/VIDEOGRAPHER
BACKGROUND  STUDIES : BIOTECHNOLOGY
SPECIALITIES: Focusing on the editing photos of previous make up sample by make up artist and to do photoshoot of every make up products and editing before upload to the website.

4. Name : FARIQ AZIZ
DESIGNATION : Third party team as motion designer. 
BACKGROUND STUDIES : Motion Graphic & Illustration 
SPECIALITIES : Doing a motion graphic story about contour to upload in social networking. 

5, Name : JEROME LIM 
DESIGNATION : THIRD PARTY TEAM AS THE WEBSITE AND MOBILE DEVELOPER. 
COMPANY : Bike Bear Sdn Bhd 
Company BackgroundFor Contour Malaysia, it is 100% under concept / business plan stage.
Funding MilestoneRM 100,00.00 

Mobile developer : RM 50,000.00
Marketing : RM 20,000.00
Administrative cost : RM 30,000.00

MONTH 1-3 : To finish and finalize the look of contour apps while looking for 150 make up artist to sign up with us.
MONTH 4 : Apps will be launch . Our target is 300 bookings in the first month.
For example, the successful booking is 300 . hence the 10% charge for each booking.

RM 25.00 ( per booking )
RM 25.00 X 300 bookings : RM 7,500.00

MONTH 5 – MONTH 7 : Apps will be launch . Our target is 600 – 1200 bookings.
For example, the successful booking is 300 . hence the 10% charge for each booking.

RM 25.00 X 600 bookings : RM 15,000.00
RM 25.00 X 1200 bookings : RM 30,000.00

And we will do marketing month by month , to increase daily bookings.
% Equity Allocation40
Expected ROI247
Risks and MitigationThe new apps launch will be taken time if there is less preparation and less adequate information from the very beginning to the selection of make up artist to the deposit payment. In contour, our team have fully prepare and we have full information how the apps will be running. Hence, we are not going to take more time and the apps can be done before the dateline as we schedule. 

Initial costs will be planned accordingly and kept to a minimum. The company recognizes the importance of its image, first-time impressions of the apps which is friendly user and customer service. It will not sacrifice this in order to satisfy the bottom line.

Since Contour are unknown to the general target market yet, marketing activities at the first to 4 months are vitally important. We plan on implementing several marketing strategies as outlines in the marketing section of this business plan. To establish make up services and brand awareness, we will go to every state in Malaysia every weekend to open a booth and play some fun games with them, and indirectly to introduce them about contour and also to find a make up artist to sing up with contour. We will bring a few of popular make up artist during the event. 

We want a continuous Interaction with our customer through Instagram , Facebook ,You tube and Twitter Platform. 
Make the post more interesting using GIF design, illustrator, beautiful photo shoot to make people interesting with Contour. To do make up tips that will be conduct by make up artist who join contour and make up tutorial with different looks and technique. 
Will be interact with Malaysia celebrities or social networking influencer to promote Contour.
Exit StrategiesThe Exit opportunity for investor is after 12-18 months when contour successfully make the brand awareness in all over Malaysia especially to the target customer as the lowest bookings every day is 40 bookings per day.
Company NameCONTOUR MALAYSIA
Business AddressTAMAN KINRARA SEKSYEN 2, PUCHONG
Contact PersonNOOR AZIZAH BINTI MUHAMMED YUSOF

We are the future of job-seeking. Don’t get left behind.

Current StatusPre-Revenue
Amount InvestedRM60000
Funding RequiredRM600,001 to RM1,000,000
DescriptionWe believe hiring should start as early as the students’ admission into universities, not when they have graduated.

That is why we collaborate with public and private institutions – affording them the opportunity to fine-tune their education in parallel with the current needs of the industries.

This would create well-equipped graduates, with the right skills to match the requirement of the recruiters. 

At the same time, the matching done on our platform will allow us to monopolize the supply of fresh graduates to the industry. We match job seekers to recruiters based on skill relevancy, driven by Big Data from participating institutions.
Business OpportunityThe online job portal market we are planning to penetrate is worth RM240 million in Malaysia alone. While Jobstreet currently owns 70% of the total market share, they have yet to address a key issue that is still making the hiring process unnecessarily tedious and difficult for recruiters – the skill mismatch between applying candidates and the recruiter’s expectations.

To be fair, we can’t blame it all on job portals. Their main function is to simply be the intermediary between recruiters and job seekers. In this fairly simple relationship, there is plenty of oversight, as far as information is concerned.

In a bloated market of resume-peddling, there is no system in place to verify any of the information available – job seekers would ‘pad’ their resumes in order to look more attractive to potential employers. At times, they would even seek out jobs outside of their interests, skill set or job scope out of convenience.
Revenue / Business ModelWe utilize a 3-prong approach for our platform, providing specific solutions to each of the stakeholders involved.

For the job seekers, the platform will serve as both a self-updating resume (via data gathered from the information sharing arrangement with institutions), as well as a gateway for them to link directly to recruiters. Among the services offered on the platform include matching jobseekers to available postings based on their skill relevancy rate percentage.

For the institutions, our information sharing collaboration affords them an alternate source of income, as well as a means to market their alumni via the platform. They will also be able to gain valuable insight from key industry players onboard to better fine tune their syllabuses to meet the current demands of the industry. This would help them better prepare their students and produce higher quality graduates, always ready to enter the ever-changing job market.

For the recruiters, the platform affords them a more streamlined hiring process, significantly reducing time and effort on their part with regards to the screening of candidates. As the matching rate is based on the relevancy of skills required, they are able to find the most qualified candidates with the most suitable skill sets for the job offered. On the platform itself, we will also offer participating recruiters more than 1000 customizable job description templates, as well as profile pages, to allow better representation of the recruiters to potential candidates. The platform also affords the recruiters an opportunity to improve the quality of local talent available, by way of information sharing exercises with us and the participating institutions. As mentioned, recruiters will be able to give more insight to the current needs and demands of the industry to participating institutions, allowing them to finetune their course structures to meet the ever-changing demands of the industry. In return, the platform charges a resume retrieval fee to the recruiters.

As a result, job seekers are able to land jobs that are suitable for their aptitude and skill; institutions are able to gauge and improve the effectiveness of their courses, which would, in turn lead to grooming better graduates; while the recruiters will be able to significantly minimize the cost and efforts in their hiring process, with a pool of quality talents at the ready.
Management TeamChief Executive Officer: Siti Hajar Ramli

A former Head of Operations at Nubex Sdn Bhd who oversaw and managed the entire Nubex ecosystem. Graduated with a Masters in Quality Management, she fast-tracked her way from the Nubex’s Quality department to her last position in just 2 years.

Chief Product Officer: Farah Damia

A former Head of Human Resources at Nubex Sdn Bhd. An MBA graduate, that specializes in Human Resources Management, she conceptualized and initiated the Nubex Training System – standardized, department-specific training modules designed to efficiently train all incoming Nubex staff.
Company BackgroundPikoje, derived from the phrases “pick je” and “pergi kerja” was developed to address the issue of skill mismatch between job seekers and recruiters. By collaborating with key industry players and education institutions through our platform, we are able to utilize the collected Big Data to provide a higher relevancy rate, and thus better match the right candidates to recruiters in need of their services.
Funding MilestoneFor the initial round of funding, we require a total of RM 650,000 in investment, with a 10% equity dilution. Out of the amount raised, 80% will be channeled to our operating expenses, while 20% will be used for marketing. During this round, we expect to bring in 30,000 jobseekers and at least 500 recruiters to the platform. Reaching those goals will place our company’s valuation at RM 6.5 million. 

With each milestone, we are expecting to increase the number of jobseekers and recruiters on board the platform, which in turn will increase our valuation. 

For the second round of fund raising, we plan to raise RM 3 million with a 10% equity dilution, which will take place around September of 2019. By then, we are aiming to have 100,000 jobseekers and 1,500 recruiters on board, with the company’s valuation increased to RM 30 million. 

For the third round, scheduled for January 2021, we plan to raise RM 12 million with 10% equity dilution, and us having 500,000 jobseekers and 6,000 recruiters on board. 

For the fourth round, scheduled for June 2022, we are expecting the amount of jobseekers to rise to 1,300,000 and have 12,000 recruiters on our platform, with the company tentatively valued at RM 250 million at a 10% share dilution. 

By December 2023, we would reach our IPO, with the company valued at RM 500 million at a 10% share dilution, with jobseekers and recruiters on the platform amounting to 2.5mil and 25,000 respectively.
% Equity Allocation10
Company NamePikoje Sdn Bhd
Website/Facebookhttp://www.pikoje.com
Business AddressC-516 Metropolitan Commerce Square, Damansara Perdana, 47820 Petaling Jaya, Selangor, Malaysia.
Contact PersonSiti Hajar Ramli

LOKEIN Online Marketplace

Current StatusPre-Revenue
Amount InvestedRM300,00.00
Funding RequiredRM2,000,001 to RM3,000,000
DescriptionThe product of service of Seventeen Network Services Sdn. Bhd. is named as LOKEIN which is an online Community Marketplace Platform (Share Economy Model) for used-item industry or also known as bundle community. Why? Firstly, because Malaysia’s online used-item industry is BOOMING but SUFFERING with a lot of problems and issues in their daily trading activity happening basically on social media platform which made them in desperate need of a secured place for trading. Secondly, is due to the fact that Malaysia has the most online shopper in the South East Asia region.
Business OpportunityProblem:

Bundle Community is having a very tough time in running their daily trading activity as there is total lack of systematic and secure online marketplace platform that perfectly meets their needs. Current most utilized platform is a social network medium such as Facebook and Instagram which are very unsystematic, hard to manage inventory, high risk of fraud and zero protection of buyers and sellers. On top of that, they are highly saturated and unorganized as they are not mainly designed for business purpose. The current ways of selling carried out by this community are very hard to manage without automated system being applied to the selling process. Current alternatives available have other problems: lots of scammers and joy buyer and very unsystematic business activity.

Solution:

LOKEIN’s aim is to provide a high-tech, interactive and secure online marketplace platform for bundle Community which integrated with few options of convenience payment methods as well as to provide a fraud protection scheme for both parties. LOKEIN will provide an easily manageable automation system of few selling methods. The platform comes with a very special ambiance mainly designed for bundle community.

Market Size:

Our target market segment consists of bundle community (initial target market) and other categories community (started to target on month 7 onward). Based on benchmark and assumptions made according to Internet Users Survey (IUS) 2017 by MCMC, the expected prospect for these two groups is equal to 4.2 million with RM1,488,000,000.00 traded value (Market Value).
Revenue / Business ModelLOKEIN main revenue stream will be based on 7% commission from the Gross Merchandise Volume (GMV) of an item that being sold in the marketplace. In addition to that, there will be several other revenue streams that will be implemented by LOKEIN in the future such as below:

1. Premium Store subscriber monthly fee.
2. User listing that will be featured first on search standing, user profile wall and home page.
Management Team1. Wan Mohd Hafiz bin Wan Idris – The CEO who is the master mind of the business as well as the operation director who is responsible for the planning, executing, coordinating and controlling the production of service. A Bachelor’s Degree holder in Mechanical Engineering graduating from Universiti Teknologi Petronas, Wan Mohd Hafiz has 10 years of experience in e-commerce business, 500k revenue/year on current operated business. With his expertise and high degree of skills incorporate with entrepreneurial mind-set, he is often drawn to opportunities, innovation and new value creation.

2. Nor Ashiqin Aiman binti Roslan – Chief Administration Officer (CAO) and customer care service manager. Her responsibility is to support operations by supervising and supporting staffs as well as planning, organizing, coordinating and controlling the function of the business organization. Also to oversee and supervise the provision of customers care with information to address inquiries regarding services as well as to resolve any customer complaints. A Bachelor’s Degree holder in Pharmacy from University Technology MARA, Shah Alam with 4 years’ experience as a management representative of quality management system (QMS) along with managing, problem-solving, decision making and communication skills.

3. Nur Hafizi bin Abdul Majid – Chief Marketing Officer (CMO) as well as the Creative Team Officer who is responsible in developing, implementing and planning strategic marketing plans. Additionally, he is responsible to create creative marketing contents and to manage marketing activities. He studied in Mass-communications course in Universiti Teknologi MARA. Hafizi owns 6 years’ experience in ecommerce business, comprehensive knowledge in used-clothing industry.

4. Mohd Zaidi bin Mohd Zuki – Head in Trust and Safety department and Customer Service Specialist who leads a team responsible for protecting LOKEIN’s users from fraud and ensuring trust in LOKEIN’s services. He is accountable for overall T&S strategy development, process development and technology implementation. He possesses 7 years of experience in which responsibility mainly on web store development, store maintenance as well as keeping the database of inventory. Monitored and dealt with many types of marketplace abuse, Mohd Zaidi highly understands the behaviour of users on e-commerce base business.

5. Mohammad Norhizami bin Mohd Rashid – Chief Technology Officer (CTO) who is a forefront of LOKEIN’s technology and the Head of Development team of LOKEIN online marketplace. He is responsible to ensure that the technology team able to contribute to the planning of all system’s technical aspects, development, implementation, control, testing and maintenance of resources and the system. Hizami holds a Bachelor’s Degree in Computer Software Engineering from University Technology Malaysia, Johor. He is a result-oriented iOS developer with 3 years of experience writing highly readable, clean, maintainable source code. Developed more than 10 applications for iPhone and iPad.

Advisers.

Outside of our management team, the opinion we trust the most in terms of financial wise belongs to Mr Roslan Khairuddin, whose experience brings up to 25 years in banking industry dealing with commercial and corporate loan. Holding Banking Studies Diploma from MIT, he owns 15 years of experience in financial advisory dealing with Unit Trust and Takaful.

Another adviser we strongly believe in his opinion in terms business development is Mr Rusli Mohamad Nor, whose experience brings up to 25 years with leading Malaysian conglomerate as head of soils and materials testing, Project Director for Highway upgrading project, Head of Expressway Facilities Management, International Project Team leader and Head of Regulatory Management.

On the technology side, the advisory that LOKEIN gets the valuable advice and information from is Mohd Faizul bin Mohd Ghazi who is an experienced lecturer with a demonstrated history of working in the higher education industry. He is skkilled in management, android development, Arduino, programming, and Respberry Pi. He is a strong education professional, who is currently studying Master’s Degree focused on Computer Science in Universiti Kebangsaan Malaysia.
Company BackgroundSeventeen Network Services Sdn. Bhd. (1295843-X) is a private limited business entity which has four co-owners, three of which is an original members and one additional member. The four owners act as a Director as well and are as follows:

1. Wan Mohd Hafiz Bin Wan Idris – Founder.
2. Nor Ashiqin Aiman binti Roslan – Co-founder.
3. Nur Hafizi Bin Abdul Majid- Co-founder.
4. Mohd Zaidi bin Mohd Zuki – Co-founder.

Company history:

The original company was a sole-proprietor business registered under the name of Seven Symphony Enterprise (IP0334492M) which was initiated by principal owner, Wan Mohd Hafiz bin Wan Idris. Our company has been running an ecommerce business since 2010 on international marketplace platforms such eBay and Etsy and has become as a small service provider 2 years later to help local used clothing retailers to sell their products in our stores to penetrate international market. Until date, we have numbers of retailers, 2 big companies in the industry and 2 permanent partners which consistently consign their hundreds of premium items to us. Average revenue per month is RM45,000.00 as we are bound to the platforms’ policy and high take rate fees. The owner and the partners are also active users in local bundle groups in Facebook where they found out that there are too many business problems occurring within the community and due to that, a lot of retailers are waiting for us to open more slots for consignment. With these potential and confirmed clients, we plan to develop our own online marketplace platforms to create opportunity for them to explore international market themselves. Collaborating with the partners, SSE is later reformed into a private limited company under the name of Seventeen Network Services Sdn. Bhd. and the investment made to date is RM30,000.00.
Funding MilestoneSeventeen Network Services Sdn. Bhd. seeking for angel investors for the purpose of expanding and to cover operating cost for 8 months to sustain the project in the early phase. However, for the purpose of flexibility, the expanding cost to kick-start the LOKEIN online marketplace will be RM750,000.00 and that will include the operating cost for 2 months prior for the pre-launching period. 

For the post launch MVP phase, we might need funding from angel investors to support the operation for 6 months in the early phase which are RM322,999.50 for month 1, RM297,999.50 for month 2, RM272,999.50 per month for month 3 until month 6. The total funding that we required is RM2,465,000.00 that will cover the expanding cost to start the project, the 2 months pre-launch operating cost and the 6 months post launch MVP phase.
% Equity Allocation40%
Expected ROI500% in 3 years.
Risks and MitigationCompetitors – Our system is designed by our in-house CTO and therefore the Functional Design Specifications (FDS) and source code will be owned by only us. The stigma of the community is difficult to tackle and only us have the knowledge to grab the community and turn it into our opportunity. 

Hackers – We maintain our web server and data base server in a 2 layers cloud server system so that hackers penetration is difficult to impossible. Framework in maintaining the source code in very high-end security state.

Users and platform protection – We have competent and experience in-house Trust & Safety team.
Exit StrategiesWe focus on potential exit in 3 years’ time by acquisition with valuation of FBA-ecommerce average multiply per business model. Alternatively, Locking in Profit will be made for investor by end year one.
Company NameSeventeen Network Services Sdn. Bhd.
Business Address7, Persiaran Putera 4, Bandar Baru Putra, Ipoh, Perak. Malaysia.
Contact PersonWan Mohd Hafiz Bin Wan Idris.

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