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GetDoc seeking RM500K startup funding

Project Cost: RM500,000

Amount Invested : Just Started

Amount Required : RM500,000

Knowledge / Experience Required:
strategy
sale & marketing
internationalisation

Proposed Investor’s Role: as mentor

Industry:
informatics / multimedia
internet
tourism / hospitality
biotechnology / healthcare

Project Stage: concept

EXECUTIVE SUMMARY:

Company History:

Jerry Hang Yih Chyuan, 31 Years Old. In Medical Industry for the past 5 years, has close connection and relationship with all the doctors, clinics, hospitals, medical representatives, pharmaceutical companies…etc. Top Sales in Northern Region for the pharmaceutical company used to work with 3 years consecutively. Experience in International Trade and Exhibition. Founders and Growth Hacker of a few Tech Startup like www.MediqueGroup.com, www.DoVideoNow.com, www.IamJerryHang.com, www.MalaysiaSMENetwork.com.

Lim Ching Ching, 29 Years Old. Graduated with Master of Science in Radio System and Logistic Technology from University of Hull (UK). Work in Molorola Solution Penang as Senior RnD Engineer since 2008. Four years specialize in receiver design and two years in radio devices software programming by using C and C++. Experienced in develop web application using WordPress, PHP, HTML5/CSS with database MySQL.

Product / Service Description:

We wanted to Redefine The Experience Every Malaysian Access to The Doctor Nowadays with IT integration. In 21st century, the way how patients connect to a doctor in Malaysia is a joke! They don’t have any instant access to the healthcare nearby when they are terribly sick; not to mention the time wasted outside to wait for a doctor…So, we plan to provide a platform for all Malaysian to SEARCH, SELECT and BOOK the Doctor instantly via internet- connected device by searching Nearest Location, Doctor’s Specialty, Doctor’s Name, Clinic Name and etc… We named it GetDoc, Connecting Patient to The Doctor Instantly!

Business Opportunity:

Our Target Buyers are 30,000++ Certified Doctors* as at 2013 throughout whole Malaysia. Our Target Users Crowd are Internet User Malaysian from age 15s to 50s from the whole population of 30Million as at 27th February 2014.**

(Sources:
* http://mmc.gov.my/v1/docs/Annual%20Report%20Draft-%20Final%20X-2013.pdf
** http://www.thestar.com.my/News/Nation/2014/02/26/Malaysia-30-mil-population/)

Revenue Model:

It will be available to public users for FREE and available to Doctors for FREE for first 6 months then we will monetize in 3 Phases.
Phase 1: Doctor only pay when there is booking make by patient. RM1 per Booking.
Phase 2: Doctor subscribe to certain amount of monthly subscription fees. RM1080 for 1 Year Contract (RM3 per day), RM720 for 3 Years Contract (RM2 per day), RM360 for 5 Years Contract (RM1 per day).
Phase 3: Doctor or Pharmaceutical company Advertise through our platform. Campaign Basis, range from RM500 to RM50, 000.

Management Team: Roles in our Team:

Jerry Hang – Main Operation and Doctors and Users Acquisition
Lim Ching Ching – Developer

Current Status:

Idea and Conceptualize Stage.

Funding Milestone: Phase 1: RM150, 000. MVP Stage. Estimated time less than 6 months.
Phase 2: RM500, 000. Expansion Stage. Estimated time 6 – 24 months.
Phase 3: RM2 Million. Regional Expansion Stage. Estimated time 24 – 60 months.

All to be use for:
1. System development including patient booking interface, clinic schedule management, and admin database system.
2. Acquisition of Doctors and Clinic to join the system.
3. Acquisition of patient to use the system.

Business Valuation: 30% Equity.

Expected Return On Investment: 50%

Investment Risk and Mitigation: n/a

Exit Strategies: Funded and Acquisition.

CONTACT PERSON

Hang Yih Chyuan (Jerry) ( jerryhang83@gmail.com)
Company Name: GetDoc Enterprise
Postal Address : 5-6-2 Ocean View,
Lebuh Sungai Pinang 1,
State : Penang
Post Code : 11600
Country : Malaysia
Telephone : +60164189189
Website : www.GetDoc.my
Mobile: +60164189189

 

Donorsaur – Web/Mobile based platform for Charity and Donor

Project Cost: RM350,000 to RM500,000

Amount Invested : RM10,000

Amount Required : RM350,000 to RM500,000

Knowledge / Experience Required:
finance
internationalisation

Proposed Investor’s Role: n/a

Industry:
informatics / multimedia
internet

Project Stage: concept

EXECUTIVE SUMMARY:

Company History:

2 Co Founders with combined experience of 10 years in Programming, Sales and Marketing, and Management. Ultimately the key skills to turn and idea and strategy into execution. This is our first venture together. Both founders have been good friends for over 8 years.

Product / Service Description:

Simplifying the act of generosity. By bringing “impactful” Charity Organization and “eager” donors to a single Web/Mobile based platform.

Business Opportunity:

The problem with Charity Organizations is funding. Lots of it. This means every time and energy spent on fundraising is not spend on the programs and causes that they we’re there to do in the first place. The problem with donors is that they don’t know where their money is going and how well it’s being spent and if it’s bringing any impact. We solve it by making the relationship between the two (Charity and Donor), a transparent and consistent one. Enhancing the overall experience of giving. Despite many problems, USD340 billion was spent on giving to charities and causes last year(2013). This was only in the United States alone.

CONTACT INFORMATION

Raja Aiman Farhan ( rajaaimanf@gmail.com)
Company Name: Donorsaur
Postal Address : I-10-11 PELANGI DAMANSARA
PERSIARAN SURIAN PJU6
State : PETALING JAYA
Post Code : 47800
Country : Malaysia
Telephone : 60168781684
Website : www.donorsaur.com
Mobile: 60168781684

 

ChemAmore beauty project

Project Cost: USD70k-100k

Amount Invested : USD 10k

Amount Required : USD70k-100k

Knowledge / Experience Required: n/a

Proposed Investor’s Role: as mentor

Industry:
manufacturing
consumer goods

Project Stage:
seed
start-up

EXECUTIVE SUMMARY:

Company History: Founder: Chung Yueh Chyn
JPA scholar
Northwestern University, BA Chemistry

Product / Service Description:

ChemAmore is a brand that manufactures, markets and sells beauty products in skin care, makeup, fragrance and hair care categories. ChemAmore’s distinctive innovation lies in producing hybrid products that combine functions from different categories like skin care and makeup to increase convenience and effectiveness of use to consumers.

Our skin care line improves skin from within and without. It nourishes skin and replenishes it with vital food for a healthy complexion. On top of that, our skin care products also have an instantaneous cosmetic effect to improve skin complexion upon application. ChemAmore brings unbelievable results to hybrid personal care. Beauty lies in simplicity.

Business Opportunity:

The latest market research from Lucintel, “Global Beauty Care Products Industry 2012-2017: Trend, Profit, and Forecast Analysis,” projects that the beauty industry, taking into account skincare, sunscreens, hair care, color cosmetics and fragrance, could reach around $265 billion by 2017 and that the industry will grow at a CAGR of 3.4% over the next five years. According to this research, growth will be driven by rising consumer incomes and changing lifestyles, with increasing demand coming from Europe and Asia Pacific region.

Another highlight from this report is premium cosmetics has outperformed mass cosmetics across Western Europe, North America, and Asia Pacific in 2011, growing at 4.7%.

This report also highlights skincare as the largest product category, followed by hair care. Highlights on hair care segment include rising demand for multi-feature products such as moisturizing cream with sun protection and hair dyes with more dramatic effects.

In terms of geographical region, emerging markets, especially in the Asia Pacific region, has generated $21 billion of incremental retail value in 2011. Throughout 2010, skincare was the most significant segment, with 23% of the market share driven by Asian markets. Two-thirds of skin care sales are facial care sales, and the rest goes to hand and body care and sun care. A particularly important trend in Asian skin care markets is the role of skin-whitening products. In India, for example, over 80% of face creams have whitening functionality.

Revenue Model:

Establish relationship with key distributors and retailers in local regions
Expand operation in the luxury retail space to other geographical regions like Singapore, Taiwan, Europe and USA where prestige beauty has been growing fast and is expected to be the drivers of sales growth in the future

More effective management of brand and portfolios of products that innovatively cater to the diverse demands and buying patterns of consumers, including shifts to higher-margin product categories
Open a brick-and-mortar store to utilize an important sales channel that cater to the way most people shop in malls

More investment in brand building through advertisements, particularly TV ads that have a wider and more effective consumer reach, especially in regions that are still not heavily connected to the internet

Outsourcing production to contract manufacturers to improve efficiency and production rate of inventories to align with sales expansion
Secure venture capital investment to support current and future ambitious sales and production plans

Management Team:

Main founder is Chung Yueh Chyn, a Northwestern University graduate with a BA in Chemistry. A former JPA scholar, Miss Chung has a background in Chemistry and is capable of formulating new products and researching new ingredients and techniques to incorporate into production. She is also methodical and organized and can handle operations including hiring, training, scheduling, inventory management, procurement, design, and packaging. She can also perform webpage design and can utilize her managerial capability to align production activity with e-commerce activity.

Current Status:

Prototype made. Procuring seed investment.

Funding Milestone:

Currently only seeking seed investment to develop products and advertise brand. Subsequent expansion will rely on venture capital.

Business Valuation:

Valuation will be determined with serious discussion with investor.

Expected Return On Investment:

Investor’s Return on Investment = (Capital Invested/Revenue) x Net profit
Example: If an angel invests $100 000 in Year 1, then in Year 2, his return will be (100000/350375) x 159875 = $45630 (45.6% ROI). If the sum is reinvested into Year 3, his return will be (100000/ 825937.5) x 247799.5 = $30 002(30% ROI). (100000/1500000) x 699773 = $46 652(46.7% ROI). Cumulative ROI in 3-year period is 122.3%.

Investment Risk and Mitigation:

The common challenge for beauty care manufacturers is to provide quality products at a low cost and with sustainable environmental impact. . To reduce risks associated with start-up operations, a few strategic efforts will be made. Among them are low initial investments in capital, high initial investments in marketing and branding, constant product innovation, quick response to market demand, clear brand association with specific values and standards, personalized customer experience and relationship and brand entry into different geographical regions.

Exit Strategies:

IPO, or competitor buyout

CONTACT INFORMATION

Jeannie Chung ( yuehchung2012@u.northwestern.edu)
Company Name: ChemAmore
Postal Address : Mont Kiara
State : Kuala Lumpur
Post Code :
Country : Malaysia
Telephone : 016-6927389
Website : N/A
Mobile: 016-6927389

 

Enigin’s energy saving device

Project Cost: RM3 Million

Amount Invested : RM100,000

Amount Required : RM3 Million

Knowledge / Experience Required:
finance
sale & marketing

Proposed Investor’s Role:
as consultant

Industry:
tourism / hospitality
manufacturing
restaurants / f&b
consumer goods
industry products

Project Stage:
concept
early expansion
start-up

EXECUTIVE SUMMARY:

Company History:

Retired senior govt servant. Successful Private Enterprise Business owner since 2007. Core business is training of Malaysian Maritime Enforcement Agencies. 7Eleven Franchisee for the last 4 years. Daily Fresh franchisee since Oct 2013. Latest venture, appointed as distributor of Enigin’s energy saving device/solution. Please check out www.enigin.com

Product / Service Description:

Enigin’s energy saving devices have been used successfully in 60 countries in the world. Saving as high as 43% is achievable. With the approval of 7Eleven Hq, I am presently carrying out trial at my 7Eleven store in Seri Manjung, Perak. Early indication, a saving of RM400 per month on electricity bill is achievable. With 1500 stores nation wide, even with a saving of RM400 per store, 7eleven could save RM7.2 million per year on electricity cost

Business Opportunity:

All businessess are suffering due to the new power tariff effective 1 Jan 2014. Energy saving business is the next wave in business as all businesses are trying to cut down on their energy cost. Is a problem solver that cannot be refused by all businesses. Energin products has been proven to be effective.

CONTACT INFORMATION

Eui Lin Choon ( ting1283@yahoo.co.uk)
Company Name: Resource Dynamics
Postal Address : 23, Persiaran Venice Intan 5/2, Desa Manjung Raya, Lumut
State : Perak
Post Code : 32200
Country : Malaysia
Mobile: 0125120497

Horizontal Directional Drilling Services For Tenaga Nasional Berhad

Project Cost: RM5,000,000.00 per year

Amount Invested : RM300,000.00

Amount Required : RM1,000,000.00

Knowledge / Experience Required: finance

Proposed Investor’s Role:

Industry: energy / natural resources

Project Stage: start-up

EXECUTIVE SUMMARY:

Company History:

Ramli Bin Mohamed has retired from his employment having 20 years of experience in Horizontal Directional Drilling Services. He has formed up his own company “Ramli HDD Enterprise Sdn Bhd” ventured in providing (HDD Services for Tenaga Nasional Berhad. The company is just being appointed as vendor last week. He is looking for capital start up of RM 1 million for the purchase of 2 units of HDD machines and supporting equipment. Currently the company has participated a few tenders and the result should be out in 2 to 4 weeks times.

Product / Service Description:

The company is offering a service to Tenaga Nasional Berhad in providing HDD services for the installation of an underground cables. Apart from participating tenders the company is also building her strength to be appointed as penal/vendor specialised in HDD by direct award jobs all around the peninsula malaysia. The price is fixed.

Business Opportunity:

The company is very new and lack of working capital. The bank is not in favour of financing the company because no track records yet. Based on the experience of Ramli Bin Mohamed, the company is very certain of winning the contracts participated and possibility of being appointed as penal contractors by getting direct award jobs from Tenaga Nasional Berhad. With strong funding the company is capable of undertaking contracts and direct jobs all around the peninsula Malaysia. Tenaga Nasional Berhad spent more than 500 millions a year for the new projects installation of an underground cables and other related maintenance. With the experience and expertise of Ramli Bin Mohamed, the company is expected to grab at least 10% of the market share. Not only TNB, the opportunity of HDD services also being extended by the telecommunication and gas companies. The total infrastructure industry is offering +/- over One (1) Billion market share in Malaysia.

Revenue Model:

The revenue is from the contracts proceed. HDD service is a very straight forward contact. The payment is based on the unit measurement in meter(s). The time frame to complete the project is 5 weeks for each contract and upon certification of CPC (Certificate of Practical Completion) the company will be paid within 60 days. The gross profit margin is +/- 50% for the direct award projects and +/- 30% for the tendered projects. The company is expected to make profit on the first year itself and will continuing to make at least 2 to 3 millions gross profit every year.

Management Team:

The company is managed by a managing director who is Ramli Bin Mohamed. He is also the Project Director assisted by The project manager, operation manager and commercial manager. The management team is a dynamic team that works in timely manner.

Current Status:

We are at the starting stage, we have invested RM200,000.00 to get one (1) team in operation. We are expecting the first revenue in 1 month time and expected to generate revenue of RM 200,000.00 monthly june onwards. From RM 200,000.00 revenue the projected profit is +/- 80,000.00 monthly. The projected company overheads is RM 35,000.00 monthly.

Funding Milestone:

The fund required is for the purpose of the followings:-

1. Capital Expenditure

a. To purchase HDD machine @RM350,000.00 x 2 = RM 700,000.00
b. To purchase supporting equipment = RM 300,000.00
c. Working Capital for projects funding = RM 500,000.00

TOTAL = RM 1,500,000.00

The ROI is expected to recover within 24 months. By the 3 rd year in operation the company should be self dependant.

Business Valuation: We are willing to allocate 30% equity to the investors.

Expected Return On Investment: The expected ROI is 24 months.

Investment Risk and Mitigation: n/a

Exit Strategies: The exit opportunity for the investor is they can sell back their share/euity the existing directors/shareholder with dividen.

CONTACT INFORMATION

Ramli Mohamed ( ramlihdd@yahoo.com.my)
Company Name: RAMLI HDD ENTERPRISE SDN BHD
Postal Address : NO. 38, Jalan Ng Pi Ton, Taman Sayang, 86000 Kluang, Johor
State : Johor
Post Code : 86000
Country : Malaysia
Telephone : +607-7763355
Website : ramlihddblogspot.com
Mobile: +6012-7373330

 

An alternative electrohydraulic power plant

Project Cost: 300,000RM

Amount Invested : 25,000RM

Amount Required : 275,000RM

Knowledge / Experience Required: production

Proposed Investor’s Role: full time

Industry:
engineering
manufacturing

Project Stage: concept

EXECUTIVE SUMMARY:

Company History:

Well, I work as a content manager in a digital marketing company ‘TwitterJaya’. My job comprises of sharing content, advertising, running campaigns as well as contests through social media platforms. Along with that, I’m looking forward to establish my technological invention in South East Asia and become a global entrepreneur. Thus, I’m searching for busy and driven investors as well as business owners who have passion and strong will to invest in innovative technology.

Product / Service Description:

I am specialized in alternatives for electric power plants and recently me and my dad have developed an innovative electro-hydraulic power plant which is more productive, efficient and profitable than the regular power plants that exist today. I’m in a unique position to propose this business idea because it is a complete new concept for power plants which is environmentally safe, multifunctional, simple, can be dislocated to other territory and at the same time it doesn’t require any valuable resources such as: petrol, coal and gas. I believe that this particular innovation will change the whole process of producing electricity and lead to the convergence into these useful and convenient electrohydraulic power plants.

Revenue Model:

I expect to generate revenue from the production of electricity which is much more efficient and cheaper to operate

CONTACT INFORMATION

Vladimir ( vladimir.mun@gmail.com)
Company Name: na
Postal Address : Jalan 1/149e 57000, Sri Petaling, Kuala Lumpur
State : KL
Post Code : 57000
Country : Malaysia
Telephone : +60123574183
Website : na
Mobile: +60123574183

 

Car Wash Business at Damai Jaya, Selangor

Project Cost: RM35,000.00

Amount Invested : RM3,000.00

Amount Required : RM32,000.00

Knowledge / Experience Required: finance

Proposed Investor’s Role: as mentor

Industry: others (Services)

Project Stage: start-up
EXECUTIVE SUMMARY:

Company History:

Kencana Budi Resources was founded in 2012 on a partnership basis on the concept of being general agents for the initial stages of its progression and to later venture into being Contractors on the specification on 3 area of services to which it’s founders have relative experience in Pest Control, Road Works and Landscaping.

The founder of Alpha Resources is:
Piraven Kumar, a law graduate who has been in the service industry during his course of study.

Product / Service Description:

The Idea of starting up a car wash was based on the Idea of a guarded township whose idea is to provide all services necessary that would be of conveniences to its residence, and that particular township is lacking of a car wash to which a proposal has been submitted and awaiting the letter of approval. The township would be a prospective area to start a car wash due to its capacity that holds over 800 houses to which a survey was done that resulted in an average of 3 cars per house. Further the nearest competitive car wash service is in the distance of 10km.

Business Opportunity:

By starting a car wash in the Township it will be of conveniences to its residence since thy will not have to travel a good 10 km just to wash their car and to only drive the car to its club house to which the car wash services is going to be provided.

Revenue Model:
There are about 800 houses and an average of 3 cars per house, further there is no car wash services provided within the township.

Management Team:
The Car Wash team will contain 2 general workers and 2 Supervisors overlooking the Team.

Current Status:
We are at the stage of start up and we are in need of the start up capital. Investment made as of to date will stand at RM3,000.00

Funding Milestone:
We anticipate to break even in the next 6 months.

Business Valuation:
We will be allocating a margin of 5 % interest for the next 6 months to which on the 6th month will be the full and final settlement of the acquired amount.

Expected Return On Investment:
5% per month for the next 6 months

Investment Risk and Mitigation:
None as there will not be competition within the township as it is up to the discretion of the Township Management.

Exit Strategies:
After the end of the 6th month.
CONTACT INFORMATION

Piraven Kumar ( piro.balakrishnan@gmail.com)

Company Name: Alpha Resources
Postal Address : No. 8, Jalan Damai Jaya,
Taman Damai Jaya.
State : Selangor
Post Code : 68100
Country : Malaysia
Telephone : 03-61385199
Website : –
Mobile: 016-6820002

Manpower Supply to Oilfield Industry, Sabah

Project Cost: RM500,000

Amount Invested : RM30,000

Amount Required : RM470,000

Knowledge / Experience Required: general management

Proposed Investor’s Role: others (Advisor)

Industry: engineering

Project Stage: start-up

EXECUTIVE SUMMARY:

Company History:

The company, United Consultant Limited, was founded by three young entrepreneurs who have experiences in Human Resource Management, Palm Oil Plantation, Engineering & Information Technology.

Product / Service Description:

United Consultant Limited is currently doing business in Foreign Worker Legalization from Palm Oil Plantation workers to Expatriate. With our skills in Human Resource Management, there is a big opportunities and advantage of the company in Oil & Gas industry. The first approach will be supplying & managing manpower to the oil & gas industry and with the skills that our key personnel have in oil & gas industry, we believe that getting the project should be much easier.

Business Opportunity:

If petroleum is still available on this planet, the oil & gas industry would grow.

Revenue Model:

The project includes two areas, the first one is Shutdown for the plant and the second one is maintenance. United Consultant Limited will be supplying and managing the manpower required for both project (this includes paying the salary of the manpower). After 15 days, the company will invoice the Main Contractor for the expenses, especially on the salary of each manpower. The company will get its profit from the main contractor doing the maintenance and shutdown of the plant.

Management Team:

The management team is lead by myself as the Managing Director, one Executive Director who supervised the development & progress of the project, one Operation/Technical Director who responsible to supervised the workers once the project starts, one Marketing Director who looks for other opportunities, also in oil & gas industry for other services such as scaffolding services and other engineering services, one General Manager who handle more on the legal and heading the administration and also human resource department. This management team is supported by a group of staff which covers the area of administration, account, human resource and engineering/technical.

Current Status:

The company is waiting for further details from the main contractor on how much workers they need for each position. The project will start in April.

Funding Milestone:

1st Month: Requires 480k for operational cost and salary of the workers.
2nd Month and the following month: The money will start to roll back and profit is expected in the 2nd month.

Business Valuation: n/a

Expected Return On Investment:

2 times the funding amount and will be paid 2 times every 6 months.
So, example 200k, return will be 400k.

Investment Risk and Mitigation: n/a

Exit Strategies:

If the project failed, the investor will be paid the same amount of money that have been invested.

CONTACT INFORMATION

Danny Jimi ( info@utdconsultant.com)
Company Name: United Consultant Limited
Postal Address : Lot 37, 1st Floor, University Plaza Jalan Sulaman
State : Sabah
Post Code : 88450
Country : Malaysia
Telephone : 088491154
Website : www.utdconsultant.com
Mobile: 0168298297

 

STORMS (Store Management System) seeking RM200K

Project Cost: RM350,000

Amount Invested : RM150,000

Amount Required : RM200,000

Knowledge / Experience Required:
strategy
finance
sale & marketing

Proposed Investor’s Role:
full time
part-time
as consultant

Industry: informatics / multimedia

Project Stage: others (promotion and marketing)

EXECUTIVE SUMMARY:

Company History:

Both of us came from an IT industries since 1993. My core experience area are in the IT hardware, from proprietary to an open system and IT communication equipment. I have been an entrepeuner in the IT industries for more than 10years. My partner was a hardcore programmer, system analyst and project manager. He were involved with application development for a few big government accounting system projects.

Product / Service Description:

Our product is an application software called STORMS (Store Management System). It is a better version of an average inventory software. It really helps small to medium businesses and organization to manage their office procument and it offer full control of stock that being utilized by staff as well as forecast procument budget.

Business Opportunity:

STORMS solve problem for business or organization whom Without any software to manage their store, common store problems such as fail to find items, overstock items, unwanted items, expired item, urgently needed items not available can definetely be solved. However even with an average inventory system, which does not have features to provide up to date stock in store, it cannot control items taken out from the store, who requested it? what item is most requested and by whom?, which department or section utilize the most a particular item and how much they consume per month or per year? STORMS which is rich in features takes care all the problem a store can have.
With STORMS 26 detail reports pertaining the store transaction is included.

Revenue Model: via STORMS sales

Management Team: Yet to be set up

Current Status: Initial phase of promotion and marketing

Funding Milestone: Will be dislosed during briefing

Business Valuation: 20% – 30% option. Will be dislosed during briefing

Expected Return On Investment: n/a

Investment Risk and Mitigation: n/a

Exit Strategies: 3 years or 2 + 2 years. Will be dislosed during briefing

CONTACT INFORMATION

Kamarulzaman ( kamarul@zamantech.com.my)
Company Name: Zaman Tech

 

Carsome automotive pricing & information network

Project Cost: RM500K – RM1.2 mil

Amount Invested : 0

Amount Required : RM500K – RM1.2 mil

Knowledge / Experience Required:
general management
strategy
sale & marketing

Proposed Investor’s Role: as consultant

Industry:
informatics / multimedia
internet

Project Stage: seed

EXECUTIVE SUMMARY:

Company History:

Founded by a group of digital media veterans, the experience from digital advertising & planning are top notch. Given with vast experience dealing with brand clients within the industry, business relationship with clients are well established.

Product / Service Description:

Creating an automotive pricing & information network for car buyers and dealers. The business is designed to provide transparent car buying experience for dealers and consumers. It will be the biggest ASEAN network that helps partners sell cars to consumers. Key clients such as top brands in Malaysia are ready to pump revenue in it.

Business Opportunity:

Core problem of the business is to launch it fast as the market is in need of such network to utilize in getting information. The obstacle face over here is to launch it asap and ensure highest visibility possible as competitors might adopt the strategy and turn it against us

Revenue Model:

Revenue stream are generating through selling media inventories on the site. Also generating incomes from dealers for lead generation.

Management Team:

Experienced leaders from the industry within. We are fully equipped with digital knowledge and managing teams from sales, programmers, designers , copy writers to fully launch this successfully

Current Status:

Seed Round, the prototype is being build and we are confident to make profit within 12 months period.

Funding Milestone:

M1 : Prototype development – 50k
M2 : Seeding startup – 100k
M3 : Operating Cost – 350k
M3 : Marketing Cost – 600k

CONTACT INFORMATION

eric cheng ( eric@2ronins.com)
Company Name: carsome sdn bhd
Postal Address : kelana jaya
State : selangor
Post Code : 47301
Country : malaysia
Telephone : 0129230673