Project Cost: RM7,500,000
Amount Invested : RM15,000
Amount Required : RM7,500,000
Knowledge / Experience Required:
finance
Proposed Investor’s Role:
as mentor
Industry:
internet
consumer goods
Project Stage:
start-up
EXECUTIVE SUMMARY:
Company History:
A master’s degree in Integrated water resources management from Open University Malaysia and also a diploma in Instrumentation and Control (Industrial Electronics) from the German Malaysia Institute. Reneir is currently the Senior General Manager in Infrastructure Sales and Marketing of PSI Incontrol Sdn Bhd which does large scale control and automation systems.
Product / Service Description:
Based on the principle coined as “community shopping”, the consumers would register a monthly fixed expenditure of defined products from grocery and household supplies from an online website or mobile applications on the smart devices. There is no other system or method like this to govern the prices of goods by consumer participation
Business Opportunity:
There is an estimate speeding of RM725mil per month
Revenue Model:
By Being the cheapest service provider with the best service
Management Team:
Reneir
Current Status:
At Start up
Funding Milestone:
M1- RM2mil
M4 -RM2.5mil
M6 -RM2mil
M9 -RM1mil
Business Valuation:
To be discussed
Expected Return On Investment:
ROI within 13 months
Investment Risk and Mitigation:
Describes in Business Plan
Exit Strategies:
To Be discussed
*** Detail Business Plan Ready
CONTACT PERSON:
Reneir Tara
Kuala Lumpur
Malaysia
Leave a Reply