|Description||We 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 Opportunity||Tourism 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 Model||Service charges from the management of the accommodations, interior design fees of the accommodation, transport fees, day trip fees and technology subscription.|
|Management Team||Currently our company have a total of 11 employees age between 20-35.|
|Company Background||Started 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 Milestone||With the RM1million funding, we expect that we can increase the revenue 10-20 times faster in 1-2 years to RM40-50million|
|% Equity Allocation||5|
|Expected ROI||6-12 months|
|Risks and Mitigation||Operation failure and quality management failure|
|Exit Strategies||IPO by 2027, will consider any buyout in the process|
|Company Name||RENTRADISE SDN BHD|
|Business Address||29-2, Jalan Molek 3/20|
|Contact Person||Wong Chee Fatt|