One-stop travel solutions, fulfill the dream of travel the entire world
| Current Status | Growth |
| Amount Invested | RM2500 |
| Funding Required | RM1000000 |
| 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 |
| Website/Facebook | https://www.facebook.com/rentradise/ |
| Business Address | 29-2, Jalan Molek 3/20 |
| Contact Person | Wong Chee Fatt |
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