Professional Documents
Culture Documents
On The Road Group 6 EM FR
On The Road Group 6 EM FR
“Being a girl, it was always difficult to go to a local garage or a service center and sit there for hours to get my vehicle
repaired. Moreover, I had no knowledge about the parts and the right prices that should have been charged and the
garage owners would take advantage of that and charge higher rates,” said Deepshikha. Seeing the recent digital
transformations, she felt that the vehicle repair and service industry has a high potential to shift from an unorganized
sector to an organized sector. The vehicle repair and service industry is at the start of its digital transformation, and it
is a good time for the launch of such an application which can connect garage owners and vehicle owners and
convert it into an organized sector making it easier and accessible for both the stakeholders.
India is a growing economy which means purchasing power is increasing with growing GDP. Now average Indian has
somewhat higher propensity to spend. The credit system of India has also strengthened with Indians taking credit for
multiple purpose including vehicle loans. This has impacted the automobile market. Indians with money in their
pockets or ability to get credit have started to invest in buying a vehicle – two wheelers as well as four wheelers. This
has also impacted used car industry as those who want to buy cars but are constrained economically comes to this
market to fulfil their dream of owning a vehicle.
In Bengaluru alone, there is going to be 1.2 crore personal vehicles as per RTO which includes around 75 lakhs two
wheelers and around 25 lakhs four wheelers. The used car market is also growing at a phenomenal rate with a CAGR
of 15% and is expected to reach to the level of 5 million units in 2021 as per the report of Mordor Intelligence. With
such a large number of vehicles on road, it requires a large enough infrastructure to provide repair and maintenance
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services to these vehicles. Currently, OEM run service center, unorganized local garages and new age startup
services like Pitstop etc., are the players in personal vehicle repair and servicing market. As per the research
conducted by Business World, 65% of the car owners switches to unorganized player after their warranty expires.
(exhibit 2). It is also expected that as repair and maintenance expenses rises, the number of off-warranty vehicle
owners may rise to as high as 75%. Why is this going to happen? One important aspect is that the cost of repairs in
organized single-brand OEM workshops is extremely high. Furthermore, most manufacturers' paid service
penetration is only about 52-55 percent, with the rest being free services. This is the same scenario in 2-wheeler
segment also. When it comes to unexpected repairs, vehicle owners turn to category A local garage (Exhibit 3).
People go to local garages for small repairs as well because they charge only a nominal fee for the specific parts
replaced.
Over the next five years, the vehicle servicing business is predicted to rise by more than 65 percent. According to
industry estimates, the car servicing business is about Rs 20,000 crore, and it is predicted to grow to Rs 33,000-34,000
crore by 2020.The servicing market for cars which are older than 3 years (typical warranty coverage duration of OEM)
constitutes a large portion of the overall vehicle servicing market.
On The Road will be catering to the local garages as their customer and vehicle owners who are not in the warranty
coverage provided by the OEM as their primary consumers. The vehicle owners discussed here in case of 4-wheelers
are self-driven small and medium segment hatchback, sedan, or SUV owners and in case of 2-wheelers are those
possessing less than 200 cc 2-wheelers.
Despite of so many vehicle owners going to local garage, they are still not able to generate good earnings and retain
their customers. The prominent reason behind this is the improper capacity utilization and when it comes to
retaining customers, the unorganized sector of vehicle servicing lacks trust. On The Road will be providing customers
to these local garage owners based on their rating and ranking as per quality indicators(exhibit). This will help them
to reduce their idle time. On the other hand, the quality indicators will ensure the quality of service and hence enable
trust and waiting time will be eliminated as convenience of time and location will be provided.
Vehicle repair and service industry has three major players namely OEM run service center, local garages and new age
startups like Pitstop Car Services. Automobile Industry will be competing against these new startups to deliver quality
services to the vehicle owners. Local garage owners both category category A and B will be collaborator as well as
competitor for us (Exhibit)
Business Idea
Consumer
The primary consumer of On The Road are the self-driven vehicle owners who are not in the warranty coverage of the
OEM. This includes small and mid-segment hatchbacks, SUV and Sedan in 4-wheeler segment and owners of 2-
wheelers under 200 CC. In many cases, these vehicle owners are owners of a used vehicle which are not covered by
any OEM. These vehicle owners typically demand the value for money services. Sometimes vehicle owners having
multiple cars goes to a local garage for the service and repair of the usually smaller car (Exhibit). Theses vehicle
owners have options to go to OEM run service center but the sheer high cost involved which is 40-50% more as
compared to local garages. This is the reason that 65-75% of vehicle owners turn to local garages post their warranty
expiration. They do have new age startups like Pitstop Car Services but the trust factor is low in this segment also.
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These startups have essentially become an online garage instead of aggregator thus the high capital cost involved
makes the scalability of these ventures low.
The problem which is in the current status quo for the vehicle owners is the waiting time in finding the right garage,
going, and waiting there and then leaving their vehicle if the service requires long duration. Sometimes they also face
the issue of unavailability of authentic spare parts. They also fear of getting duped by the local garage owners. This
shows that in this unorganized sector, trust factor is low. They do not want to continue their warranty with the OEM
or visit OEM run service center for vehicle repair services as the cost involved in OEM run service center is 40% more
as compared to these local players. They also face the problem of not able to take their vehicle to the garage because
of time crunch. (exhibit). They sometimes are not able to find the right garage with the required capabilities to
perform the range and sensitivity of vehicle repair services. Aesthetics of shop sometimes also plays a crucial role as
sometimes these vehicle owners refuses to take service from the local garages
Service Gap
The vehicle owners in this fast-moving digital age does not have time to wait in front of garages. Moreover, the
penetration of smartphones coupled with low data rate has made digital service application very desirable. Now
people expect ease for any task or services they want to take. The same is in the case of vehicle repair industry. There
is a nascent need of such applications which can reduce the time cost involved. The trust factor is also low as majority
of these garage owners specially of category B are not able to retain their customers sometimes even after providing
service equal to or even better than OEM run service center. The unavailability of spare parts and their authenticity is
sometimes also hindering the quality of services.
There are many service gaps in the unorganized vehicle repair and service market. On The Road will be focusing on
the most important gap of matching right garages to the right vehicle owners. This will increase the trust factor as the
vehicle owner is given a choice to choose among the multitude of local garages available in their locality based on
their ratings and quality indicators ranking. This will reduce unnecessary time cost involved in the finding of the
garage.
The second gap addressed by us is the waiting time of the vehicle owner to be eliminated. Since the vehicle owner can
book a service at the convenience of their time and location, this will take waiting time out of the equation. Moreover,
the issue of time cost will be reduced as the garage partner will be either performing the services at the location of
the vehicle owner or the garage, whichever is feasible to the vehicle owner.
The third gap which we have addressed is the option to provide high trust services. Since there is a high trust issue
among the vehicle owners, we are providing a checklist for the garage owners as well as a rating system for the
vehicle owners and they can choose in accordance with their preference. This will give a sense of option to the vehicle
owners.
consumers. This checklist will comprise of steps which will be followed in a particular service and for each step
the garage partner will have to upload a visual evidence before and after the service done. For this we have to
standardize the product bouquet. For this we got insights from the consumer interview and after looking into the
product offerings of some existing startups like pitstop. We are preparing our product offering according to them
and trying to calculate the cost for a standardized services from the interviews done with garage owners. There
will also be rating system in which both garage owners and vehicle owners will rate each other and, on that basis,
discounts will be offered to vehicle owners and commissions will be charged from them.
Payment is another trust issue. For payments it can be done either offline or online. In online mode, it will be
prepayment and they are also entitled for the discount offers. It can be done directly through app which will
redirect the owners to payment gateway. They can either choose UPI ID or google pay/phonepay/paytm QR
code. In this case the payment will be withheld by us until the services are completed and owner approves of the
condition and quality of services and can be refunded in part or whole to consumer if it is proven that service
quality promised to them are not met. Once owner confirms the end service from their app the money will be
sent to garage partner’s account immediately. In case of offline payment or payment to vehicle partner directly,
vehicle partner will have to submit the commission charges at the end of the month through the app. To ensure
the service promise made to consumers, garage partners will post a 360-degree video before and after the
service on the app which owners can check at their side. In the invoice to ensure that they have not been duped,
every spare parts model name, brand name and cost will be distinctly mentioned. This will also be followed in
case of change of oils.
To ensure availability and authenticity of spare parts, local garages will be ranked as per their performance on
the quality indicator, so their earning potential is tied up with their performance level. This will incentivize them
to deliver good service and maintain the brand promise which we give to our consumers. On The Road will be
providing the range and sensitivity of services to its consumers as all types of local garages providing all kind of
services will be listed there which satisfy our basic criteria of quality indicators.
There are many expectations by the garage owners which are not fulfilled in current paradigm, and this has led to
dissatisfaction. On The Road has picked three of the gaps and is trying to solve these problems. In this, the time cost
gap is the most prominent which can be solved through the application of On The Road. The trust issue follows that
and there exist technologies which can be used to install trust. The 360-degree view and the checklist can be inbuilt in
the application. The payment system can be done by partnering with any of the payment gateways available. The best
way for payment gateway is the fixed cost plan offered by gateways as this will reduce our cost.
The solutions mentioned above provides a huge degree of control for us as we will be in the driving seat with this
approach. Since it is an unorganized sector, sometimes it becomes difficult to maintain the brand status and promises
because of the involvement of unskilled labor. The solutions are incentivized for the garage owners and their earning
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potential depends on their service delivery performance which will keep the rein in our hand and maintain the brand
promise to the consumers.
Priority Solution
As per the desirability and feasibility of solution, we will prioritize the solution which are most desirable and feasible
(Exhibit). This exercise shows that the solution which should be taken as priority for our consumers is the reduction of
time cost. For this the first step should be to develop the application which can match the vehicle owners and garage
owners. This will require the listing of garages on the platform, this will also help to generate traction for the
application as this will be the step towards network effect. In order to successfully match both the parties we need to
develop the ranking system as per our Quality Indicators. For this the checklist and 360-deegree view solution has to
be done. The above following steps will also help to install trust (Exhibit).
When it comes to trust, payment and quality of service becomes very important. The solutions offered in the payment
domain must be transparent and the grievance redressal system should be robust as this is an unorganized sector,
switching cost is low and loss of trust can easily result in customers and consumers switching to competitors.
Value Proposition
The main value proposition of On The Road for vehicle owners is the elimination of waiting time and overall reduction
of the time cost involved. On The Road also installs trust which lacks in an unorganized sector through its quality
indicators and rating system. The accessibility and ease of finding right garage which suits the vehicle owners will be
one of the major value proposed by the On The Road to the vehicle owners.(Exhibit)
Since it is a platform which will bring the vehicle owners and garage owners together, the value proposed to the local
garage owner is the opportunity to increase earning potential by getting new customers and retaining the customers
through On The Road. This will help them to better manage their capacity and reduce the idle time. This increases the
scope of operation for the listed garage owners which would have not been possible in the traditional paradigm.
On The Road is eliminating waiting time for consumers and idle time for its customers, reducing time cost for vehicle
owners, raising trust for owners and earning potential for the garage partners and creating a platform where both
vehicle owners and garage partners can create values for each other. (Exhibit)
Differentiating factor
Local Garage
The main differentiating factor of On The Road when compared to its competitors is the installation of trust. When it
comes to local garage, being an unorganized sector, the trust is low. Vehicle owners are always in the dilemma of
getting duped. The authenticity and availability of spare parts also plays a major role for a vehicle owner to decide
the garage. On The Road through its quality indicators and checklist method is removing this dilemma as vehicle
owners can get real time update on the status of their vehicle through the visual proof uploaded on the application
by the garage partners. The payment system is also transparent which is very difficult to find in the unorganized
sector.
The differentiating factor when it comes to start ups like Pitstop is the fact that these companies have become an
online garage with franchises. This limits them to provide options to the vehicle owners. The huge capital involved
also increases the cost and vehicle owners ends up paying more than local garages. On The Road is a platform which
connects vehicle owners and garage partners. Garage partner will go and collect the vehicle to provide the service
and drop the vehicle at the desired point. The trust level is also low as the services provided are not uniform but in
case of On The Road the rating and ranking system, time-based discount and earning potential of garage partners
depending on their performance accommodate the non-uniformity present in the unorganized sector. This gives the
option to the vehicle owners to make informed decision which in case of our competition in this domain do not
provide.
Revenue Model
In order to decide from where the cash needs to come, the dilemma which needed to overcome was whether to
charge the vehicle owners or the garage partners. The subscription-based model was not feasible as it would have
restricted the upscaling and would have limited the traction of the application. After deliberation, it was decided to
charge the garage owners a portion of their total invoice for every successful transaction they make through the app.
Since garage partner will be paying us, they will be our primary customers and vehicle owners will be our primary
consumers. After taking service, consumers can pay to garage partners either through our app or directly to the
partner. It can be done directly through app which will redirect the owners to payment gateway. They can either choose
UPI ID or google pay/phonepay/paytm QR code. In this case the payment will be withheld by us until the services are
completed and owner approves of the condition and quality of services and can be refunded in part or whole to consumer
if it is proven that service quality promised to them are not met. Once owner confirms the end service from their app the
money will be sent to garage partner’s account immediately. In case of offline payment or payment to vehicle partner
directly, vehicle partner will have to submit the commission charges at the end of the month through the app.
Sales Funnel
In order to develop the sales-funnel we need first to canvas the locality to get all the local garages listed. This data can
also be gathered through third parties like Just Dial etc., After canvasing the locality, we need to scrutinize the data to
find out the garages which satisfy our minimum quality parameters and segregate them into Category A and B local
garages. After getting the data of such garages we will send our salesperson to such garages to convince the owners
about the value we are creating through our application. The salesperson after converting the garage partner can list
them at our platform.
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For vehicle owners, we need to collect data about vehicle owners as per our specified target group. They can be
collected through housing society, offices and third party websites. To collect such data we will be deploying a lead
generation team which will be collecting data from the above source, scrutinizing and segregating it. After due
diligence, a salesforce dedicated towards vehicle owners will visit the offices and society to organize a umbrella
campaign in which they can generate awareness and can showcase how the app will work and what are the value
which we are creating and proposing.
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EXHIBIT:
Brand Logo
3) What are the options available for fulfilment of the wants of your consumers? (In Vrinda’s
Case)
For instance,
a) OEM run service center
b) Local Garages
c) New age startups
4) What are the expectations of the target consumers from each of the options identified in
Question no. 3)? Put them down in the table below for each option.
Table 1
Table 2
Table 3
5) Which option would you target out of the identified options in Question no 3?
Local Garages
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Add on services
Expectation Rank/prioritize the expectations based on your
(Local Garages) understanding of your consumer
Cost 2
Trust 3
Availability and 5
authenticity of
spare parts
Aesthetics of 7
shop
Range and 4
sensitivity of
services
Value 6
7) Rate how the option chosen by you fulfils the expectation in terms of (High, Medium and Low).
command).
braking system
d. Complete overhauling of
clutch plate and chain and
sprocket system.
e. Vehicle wash
that basis
discounts will be
offered to vehicle
owners and
commissions will
be charged from
them.
3. Payment is another
trust issue. For
payments it can be
done either offline
or online. In online
mode, it will be
prepayment and
they are also
entitled for the
discount offers.
It can be done
directly through
app which will
redirect the
owners to payment
gateway. They can
either choose UPI
ID or google
=360° view pay/phonepay/pay
tm QR code. In this
case the payment
will be withheld by
us until the
services are
completed and
owner approves of
=Invoice the condition and
quality of services
and can be
refunded in part or
whole to consumer 4
if it is proven that
service quality
promised to them
are not met. Once
owner confirms the
end service from
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4. To ensure the
service promise
made to
consumers, garage
partners will post a
360 degree video
before and after
the service on the
app which owners
can check at their
side.
5. In the invoice to
ensure that they
have not been
duped, every spare
parts model name,
brand name and
cost will be
distinctly
mentioned. This
will also be
followed in case of
change of oils.
In the event of
unavailability of
spare parts by our
garage partners,
they will be
supplied with the
spare parts within
=Guarante 30 minutes at 1
e of either consumer’s
replaceme location or at
nt within partner shop (base
set period command).
of time
2. To prove the
authenticity of
spare parts, we
will procure a
certificate saying authentic
spare parts used. It
will be shown on our
website.
Additionally they
will also be
provided
guarantee of
replacement for a
period of time
which will vary
according to the
depreciation rate
of spare parts.
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and
replacement.
Vehicle Wash
General Servicing- It
includes following service
which will be sold as one
package
Engine oil change
Complete overhauling of
suspension system
Complete overhauling of
braking system
Complete overhauling of
clutch plate and chain and
sprocket system.
-Vehicle wash
These will be the services
only given to 4 wheelers-
-Reincarnation Pack-
>Ac vent cleaning
>Car interior sanitization
>Dashboard and interior
vacuum cleaning
> Vehicle wash
>Metallica (Body Repair
services)-
>Dent removal and
repainting services.
>Wind shield and window
panes replacement.
Trust in vehicle owners on local garages through standardised services and process.
Earning potential of the local garage owners
Capacity utilisation of garage partner
Task 2
Q. What is in it for each role identified above from your value proposition?
For vehicle owner- Ease and convenience of vehicle repair
Knowledge about local garages
Trust and security
Time based discount
For Younger family members- New tech related solution
For Drivers- Easy pick up and delivery
5.Who pays, how they pay, why should they pay you?
Garage partner pays us because we are providing them with business.
Sales Funnel
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- KRAs
3. Refine to find the data of self driven cars and cab fleets with minimum size of 5.
KRA
1.Convert the data provided by the lead generation analyst into app user.
2. Visit the housing society and do door to door/ Umbrella campaign to generate awareness, create
interest and successfully convert the self driven individual vehicle owners into app user.
3. Visit the offices of cab fleet businesses to persuade them to use our app for servicing and repair of
their fleet.
RESUME
DEEPSHIKHA DAS GUPTA
LinkedIn: www.linkedin.com/in/deepshikha-das-gupta
Contacts: 9620811795, deepshikha.gupta@ifim.edu.in
Leadership : Led the school as the School President and Discipline Minister of the school and organized various events for
the school Planned and delegated responsibilities as content head in Hult Prize, a UN’s sponsored event. Leading
creative team in Kanyathon.
Analytical: Proficient in Microsoft Office, basic understanding of research in business.
Quantitative: Completed a certificate course on Research in Business.
Communication: Good presentation and interpersonal skills. Enthusiastic orator and debater.
Computer Proficiency: Competent in MS Office, SPSS, Tableau
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Multitasker: Ability to balance workload efficiently with a zeal to go for the extra mile.
Professional Experience
Projects:
Design Thinking- Analyzed FabIndia to find out existing problem and give a feasible solution to the
problem. Built a Prototype of the solution.
Industrial Analysis Process: Analyzed digital payment industry and Paytm in particular to understand
the growth of payment industry
Certifications:
Introduction to Blockchain Technologies (INSEAD)
Financial Markets (Shine Projects)
Work Experience:
Internship:
ParentOf Ltd. 3 months
Analyzed and assisted operations team to find problems in operations and make them more efficient.
Education
PGDM (Finance) JAGSOM– (2020-22)- CGPA -8.5
B. COM, St. Joseph’s College (Autonomous) – (June ’19) – CGPI- 7.22/10.0
12th, ISC, J.H. Tarapore School– (Mar ’16) – 82%
Others
Languages Known: English, Hindi, Bengali
Hobbies : Debating, Public Speaking, Travelling, Cooking, Interior Designing, Event management
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SAHITYA RAJ
LinkedIn: https://www.linkedin.com/in/sahitya-raj-58008948/ ,
Contacts: 7667267841, sahitya.raj@ifim.edu.in
Skill Set Summary
Leadership: -President of Student Council at IFIM institutions, leading team as Campus
Director in Hult Prize, led teams successfully in Unicharm as Machine leader, led team in
National competitions like BAJA SAE, Project works, Committees etc. Planned and delegated
responsibilities to guide the team to achieve the set goals.
Analytical: Competent in working on Excel, SPSS, KNIME and
ORANGE. Equity Portfolio Creation.
Quantitative: Performed Time and motion study to find out area of improvement to
increase efficiency.
Communication: Good interpersonal and presentation skills, team cohesion.
Computer Proficiency: Competent in MS Office, Knime, SPSS.
Multitasker: Ability to balance work load efficiently with a zeal to go for the extra mile.
Professional Experience
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Work Experience:
Unicharm India Pvt Ltd. – Production and Process Engineer 17
months
Job Description
Led a team of engineers and operators as Machine leader
Responsible for the production and maintenance of diaper making machine, counting
machine and autopacking machine of size XL
Reviewed and analyzed monthly & weekly production plan against target volume,
capacity, and resources.
Optimized resources (3M) and minimized break down.
Projects:
Project to make a low cost "Dry sand abrasion test rig" to be installed
in department’s workshop
Analyzed the process and found out cost cutting area to bring the cost down by 30%.
Made sector wise portfolio of top companies listed on NSE of each sector to check
the effect of sectors in market.
Made pitch book containing industry and sector overview and valuation for upcoming
IPO of GO AIR.
Made investment report by doing fundamental and technical analysis of companies
like Laurus Labs, Rossari Biotech among some of them.
Internship:
Usha Martin Ltd. 2 months
Worked on a vocational project to find out the area of losses in the wire making
process.
Assisted the team of engineers to find out solution to minimize the loss.
Damodar Valley Corporation 2 months
Worked in the boiler department of 660 MW thermal power plant to understand its
working
Co- Curricular, Extra Curricular and Achievements:
Campus Director in Hult Prize-a global social entrepreneurship event conducted in
partnership with the United Nation.
Conducted first hybrid event of Hult Prize Pan India.
Secured 1st position in BAJA SAE 2016 with team Junkyard Warriors.
Successfully organized “Madhuram” as cultural committee member
Taught underprivileged children of Punjab under “Project Prayas” an initiative by
SLIET Longowal.
Winner of Inter University level of CS 1.6
Education
PGDM – JAGSOM 8.42/10 (till date)
B.E. – Mechanical Engineering specialised in
manufacturing, SLIET Longowal – (JUNE ’18) – 7.14/10.00 CGPA
12th, JVM Shayamali- (March 2013) – 86%
10th, St. Stephens School- (March 2011)- 9.8 CGPA
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Others
Languages Known: English, Hindi
Hobbies: Reading fiction novels, playing football, basketball, chess and video games