project “Teleport” "Collaborative trip planning made easy."
Target Customers Problem Being Solved /
Opportunity The total available market for on-line travellers in India is around 137 million Cluttered information for the travellers. people. Our target market is around Un-organized travel plans for the 30 million people. customers.
Solution / Product / Service Innovation / IP / Novelty /
Uniqueness Finding one stop solution for all your travel requirements. We are creating 5 step collaborative vacation planning an app which helps you plan, organize platform. Automatic itinerary creation and collaborate all your travel needs at based on customer preferences. one place.
Total Addressable Market + SAM Market Trends
The total addressable market in India Increase in use of the mobile apps for for travel is around $11.8 billion travel purposes. (6.48% of Indian GDP) Competition & Alternatives Marketing / Sales Plan Offline - Travel agencies Online- -Facebook/Instagram integrated Makemytrip, tripadvisor, lonely planet. campaign -Tweeples -Video content of our existing users -Raising awareness and usage via Influencers -Partnering with travel and adventure groups
Business / Revenue Model Traction / Proof Points / Metrics
-The app is free to the end user. -We Yet to launch the product. would earn referral commission from the travel portal APIs and car rental services. -Later on we will charge a convenience fee from the end users.
Funding Needs DNA
Initially we are looking for some one Prasun - Employee at latent View who could bootstrap us in the idea Shubham Sanghal - Pursuing MBA validation and product creation phase. (Finance) Nishanth Ashok -Pursuing We have the business plan in place MBA (Operations) Shravan- Media just finding investors who could Planner at OMD Chennai Krishna support our venture. Kumar - Media planner - Digital at OMD Chennai