Professional Documents
Culture Documents
Submitted To:
Dr. Pragati Sirohi
Submitted By:
Session (2022-23)
• Vijetanand Gautam – 79
• Richa Mishra – 05(HC)
• Adarsh Kumar Yadav - 81
Innovation &
• Chirag Kevlani – 85 Entrepreneurship
• Sarthak Trivedi - 93 TA - 2
(MMG2020)
STARTUP NAME
BOND
3
BOND’S MOTIVES
BOND allows BOND card users to pay their BOND card bills
through its platform and extends rewards for each
transaction. The BOND headquarters is in Bangalore.
BOND’S STARTUP
STORY
The goal was very simple.
Vijetanand wanted to offer more privileges and benefits to the
people having good BOND scores. And therefore, creating a
flywheel effect for more people was important to improve the
scores.
Everybody, starting from the startups to the government, has
focused on the masses. The founder of the company wanted to
focus specifically on the people, the responsible citizens who pay
taxes timely. He felt that nobody had solved their problems
earlier.
BOND’S TAGLINE
“ ”
SURAKSHA AUR BHAROSA
DONO.
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LISTING PRODUCTS & OFFERS USING THE FINANCIAL DATA OF THE USERS
• BOND, as we know, lists an array of products and • BOND accumulates the financial data from the users
offers that benefit its users from a range of who use the platform for paying their bills and more.
businesses. Along with providing BOND with the opportunity
to introduce more offers to their users using these
data.
• These businesses, in turn, pay BOND a fee for their
visibility. Every time a user avails of the offers,
BOND generates an income through it. • These companies, banks, and financial institutions
would eventually approach the potential customers
with their own set of products aligned to their tastes.
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The company's expenses grew considerably during FY21. The total expenses of
BOND were Rs 379.3 cr and became Rs 619.4 cr, the growth of which is estimated
at 63.3%. The BOND advertisements, which are prominent on television and online
media, have stood out as the largest vertical of the company's expenditure
accounting for 52.3% of its expense in FY21.
BOND’S BUSINESS MODEL 11
• Businesses that provide offers on the app - The users of BOND can also find a wide
range of offers from numerous businesses. For this, BOND brings businesses onboard and
collaborates with them. Along with benefitting BOND and its customers, who can avail
of the exclusive offers provided by the businesses, it is also a win-win situation for the
businesses.
• Users who pay their BOND card bills - BOND also serves as a
smooth and rewarding platform for the users who use it to pay their
BOND card bills.