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Homvery Deck

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abhay
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0% found this document useful (0 votes)
35 views15 pages

Homvery Deck

Uploaded by

abhay
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
You are on page 1/ 15

The Problem

Service providers are


unable to repair the
new age appliances
nowadays

After working the


whole day I saved only
Rs 200 today

2
The Solution

3
What We Do
Handyman
Services

Cleaning
Services

Construction
/Renovation

4
Road Map
Launched No of City 6 Covering 25
at 1 City. cities in India

2017 2018 2020 2024 2025 2027

No of City 2 No of City 10 Covering 100


cities in India
1- Burla 2- Sambalpur 3-Jharsuguda 4-Bhubaneswar 5- Cuttack 6-
Rourkela 7- Bargarh 8- Raipur 9- Bhilai 10- Durg
5
Management Team
Rajat Kar
Prahllad Mittal MD & Co-Founder
CEO & Co-Founder
He has the experience
Completed B.Tech in 2018. of distributions and supply
During 2nd year in college chain of various FMCG
started another startup named companies. His expertise
Gift Graphite, a handmade lies in operation related
personalized sketches selling activities.
platform. During the final year Currently, Rajat looks
ventured into Homvery. after complete operations
He was a part of Jagriti Yatra, at Homvery.
a 15 days long, 8000+ kms train
journey throughout the expanse
of India.

6
Industry Relation
Incubation We are
Exclusive Service Partner

Ecosystem Partner
Traction

20k+ Download

Customer 15k+

500+ Experts

YOY Profit 33%

Customer
70%
Retention

YOY GMV 66% App was trending in #4


in Google play store.
8
Market Penetration
350

Lakh
300

250

200

150

100

50

-50
FY 17-18 FY 18-19 FY 19-20 FY 20-21 FY 21-22 FY 22-23 FY 23-24 FY 24-25
GTV 63,013 7,37,802 10,76,856 34,20,955 1,03,89,0 1,25,31,6 2,09,77,0 3,05,10,0
EBITDA -1,80,914 -364009 78,814 2,74,890 11,25,345 15,07,658 20,00,000 30,00,000

Plan for Next Year – Click Here to see the Google Sheet
9
Service Performance

Revenue and Profit over GTV % Handyman


60% Services
41%
40%
21%
• Average ticket size– ₹ 1000
19% 19%
20% 13% 16%
7% 8% 11% 12% 10% • Average revenue – ₹ 190
0%
FY 18-19 FY 19-20 FY 20-21 FY 21-22 FY 22-23 FY 23-24 Cleaning
-20%
Services
-40%
Revenue % Profit %
-49%
-60% • Average ticket size – ₹ 3000
• Average revenue – ₹ 850
FY 24-25
FY 23-24 Q1 Q2 Q3 Q4
(Projected)
Maintenance
No. of App Services
18683 19516 20399 21191 25000
Downloads
• Average ticket size – ₹ 500000
MAU 1739 2179 2215 2690 5000
• Average revenue – ₹ 50000

10
Competition

• Urban Company, Jeeves (Flipkart owned)


OUR COMPETITORS
• Experts not joining Us.

• Booking Via Call


• Same Day Service
COMPETITIVE ADVANTAGE • Cash-Back on every booking
• Time & resource constraints for competitors
trying to enter tier 2 & 3 cities
• We will be starting “24*7 Service” soon.

11
Forecasted Data
❑ Average Household expenses on Home Grants and Funding
Maintenance – ▪ Rs 2,40,000 - Startup Odisha - Monthly
Rs 5000 / Year Allowance Scheme.
▪ Rs 15 Lakh - Startup Odisha - Product
❑ No of Households (Urban) - 78,865,937 development & Marketing Grant
(CENSUS 2011) ▪ Raised Rs 30 Lakh at 5 Crore post money
valuation from retail investor like Ex CEO
❑ TAM – 4000 Cr
of Kemppi India and Asia, Senior
Director of VMware, Singapore etc.
❑ Market Size – 400 Cr (Taking a min of 10%
Market Share)
Revenue –
• Charges from Technician
❑ Go to Market Strategy – Capturing Tier 2
• Home Automation Product
& 3 cities first before tier 1 cities.
• Advertisement

12
Funds Utilisation
Funds Required
Cashback & Training
Offers 13%
13% INR 2 Crore
Marketing
(1.5 Cr Primary + 0.5 Cr Secondary)
17%
Utilisation of Funds –
• Intra City Expansion
• Acquiring 50k Customers
Expansion
Tech
• Adding 1000+ technicians.
10%
47% • Building inhouse tech team.
• Setting up training centre or virtual
setup for up skilling service providers.

*Funds will not be used for operational purpose, company will stay profitable on operational side. 13
Road Ahead
Customer Retention
• In app calling feature
• Call mapping
• Offers from local business to our customers
• Enabling ONDC to enable users to buy spare parts from local vendors.

Business Plan
• Being an exclusive service providers for MSMEs offering different IOT based products and
empowering them with tech for seamless after sales service. (Started pilot with one MSME.)
• Collaboration with companies like Oyo, AirBnB, NestAway for Managing all their properties.
• Eliminating all kind of service centre for appliances repair.
• Maintenance of all Apartments, Buildings, offices etc.

14
Road Ahead

Contribution for Indian

• Reducing the burden of household chores so that


women can focus on their careers.
• Creating a good job opportunities for cleaners,
construction workers giving them a good life.
• Making the workers skilled.
• Stimulate the local economy.

15

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