pitch deck of friendfiz - an augmented reality based social network
TRANSCRIPT
Friendfiz Confidential
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Pain Points in existing Networks
People get cheated by fake profiles. There is no way to know trustability of people.
I like the person standing in front of me, How to know profile of that person. I want to connect to him, how to connect ?
How to know people crossing me ? May be someone whom I know crossed path with me.
I want to upload a pic after doing some changes, how can I do photo editing in simplest way?
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Our Solution to Pain Points
It lets user know reliability of users. We have many factors from which we get to know that particular user is …% reliable.
ReliabilityScore
Profile of persons who is standing in front of you or just a few km away gets projected on your mobile screen
FlipAR
it lets you know who crossed path with you whether he/she your friend or unknown person.
Walkover
Edit the pics in easiest way and add extra features like stickers, filters, brush, handwriting, add more pics into one pics etc.
PicStory
for more details please visit www.friendfiz.com
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Vision and Mission
VISIONTo revolutionize the way people
connect with each other
MISSIONTo let people connect with each other
in more open world using more advanced technologies.
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Business Model
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These platforms have number of monthly users in the range of 10 million to 100 million. And because of such high base of users, they are able to earn in millions and billions.
Market Research
!!Top dating sites :
Badoo, Tinder, Match, OkCupid, Skout, POF, Zoosk, eharmony, Christian mingle, ourtime, datehookup, BlackPeoplemeet. !
Market ResearchOnline Dating is $2.5 billion industry, IAC is the market leader owning Match.com, OkCupid, Tinder and Meetic. !There are 91 million people around the world using dating apps. !61 million (2 out of 3 people) of them are men and 64 million (7 in 10) are between 16 and 34 years old. !59% people agree that online dating is a good way to meet new people. !!These are earning revenue in range of $20 Million to $200 Million
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Marketing strategies to be used to promote Friendfiz.
Marketing Strategy
AdvertisingPay per click Ads on
Facebook, Google, MGID, Outbrain etc
NewsCreating news
highlighting our features
CampaigningPromotion in
Organizations / Institutions
PromotionsMarketing by promoting
social causes
Sponsors in EventsSponsorship in various
events in different fields
Marketing strategies to be used to promote Friendfiz
Friendfiz Confidential
Born May 2013 Growth
May 2014Stronger Nov 2014
Bigger June 2015
Unbelievable
Friendfiz company growth
Company Growth
Started with the Spirit Pilot Project
Slowly began to spread their wings Got Investments
Friendfiz Incorporated as private limited
Successfully launched on Web and Mobile Platform
!
Now going to expanding our network.
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-Rupesh Patil-Chief Executive Officer
Rupesh Patil, 28 is the Founder and C.E.O of Friendfiz - Social Network based on Augmented Reality. Mr. Rupesh has more than 10 years of diversified experience. !Prior to taking over the role as Founder and Chief executive Officer of the Friendfiz. In 2013, Rupesh Patil was Director and C.E.O of JSM Infosoft Pvt. LTd., Indore. In May 2014, he took the responsibility of relaunch and redesign Friendfiz with many new attractive features, Indore as a Founder and Chief Executive Officer and spearheaded its growth.
Friendfiz Confidential
10Meet Our Amazing Team Members
CSO CTO CAO
Rahul Khedkar
Chief Strategy Officer PGDM from IIM Raipur
Software Engineer, Accenture 5+ years of experience
Ramesh Patil
Chief Administrative Officer 30+ years of experience in IT
and Management
Kapil Karda
Chief Technology Officer 5+ years of experience in IT
(Specialization in AR)
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We successfully raised funds from the following investors.
Investors in previous rounds
Amit Pundir
PGPWE from IIM Raipur 10+ years of experience
Director - Aquosi Marketing Pvt. Ltd.
Investor, Zeal Mobile PublicitySunil Sulchaniya
18+ years of experience Owner of Super India Roadways
Pvt. LTd.
Investor, Zeal Mobile Publicity
Rajeev RoyPGDM, IIM Ahmedabad
Core Team Member, National Entrepreneurship Network (NEN)
15+ years experience of entrepreneurial education.
Mentor to 500+ Entrepreneurs
Dr. Sanjeev ParasharChief Placement Officer, IIM Raipur Faculty of Marketing at IIM Raipur
20+ years of experience in Marketing
Marketing consultant to many companies
Advisors
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UNITED STATES
15%
LATIN AMERICA
5%AFRICA
2%
UK7%
INDIA60%
AUSTRALIA6%
What we have achieved so far
Tractions and Achievements
Friendfiz FrameworkDeveloped our own framework for Web
Modified existing development platform and developed our own framework i,e, Friendfiz framework.
Popular in Many CountriesHits from various countries
Hits from around 23 countries and 500+ cities (Source Google Analytics) First of its type social network where people can do multiple things like fun, work, earn and maintain social + professional relationships.
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Our future plans is very promising
Future Enhancements
PHASE 05PHASE 04
PHASE 03PHASE 02
PHASE 01
Phase 01Regional Stickers (City/State specific)
Phase 02Implementation of AR into different business areas like Job Search
Phase 03Open Friendfiz Framework to all developers for creating apps on Friendfiz (Simple Apps, AR)Phase 04Virtual Reality (VR) in Social Networking using Mobile Devices Phase 05Implementation of AR & VR in different business areas
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This is minimum investment required for survival & promotion for 6 months or until next round of funding.
Seed Fund Required
Server Promotion Manpower CostingInfrastructure AR Plugin
OPex CAPex
Rs 2.4 LacsRs 2.6 Lacs
Rs 10 Lacs
Rs 12 Lacs
Rs 1 Lac
Total Requirement =Rs 28 Lacs
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Paid services with their rate and %age of user availing
ProjectionsAdvertisements
$ 1 to $ 7.5 /user
Per user Revenue from
advertising would increase with growth in
user base
Themes
$ 2 to $ 7 /month
We believe that our 5% users
would avail this service
Paid Profiles
$ 5 to $ 30 /month
We believe that our 3% users
would avail this service
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ANNUAL REVENUE
0.1 Million users $ 5,53,000
Aug 2015
April 2016
july 2016
Projection for user base growth & respective revenue growth with timelines based on all sources of revenue.
Projections
0.5 Million users $ 2765000
1 Million users $ 6730000
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ANNUAL REVENUE
Jan 2017
July 2017
Jan 2018
5 Million users $ 2,13,11587
10 Million users $ 67300000
50 Million users $ 803000000
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FlipAR - Augmented RealityGet distant friends or unknown people projected on your mobile screen.It projects profile of the people, which are in the range of your mobile camera, on your mobile screen.
WalkOverWant to know who crossed you ?It just got easy to get information of people who crossed you. See their profile and send them nudge and if they will also interested in you start chatting.
Features of Friendfiz
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ReliabilityScoreSave yourself from people with fake profiles.Through various means you get information on reliability of each profile. Trust Score of each profile is visible to you. More the trust score more reliable is the person.
PicStoryCreate stories through picsTake any pictures. Show your creativity, modify it and tell your thoughts to the world through it.
