 So, we will anyway start the competition and we will have each team come up and make their presentations five minute presentation and you know the points that we will be grading you on yeah and there is just one little change we will be giving the award of excellence to just one team the best team. So, may the best team win and we will start the competition. Good afternoon everybody myself Mahesh representing our team our team members are Mr. Sunil Kulkarni Mr. Bhaskar and Mr. Maurya. So, the particular option I am discussing about is regarding about wedding organizing the unorganized wedding market. The wedding market as we all know, we spend two things on one wedding and one on home. So, the wedding is our minimum 5-10 years of savings which is normally discussed on the wedding and now it is unorganized in India in every way. So, we have tried to organize the wedding industry by using IT. Basically, there is a website and there are vendors, you will see more vendors available on vendors but the difference is the rating of the vendors. The need of the customer and the customer who has a wedding, his father or the vendor, he needs a vendor who is reliable and is close to his house and he easily gets the need. The one need is that in a major event like marriage, there is not a thing missing because in marriage, there are 30-400 different things. If there is a thing missing, it will be very embarrassing at the particular time when he will need it. So, basically, that thing is missing, that is why he will search for it. In this, there are two ways of the customer. One is the end customer who will search for the wedding service and the other is the vendor who will give us the revenue. This is in the service domain. The other is the target group which is our customer. In that, our customer is nearly 45 lakhs students who are graduates. So, we have put about 15 lakh weddings in India. We will target a 5% market in the first year. This will be our target group segment. It is necessary to use the computer and it has internet accessibility. This is the segment we have chosen. The third thing is our price. The end customer who will search for the wedding service does not have any price. He will search for free and register for free. The second is the vendor who will list. The vendor will list for free because we do not want to restrict the vendor to do the listing. So, all the 10 metropolitan cities, the big cities, all the vendors can list themselves for free. They can list their name, address and phone number in the free listing. If you want to go to the next level, you have to do the listing. If the listing requires photographs, videos, and the website of the vendor, if they want to do the link, then they will have to pay some money. We have worked out the money for about 5000 rupees per year. Apart from that, the listing will have the space for the text to be searched. Apart from that, if they want to do the listing, then the right side, as I searched in Chandigarh, and I would like to tell you that the end user, I will see where the vendor is searching from. If he chooses a photograph, then he will be able to google it on the right side of Chandigarh. He will be able to see where he is searching from, which vendors are the best for him to photograph. Along with that, he will be able to see what is the rating of the vendor, and who has used it so far. Along with the rating, he will also be able to see the testimonials of the user. So, the reliability of the vendor will be established. Because it is his basic need that he wants a reliable vendor. The breakage in the price is about 1 lakh rupees in development, and it will cost about 3 lakh rupees in marketing. According to this, if we take 80 to 100 customers to give us 5,000 rupees, then we will do the breakage in 6 months. We will do the marketing through Google Adwords, and we will optimize the search engine of our website. We will tie up wedding sites like Shadi.com, Matrimonial.com. We will also do marketing through blogs. We will do it in this way. We will also use summer intangels for marketing and marketing. So, that's it. Thank you. Thank you very much. Team 2 is ready. The product that we have come across is Morpcast. This product we are targeting is live streaming of videos through mobile phones. Our team is Ashok, myself, Kishore and Anurag. I will be taking care of the technology part. Finance will be handled by Anurag. Marketing will be done by Ashok. Sales and operation will be taken care by Kishore. I will just introduce the concept. We want to provide streaming videos through mobile phones. We are expecting the bandwidth of the internet to go as the technology grows. There will be a need for live streaming of videos through mobile phones and cameras. There will be a software on the mobile phone through which you can send or receive live streaming videos. That streaming video will go to the server. It will be also recorded on the server. That video will be stored on the server and also broadcasted to people when the user wants to share the video. It is like a fun concept. There is a marriage. Some of my friends are not there in the marriage. Through mobile phones, they can view the marriage. There is some rock concert. I want to share that rock concert with my friend. It is like that. The target users are general users who want to share streaming videos on mobile phones for fun. Business users who want heterogeneous video conferencing. That means few people are on the web and few people are on the mobile phones. The services that we plan to offer through this portal are sharing of videos with your friends through mobile phone. Storing of that video on the website server. Advertisers. There will be advertisements both on the website and on the streaming video. Paid-up services for business users who want to do video conferencing. Tag-based key search facility for users who want to search videos on the website. If some users want to give live streaming through their mobile phones. That will be a paid service. Telemedicine for live places where you don't have any facility of internet. Encrypted videos for secure business conferences. Suppose some business requires secure video conferencing. For them there is encrypted service. How do we plan to go about marketing? First we can generate revenue through this. We can get started only after we have 1000 users. For that what we plan to do is, there are power bloggers who attract around 10,000 internet users. Our plan is to get in touch with such bloggers. Ask them to use the service and write a blog on it. Also there are a lot of freelance writers who want many topics to put it on. Let's say Sunday's news paper or ladies gadgets or something like that. Supplements that comes in the news paper. If you are reaching to 1 lakh people through these power bloggers and freelance. We expect to get around 1000 users, registered users in the first 3 months. Once that is done, then we can approach the advertisers. Let me estimate that it takes around 30 to 50 paisa for an advertiser to put a pamphlet of his product in the news paper. If we have 1000 users, let's say 1000 to 50, that's 500 rupees. We can charge the advertiser and put his advertisement on the website. How do we add value to this advertisement? That will be tag based. Suppose a user has put a tag on his video like my tennis match. We will be placing ads of racket manufacturers or sports shops on that. This is how we want to put value to the advertisers. Once our application requires sharing, we can have fun with this application. There are more than 2 users involved in this. We expect these first 1000 users to spread the word about this service and generate around 10,000 users in the next 3 months. Once we have 10,000 users on the site within our first 6 months of launching. We will start putting ads on the live streaming of the videos. We plan to put a price of 50 paisa per user per minute. If you want to put an ad, the advertiser wants to put an ad. He has to pay 50 paisa per user per minute. That is one service. This is how over a period of 6 to 8 months, we plan to build a brand. Once everybody knows about the brand, we can approach the business users about this service and then start paid service for business users. Check your time is up. Myself, I am Eshwar. My name is Nagashwar. I am a team leader. I have Mazumdar, Miskhan and Mr. Patil with me. They are my teammates and we have come up with this idea. Let me just share the idea with you. We are planning to release CFL bulbs. This is a common thing CFL bulbs like in one of our professors were sharing. We have around 45 companies in India completing with each other today about CFL bulbs. But the business plan here is a different one. I don't need to share the importance or significance of using CFL bulb over a normal bulb today because it is quite obvious and all of us know about it. Now, coming to the business model, what we plan to do is we want to do an outsourcing model. We would want to get in touch with a Taiwan based outsourcer who will be an OEM equipment provider for us. We will take the equipment from him in bulk and he will provide us at a comparatively good cost and then he would be providing us this in extra one year warranty than the other providers today in the market. Now, with that we would want to our distribution mechanism is different. We would want to approach the power distribution companies say for example, AP Transco in AP and then Reliance Tata all these companies in the other states. So, what do we want to do is we approach them and then say that we have approximate I would not go in sequentialism when we come across I will now discuss about pricing. Our pricing is approximately 145 rupees taking a 90 rupees FOB from Taiwan. After 90 rupees we add 30 percent taxes, we add our distribution cost and all these it would come to 145 rupees. So, we would add a margin of 40 rupees so our price is 185 rupees. This is what we charge to a distribution company like AP Transco. The way we collect the money is we give the CFL bulb to AP Transco who would then take this bulb and then go for changing the bulb normal bulb with an incandescent or CFL bulb. Now, this money would be collected back in 5 installments. Now, the advantage for end user here is he would for by changing that every user would be saving approximately 8 to 10 rupees in his current bill every month. Now, for out of 255 rupees 185 rupees if you take 5 installments he would be paying say 40 to 50 rupees and then he would be paying 40 rupees out of which 8 rupees is again saved on his current bulb. Now, by doing this AP Transco or the distribution company in this context we get approximately distribution cost of 5 to 10 rupees for every bulb they change. Now, because all government of India and other state governments are showing keen interest in changing their saving the energy and then also 55 percent of Indian rural this one rural sector is not electrified yet. So, there is a lot of market that can be captured here. So, if you can give get in touch with AP Transmission Companies or any other power distribution companies we give them they will go implement this they will get their benefit of saving the power government has its own keen interest in you know ensuring that there is no energy deficiency energy this one requirement in the India in the country today. So, by this what we will get is we will get 5 equivalent installments we get we get around 15 to 20 percent of profits the approximate cost that would be required is approximately for 5 lakh units you take a 200 rupees including all things it would come down to 10 crores. With a government order I am sure that banks would be ready to fund 70 60 to 70 percent on a government order and then we would as promoters 4 of us would fund it from our pockets the remaining 3 crores and yeah that is the fundamental idea I have I think in coming to promotion see what we plan to do is the way when we brand it Aether we want to co-brand with the power distribution company in that particular area it will be AP Transco and Aether going together Aether is a premium brand which is available in other retail outlets at a very costly premium of 300 280 to 300 rupees the idea of releasing the retail outlets is not because it is our target market but to create the awareness from the this one to tomorrow we do not want to go to household and then say that you are changing a ball one of them they should not say Vipro is available at 210 rupees why should I take yours so we want to create awareness in the brand saying that it is in the people we want to position ourselves as a premium brand who is aware of green emissions you know he works with this one on a social cause for it so this one Ok so I will tell you the other two means of promotion we want to advertise with state governments bearing 50 percent cost on us we want to work with all the distribution employees who would bear a t-shirt saying that we are doing this for two reasons one is element and public interest we would go for use courage when we release this and thanks for giving this opportunity Hello good evening to all we are group 4 we consist of myself Shantanu, Arvind, Dr. Chandratri and Prof. Chandratri and Dr. Joe's looking at all the technological idea we came up with a very simple stuff and why does everybody want to earn money it's finally everybody would say in Hindi is like Papi Pekasawale bhaiya so why don't we start with that we came up with a very simple concept of starting fast food ready to eat E-Tree outlet I'm not sure that most of you are knowing that but when you come to south of India you find that quite a few of these E-Trees are available where you get fast food very easily available especially when you talk about idlies and dosas we have a lot of them in Bangalore and that side we thought we could use this concept but limiting ourselves to one particular offering of dosa but offering of dosa now we have a lot of varieties in that there are some unique points that we added to this concept was first thing we have one price for around 20 varieties of dosa that we are offering constant price secondly we assure you a fast service of less than 3 minutes and we are offering a price which is probably below everybody which is offering in these parts of India it's 15 rupees why we are offering that is for a reason now why we are offering that is we want to target a person who is typically going he is in a hurry he is just going by and he just grabs a vadappa and just catches a train something like that vadappa typically costs something like 7 to 8 rupees and we are keeping this just at the cost of something like 2 vadappas but one dosa is enough to satisfy your something like a breakfast meal or a knee of your stomach for a pretty good amount of time so that is why we are offering price at that place and as I said who is my customer a person who is on a go and wants a hygienically prepared food and definitely a tasty food these are some of the points of who is my customer now what are the advantages that he gets first thing he is not worried about the price because it's constant out whatever dosa he wants to eat second thing he has a variety he need not eat the same taste for let us say if he eats one variety today and 15 days hence he has 15 different varieties as well third one is every as there is a variety there is a different taste to it so you are not brought down by the same taste every day fourth is the availability and convenience now this is one of the area that we are targeting availability we are putting up these shops right to its shops right across railway stations so that where usually when we are in a hurry and travelling we usually try and you skip your breakfast or skip something and then you are at the point when you are boarding and you remember ok I need to have something for my stomach this is the place exactly before you enter or probably after you get down you have something to eat right in front the fourth point is we are operating 24 hours so that means at any given point of time we are not letting you go hungry in this mode and there is not a restaurant kind of stuff so we just stand, eat or take away whatever we have ordered for so these are the two modes either stand and eat or take it away and the time of delivery is plain 3 minutes for this we just made a rough calculations of whatever data we had let us say an approximate 10 by 10 shop area would rent approximately about 50,000 rupees nearby to pick it as like railway stations and bus stand and like that the cost of labour would be something like ok I will just wrap up the whole thing I would say a monthly recurring cost of 86,000 rupees is expected and the total fixed cost that we are taking into account is something like 4 lakhs which is 2 lakhs for the deposit and 2 lakhs for the infrastructure that we are taking into account and what we approximately calculated was the cost of making one dosage is 5 rupees so we are making a margin of 10 dosages per minute with that we are the worst comes scenario of you know what is the volume of dosage that we can make so we calculate that approximately 500 dosage per day should be good thank you ok good evening everybody my name is Swarab Jain we are from team number 5 and we are called the social planners ok the product I am going to talk to you about is called eventazoo which is an online event registration ticket planning or service ok so I will start with an example all of us suggested for this event the marketing mantra event so how did we go about it first like we got an email then we went to a website we filled it up then we submitted it then after that we took a print out of it attached a DD to it couriered it it came all the way here then the courier was confirmed and then our participation was confirmed now if you look at it there are so many different aspects to this entire process you know you have to wonder whether the courier reached on time etc etc so what eventazoo does in this case is that anybody and anybody like who can use computers they can go online create an event specify the forms they want the question they want to ask and your website goes online we also provide ticketing services so the money which you have collected by a DD you have collected it online via credit cards or net banking so in this case what happens is you go online fill in the details enter a credit card number and you can print out a ticket and come directly here couriering a DD etc etc so who is the target customers basically we are targeting our primary customers college students NGOs specialty clubs like CSI etc who have these events our primary USP is that our software or it is a web application is very very easy to use so anybody who has the basic knowledge of computers can go online create an event within 5 minutes we give you a complete website we give you a web hosting a domain name and we also give you a form along with tickets you can sell tickets online so any person can go up create a entire form and take registration online so our target how do you plan to market our services that we have a primary account which is free to use so that you can try out our service before having to pay for it then we have we have done a market research which in which we know which colleges which groups have their events when so before the event occurs we send them an email or like you know contact them telling them why don't you try us out this time and things like that the other thing is how do we approach our target audience and a lot of these event organizers the large event organizers nowadays everything all the events which are occurring they have the registration online you know the cost of setting up a booth offline and taking registrations and the money etc it's a huge amount so one approaches you know time out with event organizers and giving them bulk discounts so that for the events they can go online and ask people to register online for an event so the pricing of the event we have a couple of competitors in India and what we believe is they have an unfair pricing model so what they do is they charge you a one time setup fee of 14 to 15,000 rupees and then per event they charge you about 5000-7000 rupees on top of this they charge you per ticket sale made so our pricing model is completely different we don't want to you know like latch on to you so all the days you pay per event so if you have an event which is less than 250 people you pay us about 5000 rupees one time and then we charge you a small 5% of your ticket sales and for larger events more than 250 people we charge you about 10,000 rupees and then at that time the ticket sale we charge you 3.5% instead of 5% so that's where we get advantage the other thing is from where are we getting funds for it so basically we have our own consultancy services which the excess revenue surplus is being put into the development of this product and besides this we are expecting to break even the next 3 months and besides this we also have a contingency fund of families and friends etc finally the team competency we have about 4 developers working on this all the developers were previously they organized events in their own colleges and hence you know they understand the pain points of developing a product like this we have a person on a board of mentors who has been in the software development for the past 10 years and he's been helping us with the delivery services etc and besides this we have about 3 event organizers big event management companies their managers on a board of advisors who are constantly helping us with you know what's in what's out and things like that thank you ma'am the name of my team is team talk and I am the team leader my members are Arvind G Prasad Maheshwar Appa KN and Sanjeev Nath Kani now a little bit about our product the team talk presents ready to broadcast programs called Disha that guides businessman and startup business on how to run business and solve problems these programs are by experienced industrialists and are available to all the people anytime anywhere as well as on the news channel as you understand is a recorded program that provides guidance to existing and startup entrepreneurs online and offline it's a B2B program we plan to sell it to the channels like CNBC, NDTV profit also make this program available on the web whereby there would be entrepreneurs and the existing entrepreneurs can access it on the web anytime anywhere why will the channels buy this? the channels will buy this because they are getting content which is ready made and for this running this program they can also get sponsorship from the financial institutions that give support to the business as well as VCs this is very important because as you know it is very difficult to find sponsors currently what is available are competitors they are mainly the agencies that are conducting EDPs and MDPs agencies like NEM, EDISL IIMs there is also a program currently available on Doordarshan and All India Radio by an organization called DEIS but it is in Marathi and only meant for the Marathi speaking people whereas our program will be broadcasted in English and for the urban youth why did we come across this product idea? we came because if you try to search on the web any material that is related to starting a business it is mostly the content is related to the business opportunities which are abroad you will hardly find any material with any context to the Indian markets for marketing this we are going to appoint a team of 5 sales persons who will be directly approaching the channel members the media and they will make a small clip will be shown and then the program will be sold the capital outlay is 2 lakh rupees total profit is 21 lakh 2000 total profit is 6 lakh 25,724 total expenses are 13 lakhs 92,200 rupees the profit margin is 30% we expect a sale of 239 units over the year in the first few months first month I do not think first quarter we will be making a sale of 5 units which will then gradually increase in the first quarter we will be selling 4 units second quarter 73 and 155 units in the third quarter and our sales per unit cost is 19,795 rupees which is very cheap if you look at any production house if all these channel people if you go and sell this one CD with a recorded program the profit margins for them also will be pretty high well that is all good evening gentlemen I am Guru Prasad I along with my colleagues Shikant Sharath and Raghu so we are presenting one new concept before naming the concept just I wanted to tell you how this concept came into our mind are converted into a business actually we were traveling on various occasions for our business for various places so when we want to travel to the new places we used to just check google maps sometimes google terrain where is this location how I have to travel how I have to reach there and all so this is the normal process most of us are doing so when we are doing that one day when we are in a meeting one great idea struck why can't we build a model of the building now as I know we are seeing only the flat location of the top image of the location where ever suppose today also I wanted when I was about to come here just I saw where it is how far it is located from the airport I was able to see only the campus but I could not see the building can we do the model that's how this idea came into our thought the minute when this thought came we started working on it is it really available is it a viable concept with which we can really spend some money and make it into a marketing concept then myself and my colleagues went on did some market research with various segments and we went with all the builder people who are already having the buildings they really wanted this model but they are not ready to pay they said I do need the model but why should I pay then we went to the builders and developers who really wanted this kind of models who are ready to pay and that research whatever analysis we have made they showed that yes if I could show my building which is already it is not yet built for a person who is sitting away from Dubai or in New York why not why not the question was why not then we started working on can we build a model so then we started working on this concept this concept we have named it as geo reference model so that means a model which has an actual geographical location so this model will have an actual shape size and placed on the actual location of google earth so this concept we are presenting today as one of the new concept as geo reference model so I will repeat geo reference model is the model of an existing building or an upcoming building on the actual location of google earth once it is done anybody across the globe can access this model okay this is the concept so then when the concept is done so we did research and then we have developed the product and we also tested with few market developers and builders they have given the green signal for this so after this when we have built any model or any new technology the reaching the target audience is the next very very important thing so if the technology is affordable everybody will access it and everybody it will reach most of the people so that is why in the next step what we thought is how to access how to give this technology to the masses so even though we know about 3D modeling 3D modeling is in India since 10 years but there is no market penetration we found out what is the reason the reason was the 3D modeling the whole concept was very expensive where I and you cannot afford it may be a person who is building having a project of 100 crores 10 crores may access it then but can you reduce the cost of the model yes there is a way so Google has allowed Google earth free then the modeling tools also if you could make free and the models are available at an affordable cost we felt that yes it can be so with a lot of research we have brought out this concept at a very affordable cost and now we want to market this across the country through all the builders and developers the concept is this the technology I have explained then how to reach the masses so our target segment is now the real estate so even in the real estate we are looking for commercial real estate through the commercial real estate and we want to market this through the portals so we do have a lot of portals across the country we already approached the portals to market this and they already accepted and given the concern to market this through four regional offices we want to market this concept of georeference modeling in three years we want to be the market leaders and we want to take maximum market share in the area of georeference model to conclude so we have come up with a very fine concept we do not want to sell just a model so we want to see how the real estate marketing area the real estate marketing in India will change in next three years this is our motive thank you Hi good evening my name is Rohit Nalveday I am representing a team called track next we are launching a new service to the market the service is called child tracker now child tracker essentially does you know what the name essentially suggests it tracks school going kids it does five things in the morning it tells the parents that the school bus is in another five minutes or the school bus is punctured two bus stops away and it's going to take 30 minutes to come to this bus stop so instead of 830 please go to the bus stop at 9am the bus comes to the bus stop the kid gets into the school bus immediately his attendance is marked at the school now the kid is on his way to the school and if parents haven't received the next alert which is saying hey the kid has reached school he's on time or he's late or he's early he's going to school parents can at any point in time send an SMS saying location question mark and immediately get a location saying your kid Rohit is still in the bus and the bus is delayed because of traffic and he'll take 10 more minutes to reach school now the kid reaches the school the moment he enters the school premises and is inside his classroom he's safe and secure parents get another SMS alert saying your kid Rohit has reached school he's late or he's on time or he's early during the day if there are any academic updates for example particularly for very small kids if they have an English test or they have or the school is closing early the class teacher can send just one SMS saying class 6A space English test on Monday and send it to a you know SMS number and the system would replicate this SMS and send it to all kids all parents of class 3A students so parents get an acknowledgement and they could reply to it saying yes or no now after the school gets over the kid again comes out of the school and boards the school bus parents again get an SMS saying your kid is leaving from school he's travelling by bus number 12 which is his usual route and the expected time of arrival at your bus stop is 2.45 pm please be there to pick up the kid or your kid is travelling by bus number 10 today which is not his usual route this bus goes to all these places along with the timings at the respective bus stops and around 10 minutes before the bus is expected at the destination parents again get an alert saying the bus is about to come in 10 minutes or it is again late 30 minutes please go to the bus stop accordingly. The target group for this to start with is essentially premium schools by premium we mean they are two different categorizations one is by the target income group of the parents and the cities in which they stay in so the target segment is essentially parents who were both the husband and the wife are working in cities like Bombay, Chennai, Delhi and NCR and Bangalore where most young couples are working professionals with a monthly household income of a lakh rupees or more sending the kids to schools where the monthly fees is 2000 rupees or more we launch with a small set of schools in each one of these cities for example two schools in Bombay two schools in Delhi and NCR and so on these schools would become a reference basis which will create a very positive word of mouth and based on that positive word of mouth we will get into partnerships with local companies who are already selling some kind of software to school for example there are a lot of companies who are selling SMS alert systems to school the company is just selling school management system so this system can eventually piggyback or you know connect with those systems and we can leverage their existing partnerships or existing relationships with the schools and go to schools. In terms of the pricing we price the product at 120 rupees a month the monthly running cost for us is around 20 rupees including all the SMS messages and managing the server data traffic 120 rupees because 20 rupees would go to school and 100 rupees is we believe the right price point it's neither too high it's 5% of 2000 rupees a month fee so it's not a really large number it's 1440 rupees a year which if the total fee is 25000 rupees isn't a number that would make parents or parent teacher association or the principal really think 20 rupees goes to the school so school is essentially earning some money out of this for providing their help and collecting the fee and remitting it to us and even for schools which can afford slightly more than that 100 rupees still remains a notional price point it's just 100 rupees. In terms of the marketing plan like I said we launch with few cities in each city we'll get pilots we'll get positive word of mouth and eventually grow it in terms of team we have been actually very fortunate you know by coincidence four people have come together we have Bhushan Bhushan has been an entrepreneur for around 15 years has sold the institutions has strong sales and marketing expertise so he'll be doing the business development all of these identifying these school partners and then we have professor Thrikkar who's an academician with around 13 years experience he would help us essentially go and you know pitch it to the first few schools and academicians selling to academicians thanks. My name is Sheba I represent a team named Tech 5 and I would like to introduce the members I would like to introduce Mr. Prakash, Jaskaran, Aditya and Goran our products name is iopportune.com before I go to what the product is about the need we have identified will reminiscent you about your college days when you were frenetically looking for internship so it is a need of every student a final year student internship is a need of every final year student and the problem that is faced by them is that they cannot find the internship in the area of their interest every student things that internship is as important as him finding a very good job at the end of his education so iopportune is a portal that connects students to corporates our team is college to corporate so I would like to introduce Jaskaran who would be talking about the marketing plan thanks Sheba actually our concept is basically in India there are many students who pass out from professional degree colleges but they are unable to find any job so in between there is a concept which is coming up in India is concept of finishing schools that finishing school concept is still not working because student is not willing to pay after doing after paying such a hefty piece in a professional degree college so what we are the concept that we have come up along with my team is iopportune i for internet and i for its regarding a personal iopportune is for opportunity for students so these students this is a general scenario after our research we found out since I am an electronics engineer when I was in my fourth year it was very hard for me to find out a company where I can do internship unless and until I don't have any social contacts so to overcome this problem and this is not only in generating colleges almost in all professional colleges due to the education system in India so focusing on Indian scenario we will be launching this website and the basic will be that a student who is willing to do every student in their last year in professional goals they have to go internships so for doing that internship student will register in our website so it is basically we are catering to students and the corporates students that too doing professional courses so when a student registers with his or her resume in our website there will be recruiters, there will be companies which will be there in our website they will be registered in our website so our basic revenue model in this is that the company which is going to be registered will be paying rupees 5000 for a year to get access to the database of students who will be doing internship the benefits companies will be getting is that in a very nominal cost of rupees 5000 they will be getting an access to a great database bank in which all of the students will be professionals and yeah giving training to a student for internship will definitely help out a company because internship can be converted into jobs so that reduces the cost on the company's side and for the student it is very much beneficial because a student is not going to pay any much more and not going to waste a time after doing 4 years or 5 years of degree time so that is the basic thing and the first and foremost thing is that student will get a focus path of the career so this is the revenue model our basic capex would be 4 lakh rupees including a rented office space and computers my counterpart Gorang is a developer and I am looking after the marketing team and my 3 partners are looking for the development of managing the operations so we are looking forward for 15,000 registrations in one year and 150 to 200 companies will be registered in a year so our break even point would be 1 year that is comes up to it thank you