Photo - LOKACI
play_arrow
View
41122

LOKACI

Maximize salon sale in lean hours & eliminating waiting time

India, Delhi
Market: Services
Stage of the project: Operating business

Date of last change: 14.01.2020
Min investment
$  50.000
Show contacts
Total required
$ 500.000
Rating
equalizer из 1000
help
Calculated and estimated occupancy of the project (more about ratings)
My rating
1
2
3
4
5
6
7
8
9
10
Average rating:

Idea

We are a marketplace for salons operating via our web/mobile application to discover the best salon nearby, providing real-time salon appointment while also managing and maximizing the capacity utilization of salons.

Current Status

We have done an approx. Million INR worth of transactions with 260+ partner
salons and 9.1K customer base. We are looking for a seed raise of 500K USD
to expand our presence in NCR (Delhi) region. We have a soft
commitment from SeedInvest USA that they can participate if we have an
Anchor investor.

Problem or Opportunity

Waiting time in the salon.
Under capacity utilization of salons.

Solution (product or service)

We are a marketplace for salons that enables the user to discover, select specific stylist, product, specific time slot and book an appointment all in real-time so that no one has to wait at the salon while also maximizing capacity utilization of salons.

Competitors

Urbanclap, BeuSalons, Nearby, Little, Yesmadam, Housejoy.

Advantages or differentiators

Early bird advantages.
Strength in doing business with Tier-3 vendor.
Our 100% retention rate of salon partner reflects our best managerial skills.

Money will be spent on

The round will be majorly focused on expanding our presence in Delhi NCR and becoming market leader in acquiring 10% of the SAM.

Team or Management

Won the competition and other awards

The winner at Entrepreneurship competition at NSIT.
The winner at Annual Tech Fest For Entrepreneurship at IIT Delhi.
Mentored by the IITD-IIMBanglore Joint mentoring program.
Runner at EOGSEA, National Level.

Photos

Photo 1 - LOKACI

Product Video

3,00
1
2
3
4
5
2 voices
Sign in/Sign up
arrow_back
EN
more_horiz
close
visibility406
star0
Add to favorites
Delete from favorites
share
close
thumb_up0
Like
Unlike
Idea
Current Status
Market
Problem or Opportunity
Solution (product or service)
Competitors
Advantages or differentiators
Finance
Invested in previous rounds, $
Business model
Money will be spent on
Offer for investor
Team or Management
Mentors & Advisors
Lead investor
Risks
Incubation/Acceleration programs accomplishment
Won the competition and other awards
Invention/Patent
Photos
Product Video