Wrl -investor_deck_v3.0_india
Dec 05, 2014
Investor Proposal
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VISION WHAT WE DO CLIENTS TEAM IMPACT OPPORTUNITY
Executive SummaryWe pioneered Weather Insurance in India Founded in 2004 we have built a sterling reputation as a global Climate Risk Management company
CLIMATE RISK represents the daily reality of hundreds of millions of farmers and directly impacts the huge ecosystem of enterprises that engages with them in the global agricultural supply chain with implications running into billions of dollars. Today we work with every insurance & enterprise player serious about transforming agriculture in India creating direct change for over 1 million farmers. Integrating a robust understanding of risk, our own manufacturing & technology capability, and a proven expertise in analytics we are now expanding our footprint to Africa, ASEAN & LATAM to become a globally valuable company.
OPPORTUNITY : Working painstakingly over a decade in a tough regulatory regime we have created a highly profitable company with a 25 % PAT on a revenue of INR 12 Cr this fiscal and a target of INR 100 Cr in the next 4 years.
To provide all in the world security against climate change as the world’s No. 1 climate risk management company innovatively combining Big Data, Analytics, Smart Devices & Financial ServicesFounded 2004
Fiscal Projection ‘15 PAT 15% on INR 12 Cr
Team101 People
FootprintPan India & Global
AsiaPhilippinesCambodiaBangladeshSri Lanka
AfricaTanzaniaRwandaZambiaMozambique
Existing Presence
Building Presence
VISION WHAT WE DO CLIENTS TEAM IMPACT OPPORTUNITY
Solutions for managing risks in supply chain and health services using core products and technologies built for the climate space
InvestorsSIDBI, IIT, ILOFord Foundation
We are a global Risk Management company delivering innovative products and services to large enterprises as well as farmers in the remotest of villages worldwide.
VISION WHAT WE DO CLIENTS TEAM IMPACT OPPORTUNITY
2004 2006 2008 2010 2012 2004 2006 2008 2010 2012
Founded with ICICI Lombard as the first client
SIDBI Seed FundIncubation at IIT Kanpur
Ford Foundation grant
Convinced GoI for regulatory approval & subsidize weather insurance with Rs. 1000 Cr.
Stabilizing pan-India business
AWS Grid~ 100 Stations
SIDBI invests for working capital
First Internationalforay in Tanzania and Bangladesh
Export of Products & Services to Africa & ASEAN
Ready for India and the World
2005 2007 2009 2011 2013 2005 2007 2009 2011 2013
Big Data Services & Analytics
Smart Devices & Technology
Weather Insurance1 2 3 India Global
Agri Information Systems Weather Forecasting Remote Sensing
Automated Weather Stations Vehicle Tracking Systems Energy Efficiency
Industry Leader with robust, comprehensive and integrated services
VISION WHAT WE DO CLIENTS TEAM IMPACT OPPORTUNITY
Weather Insurance(50% of revenue)
1Underwriting Services for Insurance Companies Risk Management Application Fraud Analytics• Claims Control• Remote Sensing & UAV Portfolio Risk Management
Reinsurance Services
Market Making As market makers we help financial institutions & companies to design / execute innovative risk offerings in Agriculture & Power We work with several farmer associations
VISION WHAT WE DO CLIENTS TEAM IMPACT OPPORTUNITY
Value ChainRisk Free EarningsInsurance Broker / SPs = Rs. 1 to 5 + 0.8Reinsurance Broker = Rs. 1Retrocession Broker = Rs. 2
Minimum Rs. 4 + 0.8Maximum : Rs. 8 + 0.8
Similar Value Chain exists for Property = 10XCapital Markets Opportunity = 15 to 20 % of X= Risk of 3 %Investment Advisor = 5 - 10 % of Capital Earnings
Insurance Brokers / SPs
Insurance Brokers / SPs
Insurance CompaniesInsurance
Companies
Reinsurance Brokers
Reinsurance Brokers
Reinsurance Companies
Reinsurance Companies
Retrocession Brokers
Retrocession Brokers
Retrocession & Capital MarketsRetrocession & Capital Markets
Insurance Clients
Insurance Clients
Rs. 100Premium
Rs. 100Premium
Rs. 1 to 5 Rs. 1 to 5
Rs. 75 Rs. 75 Rs. 1 Rs. 1
25%~ Rs. 1925%~ Rs. 19
50 %~ Rs. 28
50 %~ Rs. 28
Rs. 2 Rs. 2
⌃
⌃
Rs. 24 Rs. 24
50 %~ Rs. 28
50 %~ Rs. 28
⌃
⌃
Rs. 43
Rs. 26
Rs. 27
PREMIUMValue ChainPREMIUM
Value Chain
Insurance Brokers / SPs
Insurance Brokers / SPs
Insurance CompaniesInsurance
Companies
Reinsurance Brokers
Reinsurance Brokers
Reinsurance Companies
Reinsurance Companies
Retrocession Brokers
Retrocession Brokers
Retrocession & Capital MarketsRetrocession & Capital Markets
Insurance Clients
Insurance Clients
Rs. 1000Risk
Rs. 1000Risk
75 %~ Rs. 750
75 %~ Rs. 750
25 %~ Rs. 250
25 %~ Rs. 250
⌃
⌃
Rs. 400Rs. 400
Rs. 350Rs. 350⌃
⌃
RISKValue Chain
RISKValue Chain
CLAIM (X) Value ChainX = 80% of Rs. 100
CLAIM (X) Value ChainX = 80% of Rs. 100
Loss Adjustment SP = 1% = Rs. 0.8 Claim Money
Weather Risk is graduating up the chain rapidly
Targeting increasing reinsurance, retrocession and advisory fees
Broadening base in the insurance broker & loss adjustor segment
Pioneering Player with BIG DATA, MOBILE and Consumer Behavior expertise
VISION WHAT WE DO CLIENTS TEAM IMPACT OPPORTUNITY
Data Services& Analytics(25% of revenue)
2Weather, GIS & Data Services Crop Acreages & Yield Estimation Flood and Disaster Mapping Irrigation Planning
Mobile Applications Short (72hrs) to Long Forecasts using Synoptic/Numerical Models Alerts / Custom Alerts / Planning
Customized Packages ACCUFARM ®, yourfarminfo.com
• Agro Advisory Service to maximize production• Farm Level Information to check crop feasibility, take land buying decisions …
Industry Solutions : Matrix ® | TrackMyVehicle ® | WeatherZilla ® POWER / LOGISTICS/BEVERAGES / AVIATION / WHITE GOODS …
Analytics Platform integrating Remote Sensing, Yield Mapping & Technology
VISION WHAT WE DO CLIENTS TEAM IMPACT OPPORTUNITY
ACCUFARM ®
Precision Farming Solutions
Services
Benefits to Farmers
Online Services include Soil Chemical Mapping, Yield Data Interpretation, Soil Potential for Variability Management in fields, Zone Management for VRT fertilizing, Tillage, Fertilizer Recommendation & effective Root Depth and Water Capacity
Onsite Services include Leaf Sampling, Crop Inspections, Macro Analysis & Trace Elements, Water Analysis & Drainage Evaluations
Optimum Decision on Crop & Fertilizer Management, Soil Reclamation, Use of resources, Nutrient Deficiency, Pest and Residual Diagnosis and other parameters
Estimation of potential yield, spatial & temporal distribution of yield Best water reclamation practices, irrigation quality assessment,
scheduling.
Advanced Smart Grid Solution for load forecasting, control and estimation
VISION WHAT WE DO CLIENTS TEAM IMPACT OPPORTUNITY
MatrixSMART GRID
Analytics Platform integrating Remote Sensing, Yield Mapping & Technology
VISION WHAT WE DO CLIENTS TEAM IMPACT OPPORTUNITY
Precision Farming Solutions
Services
Benefits to Farmers
Online Services include Soil Chemical Mapping, Yield Data Interpretation, Soil Potential for Variability Management in fields, Zone Management for VRT fertilizing, Tillage, Fertilizer Recommendation & effective Root Depth and Water Capacity
Onsite Services include Leaf Sampling, Crop Inspections, Macro Analysis & Trace Elements, Water Analysis & Drainage Evaluations
Optimum Decision on Crop & Fertilizer Management, Soil Reclamation, Use of resources, Nutrient Deficiency, Pest and Residual Diagnosis and other parameters
Estimation of potential yield, spatial & temporal distribution of yield Best water reclamation practices, irrigation quality assessment,
scheduling and fertigation.
11
Big Data Platform integrating Crop Analytics / Forecasting and Advisory
VISION WHAT WE DO CLIENTS TEAM IMPACT OPPORTUNITY
WeatherZilla ®
Hadoop Cluster
Multi Disciplinary Technology Expertise powering diversified RISK PRODUCTS
VISION WHAT WE DO CLIENTS TEAM IMPACT OPPORTUNITY
Smart Devices& Technology(20% of revenue)
3Automated Weather Stations
Vehicle Tracking & Fuel Monitoring Systems Only 5% of commercial vehicles are covered by insurers We have installed 6000 devices Geofencing / Live Mobile Tracking / Temperature Alerts … Fuel Monitoring Devices …
Smart Energy Irrigation Controllers & Energy Meters
IndiaLargest Private Network
AfricaTanzaniaRwandaZambiaMozambique
AsiaPhilippinesCambodiaBangladeshSri Lanka
Designed & Manufactured in IMD & ISO certified facility
Dashboard & Services Integrated AWS expansion projected: 2 – 40x per state
VISION WHAT WE DO CLIENTS TEAM IMPACT OPPORTUNITY
Advisory board
VISION WHAT WE DO CLIENTS TEAM IMPACT OPPORTUNITY
EXECUTIVE TEAMVijay MahajanMentor Founder & Chief Executive OfficerBasix Social Enterprise Group
Dr. AK BohraDirectorWeather Scientist and Former DirectorNational Centre for Medium Range Weather Forecasting
Pankaj KhandelwalDirectorChairman & Managing DirectorINI Farms
Dr. Kanti PrasadDirectorWeather Scientist and Former Dy. Director GeneralIndian Meteorological Department
Dr. BV PhaniDirectorProfessor / FinanceIndian Institute of Technology - Kanpur
Dr. Jayant K. SinghTechnology AdvisorProfessor / Chemical EngineeringIndian Institute of Technology - Kanpur
Passionate and Diverse Team 101 people with expertise in:
TEAM WRL
Financial RISK MANAGEMENT
Computer Science
METEOROLOGY
Atmospheric Physics
Climatology
ELECTRONICS & Industrial Design
Sonu Agrawal, 39Founder & Managing DirectorWeather & Climate Risk PioneerIIT Kanpur and IIM Calcutta Alumnus
Anuj Kumbhat, 38Chief Executive OfficerFinance and Management SpecialistChartered Accountant
Ashish Agarwal, 31Chief Technology OfficerElectronics and Technology SpecialistIIT Kanpur Alumnus
VISION WHAT WE DO CLIENTS TEAM IMPACT OPPORTUNITY
CB MehtaIT Head
Rizwan AnsariVTS HeadAmit Sharma
Regional Head
Amitava GuptaRegional Head
Nagendra S. TiwariManufacturing
Pardeep SinghAgro Services
TEAM WRL
Sonu AgrawalMD
Anuj KumbhatCEO
Ashish AgarwalCTO
Tanu KumbhatMarketing
Aparna GuptaConsultant
Ankit AgarwalAWS Head
Mosleh AhmedSenior Consultant
Sudhir SailanSenior Consultant
Corinna MullerConsultant
Representative Case Study
Late Blight is a lethal potato disease. In 2006 PepsiCo contract farmers lost 60 % of their crops due to this bane. We helped PepsiCo provide risk management to over 10000 farmers in Punjab.
VISION WHAT WE DO CLIENTS TEAM IMPACT OPPORTUNITY
Cholamandalam is a leading Indian general insurance company. In 2011 Weather Risk was hired to help structure Weather and Yield Index based Crop Insurance Products.
VISION WHAT WE DO CLIENTS TEAM IMPACT OPPORTUNITY
Representative Case Study
Since 2007 we have helped ICICI Lombard implement a joint nationwide weather and agriculture Insurance market making and strategic development exercise.
VISION WHAT WE DO CLIENTS TEAM IMPACT OPPORTUNITY
Representative Case Study
We have helped ~ 5000 farmers covered by SAFAL access better insurance and information for risk as well as equipped their logistics system to track over 2000 Trucks and Vans.
VISION WHAT WE DO CLIENTS TEAM IMPACT OPPORTUNITY
Representative Case Study
We have helped transform Sowing Failure Insurance for farmers covered by Mahyco providing comprehensive risk management with a first of its kind product in India.
VISION WHAT WE DO CLIENTS TEAM IMPACT OPPORTUNITY
Representative Case Study
We have helped Bayer face the challenge of insufficient data availability and develop an innovative Cloud Cover product helping to insure seed crop during pollination under cloudy conditions.
VISION WHAT WE DO CLIENTS TEAM IMPACT OPPORTUNITY
Representative Case Study
Working closely with Ford Foundation & ILO we established that micro-insurance for smallholder farmers can be made commercially viable and sustainable covering 20000 farmers across India.
VISION WHAT WE DO CLIENTS TEAM IMPACT OPPORTUNITY
Representative Case Study
For two of India’s largest power distribution majors in Delhi & Mumbai we are helping derive significant savings, planning efficiency and the ability to look ahead for weather impact on load and demand.
VISION WHAT WE DO CLIENTS TEAM IMPACT OPPORTUNITY
Representative Case Study
For two of India’s largest power distribution majors in Delhi & Mumbai we are helping derive significant savings, planning efficiency and the ability to look ahead for weather impact on load and demand.
VISION WHAT WE DO CLIENTS TEAM IMPACT OPPORTUNITY
Representative Case Study
VISION WHAT WE DO CLIENTS TEAM IMPACT OPPORTUNITY
Served 1 million farmers across Indiatransforming lives and agriculture
Bailed 500,000 farmers struck by natural disaster
Catalyst for the growth of Crop Insurance in India from 300 Cr to 5000 Cr in 10 years creating employment for ~10000 people
Sandeep Bakhshi ICICI
Rakesh JainReliance GIC
Alok AgarwalICICI Lombard GIC
ENDORSEMENTS
Dr. Nachiket MorReserve Bank of India
Ritesh Kumar HDFC ERGO GIC
Rajive Kumaraswami SCOR Reinsurance
Dr. Ajit KanitkarFord Foundation
Ved SheshadriCholamandalam GIC
Pranav PrashadInternational Labour Organization
Social Impact in India
Bihar / Jharkhand•20 Stations•2 Person Team•Collaborating with key stakeholders for Crop Risk Management and Farm Risk Management
Chhattisgarh30 Stations
Haryana•15 Stations•Working with contract farming companies for Farm Risk Management
Rajasthan•200 Stations•5 Person Team•Crop Yield Monitoring
Uttar Pradesh•Manufacturing and IT Team of 30 People•60 Weather Stations
Madhya Pradesh5 Stations
West Bengal•100,000 Farmers•15 Marketing Managers•100 Agents•50 Weather Stations•Farmer Call Center
VISION WHAT WE DO CLIENTS TEAM IMPACT OPPORTUNITY
Social Impact in India
10 year history of credibility with key market players. In position to address a 10000 Cr. market with 3 – 10 % earnings in the next 4 years.
VISION WHAT WE DO CLIENTS TEAM IMPACT OPPORTUNITY
Weather Insurance: INDIA
5000 Cr. Current Insurance Market Size Slated to reach 10000 Cr. In 4 Yrs.
500 Cr. Our current share of market Few comparable players
3 - 10 % Our percentage earnings % depends on scope & volume
Hot Opportunities We serve 25% - 100% of their portfolio We can grow with their portfolio
Emerging Opportunities Already a client for other services Discussions underway for underwriting
Out of 200 districts covered by Weather Insurance we do 40 The Opportunity is both UPSTREAM and DOWNSTREAM
Rapidly growing global footprint and discussions underway in ASEAN, Africa, Europe and China.
VISION WHAT WE DO CLIENTS TEAM IMPACT OPPORTUNITY
Weather Insurance: GLOBAL
Africa RSA Zambia Tanzania Mozambique Rwanda
South Africa1500 Cr.
PR of China5000 Cr.
Sri Lanka500 Cr.
Cambodia100 Cr.
Latin America5000 Cr. ???
We have a strong footprint & a global team in place
ASEAN Cambodia Philippines Bangladesh
Global Demand driven by climate change programs of the World Bank, IFC, UNFCC, ADB … Market set to cross 50,000 Cr. in 5 years
The Climate Corporation case study is a global benchmark for what we do and our potential in DATA
VISION WHAT WE DO CLIENTS TEAM IMPACT OPPORTUNITY
DATA Services & Analytics
Leverages weather data to provide insurance to farmers to lock in profits even in case of drought, rain or other adverse weather conditions.
Combine Big Data, Climatology and Agronomy to address the $3 trillion global agriculture industry from increasingly extreme weather.
Raised nearly $110 million to date from:Khosla Ventures / Google / New Enterprise Associates / Index Ventures / Allen & Company / First Round Capital / Atomico / Code Advisors
In October 2013 Monsanto acquired the company for $1.1 billion
We have everything in place to beat the Climate Corporation story
Our Data Services & Analytics Solutions has potent implications not only in weather but as well as in the power sector
Power Sector We support them for Delhi & Mumbai
Discussions underway for other
demand & supply analytics : India/EU/NA
Discussions underway with Monsanto competitors like Bayer Target Indian agriculture in a big way with FPOs and contract growers like SAFAL
In Smart Devices we are focused on two verticals: Automated Weather Stations Vehicle Tracking & Fuel Monitoring Systems
VISION WHAT WE DO CLIENTS TEAM IMPACT OPPORTUNITY
Smart Devices & Technology
AWS PAN India Network HYDRO, APDRP
Rapidly growing presence: Africa / SEA
Vehicle Tracking & Fuel Monitoring SystemsOnly 5% of commercial vehicles are covered by insurersWe have installed 6000 devices Discussions underway with 2 major insurers for 200,000
WMO has recommended 1 Weather Station for every 25 km2 globally
Industry Leader & PioneerVISION WHAT WE DO CLIENTS TEAM IMPACT OPPORTUNITY
Competitive Edge
Direct Competitors : Skymet• While retaining similar forecasting abilities and an international footprint, most
direct competitors do not maintain an integrated capability in Insurance & Underwriting and Analytics & Big Data.
• Better funded than WRL Institutional Competitors : NCMSL, IMD• Competing only in the DATA space Target Competition: Climate Corporation• Strong Analytics and R&D capabilities geared for mature market like the US.
Weaker than WRL integrated capabilities. WRL alternative YOURFARMINFO is more relevant for the larger global market in Africa and Asia.
• Acquired for $1 Billion.
International Insurance BrokersSpecialized in broking alone. Business Development competition only. We have won against them in multiple accounts.
Strong Research FocusVISION WHAT WE DO CLIENTS TEAM IMPACT OPPORTUNITY
Research Edge
High order R & D ecosystem with research institutes with several initiatives to evolve our products- Sensing Systems, Geo-forecasting, Big Data algorithms, Energy Efficiency
Collaborations with leading universities• Indian Institutes of Technology, IISc : New Sensor Technology• In discussions with Stanford & Rensselaer Polytechnic Institute – Big data algorithms• Senior Academia working on improving solutions: Dr. Jayant Singh / IITK - working on sensors to
capture soil data & Nano Sensors. In discussions with CSEM, Switzerland for Big Data• Now Casting Products with NCMRWF, Agriculture Research with ZedEx
Internal Manufacturing for Price Efficiency Supporting the entire crop insurance value chain Partners – ZedEx / INIFarms / SAFAL• Helps engage with insurers better• Better margins for insurers due to our integrated approach
Working directly with major reinsurers for capital market solutions
StrengthsVISION WHAT WE DO CLIENTS TEAM IMPACT OPPORTUNITY
Investment View
Robust Financials & Capabilities• 2013 - 2014 : 1.2 Cr PAT on 7.2 Cr• 2014 - 2015 : 20 % PAT on 12 Cr projected• Business Model and Financials built painstakingly in a tough regulatory regime• Integrated Capabilities : Big Data, Manufacturing, Technology & Underwriting• Consistent PAT performance : 15 - 20 %• Strong Client References & Global Footprint across India, Africa, Europe and ASEAN
– India : We work with almost all serious players– Worldwide : Strong Credibility with major Reinsurers and Multi Lateral Agencies
• BIG DATA Architecture in place
Target Growth : INR 100 Crores / US $ 20m in 4 years
• Underwriting & Insurance : Expand share from 2 - 5 % of 500 Cr. to 3 - 10 % of INR 10,000 Cr Premium
• Big Data & Analytics : Insurance Companies / Power / Retail• Mega Opportunities : Vehicle Tracking, YourFarmInfo …
Target GrowthVISION WHAT WE DO CLIENTS TEAM IMPACT OPPORTUNITY
INR 100 Crores in 4 yearsUnderwriting & Insurance : Expand share from 1 - 5 % of 500 Cr. to 3 - 10 % of INR 10,000 Cr Premium.•Weather Risk is graduating up the chain rapidly. Targeting increasing reinsurance, retrocession & advisory fees•Broadening base in insurance broker & loss adjustor segment
Big Data & Smart Devices•Vehicle Tracking & Fuel Monitoring Systems : Expand business from 6000 vehicles to 200,000 vehicles via bundling with motor& marine insurance•Big Data & Analytics : Smart Grid [Power] and Precision Farming [Agriculture]. Increase business from 10 clients to 120 in India and other markets
Target Growth
Target Social ImpactVISION WHAT WE DO CLIENTS TEAM IMPACT OPPORTUNITY
Target Social Impact
Target Social Impact Cover 10 million farmers under crop insurance in the less developed states of UP, Rajasthan, MP, Jharkhand, Orissa, Bengal and Bihar
Install 5000 Stations & engage 500 Agri Surveyors
ACCUFARM ® Services for these regions in collaboration with FPOs / SAFAL / Pepsico / Bayer CropScience
GP level online Agri Information Systems
Direct employment to 2000 people in focus states and state of art online
Kanpur - State of Art Factory & Data Center with 150 HW / SW engineers
VISION WHAT WE DO CLIENTS TEAM IMPACT OPPORTUNITY
2007 – 08 2008 – 09 2009 – 10 2010 – 11 2011 – 12 2012 – 13 2013 – 14 2014 – 15
0.7 Cr1.7 L
0.8 Cr0.5 L
0.9 Cr3.7 L
1.0 Cr1.7 L
2.17 Cr21 L
1.40 Cr3.5 L
4.20 Cr*7 L 7.0 Cr*
0.11 Cr0.5 L
0.41 Cr2.0 L
0.41 Cr1.0 L
0.64 Cr2.6 L 2.0 Cr*
1.80 cr1.5 L 2.6 Cr*0.91 Cr
(23.9) L
Weather Risk Ingen (AWS) IESPL |(VTS)
Past Financials
0.90 cr1 L
* Including earned but not invoiced in the same financial period
Investment View
VISION WHAT WE DO CLIENTS TEAM IMPACT OPPORTUNITY
Past Financials Investment View
VISION WHAT WE DO CLIENTS TEAM IMPACT OPPORTUNITY
Financial Projections Investment View
2004 2006 2008 20102004 2006 2008 2010
Founder Funds0.1 Cr
0.15 CrSIDBI Seed FundIncubation at IIT Kanpur
Ford Foundation0 .75 Cr
0.75 CrILO
SIDBI Project Finance 1 Cr
2005 2007 2009 2005 2007 2009
1 CrICICI Lombard
Substantial Founder Investments & Opportunity Costs over 10 years to create intellectual property assets
• Quasi capital = INR.2.5 Cr
ILO + Ford ICICI Lombard
• SIDBI Project Finance= INR 1 Crbeing repaid
• Current Reserves: INR 1.5 Cr
VISION WHAT WE DO CLIENTS TEAM IMPACT OPPORTUNITY
Current Investments Investment View
12 Cr REV
1.2 Cr PAT
2014 2015 2016 2018
100 Cr REV
in 4 years
Expand presence to ~100 districts in India
Appoint consultants to explore and
service clients in key global markets
Gear up manufacturing,
software & analytics
Manufacturing & Data Center ramp up
Expand to 250 districts
Project Offices and staff in other
countries
INR 12 Cr24 Cr PAT
Global Scale Up
VISION WHAT WE DO CLIENTS TEAM IMPACT OPPORTUNITY
INR 12 Cr INR 6 Cr
Usage of Funds Investment View
Funding Required: INR 30 CrWorking Capital Finance: INR 6 CrFunds to be used in focus states: INR 24 Cr
Valuation: Multiple of 7 – 8 on FY 2014 – 15Exit Proposal
• Business Solution Provider: TCS / INFOSYS / IBM• Insurance Specific Funds
Allianz Telematics / Leapfrog / Reinsurance Brokers / Hedge Funds
• Agriculture Specific Funds
VISION WHAT WE DO CLIENTS TEAM IMPACT OPPORTUNITY
Terms / Exit Investment View
Process in place to target revenue in the order of INR 12 Cr and upwards for this fiscal
Meanwhile we will put larger contracts in place, so as to secure INR 60 – 70 Cr of revenue by 2019
Key people to be recruited have been identified Scaffolding for scale up in place
• New factory and data center place identified• Big data architecture being put in place with
advanced solutions Merger of 3 companies
Formation of promoter block, due diligence
VISION WHAT WE DO CLIENTS TEAM IMPACT OPPORTUNITY
Road Ahead Investment View
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