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Levo - IAN

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Page 1: Levo - IAN
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LEVO is platform that allows air-travellers to connect with their co-passengers and seat themselves next to someone with whom

they would like to network with on their flight.

LEVO

Page 3: Levo - IAN

Problem Statement

There is immense talent that surrounds you, but there exists no way to discover it.

Flying alone is a tedious and boring experience

Air-travellers seek to meet new people, but rarely find like-minded co-passengers

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Solution - Levo

Levo helps air-travellers to make the most of their travel time.

It allows users to discover interesting people around them and make a new connection via a mobile platform.

The availability of the users at the same location and at the same time facilitates the conversion of the online,

virtual meet to a real, offline meet.

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Sign in with existing accounts Add travel itinerary

Levo - How it works (1)

Update Profile Information

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Connect with your profile matches via our

chat feature

Browse profiles of co-passengers and express your interest - like or skip

Levo - How it works (2)

Levo Check-in adjacent seats on the

flight to network!

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Market Validation - Levo Research

I would use it to Hire.

I speak too much about startups, I would love to talk to someone who I can learn

something new from.

I would love to meet other sports

people

I would love to tell people more about my city! I would love to meet

artsy people

There is a lot of churn in corporate, between networking and finding jobs,

I’m sure I’ll be happy to talk to someone in my vertical.

I usually can’t talk to passengers when I fly!

CxO

Startup Veteran

Sports personTraveller Musician Pilot

Corporate

Source: Interview conducted by Levo team at Bangalore and Mumbai airports

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19%!15%!

24%!21%!

32%!

21%!

0%!

5%!

10%!

15%!

20%!

25%!

30%!

35%!

Jetairways! Indigo ! Spicejet ! Go Air ! Air India! Air Asia!

Average Delay % !

Growing Opportunity

Source: Directorate General of Civil Aviation (2015)

Average Industry Delay: More than 20%

• 20% of flight guests spend more time at

the airport than they had planned for. • Last minute delays leave air-travellers

with very few options at the airport.• Levo takes advantage of this trend and

provides the traveller a window of

opportunities .

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Market Size

1 Source: Airports Authority of India, 2015 2 Ministry of Aviation, Government of India (2016) 3 Levo Research

139 million

Total number of domestic air-travellers in India (2015)1:

Expected number of air-travellers in India by 20202:

400 million

Percentage of air-travellersflying alone3:

70%

Average expected revenue per customer per trip:

INR 100

Current Market Value:

INR 9 billion+

Expected Market Value by 2020:

INR 28 billion+

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User Projections

Levo

Use

rs (A

ir-tr

avel

lers

per

day

)

Bangalore Mumbai Delhi

10536

9688

47845268

4844

2392 26342422

1196

10% Acquisition rate20% Acquisition rate40% Acquisition rate

Note: User acquisition is calculated for the number of air-travellers flying alone only Note: Bangalore, Mumbai and Delhi together account for 47% of all Domestic Air-travel in India

User Acquisition

Go to Market Strategy

Network Affiliations • Corporates• Startup ecosystem

YEP, TiE, Nasscom• AIESEC, BNI, Teach For India• Stanford Angels, Harvard Angels,

IAN

Airport Alliances:• Business Lounges at airports• Airport Vendors (HMS)• Airport Authorities

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Offline Networking Lounge

• A dedicated area at the airport terminal

for networking • Travellers can visit this area to meet other

travellers who are open to networking • Travellers can pitch their businesses to

other travellers and find synergies

Success Story: Paris Orly Airport• First and only airport networking lounge in

the world • Uses beacon technology to connect

people • Conducts weekly presentations about

start-up companies

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IAN - Value in Networking

Meet other Influencers Meet other influencers while on the go

without having the hassle of co-ordinating

time and location. Influencers also come

from Rotary and other HNI clubs.

Meet Interesting PeopleConnect with other people who are not from

the start-up ecosytem. The airport is full of

Human & Social Capital.

Work your brain cellsMeet budding entrepreneurs and hear

interesting ideas and business pitches on the

flight and at the airport networking lounge

Get exposed to other Angel communities Engage with other active angel communities

such as iSPIRT, Stanford Angels, Harvard

Angels, TiE, via the Levo platform. Perhaps

share insights on investments.

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IAN - Value in Giving Back

Career Guidance/ Counselling

Provide advice and mentorship• Influencers enjoy giving back to

community

• Be an industry veteran or a subject

matter expert and provide advice or

mentorship to the developing minds of

the country

• Open doors to new talent + startups +

investment opportunities.

Success Story: Clarity.fm A platform that allows users to connect

with influencers and gain advice for a fee

Promote your companies and investments

Use Levo to meet potential customers,

hires or business associates.

Be a part of startup pitch events

Success Story: Startup pitch zone at Orly airport (France)

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Growth Strategy

The Levo growth strategy is to follow the business traveller to all locations where he/she has pre-committed his/her time and seeks to network and make new connections.

PHASE 1

Airports & Airplanes

PHASE 2

Business Hotels

PHASE 3

Professional Events

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Team

Rahul MaheshwariCo-founder

Experience • Marble Centre • KPMG• RBS

Education• Babson College• Warwick University

Tarun LalaCo-founder

Experience • Fanzart• EMC• BOSE

Education• Stanford GSB Ignite• Northeastern University

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Team

Team:• Jaison Titus (Lead Developer)• Tania Jones (Strategic Alliances)• Jenell Lau (Content, Marketing, Digital)• Lenard George (iOS Developer)• Arun PP (Graphic & UI Designer)• Deepak Chaudhary (UX Designer)• Ashwin Shenoy (Web Architect)

Tech Advisors: • Tanmai Gopal (IIT Madras, Cofounder - 34 Cross, Hasura.io)• Ashwin Hegde (Carnegie Mellon University, Xendesk)

Advisors:• Akshay Kingar (Venture Builder, Foofys)

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Next Steps

CURRENT PROGRESS

• Developed UX, Developed UI

• Developed Android app

• Developing iOS app

• Building Alliances

Product Launch & Ops

Solution Demonstration

Solution Development

Technology Validation

REQUIREMENTS

• Strategic Business Partners

• Advisors: Industry Experts

• Seed Capital:

• Talent recruitment

• User acquisition