Luvstay
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LuvStay is a Delhi-based startup that operates an online platform allowing couples and travelers to easily book hotel rooms with flexible timings and shorter stays. The platform addresses key issues like the difficulty of booking rooms with local IDs and the lack of standardization and respect for couples in many hotels. It has grown significantly since launching, with increasing customer acquisitions, website traffic, number of hotels and cities covered. The founders are experienced professionals seeking funding to further scale the business through expanded marketing, brand visibility, customer acquisition and revenue growth.
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Luvstay
- 2. WHAT IS LUVSTAY? LuvStayis a Delhi based start-up LuvStay is a platform where couples and travellers can book room with ease and hassle free. Any Class of hotels, Any Day Any Night . Time Flexibility and shorter stays. A platform that facilitates thejourney of Couples .
- 3. KEY INDUSTRY ISSUES Booking a room with local identity is a common problem in thecountry Price & room services standardization is a big issue when couples wants an isolation from rest of theworld Social ¡®taboos¡¯are predominant as most of the hotels either do not respect or exploit the couples in the name of such taboos
- 4. LUVSTAY SOLUTION LuvStay is an online platform allowing married/ unmarried couples andgeneral travellersto book rooms with local ID¡¯s The booking process is completely hassle free and accessible through website and mobile app. LuvStayallows users to book room with flexibletimings Users has the convenience to book rooms during the day,night as per the user¡¯s wants tostay
- 5. MARKET OPPORTUNITY Online hotel booking is estimated to be $ 4 Billion by 2020 (Source #GoogleIndia- BCG report) Total addressable market size 31 percent with a CAGR or 25% (Source #Google India-BCG report)- meaning every 3rd hotel booking will beonline Key drivers are location, review & content,word-of- mouth and mobileaccess Budget hotels are apreferred choice for over 49% of the users (Source GoogleIndia) Users in the age group 18-44 are most techsavvy.
- 6. CURRENT BUSINESS STAGE- LUVSTAY TRANSACTIONS VALUE IN MILLIONS Value oftransactions Q4 Q3 Q2 Q1
- 7. CURRENT BUSINESS STAGE- LUVSTAY CUSTOMER ACQUISITION 400 200 0 600 800 1000 1200 1400 1600 1800 2000 Q4 Q3 Q2 Q1 Number of customersacquired
- 8. CURRENT BUSINESS STAGE- LUVSTAY WEB TRAFFIC 0 50000 100000 150000 200000 250000 300000 350000 400000 450000 500000 Q4 Q3 Q2 Q1 Websitetraffic
- 9. CURRENT BUSINESS STAGE-LUVSTAY NUMBER OF HOTELS 0 50 100 150 200 250 300 350 400 Q4 Q3 Q2 Q1 TotalNumber ofhotels
- 10. CURRENT BUSINESS STAGE- LUVSTAY NUMBER OF CITIES OPERATING 0 2 4 6 8 10 12 14 16 Q4 Q3 Q2 Q1 Totalnumber of citiesoperating
- 11. HOWWOULD FUNDING SCALE LUVSTAY MARKETING BRAND VISIBILITY BRAND ALLIANCES CUSTOMER ACQUISITION 1000X REVENUES
- 12. WHY TOINVEST Hospitality segmentgrowth Gap in the supply and demand Price margin cut by hotelaggregators, taking away largermargins Price war among aggregatorslowering the inventory value
- 15. TEAM SUMIT ANAND CEO &FOUNDER Earned Engineering DegreeAtAmbedkar Instt OF Technology Proven Executive Management TrackRecord Over 8 Years Of Experience Driving Sales Growth in the variousindustry Prior to start LuvStay, was CMOat indishcrft.com Previously served in Jubilant IT,Modi Mundi Pharmaceuticals, Meros Technologies. KARAN MAGO COO &CO FOUNDER Earned Masters Degree In BusinessAdministrationAt KJSOMAYAINSTT Proven Marketing And Research Track Record Over 6 Years Prior to start LuvStay ,was Business Analyst at Evalueserve. Previously served KAPSONS, POWER2SME
- 16. TEAM NISCHALBHARDWAJ CTO& COFOUNDER Young ,Dynamic and Passionate ProductDesigner Hold Engineering Degree At Dr APJAbdul Kalam Technical Univeristy. He is PassionateAboutCreating Delightful Solutions. BASANT SANWAL CMO &CO FOUNDER He is an IIT Delhi Alumni specialization in enterprise & supply chain managementwith a graduation degree inscience. He has diverse marketing and consulting experience ranging from customer durables, retails ,distributions, online ventures across theglobe. He Has Worked In Over With 20 Start-ups & Scaled few of them
- 17. THANKYOU