Business Validation

Business Validation

1.      Competition exists within India. There is parallel and corresponding technology in use world-wide.







2.      Revenues Viability
    1. Interesting Viability Numbers:
      • 250,000 foreign tourists visited Qutub Minar in 2006
      • 2-3 MM Annual visitors to Qutub Minar (uncited)
      • 2006-2018 tourism growth in India @ 9.4% projected
      • Assuming a conservative 40% market penetration on 400,000 visitors @ INR 125 per app, and 60% operating profit margin on Revenue:
        • Revenue in first year: INR 2 Cr
        • Profits in first year: INR 1.2 Cr
    1. Revenue Streams
·         Application Download Charges
·         Referals
·         Merchandizing

3.        Prior bodies of work exist – using older technology and media



Do see the preliminary Business Model - viewable as a public Google Document