Event Management Company Investment Opportunity in Coimbatore, India
Established | 1-5 year(s) |
Employees | 2 - 5 |
Legal Entity | Private Limited Company |
Reported Sales | USD 20.3 thousand |
Run Rate Sales | USD 243 thousand |
EBITDA Margin | 30 % |
Industries | Leisure and Recreation + 1 more |
Locations | Coimbatore |
Local Time | 6:49 PM Asia / Kolkata |
Listed By | Business Owner / Director |
Status | Active |
- Our community brings together a diverse group of automobile enthusiasts to foster excitement and connectivity.
- We offer thrilling experiences like road trips, exclusive gatherings, and expert guidance, creating unforgettable moments for car lovers.
- Our focus is on cultivating a passionate community with recurring membership plans to ensure consistent engagement.
- We generate revenue through subscription plans for individuals joining our vibrant community.
- By collaborating with multiple industries, we expand our revenue streams beyond the automotive sector.
- Partnering with brands for event collaborations is a key aspect of our business model.
- We host regular meetups and events, fostering bonds among members and boosting brand visibility.
- Ticket sales for these events are an important revenue stream.
- We provide members with exclusive deals and services for sourcing and purchasing automotive products, earning commissions from these facilitation efforts. Currently, we have a member network of 3,500+ across 20+ cities contributing to 74% of our revenue.
- We plan national and international trips tailored to car enthusiasts, generating revenue through participation fees and sponsorships.
- We organize exhilarating on-track and off-track events, offering thrilling experiences and attracting revenue through participation and sponsorships.
- Our range of branded merchandise resonates with the community and reinforces our lifestyle identity.
- As the first automotive tech startup in the region, we leverage convenience as our key offering.
- We have rapidly gained traction, achieving milestones that have inspired similar startups to emerge.
- Our lifetime revenue includes earnings from premium memberships and events, and we currently have over 500 individuals waitlisted for premium membership.
- We have temporarily paused onboarding to ensure seamless scaling during this period of growth.
- Despite the pause, we continue to receive daily inquiries for premium memberships, reflecting the strong demand for our platform.
- Our social media following has grown significantly, with an active base of paid members and registered participants.
- In just a short time, our events have reached a large audience and created substantial brand exposure.
- Our three successful events generated significant revenue, with key contributions from memberships, sponsorships, and ticket sales.
- Company has a valid COI.
- Owners have over 5+ years of experience in this industry.
- We are also partnered with event management companies to facilitate our events, hence the low employee count.
- We were only operational for 1 month in the previous year, hence a high growth in revenue can be observed this year.
- Regular networking and leisure events to connect and engage.
- Assistance with sourcing new and used cars tailored to member needs.
- Hassle-free repair and maintenance services for added convenience.
- Timely updates on the automotive industry, with a focus on cars.
- Unique driving experiences designed for enthusiasts.
Our members enjoy both experiential and monetary benefits across all these services.
The client base is car enthusiasts.
Electronic devices and 2 company cars.
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Earlier than 15 daysAdvisor, Hyderabad, Financial Consultant connected with the Business
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Earlier than 15 daysManager, IT Services, Bengaluru, Individual Investor / Buyer connected with the Business