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CHALO Technologies Ltd.
CHALO is a Mobile Apps Based on-demand
Premium car service in Dhaka with Electronic
Payment System and Verified Passengers
and Drivers. Its an Uber / Lyft like business
Model which is new in Dhaka. CHALO
Technologies Ltd (Bangladesh) was founded
by investments from Desh Ventures INC.
(USA), which was founded by the same
founders as Chalo with investors from USA
and Taiwan.
M. Enayetur RahmanCEO, Ulka Semiconductors, California, USA
31 years of experience in the semiconductor industry in engineering management, strategy making, etc.
CHALO Advisors
Shak HossainTechnical Advisor and Investor. More than 13+ years of
Professional Experience in the areas of Software Development and Project Management in Silicon Valley,
California, USA.
Mark Rahman
30+ years engineering/business experience in Technology and an Angel Investor in Silicon
Valley.
Clyde Wu
Taiwanese Angel Investor having multiple investments in Silicon Valley, Japan, China
and newly in Bangladesh.
CHALO Advisors
Sayeem Ahmed
14+ years of accomplished and results-driven
Software Product Development and Quality
Engineering expertise at industry-leading
companies such as Ebay (PayPal), Microsoft corp.
and Real Networks (Real player) .
Muhammad HelalVice President Sales, MulticoreWare, Inc.
B.Tech (Honours) from Indian Institute of
Technology, Kharagpur. Have 25+ Experience
in Semiconductors Architecture.
Md. Zaker Hossain Khan, Head of Operation
Masters Major in Accounting from National University. 8 years experience in corporate
service and project management.
CHALO Team
Nazmul Hasan ChowdhuryQuality Assurance Officer
BBS Major in Marketing from National University. 7 Years
Experienced in Market Activation.
Tarek Mahmud, CTOB.S.C EEE in RUET.
Having 8+ yrs of exp. in architecting and developing scalable, enterprise ready web & mobile app. Worked in WNEEDS LTD., Appcito, Mobbazaar
Inc., Right Brain Solution Ltd
Jubayer HossainFulfillment Manager
BBA degree major in Finance and Banking . Completed Internship
from Islamic Bank Bangladesh LTD
Dewan Shuvo, CEOMBA in International Business from
Lincoln University. 10 Years experienced in online business management. Has
knowledge on Marketing, Management, Software lifecycle.
Dewan Jamil, Managing DirectorElectrical and Electronic Engineering, American
International University Bangladesh. 5 Years experienced in Business Operation in Dhaka.
Rakibul Hasan ChowdhuryFulfillment Executive
BBA from International University of Agriculture and Technology. 4 Years Experience in sales associates and
project executive
Md. MohsinCustomer Care Executive
BBA Major in Finance, Atish Dipankar University of Sci & Tech. 2 Months
Experienced in Call Center
CHALO Team
Tarikul Islam RathinCustomer Care Manager
BBA from Uttara University. 6 Years of Experience in
customer service and Call Center
Shabnaz KhanomCustomer Care Executive
Studying BBS(Hons) major in English from Tongi Govt. College. 3 Years of
Experience in Sales and CS.
Rabeya Akter NipaCustomer Care Executive
BBS(Hons) Major in Sociology and Anthropology from Asian University of
Bangladesh. 2 Years of Experience in the field of CS.
Sharmin JahanBusiness Development Manager
BSS degree major in Eco from American International University of Bangladesh. Fresh Grad completed 3
Months Internship.
Khaledur Rahman, Internal AuditorElectrical and Electronic Engineering,
American Int. University. 1 year experienced in International Business
CHALO Team
Iftekhar AhmedAndroid Developer
BSc in Software Engineering Institute of Information Technology, University of
Dhaka. 2 Years of Experience in Android App Development
Ahsan Uddin ShaonManager & Admin
Computer Science and Engineering (CSE) from Dhaka International
University. 6 years of experience of Office Management and Admin
Din Mohammad DeenAccounts Manager
Masters major in Accounting from Govt. Bangabondhu College. 4
Years of Experience as Chief Accountant
Noman SheikhOffice Assistant
2 Years of experience as Office Assistance
Md. Nasir Uddin Mandal Sr. Software Engineer
BSc in Electrical and Electronic Engineering, from Rajshahi University. Having 7 years of
experience in software development & Native Android App.
CHALO Sedan
Pricing: Pre- Reservation: 4 Hours TK. 1490 10 Hours TK. 2990 On-Demand : Base fare TK. 100 Per Minute TK. 7.5
CHALO Mini
Pricing: Pre- Reservation: 4 Hours TK. 990 10 Hours TK. 1990 On-Demand : Base fare TK. 50 Per Minute TK. 4.5
The Opportunity in CHALODhaka has around 17 million people but does not have any on demand car service like
UBER / Lyft. Our target is to be the First mover in the market, increase value of the CHALO
brand, get acquired by UBER or any other large company in 3 years.
In Dhaka, over 5 million people use smart phones , who commute using their own cars or
taxis. It is one of the hardest job for a passenger to get a taxi as it takes a long time to get
one and negotiate the fare . Dhaka has a huge demand for taxis based on population and
businesses and inadequate transportation services. Many people can afford rental cars
and taxis but very few are available when they need them. Only about 300 yellow taxis are
available for taxi service. Passengers are still using car rental companies where everything
is manual and there is no verification of Drivers/Passengers and no price controls. They
usually don’t know when they will get their cars, who is going to drive them and what will
be the fare.
Market Size
• 14.399 Million People in Dhaka city are using public transport (Source: Wikipedia)
• 300,000+ cars / Taxis registered in Dhaka as of Novembers 2014 (Source: BRTA)
• Conservatively, there are about 50,000 cars available for commercial use (taxi, cab,
rent a car etc) in Bangladesh. If each car generate revenue $60 each day, 50,000 car
generate $ 1,095,000,000 in a year.
• There are another 300,000 (approx) Auto Rickshaws / 3 wheelers in Bangladesh. This
is another big market we plan to enter after a year.
Note(*): We also have Professional Market survey report that reflects the Market size and potentiality of the project.
Direct Competition
Taxi Service Companies. Such as,•Rent a Car Providers•Toma Cab•Trust Taxi•Bdcabs•Taxiwala.com•TaxiBd
Professional 3 Wheeler Taxi (CNG)
Indirect Competition
The professional Rickshaw pullers who provide less distance transportation service.
Public Bus Services
Current Status & Achievements
1. CHALO is currently running on Development Stage.
2. We are everyday providing 10-20 rides. And in December, 2015 we had around $1000
net revenue from the fleet.
3. Currently we have 20 Staffs and our office overhead is $11000.
4. Total 60+ Cars on Fleet are available for corporate and on demand services as we get
more ride requests.
5. Registered as an on-demand car company in Bangladesh with limited liability
company along with all necessary papers to run the operation in Bangladesh.
6. 25 Corner Branded Stores all around Dhaka City. More thousand agents to come
within first quarter of 2016.
7. About 6000 registered verified passengers in CHALO website and 1,10,000 followers
in Facebook page.
8. CHALO has become a partner with City Bank, GIZ and Eastern Bank Limited to
provide corporate car service. More Banks and corporations are on the pipeline to
sign up more agreements.
Bike: People Plus Parcel Delivery CHALO is going to introduce Bike based transportation and delivery service to the country by
the first quarter of this year. The service will name as CHALO “Bondhu” service. Currently
many countries around to world is providing bike based services such as India, Thailand and
Indonesia etc. The Interesting thing is huge potentiality alike other countries but not introduced
the service yet.
The Bike based service includes:
Package Delivery Shopping DeliveryTransportation
CHALO Corner Store Branding CHALO has started Corner Store Branding Campaign for client acquisition and generate more
rides. Currently CHALO has 25 agents under pilot projects in different areas of Dhaka City. Each
store is working as a local marketer and customer care point to get the clients who are not
comfortable to get a car through app.
Similar campaign model currently followed by bKash
calo
Market Expansion Plan for CHALO in, 2016
CHALO Mobile Apps
600 CHALO Branded StoresAs like bKash
TVC/RadioNewspaper
BillboardSocial Media Marketing
Media Coverage
News Link:http://www.dhakatribune.com/tech/2015/jul/04/chalo
News Link:http://www.banglatribune.com/news/show/106387
News Link:http://techshohor.com/news/41956
News Link:http://bit.ly/1f58wZJ
News Link:http://www.samakal.net/2015/08/05/153391
News Link:https://www.techinasia.com/uber-grabtaxi-bangladesh-local-
startup-chalo-fill-gap/
News Link:http://bit.ly/1B6RIqu
CHALO @ BABA's event “Reception for US Ambassador to Bangladesh Marcia S. Bernicat and Congressman Mike Honda” on May 06, 2015 in Silicon Valley..
Public Relation
Sir Fazle Hasan Abed is checking CHALO App demo in the Silicon Valley event on 1st April 2015 in Silicon Valley..