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CHALO Technologies Ltd. A Silicon Valley, USA & Taiwan Invested company

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CHALO Technologies Ltd. A Silicon Valley, USA & Taiwan Invested company

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

CHALO Bondhu

Pricing: On-Demand : Base fare TK. 25 Per Minute TK. 2.5

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

Featured in Daily Ittefaq

Featured in Dhaka Tribune

Featured in Tech In Asia

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..

calo

Thank you