Waiting for the world to change R Magesh
venture - a grassroots
effort to aggregate
Art of young artists
from across the
country and to enable
a platform to
showcase and promote
Time Udit Kulukshetra
We have no Vision
To make the selling and buying of real art from real
artists an enjoyable and exhilarating experience, right
at your fingertips – without the legwork. www.artflute.com
…we do have a mission!!
It is, to make the journey to our Vision…
… a fun ride Ravi Kumar
Why do we want to do
Only 5% of the artists get a chance to continue their work,
galleries cartelize their pricing…
… and don’t offer them a level playing field!
Economic compulsions drives them to different vocations.
Why?? R Magesh
A buyer too faces challenges…
While he has the money to buy,
He shy’s away from typical galleries,.
Due to lack of knowledge,
and fear of inflated pricing.
He is also limited to select,
Only from the artists that the gallery promotes.
Contemplation Yogini Ghatpande
We are not promising you,
that we will change the world !!
But we promise ourselves…
To take Art out of the hands of the elitists!
My world Shefalee Jain
Market - Size & Opportunity
• “The Indian Art market is the 4th largest and the most positive art market in
the world” - Fortune
• “The Indian art market has grown from INR 30 Cr and is currently pegged
at INR 1750 Cr over the last 7 years” - Christie’s Auction house, London
• “The market size in China, is more than INR 7500 Cr” - NY Times
• “15-20% of buyers at any Indian art auction today are international” -
• Over 80 percent of the investors invested in art for the first time
• Average selling price at Western auction houses
Indian Art - INR 50 Lakhs
Chinese and Indonesian art - INR 2 Cr
India Art - Performance as an investment
Average appreciation in value of paintings by 50 artists over a period of 5 years
Source: Economic Times
Value, Benefits & Secret Sauce
• Complete pricing transparency for buyer and seller.
• An opportunity for artists to monetize from prints for a lifetime.
• An opportunity for artists to scale globally.
• Automated self-standing, robust and scalable platform.
• First of it’s kind Art market intelligence.
• Intangible benefits for artists and buyers.
• Domain experts in art and internet, working with a great team and
the passion and gumption to succeed