2. PROBLEM
➢ In the POST COVID and highly mobile world which wants flexible working
options, finding workspaces which are CLOSE TO HOME is the need of the
hour .
➢ Every startup needs to spend countless hours , energy and money to
find ALL services needed in order to go online . There is NO ONE STOP
SOLUTION.
➢ There is no company offering PERSONALIZED SPACE SOLUTIONS to any
startup or corporate . Apart from drop in and choose from the coworking
spaces , no venture is providing personalized , managed office spaces as per
the budget , needs , location specification of any startup.
3. SOLUTION
Flexter.work : PAN India Co-working Space
aggregator
- Flexible workstation availability PAN India .
- MAP based display for ease of finding
LOCATION BASED SPACES.
- Daily , Short term , long term options
available .
- Meeting room availability .
- No hidden fee/no membership fee.
- Book on the go .
4. COWORKING SPACE Future : A Study
A joint report from CoworkingResources and Coworker.com — The 2020 Global
Coworking Growth Study — suggested the following growth pattern for coworking
and flexible space:
● The number of coworking spaces worldwide is expected to more
than double by 2024, and surpass 40,000.
● In 2020 the coworking market is forecasted to grow at around half the
rate as the previous two years, due to the coronavirus.
● However, the study expects growth to rebound from 2021 onwards,
with a yearly growth rate of 21.3% until 2024.
● Around 5 million people will work from coworking spaces by 2024,
an increase of 158% compared to 2020.
It is estimated that by 2030, 30% of all office space will be flexible.
7. COWORKING SPACE Future : A Study
Based on all study , data analysis
and trends , it is imperative that
Flexible workspaces/Coworking
spaces are the future of office
spaces.
Globally, the estimates put the
market value of flexible workspaces
at $26 billion.
(Allwork.Space)
9. Flexter Features
These are the features of Flexter which makes it a preferred choice :
❖ Personalized options for big teams. [Average Profit per deal : Rs 1 Lakh)
❖ Choose based on location , price , duration (half day , full day options) .
❖ FREE 2 full day workstation access every month.
❖ B2B and B2B2C deals with Corporates for employee flexibility.
❖ Identify clusters in residential spaces and set up spaces for Corporates.
❖ Extend late hours to students at cheap rates to maximize profits for CWS.
❖ Set up Meeting rooms at Airports (Hotels) to decrease travel time for out of
station meetings.
❖ Make spaces available for Weekend Meetups .
10. Flexter Future Plans
These are the future plans for Flexter
- Tie up with every Startup/Corporate to provide personalized space needs .
- Extend flexi seats booking to Corporates /Startups via Corporate Accounts.
- List Jobs, News , Freelancers, Services , Trainings, Events .
- Create (paid) Alert emails , messages to all Real Estate Agents for
personalized Workspaces.
- Have daily news , Podcast , VBlog regarding Tech/Startup news
To be the Startup one all APP in a nutshell .
11. Flexter Comparison to other CWSA
Parameters Flexter MyHQ QDesk CowrksGo
Daily Pass
Meeting Room Pass
0 Monthly charges
Free usage
Personalized Workspaces
Access to Corporates,
Freelancers, Students
0 Marketing cost
13. Flexter SWOT analysis
Strength Opportunity
- Early entry in market
- Deep knowledge of CWS
- Minimum Marketing budget
- Easy scalability
- Need for less , high skilled staff
- CWS to decide their cost
- Little operational cost .
- No real competitors given the speed
with which we can scale up
- No FREE monthly space provider
- Can easily cover ALL of India in 2
months .
- No other Aggregator has managed to
ramp up so fast .
Weakness Threat
- Need to be more aggressive in the
Market .
- Need to create a brand .
- Need a team .
- International clients may be deferred
due to Corona Virus.
- Local clients may be deferred due to
inter city travel.
14. Flexter Team
Anubha Sinha - CEO and Founder
IIM Ahmedabad MBA , Welham Girls , Dehradun
Linkedin Profile Link: https://www.linkedin.com/in/anubhasinha/
➢ 16 + Years work ex .
➢ Last startup Uncube (Coworking Space Aggregator) was
successfully acquired by Cowrks.
➢ Work ex across US , Singapore , UAE , Europe.
➢ Last 10 years in Sales, BDM role.
➢ Knowledge of technology , Analytics , Data Architecture.
➢ Great Network , Oratory and Intra personal skills.
➢ Experience of leading team of 100+ employees , across
various locations.
NOTE : I have refused to take on any COFOUNDER as I am capable of leading a global team with
rights employees.
15. Flexter : Idea, Business Model , Revenue , USP
Sr. No Type Details
1. B2B Revenue Share in providing Managed office Spaces to
Startups,companies.
Minimum Ticket Size : Rs. 1 lakh INR (Profit).
2. B2C Revenue Share in daily workspace , meeting room .
3. B2B2C Revenue Share in Corporate accounts for employees
booking daily , flexi seats.
4. Training Revenue share in training Room Booking.
5. Workshops Revenue from Holding workshops in cities.
6. Events Revenue share in all Events tickets sold. Money for
promotion of events .
16. Flexter : Idea, Business Model , Revenue , USP
Sr. No Type Details
7. Advertisement Paid content . Advertisements.
8. Ecommerce Rev
Share
Revenue Share for daily E Commerce revenue Share.
9. Promotion Promotion Revenue for any Space/Service.
10. Alert Monthly
revenue
Set up an alert bills for every new requirements .
11. Annual Event Ticketed annual event with Sponsor revenue.
12. Inhouse Courses Come up with 1 day /2 day workshops trainings .
17. Milestones
Show where you are in the process and what’s left to tackle
June 2020
Company Launched
July 2020
First Customers After
lockdown. Revenue Rs.
18,000. MAU : 18 . B2B
Clients : 4
Aug 2020
Revenue : Rs 1,23,600.
MAU : 23. B2B Clients : 12
Jun July Aug Sep
Milestones Mile
Flexter : MileStones : Revenue and Clients
Sep 2020
Revenue Rs 2,36,800
MAU : 83 . B2B Clients : 33
Lockdown Revenue
New B2B clients
onboarded : 17
New deals
completed : 8
News B2B2C
customers initiated :
21
18. Flexter : MAU /Active Clients (figures in thousands)
19. Flexter : Revenue/ Cash Burn Ratio
All
figures in
thousand
Jul Aug Sep
Rev
18,000 1,23,600 2,36,800
Opex
15,000 20,000 20,000
Operating
Profit
3,000 103,600 216,800
Cash Burn
-3,000 -83,600 -196,800
20. Flexter : Future Strategy
Flexter : High Level Projections
➢ Generate revenue of INR 3,00,00,000 within 2 year .
➢ To have MAU of 2,00,000 .
➢ To liaison and to tie up with top 50000 startups and top 1000 listed
companies.
➢ To sell at least 50000 seats for flexi seating , averaging Rs.
2,00,00,000 in revenue.
➢ To have active MAU of 2,00,000.
21. Flexter : Investment Needed
Seeking funding of INR 10,00,000 , Ten CR (for 20% Equity)
➢ Fund Utilization : Operation 40% , Technology 30% , Marketing &
Sales 30% .
➢ Exit Strategy : Meetup.com , which only does meetups /Events,
was acquired for 200 Million USD . Flexter are 20 times over.If we
can onboard all the workspaces globally , we will be on the same
lines as AirBnB ,Uber ,global Apps.
➢ Seed Funding : Self funded .
NOTE : Patent has been filed at Delhi to patent the design of the website and
App having all such facilities in a coworking space aggregator.
