Polar is India's smartest ever household safe, Polar safes gives real time alerts on mobile app when somebody tempers or fiddles around your valuables. Polar is India's first its kind of safe coming with app connectivity. Polar safes are competitive in pricing with existing players and giving smartest of features in same or less price. Our vision is to give affordable iOT solution for next billion Indian household consumers.
2. A Team
Why we are the best to make this happen?
Nikhil Tiwari
“Started working early in age of 19”
Design enthusiast, UX & Product Strategist.
Winner of UI/UX championship 2015.
Launched Tourism App GoWhatsThat
by Petroleum Minister in 2018 presence in
leading Museums & tourist places
Video
Santosh Kumar
“Build social network at the age of 22”
10+ years of tech experience in SAAS products.
Participated in Robotic Championship @ Techriti IITK
in 2010
Created a social network in 2012 followed by
userbase od 15K global
Ex- incubation centre, Part of
Brahaspati Project with team of Professors
Akhilesh Tripathi
“Secured National Museum, Delhi antiques”
Hard core passionate about self made IOT products,
have a cool messy at home.
Served reputed government bodies like Red Cross
Society, Victoria Museum, Kolkata
Build proprietary access management for Red Cross
Sarai Chandigarh.
4. We all own valuable assets.
Every household has
• Jewellery
• Important Documents
• Emergency Cash
• Antiques
• Office Belongings etc.
We don’t want it to be stolen by someone in our absence.
Protagonist
Identifying the consumer
5. In every 3 minute a burglary, robbery or a break-in is taking place.
Cases of robbery, theft, burglary took place
• Year 2016 220 K
• Year 2017 244 K
^ Increasing with annual surge of 10 %
90% of the cases are not even reported due to personal reasons.
Data Source India Today & National Crime Record Bureau
Factual Plot
metrics from trusted Indian agencies
(Value
loss
in
billion)
(Year)
25 B
20 B
15 B
10 B
0 B
2016 2017
₹ 14.75 B
₹ 20.65 B
6. Initiated prototype on
January 27th, 2021
Team co-ordination
in pandemic
Prototype completed on
March 29th
Birth of an Innovation
Started a mission to protecting valuables
Efficient X Optimised X Innovative way
India’s first cloud connected safe vault
7. Primitive Technology
Every player are using inefficient technology, hence not building for
right use cases and right consumers.
Expensive
Current solutions are expensive, hence not fulfilling the demand
curve.
No Remote Connection
Devices are isolated at fixed place and user has no air about the
happening.
Problem
Why are we reinventing?
8. Solution
Model X, to be patented technology
Innovation in Space
India’s first cloud connected safe vault by Polar
Realtime Alerts & Communication
Sends alerts if someone is fiddling around,
via SMS, App Notifications and IVR Call for the critical times.
All time Connectivity
24X7 connectivity using proprietary algorithm with the owner
and sharing the alerts on frequency, which may customize by
user.
Key insert
Manual Tempering
Temperature
Motion, Dislocation & Movement
Door Open / Close
Prototype is completed, in discussion with a Delhi based legal
consultant to proceed for Patent Filing.
9. Mobile App
the new bridge to be assured
Buy vault & call for FREE installation
Connect with App using Device UID
Stay connected with Polar wherever you go
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2
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10. Market Validation
As per the reports from India Today & NCRB
In every 3 minutes
a burglary, robbery or a break-in
is taking place in India
(Cases
Reported)
(Year)
340K
320K
300K
280K
260K
240K
220K
200K
2015 2016 2017 2018 2019 2020
10%
Surge Yearly
Valuation loss of 14.75 Billion
Valuation loss of 20.65 Billion
Data Source: NCBR & India Today
11. Market Size
the new bridge to be assured
TAM
SAM
3% of TAM
Total Population of India
1.38 Billion
BPL Income Group - 270 Million
Middle Income Group - 350 Million
Upper Middle Class / Rich / HNI / UHNI – 760 Million
22.8 Million
12. Business Model
Revenue & growth expectation
Profit ₹ 10K Per Unit
Consumer Price : ₹ 22K
₹ 90 Subscription/month
First year FREE
Further ₹ 90.00 Per Month
₹ 228 Billion
*including manufacturing, transportation & installation at customer’s premise
3% of total addressable market
*Cost to Company: ₹ 12K
SAM
3% of TAM
13. Global IOT Market
how rapid is the GROWTH?
o In 2021, more than 10 billion active IoT devices.
o By 2030 active IoT devices will surpass 25.4 billion.
o By 2025, there will be 152,200 IoT devices connecting to the
internet per minute.
o Potential to generate $4-11 trillion in economic value by 2025.
o 83% of organizations have improved their efficiency by
introducing IoT.
o Estimation of global IoT spending will total $15 trillion in the
six-year period between 2019 and 2025.
o The consumer IoT market is estimated to reach $142 billion by
2026 at a CAGR of 17%.
o 94% of retailers agree that the benefits of implementing IoT
outweigh the risk.
14. Go to Market Plan
market adoption & product surfacing
Current stage - Pre-Launch
Jeweler Showrooms
Furniture & Home Utility Stores
Societies & Condominium
Marketplace & Websites
Placement of
Product in
B2C
Hotels & Corporates
Cash Enables Businesses
Education Institutions & Museums
Banks & Financial Institutions
Partnering
with
B2B
15. What all Polar can save
Used cases
Households
Museums
Hotels Banks
Showrooms
Shops
Schools & Colleges
Govt. Office