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DualSafe
1.
P riv ate
L imited World’s First Dual Headgear Where safety & convenience comes first S a f e t y H e l m e t s arvind.sethi@dualsafe.in Mobile: +91 99006 17790 www.DualSafe.in
2.
© 2023 to
present DualSafe Private Limited (DualSafe TM ) All Rights Reserved. Company Confidential Our vision is to enable safety & convenience at an affordable cost to all income groups who ride two-wheelers Our mission is to have the largest global presence in the headgear space by providing disruptive product models embedded with Smart features by 2028 Meet the team Anupama Sethi Arvind Sethi © 2023 to present DualSafe Private Limited (DualSafe®) All Rights Reserved. Company Confidential Sanandan (Sandy) Sudhir Founder & Directors Vision & Mission Technical Mentor Business Mentor Business Advisor Marketing Director Saurabh Mittal Gurmeet Singh Chawla Avi Sethi President & CEO - InventIndia Founder – QYON Advisor / Speaker / Entrepreneurship Evangelist MD, Master Portfolio Svcs Ltd. Co-Founder – TiE Chandigarh Co-Founder – Chandigarh Angel Network Founder & CEO Hotelier, Sales, Marketing and Branding specialist Director
3.
© 2023 to
present DualSafe Private Limited (DualSafe TM ) All Rights Reserved. Company Confidential The Problem Effectiveness of Two-wheeler helmets Involved In Accident Head Injuries Not wearing a helmet Wearing a helmet 28% 72% 78% 19% Data published on mortality across two sources for Year 2022 Surveys conclude that 40% of those killed (in 2022) were two-wheeler rider(s) with majority of them without helmets) • Above findings led MoRTH to increase fines & pass legislation to make helmets compulsory for rider(s) • Plans to enforce rule wherein Two-wheeler companies must supply BIS (Bureau of Indian Standards- IS4151) compliant helmets to their customers Riding a two-wheeler is unsafe without headgears especially when in an accident, but • Riders tend to forget / avoid wearing helmets resulting in serious head injuries and fatalities • One storage space limits one headgear to be carried resulting in pillion riders with no helmet NDTV reported appended data specific to kids / adults • Average of 20 children under the age of 14 die daily • Average of 377 deaths reported daily involving 2-wheeler accidents Data published on MoRTH official site (Year 2022) • Accidents reported involving 2-wheelers – 1,58,954 • Deaths of two-wheeler riders / passengers – 1,50,000 • Grievous injuries of riders / passengers – 3,84,448
4.
© 2023 to
present DualSafe Private Limited (DualSafe TM ) All Rights Reserved. Company Confidential The Product/Solution – Innovation highlights Is the answer to all problem statements Innovative solution A protective well-integrated helmet that converts into two in less than 10 secs and vice-versa Strong, safe, comfortable and per Industry Standards (BIS 4151) Guarantees extended life of the product as it is (or they are) either on head or in the boot This product category does not exist, so no competition Market verticals to target in phases – Automotive (Two- Wheelers), Mining, Construction, Oil Rigs etc.
5.
© 2023 to
present DualSafe Private Limited (DualSafe TM ) All Rights Reserved. Company Confidential DualSafe features Smart headgear - Advanced Model Digital (IoT) features Basic Model – Unique value proposition Uniqueness for Safety and Convenience Buy ONE and have second extracted when the need arises; Unique well-integrated design always provides TWO certified helmets 1. Intra-helmet communication, when extracted 2. Alarm for not fastening chin strap 3. Connectivity to mobile to hear GPS directions / music / calls & getting into conference calls 4. EV / Scooter S/W and firmware platform integration to hear messages via DualSafe 5. Camera on front to be used by defense personnel, Police Marshals, NHAI, CID, and bike enthusiast
6.
© 2023 to
present DualSafe Private Limited (DualSafe TM ) All Rights Reserved. Company Confidential Socio-Economic Impacts How? • Ultimate Safety Net - Setting a new standard of smart wearable gadget in the automotive safety industry, this pioneering headgear offers Comfort, Security and Convenience for both the rider and passenger • Economic Impact - Helmet splitting in two, ensures buying two helmets rather than one; Cost efficiency can benefit both consumers & organizations that provide helmets to their employees • Invention & Innovativeness – Would drive economic growth, create new jobs, and lead to the development of related industries and services • Behavioral impact - Two-in-one helmet can contribute to a positive perception of safety- consciousness • Safety of the Gadget itself - Both helmets in boot always hence protected from the harsh rays of sunlight, water from rain, sediments from wind and other natural causes Government initiatives & Adoption of SMART wearables: • Stringent road safety regulations laid down by Governments, and awareness enhanced regarding personal safety • Growing adoption of advanced wearable technology boosting the need further
7.
© 2023 to
present DualSafe Private Limited (DualSafe TM ) All Rights Reserved. Company Confidential Market OpportunityWithin India India is the largest manufacturer of two-wheelers with highest number of users in the world Approximately, 21 Crore two wheelers are in use in India • Stringent road safety regulations laid down by Governments, and awareness enhanced regarding personal safety • Growing adoption of advanced wearable technology boosting it further The Global Smart Helmet Market size CAGR of 12.0% during 2021-2026 Major factors driving the growth of the smart helmet market - 2021 INR 39,000 Cr. 2026 INR 1,09,000 Cr. Source: https://www.marketresearchfuture.com/reports/bike-helmet-market-8022 https://dataintelo.com/report/helmet-market/
8.
© 2023 to
present DualSafe Private Limited (DualSafe TM ) All Rights Reserved. Company Confidential Market OpportunityIndia • According to ICE 360° survey 2018, the proportion of two- wheeler owners has increased manifolds in Indian households. • A two-wheeler is the vehicle of choice for most Indians in their daily commute to work. 50.78% of Indians use a two- wheeler to reach work. One in three households in India owns a two-wheeler: Population owning a 2-wheeler Delhi-NCR Mumbai-Pune Hyderabad Bengaluru Chennai Kolkata 51.29% 40.58% 51.9% 66.27% 72.21% 22.46% Metro Regions
9.
© 2023 to
present DualSafe Private Limited (DualSafe TM ) All Rights Reserved. Company Confidential Market Opportunity Outside India • There are approximately 15 Crores two wheelers in use worldwide. • The global two wheelers market valued USD 90.1 billion in 2018, including electrically powered two wheelers and also accounted for more than 13.5 Crores units sold in same year. household that own a two-wheeler (2019) Vietnam Indonesia Malaysia China India Pakistan Nigeria Philippines Brazil Highest two- wheeler use 86% 85% 83% 60% 47% 43% 35% 32% 29% • In 2019, the global Bike Helmet market size was USD 699.7 million and it is expected to reach USD 827.6 million by the end of 2026, with a CAGR of 2.4% during 2021-2026
10.
© 2023 to
present DualSafe Private Limited (DualSafe TM ) All Rights Reserved. Company Confidential Countries across regions identified for global markets Germany Morocco Spain Portugal Greece Belgium Italy Sweden Poland United Kingdom Austria Portugal Czech Republic EMEA Croatia Netherlands Finland France Turkey Slovakia Slovenia Iran Israel Hungary Romania Luxembourg Andorra Eurasian Sudan Zimbabwe Japan Kenya Tunisia Russia Egypt USA Lebanon Madagascar Malawai Swaziland South Africa Senegal Nigeria Ethiopia Ghana Uganda Cameroon Solomon Islands Tonga Botswana Cabo Verde APAC Thailand Kazakhstan Malaysia Taiwan Indonesia Hong Kong Bhutan Vietnam Pakistan India Bangladesh Philippines Timor-Leste South America Chile Brazil Argentina Mexico Columbia Peru Uruguay Cuba Jamaica Ecuador Paraguay Suriname With Comprehensive laws
11.
© 2023 to
present DualSafe Private Limited (DualSafe TM ) All Rights Reserved. Company Confidential Patents in appended regions planned to safeguard our interests (other countries) Albania Italy Austria Liechtenstein Belgium Lithuania Bulgaria Luxembourg Switzerland Latvia Cyprus Monaco Czech Republic EU Countries ASEAN Countries Brunei Darussalam Kingdom of Cambodia Republic of Indonesia Lao People’s Democratic Republic Malaysia Republic of the Union of Myanmar Republic of the Philippines Republic of Singapore Kingdom of Thailand Socialist Republic of Viet Nam China Eurasian Countries Armenia Azerbaijan Belarus Kazakhstan Kyrgyzstan Russian Federation Tajikistan Turkmenistan United States of America North Macedonia Germany Malta Denmark Netherlands Estonia Norway Spain Poland Finland Portugal France Romania United Kingdom Serbia Greece Sweden Croatia Slovenia Hungary Slovakia Ireland San Marino Iceland Turkey
12.
© 2023 to
present DualSafe Private Limited (DualSafe TM ) All Rights Reserved. Company Confidential Business Model & Strategy Target 20% new two- wheeler riders Viz. ~12 Lacs and 15% of the existing Riders Viz. 315 Lacs over first 5 years Global Market (excluding Americas, South Africa and China), with around 14 Cr 76 Lakhs two-wheelers that translates (TAM) to 39,852 Cr; Considering 20% to be SOM for Dual HeadGear to be around 7,970 Cr Within India, with 21 Crores two-wheelers our market translates (TAM) to around 9,990 Cr; Considering 15% to be SOM for Dual HeadGear to be around 1,500 Cr Strategy and Approach B2B – Professional Tie-up with 3 key players Viz. Manufacturers, 2-wheeler rentals, Taxi operators; Discussions at various levels with Honda, TVS, Cotton Greaves, Flipkart(for Wish Masters) and Ather Energy B2B2C – Dealers of two-wheelers brands being approached via Chief Accessories Officers of Big 5 B2C – Marketing strategy being made to sell on DualSafe ® site catering to Global customer base DualSafe® Price range INR 3000 to INR 9000 DualSafe® Plans to have additional revenue stream with - After sales services for the product range
13.
© 2023 to
present DualSafe Private Limited (DualSafe TM ) All Rights Reserved. Company Confidential Competitor Analysis • Many traditional players like Studds, Steelbird, Vega etc., are going to pose to be a competition as they are well established players with a strong distribution network. • Few changes in rules by the Government of India are luring us to go in for B2B, B2B2C and B2G professional engagements looking at 2-in-1 feature and topped with features which are not available in any other helmets currently existing in the market • USP is Two-in-one headgear – Patented in India and PCT clear for 10 claims going to be added advantage; Patent applications filed in the USA, UK and China too.
14.
© 2023 to
present DualSafe Private Limited (DualSafe TM ) All Rights Reserved. Company Confidential May’2021 Final patent & PCT filed Aug’2021 DualSafe ® incubated at NASSCOM Jan’2021 3-D printing Functionality testing completion Jun’2021 Recognition of DualSafe® as startup by Govt of Karnataka Sep’2020 Recognition of DualSafe® as startup by DPIIT / DIPP May’2020 Provisional Patent filed 3-D model made, and functionality testing completed Journey Jan’2020 First brainstorming session and taking off the Idea Ideation stage completed Apr’2020 Incorporation of company DualSafe® Private Limited May’2020 Formalized concepts and finalized considering standards weight constraints per BIS Dec’2019 Conceptualization of Idea May’2023 Assembly Industry and testing lab setup – tie-ups initiated Apr’2023 New feature launch – Smart Helmet with IoT features Q2’2025 Global launch Q3’2023 Launch after Tie- ups with 2-wheeler taxi aggregators & manufacturers in India Dec’2021 Prototype Ph I completed – Basic Model Nov’2021 Marketing- Launch Strategy Execution initiated Jan’2022 Grant-in-aid approved by SISFS for DualSafe ® - to work on Prototype Ph II Dec’2022 Patent Granted
15.
Thank you arvind.sethi@dualsafe.in Mobile: +91
99006 17790 www.DualSafe.in
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