2. Name : URVASHI Verification Pvt.
Services : Criminal record verification
Civil record verification
Financial verification
Tenants history verification
Employment & Education verification
Professional verification
Bank A/C search
Board of directors : Anish, Monica,Manjunath, Richa, Rita, Rohit,
Safvee
Nature of the company: Private Ltd.
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3. Mission:
“To provide the accurate information related to pre-
employment, tenant, screening and business background
information”
Vision:
“To mitigate business risk and operating efficiencies”
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4. Company Values: Our shared values that we are guided by are:
Leadership Market pioneer
Passion adaptable
Integrity
Accountability
Collaboration
Innovation
Quality
Coordination
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5. Employee background screening has become the norm in the
hiring process and many companies
businesses, don't have the time or the means to adequately
check up on all their job candidates.
A background check service has relatively low startup costs and
high barrier to entry – Limited competition.
you do need a firm understanding of federal, state and local
laws.
Market is still unexplored & in a growing stage
Less investment is required
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7. Knowledge & Information Government regulations
Power
have a Biometric Access Competitors
system
electronic fire-walled Mobility of staff
networks system
Cost structure
R& D
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8. o Viability of this concept is great
oUntapped market gives us a great competitive edge in this sector
oThe screening industry has grown by 30% to 40% year on year since
2007
oBackground screening is not just confined to job applicants. There are
cases where companies ask service providers to run checks on their
employees.
o"Most organizations have started conducting comprehensive
background checks on all levels of candidates
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13. Educational Backgroud
Staff structure
of employees
The medium and senior 81% Bachelors
R&D staff:65% 4% Experienced
Other staff:35% 15% Mba’s
• Strong focus on technological literacy
• Great emphasis is laid on work culture and employee
satisfaction
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14. Technology team of Urvashi Pvt. Ltd
• Importance to perfect English abilities of reading, writing, listening and
speaking .
• Good, development, space, Competitive, salary, Pension, unemployment and
work injury insurance
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15. Headed by Rohit
Headed by Rita &
and Manjunath
Monica
Headed
by Richa
Headed by Safvee
Headed by Anish
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16. Capital
($40664)
Share Loan Fund
Capital($3370) ($7394)
Cash and Bank Management Miscellaneous
Asset($18483) Sales($5000)
balance($9242) ($5099) Expenses($2840)
17. Idea __ Product
Generating __ Revenue
Earning __ Customer
Sales building __ Segment
Raising __ Awareness
Positioning
21. • Consumer preferences and demand are the predominant drivers for the
verification industry
•Entry costs are also an important factor in the growth of this segment.
•Profitability in this industry is huge
• Competition in this industry is steep, as the company has to compete with
other alternative service providers outlets for consumer frequency. Because
of this companies often create alliances to present a stronger front.
• Successful advertising strategies, as well as concentration in specialized
markets help in allowing company to generate increased revenue.
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22. SWOT Analysis
Strength
1. Varieties of popular services are available
2. Caters to all types of people (individuals, firm, companies)
3. Market for this service is still un explored
4. It has basic requirement for everyone
Weakness
1.Global penetration is limited as compared to international leading
brands
2.customers find it difficult to trust with their documents for security
Opportunity
1. High growth in the industry
2. Globally the process has become the need of the time
3. Tie-up and association with global brands for better global reach
Threats
1. Internal competition among brands is a serious threat
2. External competition and price wars decrease the switching cost for a
customer