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Verification Pvt. Ltd.




                         1
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.



                                                                2
Mission:
 “To provide the accurate information related to pre-
    employment, tenant, screening and business background
    information”
Vision:
   “To mitigate business risk and operating efficiencies”




                                                      3
Company Values: Our shared values that we are guided by are:

Leadership                    Market pioneer

Passion                        adaptable

Integrity

Accountability

Collaboration

Innovation

Quality

Coordination
                                                               4
   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

                                                             5
Targeted market:
                        Corporate.
                        Firms.
                        Individuals.


Targeted customers:
                      Financial Institutions.
                      IT company.
                      Automobile company.
                      Insurance company
                      Manufacturing & logistics companies


                                                  6
   Knowledge & Information      Government regulations
    Power

   have a Biometric Access      Competitors
    system

   electronic fire-walled       Mobility of staff
    networks system


                                 Cost structure
   R& D


                                                      7
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




                                                                  8
9
10
☻ Mouth to mouth advertisement



☻Differentiation strategy


☻Cost leadership strategy


☻Segmentation strategy




                                 11
12
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
                                                             13
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
                                                                         14
Headed by Rohit
Headed by Rita &
                                 and Manjunath
Monica




                      Headed
                      by Richa

   Headed by Safvee
                                 Headed by Anish
                                         15
Capital
                                  ($40664)


                        Share           Loan Fund
                     Capital($3370)      ($7394)


                Cash and Bank    Management                    Miscellaneous
Asset($18483)                                  Sales($5000)
                balance($9242)     ($5099)                    Expenses($2840)
Idea __ Product

 Generating __ Revenue

  Earning __ Customer


Sales building __ Segment


 Raising __ Awareness

       Positioning
18
19
20
• 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.




                                                                      21
   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
Distribution system.


Organization.


New Technology.


Scale economies.


Customer loyalty.


Customer switching cost.
                           23
24

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Entrepreneurship presentation

  • 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. 2
  • 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” 3
  • 4. Company Values: Our shared values that we are guided by are: Leadership Market pioneer Passion adaptable Integrity Accountability Collaboration Innovation Quality Coordination 4
  • 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 5
  • 6. Targeted market: Corporate. Firms. Individuals. Targeted customers: Financial Institutions. IT company. Automobile company. Insurance company Manufacturing & logistics companies 6
  • 7. Knowledge & Information  Government regulations Power  have a Biometric Access  Competitors system  electronic fire-walled  Mobility of staff networks system  Cost structure  R& D 7
  • 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 8
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  • 11. ☻ Mouth to mouth advertisement ☻Differentiation strategy ☻Cost leadership strategy ☻Segmentation strategy 11
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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 13
  • 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 14
  • 15. Headed by Rohit Headed by Rita & and Manjunath Monica Headed by Richa Headed by Safvee Headed by Anish 15
  • 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
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  • 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. 21
  • 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
  • 23. Distribution system. Organization. New Technology. Scale economies. Customer loyalty. Customer switching cost. 23
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