| SammaaN Foundation | 2007 |
|
|
|
Irfan Alam | Patna | Social Entrepreurship Venture
Nominated on Oct 6 2008 11:02PM | by
Irfan Alam
|
|
 |
|
 |
| SammaaN Foundation - Snapshot |
| Ride business class on pedal rickshaws.
|
|
 |
|
 |
|
|
| Business Basics |
 |
|
| Company Name |
SammaaN Foundation |
| Founded in |
2007 |
| Headquartered in |
Patna |
| Company website/URL |
www.sammaan.org |
| Industry |
Social Entrepreurship Venture |
| Stage of the company |
Scaling up |
| Source of idea |
Discovered by chance |
| Awards & honors |
* Winner of Business Baazigar, A ZEE T.V Entrepreneur hunt reality show
* Winner of Innovationn Award by The World Bank and BRLPS
...> Read more.. |
| Awards & honors |
* Winner of Business Baazigar, A ZEE T.V Entrepreneur hunt reality show
* Winner of Innovationn Award by The World Bank and BRLPS
* Selected for LEAD support by FRIENDS OF WOMEN WORLD BANKING
* Times of India has listed the entrepreneur among 'India's Best 30 youths'
* Prabhat Khabar has listed the entrepreneur among '12 Youth Icon of India' and he has also appeared in their annual calendar of 2008
* Nomination for Tech Museum Award, U.S.A in Economic Development category
* Finalist, Change Looms Award for Social Entrepreneurs.
* Winner of more than a dozen B Plan competition.
< Back
|
| Partnerships & Tie-ups |
Punjab National Bank, Friends of Women World Banking, American India Foundation U.S.A, Dena Bank,
Bharti Airtel Ltd., Dishnet Wireless Ltd., Surya ...> Read more.. |
| Partnerships & Tie-ups |
Punjab National Bank, Friends of Women World Banking, American India Foundation U.S.A, Dena Bank,
Bharti Airtel Ltd., Dishnet Wireless Ltd., Surya Foods Ltd., Oriental Insurance Co. Ltd., MAX Newyork Life Insurance Co. Ltd., Bisleri International, Prabhat Khabar, HT Media Ltd., Tourism Department, Government of Bihar, Bihar State Tourism Development Corporation
< Back
|
|
|
|
|
| Business description |
Sammaan's idea is to systematize the working of all Rickshaw pullers by bringing them under one roof and to modernize the cycle rickshaw pulling sector (which contributes 30% in urban transport) with small but innovative changes. This not only makes it easier for the rickshaw pullers to drive and increase their income through Outdoor Advertising, but Val...> Read more.. |
Sammaan's idea is to systematize the working of all Rickshaw pullers by bringing them under one roof and to modernize the cycle rickshaw pulling sector (which contributes 30% in urban transport) with small but innovative changes. This not only makes it easier for the rickshaw pullers to drive and increase their income through Outdoor Advertising, but Value Added service such as sale of Mineral water, Juices, Mobile recharge, courier collection, Bills collections also makes it more comfortable and enjoyable ride for the commuter.
< Back
|
|
| How does the business make money? |
* Advertising and brand promotion - we do advertising and brand promotion of various companies on our rickshaws. For this purpose we have designed our rickshaws in such a way that it gives ample space to the advertisers to put their advertisement on the side, front and back panels of our rickshaw.
* Third party product selling - where sellable items such as mineral water, fruit juices are available in our rickshaws, one can also pay his utility bills and even recharge mobile phones while traveling.
* Maintenance charge - each operator has to give 10 - 20 Rs./day (Depending upon cities). |
|
| Team information |
Irfan Alam - Founder & Chairman Prof. Piyush K. Sinha, IIMA - Director Mahtab A. Siddiqui, Psychologist - Director Siddharth Jaiswal, IIMA - Project Director Rishi Jaiswal, XLRI Jamshedpur - Project Director |
|
|
| Competition |
 |
|
| Competitors |
We are the only company of its kind. There is no organised player in the market, who is offering similar services. However, competition may occur once we grow. |
| How different is your product or service? It has... |
No substitutes available |
| In what way is your product or service different? |
Within rickshaw industry - In India, almost ninety-five percent rickshaw operators do not own the rickshaw but instead they take them on daily rent...> Read more.. |
|
|
|
|
| By The Numbers |
 |
|
| |
2006 |
2007 |
| No. of employees |
Did not exist |
6-15 |
| No. of locations |
Did not exist |
2-5 |
| No. of customers |
Did not exist |
6-15 |
| Turnover |
Did not exist |
51 lacs-1 crore |
| Profits |
Did not exist |
6 to 15 lacs |
|
| Primary source of initial funding |
Family & friends |
| Primary source of additional funding |
Bank loans & mortgages |
| Raised institutional capital? |
No |
|
|
|
|
| Why is this startup hot? |
Nowhere in India but at SammaaN, peddle rickshaw gives every bit of luxury to its passengers. The value added features in our rickshaws include music, magazine/news papers, first aid, and sellable items like cold water, fruit juices etc.(operators share this income). We are the first company to introduce Pre Paid Cycle Rickshaws in India. Passengers can ...> Read more.. |
Nowhere in India but at SammaaN, peddle rickshaw gives every bit of luxury to its passengers. The value added features in our rickshaws include music, magazine/news papers, first aid, and sellable items like cold water, fruit juices etc.(operators share this income). We are the first company to introduce Pre Paid Cycle Rickshaws in India. Passengers can even pay their utility bills and recharge their mobile phones while traveling by our rickshaw. Hence we have transformed the traditional rickshaw into a marketing engine.
Not only is this, after airways, SammaaN Rickshaw the only mode of public transportation where passengers are insured. Where governments everywhere have started to remove hoardings and billboards from public places, our rickshaws provide alternative to the clients to reach masses and penetration into semi urban and rural market. We are therefore working to organize the rickshaw pulling sector by bringing them under a uniform system.
< Back
|
|
| What keeps the team awake at night? |
| Our sincere belief that 'faith in a cause can do miracles' is our driving force. We are determined to make the most valuable company representing the unorganized. And the sense of responsibility that arises looking at the hope in our beneficiaries eyes always keep the team awake. |
|
|
|
 |
|
|
|
 |
|
| Voting Closed |
 |
|
|
|
|
|
|
|
|
|
| Entrepreneur's Details |
| Name |
|
Irfan Alam |
| Age |
|
27 |
| Hometown |
|
Begusarai |
| Family background |
|
First gen entrepreneur |
| More than 1 company? |
|
Yes (2) |
| Education |
|
Masters |
| Graduated from |
|
L.N.M.U, Pondicherry University, IIM Ahmedabad |
| Former employer |
|
N.A |
| Former designation |
|
N.A |
| Area of responsibility |
|
N.A |
| Favorite book/movie |
|
Creating A World Without Poverty - Mohammad Yunus |
|
|
| More Shortlisted Startups |
|
 Rasilant Technolog Mumbai | 2005 |
|
 Greycaps India Bangalore | 2005 |
|
 Evam Entertainment Chennai | 2003 |
|
 activecubes soluti Bangalore | 2007 |
|
 Vayavya Labs Belgaum | 2006 |
|
 Star AgriWareHousi Jaipur | 2006 |
|
 ValueMinds Hyderabad | 2006 |
|
 SammaaN Foundation Patna | 2007 |
|
 |
|
 Wyn Brands Bangalore | 2003 |
|
 Librarywala.com Mumbai | 2007 |
|
 Inasra Technologie Chennai | 2005 |
|
 Munificient Ventur Mumbai | 2008 |
|
 |
|
 takeovercode.com New Delhi | 2003 |
|
 Anantara Solutions Chennai | 2006 |
|
 |
|
 FieldTurf Tarkett Hyderabad | 2004 |
|
 Medsphere Bangalore | 2007 |
|
 Ecomove Solutions Mumbai | 2008 |
|
 a2zapps.com New Delhi | 2006 |
|
 Mantis Technologie Ahmedabad | 2007 |
|
 ITCONS e-Solutions Noida | 2007 |
|
 Elements Akademia Gurgaon | 2007 |
|
 Sacred Moments Mumbai | 2006 |
|
 Cafegadgets Gurgaon | 2006 |
|
 GoSports India Bangalore | 2006 |
|
 |
|
 Daily Dump Bangalore | 2006 |
|
 |
|
|
|
| View All Shortlisted Startups » |
|