Connected Car Platform

Kushal Suhasaria | +91- 9167096020 | ks@carx.io | www.carx.io

Copyright © 2021. Ecross Technologies Private Limited 1
PROBLEM STATEMENT
6. Voice
1. Advanced recognition
diagnostics
More than 1.2 billion + vehicles 7. Automotive
require connected technology. 2. Telematics app store

3. Remote 8. Vehicle
There are 1.25 million annual road services updates
accidents fatality worldwide.
4. Rear seat 9. Connected
Organizations lose nearly 150$ infotainment media
annually per vehicle due to fleet
mismanagement. 5. Family tracker 10. Global
services

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TECHNOLOGY SOLUTION
Connecting Cars to the Cloud

CarX
CLOUD PLATFORM

GPS

CONNECTED CAR
● Fleets
● OEMs
Traffic Weather 3
● Insurance
 MARKET TRACTION

Metrics:
● Number of Users: 30,000+
● Number of Customers: 2000+
● Active Vehicles: 2500+
● Monthly Revenue Rate: INR 9,00,000
● Monthly Burn Rate: INR 8,50,000

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MONTHLY REVENUE
QUARTERLYREVENUE
QUARTELY REVENUE
CLIENTS
INDUSTRY SEGMENTS
Enterprise
1
Corporate companies
SME
Fleet Owners, 2
Logistics &
Transportation B2C
3 Individuals with 1-2
vehicles

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INDUSTRY RECOGNITIONS
Selected by BOSCH DNA Accelerator Program 2020

★ Recognized by the DIPP, Government of India ★ Selected by Nasscom 10000 Startups Program
★ $5,000 awarded by Amazon - AWS Activate ★ Selected by Nvidia Virtual AI Incubator Program
★ $10,000 awarded by TWILIO - Sendgrid Startup ★ Microsoft Bizspark Member
★ $500 awarded by Startup India - WhatsApp ★ Selected in Reliance JioGenNext top 30 startups

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Founding Team
Kushal Suhasaria
Co-founder, CEO
Schlumberger, IIT KGP
Kushal has more than 8 years of industry
experience. Before CarX, he worked as a Field
Engineer for Schlumberger. He graduated from
IIT Kharagpur with a bachelors in Mining
Engineering. He has a track record of building
high performing teams & delivering growth.
Satish Ghoirat
Co-founder, CTO
IIT KGP
Satish has been delivering cloud-based SaaS
technology and product solutions for the past
5+ years. Prior to joining CarX he was pursuing
Bachelors in Biotechnology at the Indian
Institute of Technology Kharagpur, where he led
and developed multiple cloud projects.
INVESTMENT HISTORY
(May, 2021) (April, 2019)
Seed - USD 30,000 Pre-Seed - USD 60,000

Mr. Vivek Singh Mr. Anil Garg

Product, DataVedic Senior VP, Reliance
Ontario, Canada Mumbai, India

Mr. Ajay Bhesaniya Mr. Avinash Akella

Director, Dataminr Consultant, E&Y
Houston, USA SFO, USA

Mr. Rohit Sarma Mr. Dattatray Sukre

VP, Jasper Ridge Engineer, Schlumberger
SFO, USA Doha, Qatar
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COMPETITION LANDSCAPE
Affordable

Hardware Software

Expensive
COMPETITION FINANCING
● Zendrive - Series B- $ 57M - USA, provides driving data to insurance companies.
● Fleetio - Series A- $ 4.3M - USA, provides fleet management software.
● Automile - Series B- $ 47M - Sweden, provides GPS and tracking services.
● Fleetx - Series A - $ 2.8M - India, provides fleet management solutions.

HARDWARE SALES & TECHNOLOGY

AGNOSTIC MARKETING UPDATES
Data
Data analytics
analytics using using
Focusaadvanced machine
on digital channels APIs forlearning.
3rd party
advanced machine to reach end customers insurance, services and
learning. across India APPs.

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WAY FORWARD

● Achieve Annual Revenue of USD 200K / INR 1.5 Crore in three quarters

● International expansion in Middle-east, Africa and South-east Asia

● Partnerships with insurance, finance, and automotive companies

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EXIT STRATEGY

● M&A with Automobile, Telecom & Insurance companies

○ Verizon USA acquired Fleetmatics for $2.4 billion in 2016
○ ABAX acquires Sweden’s Automile to build ‘global telematics leader’
○ Varroc Engineering Buys 74% Stake In Pune’s CarIQ Technologies
● Initial Public Offering

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Ecross Technologies Private Limited

Email: ks@carx.io Thank You!

Website: www.carx.io
Phone: +91-91670 96020
Address: R-22, 3rd Cross, Nash
Square, Electronic City Phase - 1,
Bengaluru - 560100

Prepared by: Kushal Suhasaria