Invite Ideas Consulting, the owner of all rights associated with Choice N Cheers mobile app and choicencheers.com is in the process of getting a Series A round of equity capital in the amount of $100,000.
The company has developed a minimum viable product featuring 90+ Indian cities nightlife and hangout places. We intend to release iOS and Android Wearable version of the App this coming quarter and reach new markets like Americas and Europe. Based on the initial conceptualization and a successful web application having already achieved over 10,000 hits, the mobile version of the Choice N Cheers total system has been designed to provide travelers, tourists and locals in unknown locations world-wide with market leading functionality and values. Choice N Cheers plans to introduce new excellent features like Pool Party, Cashless Payments, Online Ordering, Chair Reservations, unique Rating System, and Engaging Alcohol Games; over the time.
The overall size of the world market for this type of bar searching system has been estimated to be more than 100 millions. Management will focus on an initial target market of individuals aging 21+. This target is estimated to include over 4.2M users in the US alone and over 14.5M accessible target market worldwide.
The company is forecasted to obtain profitability in year 2, over $75M in revenue in year 3 with anticipated growth to over $200M in year 5.
Capital will be used in the following manner:
- Development of future versions of mobile and wearable app ; IPR and Patent – 20%
- Post-launch marketing – 25%
- Infrastructure development – 10%
- New hiring’s and team expansion – 10%
- Partial salary for full-time Co-Founders – 20%
- $15K cushion – 15%
Please connect to me at Ritesh@choicencheers.com for any further concerns and communications.
Best Regards!
Ritesh Saxena
Founder & CEO
Choice N Cheers
Cell: +91 965-453-1765
E-Mail: Ritesh@choicencheers.com
LinkedIn: in.linkedin.com/in/saxenaritesh
Twitter: https://twitter.com/RiteshSaxena777
Choice N Cheers – Pitch Deck
Choice N Cheers is a free, downloadable place-finder app of pubs, bars and nightlife for travelers, tourists and locals. Find the best places to drink instantly, at your fingertips, from anywhere in the world. The Choice N Cheers Apps will feature more than 10,000 Bars and other drinking establishments with top 10 budget hotels, 10 tourist places and 10 markets across over 75 countries.
asha chaudhry
hi ritesh,
i was trying to go through your deck – i found it not very reader friendly 🙁
i think perhaps the dark background +shading + some font size + text heaviness is affecting the readability.
pls check out sharad’s hacks to make a great ppt.
https://www.therodinhoods.com/forum/topics/5-hacks-to-create-an-awesome-presentation
might help you!
in case you want to tweak your ppt and re-place you can do so!!
ps: how are you different from similar apps in this space?
Rameshwar V
Ritesh,
Just curious. How did you map the data of 80 cities in one month?
Ritesh Saxena
Hey Rameshwar,
It took my team around 6 months to get across this data. Now, we are in the process of doing the same for US Market.