homes for millennials - yourownroom.com 2019-20 fact sheet v1.pdf · • sachin joshi, chief sales...

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https://yourownroom.com [Last Updated: Jun-2019] 1 YourOwnRoom Fact Sheet Homes for Millennials ABOUT US YourOwnROOM is a Residential Proptech rental and property management business. We provide strategically located good quality managed homes to millennials tenants that are safe and comfortable. We engage with residential asset owners which includes individual homeowners, developers, building owners and societies in managing their rentals and properties. We have a deep relationship with the millennial generation and understand the problems they face in the search for good homes, which is why we provide the easiest solution to finding ready to move in homes. We also manage the entire tenant lifecycle from agreement creation to move in, stay, renewal, transfer and exit through our easy-to-use technology platform and mobile app. We also have a dedicated team working at the backend who are the heart and soul of our business. YourOwnROOM thrives on homeowner loyalty, which is why we operate on a subscription basis through the property lifecycle as the custodian of their property. This translates into long term multi-year commitment values for rental and property management. YourOwnROOM commenced Operations in April 2016, Current footprint includes 1,500 beds across Bangalore and Pune. PROBLEM The residential rental landscape in urban India is inefficient, unorganized, and absurdly priced with many single and married millennial tenants facing discrimination. On the other hand, we see owners struggling to find & manage tenants. Tenants Face discrimination, owners do not trust them Do not get access to good quality properties Compromise on locations, traffic/ travel time, privacy, quality, security and rental/ deposit terms. Owners Do not get good quality vetted tenants. Get low rental yields and pay brokerage. Lack bandwidth to find and manage tenants and property SOLUTION YourOwnROOM is a Residential Proptech rental and property management business. We provide strategically located good quality managed homes to millennials tenants that are safe and comfortable. We engage with residential asset owners which includes individual

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Page 1: Homes for Millennials - yourownroom.com 2019-20 Fact Sheet v1.pdf · • Sachin Joshi, Chief Sales and Product Officer - 19 years of experience in Software Product Development managing

https://yourownroom.com [Last Updated: Jun-2019]

1

YourOwnRoom Fact Sheet Homes for Millennials

ABOUT US YourOwnROOM is a Residential Proptech rental and property management business. We provide strategically located good quality managed homes to millennials tenants that are safe and comfortable. We engage with residential asset owners which includes individual homeowners, developers, building owners and societies in managing their rentals and properties. We have a deep relationship with the millennial generation and understand the problems they face in the search for good homes, which is why we provide the easiest solution to finding ready to move in homes. We also manage the entire tenant lifecycle from agreement creation to move in, stay, renewal, transfer and exit through our easy-to-use technology platform and mobile app. We also have a dedicated team working at the backend who are the heart and soul of our business. YourOwnROOM thrives on homeowner loyalty, which is why we operate on a subscription basis through the property lifecycle as the custodian of their property. This translates into long term multi-year commitment values for rental and property management. YourOwnROOM commenced Operations in April 2016, Current footprint includes 1,500 beds across Bangalore and Pune. PROBLEM The residential rental landscape in urban India is inefficient, unorganized, and absurdly priced with many single and married millennial tenants facing discrimination. On the other hand, we see owners struggling to find & manage tenants. Tenants

• Face discrimination, owners do not trust them • Do not get access to good quality properties • Compromise on locations, traffic/ travel time, privacy, quality, security and rental/

deposit terms. Owners

• Do not get good quality vetted tenants. • Get low rental yields and pay brokerage. • Lack bandwidth to find and manage tenants and property

SOLUTION YourOwnROOM is a Residential Proptech rental and property management business. We provide strategically located good quality managed homes to millennials tenants that are safe and comfortable. We engage with residential asset owners which includes individual

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https://yourownroom.com [Last Updated: Jun-2019]

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homeowners, developers, building owners and societies in managing their rentals and properties. Managed Homes for Millennial Tenants

Rental and Property Management for Residential Owners and Societies

Operating Partner Services for Residential Developers/ Land Owners

Confidential

08/06/19

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Solution – Managed Homes for Millennial Tenants

Food

Housekeeping

Society Amenities, Facilities

Wardrobes, Furnitures & Appliances

Safe and Secure Home

Properties at Strategic Location

Discovery as a Services

• Property Search• Site Visits• KYC/ Ref Check• Create Agreement

Property Rental Mgmt. as a Services• Onboard Tenant• Generate Invoice• Collect Payment• Issue Receipts• Audit Property• Manage SRs• Manage Exits• Manage Retention• Manage Renewal• View Dashboard

Coliving Home/ Family Home Property & Rental Managed Services+

Access to good properties I Travel time < 15 Minutes I Reduced deposits of 3 months

Technology Platform

• Portal, • App, • Business Process Engine

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Confidential

08/06/19

11

Solution – Rental and Property Management for Residential Owners and Societies

Property & Rental Managed Services

Get Screened Tenants I Professional Rental/Property Mgmt. I Higher Rental Yield (10-25%)

Discovery as a Services

• Lead Generation• Site Visits• KYC/ Ref Check• Create and Sign Agreement

Property Rental Management as a Services• Onboard Property• Onboard Tenants• Generate Invoices• Collect Payment• Pay Owner, Send Statement• Issue Receipts• Audit Property• Manage Service Request• Manage Exits• Manage Retention• Manage Renewal• View Dashboard

Technology Platform

• Portal• App• Business Process Engine

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Page 3: Homes for Millennials - yourownroom.com 2019-20 Fact Sheet v1.pdf · • Sachin Joshi, Chief Sales and Product Officer - 19 years of experience in Software Product Development managing

https://yourownroom.com [Last Updated: Jun-2019]

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BUSINESS MODEL Onboard Property

• we sign a 3-5 year MoU with owners to manage their property and rentals. • we onboard the property on our Prop Tech Platform and conduct quality checks. • we get into an arrangement with the Owner and seek 45 days to rent out the Property

to tenants. • We assist the owner to onboard the property by conducting a quality check, help with

repairs and help procure furniture’s and appliances. Onboard Tenant

• we actively scout for suitable tenants, run marketing campaigns, organise site visits. • We book a tenant and sign a rental Service Agreement. This is done between the

tenant, owner and YourOwnROOM • we then onboard the tenants into the property.

Engage Tenant and Asset

• tenant will pay a fixed rental to us through the Tech Platform. • we pay rent to the Owner minus it’s 14% commission. • In addition tenant pays for admin and move out charges and SR after 14d • we manage service requests, audits, renewals, exits and refills.

Confidential

08/06/19

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Solution – Operating Partner Services for Residential Developers/ Land Owners

Discovery as a Service

Property Rental Management as a Service

Rental & Property Managed Services

Operating Partner I Get rental yield of 2-3X for their Assets I Leverage Proptech platform

Technology PlatformPortal, App, Business Process Engine

Technology Services

Discovery as a Service

Property Rental Management as a Service

• Discovery

• Property, Tenant Lifecycle

• Invoice Processing

• Integration

• Reports, BI, Analytics

• Admin Panel

• Dashboards

•Po

rtal

, App

Facility Management services

Rental Partners for their home owners

Operating partner for their Coliving buildings

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https://yourownroom.com [Last Updated: Jun-2019]

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• Owner and Tenant interact with YourOwnROOM using the technology platform which includes the interactive tenant and owner dashboards.

PROP-TECH PLATFORM

YourOwnROOM is an internet based online managed rentals platform managing key processes of leasing, listing & renting for owners & tenants. This also includes end-end renting process from property discovery, site visit, verification, room booking & rental payments are available online on YourOwnROOM platform for Desktop and App YourOwnROOM delivery framework is fully automated with on boarding of Sales, Operations, Acquisition functions on YourOwnROOM platform. Teams have access to a Business Process Console (Admin Panel) to run their day-day jobs

Page 5: Homes for Millennials - yourownroom.com 2019-20 Fact Sheet v1.pdf · • Sachin Joshi, Chief Sales and Product Officer - 19 years of experience in Software Product Development managing

https://yourownroom.com [Last Updated: Jun-2019]

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Website Mobile App

Tenant Dashboard Owner Dashboard

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https://yourownroom.com [Last Updated: Jun-2019]

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CONTACT DETAILS Bangalore (Corporate Office)

#C18-Grace, 1st Floor, Kudhremukh colony, Koramangala 2nd block, Bangalore, Karnataka, India 560 034

Pune (Site office)

#315C Amanora Chambers, Amanora Town Park, Hadapsar- Kharadi Bypass, Pune, Maharashtra 411028

Call +91 80 2550 3388 Website https://yourownroom.com/ Email Id [email protected]

MEDIA/ PRESS LEADERSHIP TEAM

• Prabhat Kumar Tiwary, CEO - Sloan Fellow with a Master’s in Business Management from Stanford Business School. 24 years of experience in senior leadership and management positions in Technology Enterprises and Start-ups and has been instrumental in growing and managing P&L of up to $100 M.

• Sachin Joshi, Chief Sales and Product Officer - 19 years of experience in Software Product Development managing P&L across Technology Enterprise and Start-ups. Deep Expertise in building commercial grade Platform and Product (2M transactions/year) leveraging Digital Technologies like SaaS, Analytics, Mobility, Payments, AI and ML.