Bhorosha

Increase women labor productivity in informal sect
  • Sector E-commerce & online marketplaces
  • Country Bangladesh
  • Founding date July 2020
  • Stage Idea
Bangladesh's informal sector makes up 43% of it's GDP and among that 1/3rd contribution is by the industry & construction segment accounting to a potential market of 36.6bn USD yet this sector is neglected. We are tapping on this by increasing female participation in the 92% jobs available for them.

General

Sector
E-commerce & online marketplaces
Category
Enterprise
Product usage or interact
Mobile/Tablet (Android), Server software (ie, databases))

Business

Target customer
Informal Sector People
Customer acquisition strategy
Dashboard technology having a website & app to connect workers
Revenue model
Revenue will be generated in the following ways :
1. Commission from companies who we are providing workers in time, effort and money efficient way. The commission will be in the form of service fees.
2. Course fee from informal sector workers to do skills gap training courses in search of a better opportunity.
3. Advertisement from the campaigning
4. Small registration fees from the informal workers who will register in our portal app by the micro-agent booths in slums.

Market info

Market size
$33
Competitors
Competitor name
Competitor website
Competition
Handymama is a company that provides informal sector people to offer cleaning or extended services. They are contributing to the service sector of our country from which the Informal sector's contribution to the GDP is only 5-10% whereas we are trying to tap on the unpenetrated market of industry & construction where the contribution is greater. We are not only acting as a connector of jobs, our advantage lies in the advocacy to destigmatize vocational jobs aswell as provide skills gap training.

Total early investment
$1,500
Shareholder structure
Owner type
Name
Equity
Tahreem
Founder
% 25
Aaisha Bhuiyan
Co-Founder
% 25
Fariha Chowdhury
Co-Founder
% 25
Tahana Tasmeea
Co-Founder
% 25
Investment round
Angel Investment
Investment amount
$1,500
Equity on offer
% 0.0

Team

Tahreem Shah  - Bangladesh
Total team member
4
Comment
Last update: 10.09.2020