FYS (Foryourservice)

Marketplace and a protection plan of all services
  • Sector Services
  • Country India
  • Founding date March 2020
  • Stage Idea
Why people take any insurance like Medical, Life or Vehicle Insurance even after knowing that they will use them maximum up to 5 times in 30 to 40 years?
Because there are high costs,damage and mental torcher
Then Why not Service protection Insurance?
Services covered by FYS comes with high damag

General

Sector
Services
Category
Consumer, Software
Product usage or interact
Desktop, Mobile/Tablet (iOS), Mobile/Tablet (Android))

Business

Target customer
Everyone who is above poverty line and can access smartphone.
Customer acquisition strategy
Low price protection plan, Viral content by Free services for women
Revenue model
It is a mixture of four revenue model.
KYS- A dedicated knowledge center for all services generating a revenue stream by means of affiliate and social media marketing
GYS- A marketplace to provide user a service by 2 different model
Freemium – MP for professionals without any Fee
Al-a-Carte – MP of Services with a fixed charge
FYS - Subscription – A protection plan which offers a bouquet of services at a fixed monthly plan
PYS - Supply - Professional on-boarding, in-house firms and SAAS

Market info

Market size
$0
Competitors
Competitor name
Competitor Website
vakilsearch.com
Competition
Vakilsearch - They are online service provider for legal services with core competency in business incorporation.
Offline market - Unorganized market calls for direct competition from offline market. Professionals practicing in offline world are the direct competitors
Cleartax - Biggest online platform to provide taxation solutions.

Any competitor mentioned is very costly and does not give 360 degree protection from the mental and financial blows

Total early investment
$1,000,000
Shareholder structure
Owner type
Name
Equity
Goel
Founder
% 70
Khandelwal
Co-Founder
% 30
Investment round
Angel Investment
Investment amount
$1,000,000
Equity on offer
% 20.0

Team

Ayush Goel  - India
Varun Khandelwal  - India
Total team member
14
Comment
List of Services Phase 1. Legal Taxation Online Documentation Tax saving planning Free Services Phase 2 Govt. Initiatives Counselling and Psychatrist Supply Module launch. KYS Launch Phase 3. Export Import Medical Services Launch with Govt B2B services Offline launch Al-a-Cart model to e-commerce TBD.. Marketplace for Managers Architecture Expansion to other countries Free MP for labours Crop consulting Event Management Priests Tutors Travel buddy and a lot more Question : Why people can take Medical Insurance, Life Insurance, Vehicle Insurance even after knowing that they will use them once, twice or maximum up to 5 times in 30 to 40 years ? Ans - Because there is a fear of high costs, damage control and no body wants to get into the trouble created. Then Why not Service protection Insurance ? Don’t you think services covered by FYS are more frequent, important and damage is high ? Emergencies don’t come with warnings. Nor d
Last update: 13.07.2020