ThinkDigitalConcepts

Digital Store with interactive touch tables.
  • Sector Cyber security, Mobile Carwash, Managed Service Provider, Network Support
  • Country South Africa
  • Founding date April 2019
  • Stage Idea
I would like to start with introducing drone security in the Mining and Industrial areas through artificial intelligence and robotics through technology and to open up a self-service digital store in Sandton City with touch tables.

General

Sector
Cyber security, Mobile Carwash, Managed Service Provider, Network Support
Category
Consumer, Hardware, Software
Product usage or interact
Mobile/Tablet (Android), Server software (ie, databases), Hardware-wearable)

Business

Target customer
Retail Stores, Banks, ISP, Hospitals and Government Institutions
Customer acquisition strategy
sales leads through referrals and partnerships
Revenue model
Ad-Based Revenue Model - Ad-based revenue models entail creating ads for a specific website, service, app, or other product, and placing them on strategic, high-traffic channels.
Affiliate Revenue Model - Another popular web-based revenue model is the affiliate revenue model, which works by promoting links to relevant products and collecting a commission on the sales of those products, and can even work in conjunction with ads or separately.
Subscription Revenue Model, Retail Sales

Market info

Market size
$100,000
Competitors
Competitor name
Competitor website
Startup traction
Since our mobile car wash service start-up operating inside an estate we have achieved more than our target margins than we had anticipated. Doing 13 car washes per day since the lockdown. On the IT Side we have gained 3 sales leads since partnering with Cyber Security and Cammignton SA by offering Cyber Security product offerings to local small businesses.

Total early investment
$1,800,000
Shareholder structure
Owner type
Name
Equity
Lebohang Mpeta
Founder
% 60
Lebohang Sekhobo
Co-Founder
% 25
Sibusiso Mpeta
Employee stock option
% 15
Investment round
Angel Investment
Investment amount
$1,800,000
Equity on offer
% 100.0

Team

Lebo Mpeta Mpeta  - South Africa
Total team member
4
Comment
Last update: 12.11.2020