AUTOLY - AutoCare || Repairs - Services

About AUTOLY AutoCare

A) Company Name : Autoly AutoCare

A1) Company's Registered Name : Addon Technologies

A2) Company registered? Legal entity : Partnership

A3) No. of Co - founders & Top Management : 3

A4) Founder's Name : Bhavesh Donga, Devesh Sharma

A5) Contact Person : Theju Paul

A6) Primary Email Address (Official) : theju@autoly.in

A7) Phone Number : 70464 62161 (Whatsapp / Phone)

A8) Background and Past Career of the Founder and Senior Management :

Bhavesh Donga - Co-Founder, CBO @Autoly AutoCare; Age 42

Bhavesh is an Internet entrepreneur and a visionary. He loves doing his part for Digital India. With over 14 years of consulting experience in a variety of industries, functions and geographies, he ensures that clear objectives and expectations are delivered.

Bhavesh founded Autoly with a passion to develop long-term strategic vision to help AutoCare Providers easily advertise Auto Repair and Servicing specialities to Vehicle Owners using Mobile Technology based Platform.

Dev Sharma - Co-Founder, CTO, CEO, @Autoly AutoCare; Age 44

Dev is an action-oriented professional with experience managing, developing, optimising operations and transforming business models. He has digitally transformed Automotive clients in the US, Europe, India through High-tech such as IoT, GPS and Telematics solutions.

Dev co-founded Autoly, India’s curated multi-brand automobile marketplace providing best pricing and reliable AutoCare checkup for periodic servicing and urgent repair in the customer’s preferred location

Theju Paul Innovation - AI, GTM Strategy @Autoly AutoCare; Age 43

Theju in his previous stint, led Business Intelligence solutions to derive actionable insights & deep dive analytics. With an increasing focus on digitalisation, he targets Autoly, a big data analytics startup, to provide a one-stop AutoCare solution.

Theju wants to create a reliable and simple AI-powered platform for vehicle owners using Predictive Maintenance to avoid vehicle downtime, delivering a seamless customer experience.

B) Sector best suits our startup : AI, AutoCare, Services

B1) Our Business Model : Business to Customers (B2C)

B2) Startup Stage :

Out startup idea has been in business for some time and we are ready for scaling this rapidly

B3) Who are / or be our target customers? :

AutoCare Mechanics, Garage Owners, Car Spa, Workshop Owners, Tyre / Oil / Battery Sellers, etc

C) What Problem / Market need are we solving through our innovation? :

Unfamiliar AutoCare Providers are assumed to be:
- Unreliable
- Underskilled
- Uneconomical
Affecting AutoCare Provider’s business

D) Startup Overview (Detailed Outline of our business, leading edge/innovative technology, products and services. Details about our Operational Model) :

Current Market Overview -

B2C platform for the automobile service industry in India, designed to help both Vehicle Owners and AutoCare Providers. AutoCare Services cover Breakdown Assistance, Car AC repair, Car Detailing, Denting & Painting, Wheel Balancing & Alignment, Bike Modification & many more in 12 categories. It allows users to find various services for 4-wheeler & 2-wheeler like regular services, repairs, washing spa, roadside assistance and spare part providers in nearby locations.

AutoCare Products like Battery, Oil or Automobile Accessories (GPS, for Interiors, for exteriors, etc) are available. Discounts from 5% - 40% available from partners on various products. Various discounts of up to 50% available from partners on vehicle services are also available.

Autoly AutoCare’s Mobile App for Apple and Android users is developed using Native iOS & Android technology to make it easier for Vehicle Owners and AutoCare Service Providers (Mechanics) to interact. With Autoly AutoCare, Vehicle Users can select, compare rating and choose from a wide range of service providers, depending on desired Location Based Services (LBS). Detailed service provider profiles with photographs, service, facility and product listings, reviews and ratings help customers make an informed choice. The Gujarat based startup venture is an Aggregation Platform with more than 250+ AutoCare Service & Product Providers partners across Ahmedabad, Baroda & Surat.

Futuristic AI based Overview -

Future plans include adding more features to Apple and Android Mobile App, such as the use of Neural Network to Identify Vehicles using normal Recurrent Neural Network (RNN) & Estimation of damages & insurance Claims using Artificial Intelligence.

The Neural Network PoC developed by the AI team correctly captures the car. A Sports automobile is confused with a Sport Utility Vehicle (SUV), and a Convertible can most likely be mistaken for other Convertible variants of similar type. A lot of such issues can go away if our Autoly AutoCare Team will use a larger dataset.

Artificial Intelligence can easily quicken the process after an accident. The Machine Vision Algorithm automatically assesses the vehicle damages for the customer to decide the next course of action. Using AI to automate visual activities is an instant way to provide various stakeholders with relevant information. Using Artificial Intelligence (AI) & Machine Learning (ML), businesses can classify various damages, saves time and reduces uncertainty in difficult times. Autoly’s AutoCare Mobile App can help users to get a list of Nearby Workshops to repair the damages after an accident with various offers relevant to the damaged parts, using Autoly AutoCare’s AI Algorithm; Workshops, which have more experience servicing certain vehicle models and have more positive reviews can be advantageous for user in Decision making.

More details on https://autoly.in/blog/tag/artificial-intelligence/

Operational Model Overview -

Subscription based charges from Autoly Crew Providers. Monthly Subscription as low as 1 Cup of tea per day for a month.

D1) Describe the Innovation and possibility of Intellectual Property in our idea :

Artificial Intelligence & Data Science can detect and identify

1. damaged vehicle parts,

2. determine the severity,

3. type of damages,

4. can estimate repair time of the vehicle;

within seconds of receiving an image of a damaged vehicle.

D2) Are we generating revenue already? : N.A.

D3) Our startup expense for the next 12 months : 250,000 US$

E) Describing how our solutions can be applied to solve the problem of society :

The Social Impact through Autoly's Innovative Technology Platform - The AutoCare industry is very flexible and adaptable. Autoly’s location based services (LBS) with Artificial Intelligence (AI) can detect and suggest nearby garages with various offers. Vehicle owners can broadcast messages or interact with these mechanics / garages / workshops with secured chatting communication.

Using Autoly AutoCare’s AI Algorithm; Workshops, which have more servicing certain vehicle models and have more positive reviews can be advantageous for Vehicle owners in Decision making.

Autoly AutoCare app provides users with a full Digital Experience. Since Covid19 outbreak, interactions without face-to-face communication, were seen as beneficial.

F) Our unique selling point (USP) / how is our solution better than the competition / Competitive Advantage of products, services :

Early to Market - Vehicle owners have direct interaction with AutoCare Providers to get a transparent and instant quote.
AutoCare Profile - Mechanic’s profile, rating and reviews before ordering services help users to make a quick decision.
Listing & Sharing - AutoCare provider can easily list and share offers to neighbourhoods.
Easy of Use - Quick turnaround with exact problem identification.

F1) Who are our key competitors / How are our customers solving the problem now? :

Pitstop, FirstU, GoMechanic, GoBumpr, etc

A plethora of services are being offered by the unorganised AutoCare Sector, which are much cheaper and less time consuming than Authorised Service Centres. Urgent Breakdown can easily be targeted rather than booking at Authorised Services Workshops.

G) Our latest traction numbers :

App Install for Mechanics (Autoly Crew) 100+, since June 2021

Autoly Crew available on Apple AppStore for iOS mobiles

Autoly Crew available on Google PlayStore for Android mobiles

App Install for Vehicle Owners (Autoly AutoCare) 1,000+, since November 2021

Autoly AutoCare available on Apple AppStore for iOS mobiles

Autoly AutoCare Google available on PlayStore for Android mobiles

Autoly Crew Registered with mobile number Till Date

Ahmedabad : 180+ Crew / Mechanic

Baroda : 20+ Crew / Mechanic

Surat : 20+ Crew / Mechanic

Other Cities : 30+ Crew / Mechanic

Autoly AutoCare Registered with mobile number Till Date

400 Users / Vehicle Owners with 550 Vehicles

G1) Mention collaboration and partnerships with universities, research institutes and companies if any : 250+ garages in 14 service categories within Ahmedabad, Baroda & Surat since June 2021.

H) How are we funded? : BootStrapped

H1) Did we have Support from VC or Accelerator, otherwise NA : NA

H2) Details of funding rounds closed & Funds till date raised in each round (in US$) :

Pre - Seed Round (BootStrapped) - 65,000 US$ (Jan 2019)

Pre - Seed Round (BootStrapped) - 55,000 US$ (Feb 2021)

Series A - 500,000 US$ ( * expecting in 2022-2023 from VC)

H3) Source of fund raised : Friends and Family

H4) Total amount raised : 120,000 US$

H5) Has our idea been supported by any incubator in the past? : No

H6) Did we receive / receive sanction for any of the grants like SSIP / SAS / NIDHI / DST? : No

H7) Are we working on this idea full time? : Yes

H8) What do we expect from an incubation / accelerator program? :

1	Mentorship and Guidance
2	Networking Opportunities
3	Access to Funding and Grants
4	Patent and IPR Support
5	Other

I) Our growth strategy with 2-year plan :

Market Size : To acquire more than 15% of Vehicle Owners in India in next 2 years.

Growth Projections : To acquire 20% of AutoCare Providers in India in next 2 years.

With introduction of Subscription based charges, we expect to have a revenue of 1,500,000 US$ Annually in next 2 years.

J) Current challenges and what you need to overcome those :

We have to spend a considerable amount of time convincing and educating the AutoCare Service Providers (Mechanic / Crew).

Acquiring new customers to use our product via various offers and promo codes and referral bonus. To overcome this, we need funding to provide discounts on various services and products to penetrate into the AutoCare Services Industry.

K) Company Website : www.autoly.in

K1) Company Address :

Autoly AutoCare - India

92 Sarovar Complex B/H Samudra Annexi Complex

Chimanlal Girdharlal Rd, nr. Jain Derasar, Navrangpura,

Ahmedabad, Gujarat 380009

K2) Region : India

K3) Established Year : 2019

K4) Number of Employees : 22

K5) Image of the Founders :

K6) Team Image :

L) Product image :

Autoly AutoCare Offers Available to users on Mobile App

M1) URL of the company profile on YourStory :

https://yourstory.com/companies/autoly1

M2) URL of the company profile on CrunchBase :

https://www.crunchbase.com/organization/autoly-in

M3) URL of the company profile on ProductHunt :

https://www.producthunt.com/posts/autoly

M4) URL of the company profile on Angel :

https://angel.co/company/autoly-in

M5) URL of the company profile on BetaPage :

https://betapage.co/product/autoly-digital-autocare

M6) URL of the company profile on StartupIndia :

https://www.startupindia.gov.in/content/sih/en/profile.Startup.60212d80e4b07bbc25b97c6f.html

M7) URL of the company profile on StartUs :

https://www.startus.cc/company/autoly-india-digital-autocare-repairs-services-preventive-maintenance

N) Listed Market Name on Capital Market (if any) : NA

O) Support we currently need for our startup as per priority :

1	Visibility & PR
2	User Acquisition & Growth
3	Investment
4	Brand Building
5	Strategic Partnerships
6	Financial, Secretarial & Legal Services
7	Hiring
8	Other

P) Future Business plans (including willingness to expand abroad) :

Yes.

Phase 1 - Gujarat

Phase 2 - Pan India

Phase 3 - Asia

P1) Interest in Alliance with Overseas Company : Interested

Q) Do we have a Multilingual support system in our application? : Yes. Currently we have English, Gujarati & Telugu. More language support can be arranged.

R) Any awards, patents, etc. related to innovation. if yes, please mention, otherwise write NA : NA

S1) Any other information you would like to highlight or mention :

Autoly is an innovative and user-friendly application that connects the best AutoCare Providers (Crew) with Vehicle Owners (User) in need of AutoCare from Anywhere, at Anytime. This platform offers on-demand services, to give the best overall experience.

Autoly AutoCare App helps Vehicle Owners to manage Urgent Repairs, Regular Services and Preventive Maintenance. In addition, it can manage and monitor expenses to track the condition of vehicles.

Autoly AutoCare Features

Vehicle Management & Ownership Sharing
Expense Management & Reminders
Services & History
Ratings & Sharing
Offers & Communication

Autoly Crew App helps AutoCare Providers easily list their Businesses on the platform and can gain more operational visibility, targeting potential customers with offers.

Autoly Crew Features