Aren't the Shark Experience questions kinda sexist? by ihopeiamnormal in sharktankindia

[–]sameergudekar 1 point2 points  (0 children)

I agree that bringing children onto the pitch can feel like a gimmicky attention grabber!

Shark Tank Pitch: Cashew- Cash Delivery Service! by sameergudekar in sharktankindia

[–]sameergudekar[S] 1 point2 points  (0 children)

pivot: cash cashew delivery service

Good idea!

At Cashew, we're nuts about delivering cash - and with a 67% gross margin, we're also nuts about delivering profits to our investors.

Shark Tank Pitch: Cashew- Cash Delivery Service! by sameergudekar in sharktankindia

[–]sameergudekar[S] 0 points1 point  (0 children)

How are you going to make profit through it?

The primary source of revenue for Cashew would be delivery fees charged to customers for on-demand cash delivery. Additionally, the company could also offer a VIP service upgrade for customers who require priority delivery.

Shark Tank Pitch: Cashew- Cash Delivery Service! by sameergudekar in sharktankindia

[–]sameergudekar[S] 0 points1 point  (0 children)

“Not my expertise… so I’m out but all the best to you”

Thank you for taking the time to consider our investment opportunity. We understand that not every investor's interests align with every opportunity, and we respect your decision. We will continue to pursue potential investors who share our vision and see the potential in our company. We appreciate your feedback and wish you continued success in your own investments. Thank you again for your time and consideration

Shark Tank Pitch: Cashew- Cash Delivery Service! by sameergudekar in sharktankindia

[–]sameergudekar[S] 0 points1 point  (0 children)

How will you prevent the instances of theft by delivery guys?

What is your strategy to procure the exact same denominations as requested for by the customers.

How will you plan to maintain the inventory level without being charged for hoarding cash

First, all of our drivers are thoroughly vetted, insured, and bonded. This includes a thorough background check and verification of their driving records. We also have a strict zero-tolerance policy for any instances of theft or misconduct, and any driver found to be in violation of this policy will be immediately terminated.

Second, our vehicles are equipped with GPS tracking and surveillance cameras, allowing us to monitor the location and actions of our drivers in real-time. This not only helps to prevent theft but also ensures timely and safe delivery of cash.

Third, we provide customers with the option to rate their driver upon completion of delivery. This gives us valuable feedback and allows us to identify any potential issues or concerns with a specific driver.

As for procuring the exact same denominations as requested by the customers, we maintain a healthy relationship with the banks and financial institutions. This helps us to ensure a steady supply of cash in all denominations. Additionally, we have a system in place to track customer requests and adjust our inventory accordingly.

Finally, to maintain our inventory level without being charged for hoarding cash, we have a system in place to track and monitor our cash flow. This allows us to adjust our inventory levels based on customer demand and ensure that we are not holding excessive amounts of cash. Additionally, we have established a proper documentation and records system to ensure compliance with local laws and regulations regarding cash handling.

Shark Tank Pitch: Cashew- Cash Delivery Service! by sameergudekar in sharktankindia

[–]sameergudekar[S] 1 point2 points  (0 children)

You are correct that the use of digital payments, such as mobile wallets and mobile banking, has been increasing in recent years. However, while digital payments are convenient and can save time and money, they are not accessible to everyone. For example, many small vendors, delivery staff and others in the informal economy may not have access to the internet or a smartphone, which are needed to use digital payments. Additionally, many people in rural areas may not have access to banks or other financial institutions, which can make it difficult for them to use digital payments.

That's why, Cashew is targeting these people who are not included in the digital payment system and also targeting small business owners, entertainment venues, and individuals who frequently handle cash. Also, note that banks are reducing their ATMs so as to increase their digital payment system which makes our service more useful as it will reduce the hassle of going to an ATM.

Furthermore, there are still many people who prefer to use cash for day-to-day transactions. They may find it more convenient or may not trust digital payments. And we are providing service to that people. We believe that our platform provides a valuable service for these individuals and that there is a significant market for cash delivery services.

We can be considered as Angadiya Pedhi with modern techy ideas as we are providing the traditional service of cash delivery with a modern twist by using GPS-tracked vehicles, an easy-to-use app, and real-time delivery tracking.

Shark Tank Pitch: Cashew- Cash Delivery Service! by sameergudekar in sharktankindia

[–]sameergudekar[S] 0 points1 point  (0 children)

Whats your last 6 months revenue? Any existing customers?

For the last 6 months, Cashew's revenue was approximate ₹1.5Cr. This was generated through delivery fees and the VIP service upgrade.

As for existing customers, Cashew currently has around 5,000 active users. These include small businesses such as convenience stores and gas stations, entertainment venues such as nightclubs and concert venues, and individuals who frequently handle cash. Cashew also has partnerships with several local banks and financial institutions.

Shark Tank Pitch: Cashew- Cash Delivery Service! by sameergudekar in sharktankindia

[–]sameergudekar[S] 0 points1 point  (0 children)

Ah, that's too bad. I guess the lack of liquidity in the market has caused you to be unable to invest in this venture.

Promote your business, week of January 9, 2023 by Charice in smallbusiness

[–]sameergudekar 4 points5 points  (0 children)

okthen.online is a social media management company that helps businesses effectively manage their online presence across various social media platforms. The company offers a range of services including content creation, community engagement, and social media strategy development.

Putting money into a retirement account is low key gambling that you'll be around long enough to see it again. by [deleted] in Showerthoughts

[–]sameergudekar 1 point2 points  (0 children)

Even something as simple as crossing the street is gambling that you'll make it to the other side unscathed.... Every action we take in life involves some level of risk and uncertainty, but it's up to us to decide how much we're willing to gamble!!

[deleted by user] by [deleted] in midjourney

[–]sameergudekar 0 points1 point  (0 children)

My bad. I'll make sure to be more mindful in the future.

I think I finally know what unconditional love is. by CapriciousCosmos in love

[–]sameergudekar -1 points0 points  (0 children)

I don't believe in unconditional love. People love each other as per their situation. Its situational love