Photo - rekatone.com
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rekatone.com

Match, Design and Bid

Malaysia
Market: Internet and IT
Stage of the project: Operating business

Date of last change: 19.08.2021
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Idea

rekatone.com, a technology startup aims to modernize renovation/interior design industry by bringing it online to create a whole new level of user experience. By introducing a transparent and secure bidding platform to our user through rekatone.com, this will provide a affordable design and build package for our users.

Current Status

 377 design and build professional registered
 2162 customers successful listed in marketplace
 8181 leads received (since November 2019)
 809 projects handed over by our design and build professional
 145 Million transaction value of the successful leads (since November 2019)
 67K (Facebook) likes and followers

Problem or Opportunity

 Wasting of time sourcing reliable professionals
 Difficulty in getting best offer
 Dealing with authorities
 Project handover on time
 Contract dispute
 Low knowledge on job quality inspection

Solution (product or service)

 Design
 Matching
 Fair value
 Cost effective
 Digitise contract
 Time saving
 Quality & Payment

Competitors

 Few renovations platform provides in the market, those who do the same product. In addition, our company provides unique product to the market. Our core features against competitors there are e-bidding and project management.

Advantages or differentiators

Live Bidding

Finance


Money will be spent on

BUSINESS DEVELOPMENT/ ENHANCE TECHNOLOGY / MARKETING


Team or Management

Product Video

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Idea
Current Status
Market
Problem or Opportunity
Solution (product or service)
Competitors
Advantages or differentiators
Finance
Invested in previous rounds, $
Business model
Money will be spent on
Offer for investor
Team or Management
Mentors & Advisors
Lead investor
Risks
Incubation/Acceleration programs accomplishment
Won the competition and other awards
Invention/Patent
Photos
Product Video
Presentation