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Crowdsourcing in Developing Economies
© All Rights Reserved
Why developing economies?
Bad infrastructure
High inequality of income
Inefficient economies
© All Rights Reserved
Location arbitrage
• Geographical boundaries are no longer a hindrance to collaborate
on ideas
• The...
© All Rights Reserved
Time arbitrage
True market driven pricing
Jugnoo enables its drivers to take
advantage of differenti...
© All Rights Reserved
Ambient computation
• Technology is the key enabler
• Context aware devices have made virtual aggreg...
© All Rights Reserved
Environmental effects
• Transition from produce more, consume more to produce less,
consume more
• M...
© All Rights Reserved
Increased personal freedom
• Increased real-time choice of work
• Maximize earning potential
Drive P...
© All Rights Reserved
Avg. working hours = 12 hrs
Present average rides = 6
Free time = 7.5 hours
Better economic efficienc...
© All Rights Reserved
Challenges that come with it
Crowdsourcing platforms can become monopolies, which is indirectly bein...
© All Rights Reserved
What is Jugnoo?
An auto-rickshaw
aggregator providing
on-demand A2B
transportation
Jugnoo means firef...
© All Rights Reserved
Traction
NOTE: Data taken till 19th October, 2015
Since launching Jugnoo, we have seen exciting grow...
© All Rights Reserved
Thanks
Samar Singla
Founder and CEO
samar@jugnoo.in

+1-415-658-5227
+91-8054972627
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Crowdsourcing in Developing Economies

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Samar Singla, CEO & Co-Founder, Jugnoo. Presented at Crowdsourcing Week Europe 2015. For more information or to join the next event: http://crowdsourcingweek.com/

Publié dans : Économie & finance
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Crowdsourcing in Developing Economies

  1. 1. Crowdsourcing in Developing Economies
  2. 2. © All Rights Reserved Why developing economies? Bad infrastructure High inequality of income Inefficient economies
  3. 3. © All Rights Reserved Location arbitrage • Geographical boundaries are no longer a hindrance to collaborate on ideas • There is a lot of difference between the living costs across borders InThousands 0 300 600 900 1200 US India Philippines Pakistan UK Canada Bangladesh * Elance report Country wise freelancers
  4. 4. © All Rights Reserved Time arbitrage True market driven pricing Jugnoo enables its drivers to take advantage of differential pricing and also better manage their idle time Demand-supply gaps determine real time pricing
  5. 5. © All Rights Reserved Ambient computation • Technology is the key enabler • Context aware devices have made virtual aggregation possible In current scenario, 2 billion users belong to developing nations which seemed impossible in 2000 * Source : ITU Global internet penetration : 2000 - 2015
  6. 6. © All Rights Reserved Environmental effects • Transition from produce more, consume more to produce less, consume more • Measure of development becomes consumption not production The Zipcar impact Zipcar Every Zipcar takes the place of about 15 personally owned cars Reduction of 35% to 65% in CO2 emissions * As per environmental study done in 2014
  7. 7. © All Rights Reserved Increased personal freedom • Increased real-time choice of work • Maximize earning potential Drive Passengers Do Deliveries Code
  8. 8. © All Rights Reserved Avg. working hours = 12 hrs Present average rides = 6 Free time = 7.5 hours Better economic efficiency Effective ride time = 35 mins Avg. ride time = 20 mins Avg. pick-up time = 5 mins Idle time = 10 mins Extra rides to tap = 14.5 Potential value per day = $72M/day Avg Fare = $ 1 Driver Opportunity Cost = $ 14.5/day Total autos in India = 5M Additional potential value Jugnoo can create $26 billion per year
  9. 9. © All Rights Reserved Challenges that come with it Crowdsourcing platforms can become monopolies, which is indirectly being encouraged by regulations • Government can level the ground and there can be healthy competition by making the guidelines around these platforms open and flexible • Strong background verification before making the platform open How to tackle it? Increased Concentration of Wealth Privacy and security threats • Threat to Intellectual property • Confidentiality risk
  10. 10. © All Rights Reserved What is Jugnoo? An auto-rickshaw aggregator providing on-demand A2B transportation Jugnoo means firefly in Hindi, the logo symbolizes a firefly from front, the wings are the constant branding element across verticals
  11. 11. © All Rights Reserved Traction NOTE: Data taken till 19th October, 2015 Since launching Jugnoo, we have seen exciting growth and user engagement across cities. 800k
 Users 10k
 Daily Transactions 800k
 Total Transactions $10k
 Daily GMV © All Rights Reserved Jugnoo Launch Dates: Chandigarh : 1st Nov, 2014 Ludhiana : 15th Jan, 2015 Amritsar : 15th Mar, 2015 Jaipur : 25th May, 2015 Gurgaon : 1st June, 2015 Indore : 1st July, 2015 Delhi : 5th Aug, 2015 Ahmedabad : 9th Sept, 2015 Pune : 13th Sept, 2015 Nasik : 22nd Sept, 2015 Jodhpur : 23rd Sept, 2015 Surat : 24th Sept, 2015 Vadodara : 24th Sept, 2015 Nagpur : 29th Sept, 2015 Noida : 29th Sept, 2015 Hyderabad : 3rd Oct, 2015 Bhuvneshwar : 4th Oct, 2015 Guwahati : 5th Oct, 2015 Mysore : 7th Oct, 2015 Udaipur : 15th Oct Kota : 18th Oct Chandigarh Amritsar Ludhiana Gurgaon Delhi Noida Guwahati Bhuvneshwar Hyderabad Mysore Jaipur Jodhpur Ahmedabad Surat Vadodara Indore Nagpur Nasik Pune Udaipur Kota
  12. 12. © All Rights Reserved Thanks Samar Singla Founder and CEO samar@jugnoo.in
 +1-415-658-5227 +91-8054972627

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