| Current Status | Pre-Revenue |
| Amount Invested | RM95,000 |
| Funding Required | RM500,000 |
| Description | We are hopping on the sharing economy band wagon by building a power bank sharing eco system in Malaysia. We are providing a service to allow people to rent a power bank instead of purchasing a power bank. |
| Business Opportunity | We are solving the problem of e-waste in the country. The current non-recyclable waste is with e-waste and we are solving by reducing the e-waste in the country. |
| Revenue / Business Model | We are renting the power banks for RM1 per hour and RM15 per day. We will have other sources of income with advertising opportunities, franchising opportunities and sales of machine. |
| Management Team | We currently have 2 shareholders and 1 executive share holder. |
| Company Background | We started our company in February 2018 and our contract with Brezze Singapore started on 1st July 2018 after negotiations. We have 70% of the licensing fee to Brezze Singapore and purchased 5 units of machines. Approximate investment to date is RM90,000. We started placing machines out there since September 2018 and we have 5 machines in public spaces to date and we have accumulated 300 users. |
| Funding Milestone |
We will be using the funds as per following:
70%: To purchase units 20%: Operations and Marketing 10%: Authority Licensing |
| % Equity Allocation | 25% |
| Expected ROI | 2 years |
| Company Name | Brezze Malaysia Sdn. Bhd. |
| Website/Facebook | http://brezze.my/ |
| Business Address | 15, Jalan Damansara Endah, Damansara Heights, 50490 Kuala Lumpur |
| Contact Person | Kuhan Ganeswaran |
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