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LSM Project Review 1

This project report was submitted by 6 students in partial fulfillment of requirements for a subject on lean startup management at VIT Business School. The report proposes a startup called Terrepedia to help people adjust when moving to new cities. The startup will initially offer listing services to provide information about places of interest and amenities. It will also provide a blogging platform and advertising services for local businesses. The goal is to help new residents and connect them with local services and entertainment while gradually expanding offerings.

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Samyak Doshi
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0% found this document useful (0 votes)
140 views2 pages

LSM Project Review 1

This project report was submitted by 6 students in partial fulfillment of requirements for a subject on lean startup management at VIT Business School. The report proposes a startup called Terrepedia to help people adjust when moving to new cities. The startup will initially offer listing services to provide information about places of interest and amenities. It will also provide a blogging platform and advertising services for local businesses. The goal is to help new residents and connect them with local services and entertainment while gradually expanding offerings.

Uploaded by

Samyak Doshi
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Download as PDF, TXT or read online on Scribd
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TERREPEDIA

PROJECT REPORT (REVIEW-1)

Submittedby

1)Palak Toshniwal-18BEC0420
2)Samyak Doshi-18BEC0379
3)Tushar Patidar-18BEC0485
4)Suvit Sharma-18BIS0118
5)Sundaram Yadav-18BCE2476
6)Yash Vaish-18BCI0123

In partial fulfillment of the requirements for the J-Component of Subject

LEAN STARTUP MANAGEMENT

VIT BUSINESS SCHOOL


VIT UNIVERSITY
VELLORE 632014
SEPTEMBER 2020
ABSTRACT
Sometimes, people visit new places and aren’t aware of various information
about the place, such as basic amenities available, nearby major landmarks and
many more. This can be a problem if someone faces an extreme situation or
requires some specific service. This can not only hamper crucial work, but also
can lead to personal losses.
As a part of our start-up we intend on helping people adjust when they
arrive in a new city. As mentioned before due to the cosmopolitan
transformation, people shift to new cities for jobs and other purposes. This
causes problems for the people who shift to the new city. They don’t know the
rates of transport or local prices of the articles and furthermore have problems
in communication.
 We intend to offer a variety of services through the proposed website which
would cater to the working professionals’ group that live alone.
 We initially would start by offering listing services which would help people
settle into new cities and gain knowledge about places of interest to them.
 Later we plan to provide a blogging platform where our customers can express
and share their thoughts.
 We also plan to offer an advertising platform and reviewing services to local
businesses to help them expand their customer base.
The customer will be able to gather the specifics of a place they visit and
access a platform that could help people in any dilemma that they may face.
We would then gradually shift to entertaining the people through blogs and
start outsourcing our capability to translate for transcreation purposes.
Transcreation changes the message from one language to another while
keeping the essence of the message the same. Furthermore, we would extend
to all the sections of the community.

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