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Kanchanpur North Tripura
India , 2024
Kanchanpur North Tripura
Frozen Dal Chawal, Rajma Chawal, Pani Puri, Alu Puff Paties, Energy drinks in Powder shape with different fruits flavour.
Hotez is changing the frozen food market by offering affordable, healthy meals for the lower-middle class and who are busy in their daily schedule corporate job and students who are busy in their study Life no time to prepare healthy meals. There are 4 billion people worldwide, and 42 crore people in India, who earn ₹10,000–₹40,000/month and struggle to find nutritious meals. We offer products like Dal Chawal, Pani Puri, and Puff Patties for just ₹20–₹30. The global frozen food market is worth $280 billion and will grow to $400 billion by 2030. In India, the market is ₹15,000 crore now and will reach ₹561,160 crore by 2030. Our products have a 30% profit margin, and we use technology to keep costs low and quality high. We have 1000+ retail partners and are working with e-commerce platforms like Swiggy Instamart and BigBasket. Our goal is to make ₹36 crores in Year 1, growing to ₹600 crores by Year 3.
Product Price ➢ Pani puri = 20/rs ➢ Puff patties = 30/rs ➢ Dal chawal = 30/rs ➢ Rajma chawal = 30rs ➢ Powdered beverages = 10rs❑ Each product have net profit margings of average 6/Rs that is around 30% ❑ Mass scale manufacturing will increase our profit margins by 2x after 6 months Sales Models ➢ We are partnering with all the quick commerce and e commerce players in the market ➢ We will do partnership with food delivery platforms ➢ We are parterning with hotel , cafes , canteen , and other food places for selling them in b2b and raw materials ➢ We are partnering with retail shops , malls , distribution chains , foreign players for giving them white label manufacturing Extra Revenue Model- We will launch our 100 frozen brandedcarts that will sell our ready to eatsnacks directly to our customer also wewill produce sell more trending snackslike momos , onion rings , finger , burger , pizza , and many more with our frozencarts so that’s another stream forrevenue for us even we can directly testour new snacks with this model andcustomer feel more trust while dealing with us and after testing from cartscustomer can purchase all these snacks directly from our carts and we will placeall these carts in high foot fall areas thenwe will create temporary stores for ourfood also tie up with other brands todecrease the total cost.
India
Marketplace
B2B2C
McCain- foods is targeting only richclass of India and they have mostlywesterns food options so theirmarket penetrations is very lowcompare to other brands. Haldiram- is very old Indian brand but currently producing very high price of frozen foods even though mostly are unhealthy so only few peoples is giving try. MTR- foods focus is more on south Indian foods and their mostly products are comes at higher price and their verities of Indian foods are very. Amul foods- is also dealing with only rich and middle class peoples even they don’t have vast verities of trending frozen food.
Why did you decide to start this company?
Actually I find there is a market gap and find opportunity in this frozen food market. ( Details explanation when fixed our meeting I will explain).
Are all the founders full-time on this project?
Yes
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