Cash Ur Drive 2p2b5e

By: Sahil Khanna Roll Number: 8374

Here is how the story goes.. Raghu Khanna was always interested in driving. While pursuing an electronics engineering degree from IIT Guwahati he developed a model for Drowsy Driver Detecting — a system enabling the detection of non alert or drowsy drivers. The uniqueness of this idea saw him as one of the twenty finalists in the Philips Simplicity challenge at the beginning of the year. Here he met 19 other finalists with entrepreneurial zeal, who wanted to do their own thing, and this inspired him to do his own thing.

As soon as he got his engineering degree he got an offer from an IT company in Bangalore, and simultaneously received ission at London School of Economics for a Masters degree. He had his visa and his tickets were booked, but then he decided to pursue his ion and try to translate what was playing in his mind into reality, thus taking the proverbial entrepreneurial plunge.

He founded CASHurDRIVE, India‗s first on-vehicle ment website. ―We are pleased to introduce ourselves as the nation‘s first and

only On-Vehicle Advertising company. CASHurDRIVE aims to ease the burden of rising fuel cost and soaring inflation rates. After you with us at www.cashurdrive.com you can earn while driving normally — no change in mileage, no additional driving. Just do what you do each day of week and earn! While car owners will get fuel for putting ments on their cars, rs will be able to take advantage of this new and unexplored medium of ment. The motto of our company is: ―Get Seen, Get Paid‖!‖

How does it work? Sure sounds good, but how does that work? CASHurDRIVE works closely with rs to select the best car owners from across India.

―The thing that makes the mobile advertising idea work is satellite tracking, or Vehicle tracking System which measures the ability for clients. The system is installed in the cars, at the same time they are wrapped which helps to monitor the ―wheelboard‖, making sure that the brand is not in any wear or tear form and is forming an impression on the customer‘s mind as it is supposed to do. Our friendly customer executives, personal business managers and a dedicated Call Centre make sure that our clients are given the utmost importance. Our partner fuel station HPCL and BPCL on panIndia level act as random check-up camps to ensure that the brand is in proper condition. The car owners will receive a pre-loaded magnetic card at the start of the campaign using which they can receive free fuel at the fuel stations.‖

Where did it all start? This unusual idea came to him, says Raghu Khanna, CEO of CASHurDRIVE, while he was in an all-too-familiar setting . It is often said that creativity comes in all forms, shapes and sizes… But in Raghu Khanna‘s case ingenuity stuck to him in a TRAFFIC JAM!

―An idea to convert traffic into business opportunities came to me when I was driving and got stuck in traffic. The funny slogan behind trucks and vinyl stickers on police jeeps kept me busy and I couldn‘t take my eyes off it. The idea to charge rs to put their messages on privately owned vehicles clicked me.‖

Who does the Printing? Auto Graphics Digital, Bangalore, is working with CASHurDRIVE as their print partner. The car owners need not worry about getting the paint of the car spoilt after removal of the vinyl films. Auto Graphics Digital provides an unparalleled range of digital printing services across the industry.

―With this small step we not only benefit the car owner and r but also the environment by shrinking the big carbon footprint because we are advertising on vehicles that are already on the road, which means we are not using energy or natural resources to promote the product or service. The result is a greater environmental public image and the real world impact of reducing carbon footprint.‖

Future Plans The CASHurDRIVE Group will soon launch Online Viral campaigns, Social Networking Deployments and cell phone call back brand campaigns. Its business model is well validated with funding from VC Hunt. CASHurDRIVE has a growing client list, with the ‗Virgin Mobile, Friends Forever‘ series already advertising in certain belts. Presently the company operates out of Chandigarh, Mohali (SAS Nagar), Panchkula and parts of Himachal Pradesh, as well as Delhi and Gurgaon, and plans are afoot to spread out across India.

Such big plans can surely be difficult to put into action, but Raghu Khanna does not intend to rest on his laurels, drawing strength to face the daily trials of entrepreneurship from his family. His father, a professor, inculcated strong values in him and inspired him to always look at excelling in whatever he undertook, while his mother, who runs her own business, is a role model. Whenever he has a tough day at work, she reminds him of the fact that Rome was not built in a day. And the work is challenging, since for him everything is hands-on: not only is he the CEO, but he also has had to contribute materially in other aspects of the business venture, as a strategist, sales person, CFO, s manager, content writer and so on.

Raghu Khanna, The Entrepreneur.. Raghu Khanna, CEO, CashUrDrive hails to the race of young Turks aiming to make it big one day. And much to our surprise, he has already chalked halfway through it. As today, his two and a half year old start upCashUrDrive is not only India‘s first On-Wheel Advertising Company but also adorns a long standing brigade of clients in its kitty including- Adidas, Lays, Subway, Coca Cola, Levis, Pizza Hut, Pepsi, Reliance Mutual Fund, Reliance Communication, Reliance Net Connect, Tata Indicom, Tata DoCoMo and NACO(National AIDS

Control Organisation).

Gifted at creating business concepts that are unique his brainwave-CASHurDRIVE banks on the funda of ―Permission Marketing‖, relatively a naïve concept in India. But the thing that has worked wonders for him is that CashUrDrive generates a typical Win-win situation for all three- Advertsiser, carowner and the agency itself. As it not only gives the r the complete package to target the Indian demographics but also caters as a perfect solution for rising fuel cost and inflation rates in India for the car owners.

Also, CASHurDRIVE promotes eco friendly methods of advertising wherein the Company is free from the menace of cutting down trees to make the billboards or spoil a Landscape or deface something. As the cars are already running on road and the agency just pastes Vinyl Wraps that don‘t spoil the paint of the car once removed. Interestingly this concept is a big hit in countries like Canada, USA & Australia and rakes in thousands of dollars for per ad, but in India it‘s still in the nascent stages.

But least affected by it, Raghu is in his full gears. As he avers,

―I am trying hard to create a niche in this new and exciting industry‖. His agency has launched a host of value-added services for its customers. Right from ing hands with HPCL/BPCL for providing fuel coupons to the car owners, to a vehicle tracking system for its clients, a centralised printing of stickers in Bangalore and launching a new vertical called – CYCLOBRANDS, he is leaving no stone unturned to make this concept popular. The reason for his aggressive push also stems from the increasing competition from radio taxis and buses using the same mode of ment in the country. However, an eternal optimist Raghu is all qualms and is bull headed towards his goal.

So much so, that his team also suffer from one common syndrome namely- BSD. Wondering, what on earth it stands for? Well like Raghu they are (B)rilliant (S)mart (D)esperate to make things work! This man surely knows how to transform your fuel-guzzling car into a revenue earner for sure

The work is also exciting, though, and the desire to be a national Indian brand of the same stature as Google, Facebook and Orkut — none of which are of Indian origin but nevertheless helps makes our life easier — drives Raghu Khanna on. It is his wish that CASHurDRIVE should one day connect people from all over India at par with these big names, and thus empower Indians and enrich their lives.