iWEB TECHNOLOGY SOLUTIONS

PVT. LTD EMPOWERING AGILITY™

CONCEPT EVOLUTION

Integrated automation of business processes benchmarked to international best practices

Lack of operating data for critical decision making

Prohibitive cost of implementing quality ERP solutions

Elongated implementation cycle increasing TCO and reducing ROI

MARKET OPPORTUNITY

As per an ICAI report there are around 7 million SME units that need enterprise management solutions.

Fragmented Market

Global Opportunities / Scalability

Regulatory Compliance

ABOUT US

iWeb Technology Solutions Pvt. Ltd. is an

innovative web-based platform technology (PaaS)

company empowering the underserved Small &

Medium Sized Enterprise segment (SMEs) to re-

engineer business processes for global scalability

and regulatory compliance through cost effective

enterprise class business applications with a

shorter deployment cycle enabled by Agilewiz™.

Agilewiz™2.0 Snapshot

On-Premise

SaaS/Hosted

AgileWiz™ 2.0

ERP & Other

Business Applications

E-Governance

Solutions

Large Project

Applications

FRAMEWORK:

APPLICATIONS

DELIVERY METHOD

Agile Analyti

csBUSINESS INTELLIGENCE

MARKET RISKCustomer Inertia – Cost, Complexity, Go-Live

Cycle

Creating a brand identity – Established competitors

Risk Mitigation:

Shorten Deployment Cycle – Promote

Agilewiz™

Targeted Direct Sales Processes

Develop Channel partner network

Emphasize Cost / Feature Superiority

COMPETITOR ANALYSIS (S-W-O-T)◦ SAP (Business One ):

brand identity – cost – focus shift – local competition

◦ Ramco: established name – cost – SME acceptance - technology

◦ Orion: industry veteran – cost – SME acceptance – new competition

◦ Salesforce.com: customer list – cost – SME acceptance – flexibility

◦ Microsoft: brand name – cost / rigidity – focus shift - flexibility

Agilewiz™ 2.0

iWeb Knowledge Base

• Structured

• Enhanced

Agilewiz 1.0 + iWeb Enterprise Suite Various Modules

Application Generation

• Menus

• Metadata

• Scripts/Templates

• Community

Partner Facilities & Services

• Provided / Managed Knowledge

Public Private

Collaborate with professionals like CAs, System Integrators etc.

SAP

ORACLE(Branded ERPs)

Frozen In Technology +Difficult to Expand +Ever changing needs

Expensive + Difficult + Time Consuming + Require Specialist Skills.

PRODUCT iWEB ENTERPRISE SUITE™

iWEB Module (CRM, PRM, SRM, MRM, FM)

Developed over the past 4 years along with involvement of our customers

Customer Verticals Served: Financial Services Auto Ancillary

Textiles Training Medical Devices Telecom NGO

Agilewiz™2.0-Device Capability

CORPORATE MILESTONES Incorporated on April 21, 2005

Started Full-Fledged development on Agilewiz -1.0 framework in 2006

Signed the first Channel Partnership deal in year 2007

Development on Agilewiz-2.0 started in year 2008

Successfully hosted iWeb application on a hosted datacenter for global usage in 2009

Positioning & launch on the SaaS model was successful in the year 2010 for 350 users

CONTINUED… Launched the iWeb PDA / Handheld Version in

2010

Wipro Infotech initiated discussions on SaaS and GTM is planned

Mr. Naresh Kriplani joined the iWeb board, handling channel sales & partner development

A Mumbai based Angel investor has committed to co-invest upto 50% on the mutually agreed valuations .

iWeb is in the process of forming a US subsidiary (60-40 in our favour) with a SandHill Angel(California) investor who will be funding the US operations.

PRODUCT USERSPartial List iWEB ENTERPRISE SUITE™

Maxtech Sintered Product Pvt. Ltd. – Auto Ancillary Product Manufacturer

RBA Textiles Pvt. Ltd. – Textiles and Garment Manufacturer

World Health Partners NGO – Affordable Healthcare for Rural India (Funded by Warren Buffet Foundation and the Bill and Melinda Gates Foundation)

Ace Technologies – Industrial Machinery – F&B, Pharmaceuticals, Packaging

MODULAR India Infoline Ltd. – Publicly traded Full Service Brokerage

Frankfinn Institute of Air Hostess Training – Vocational Training

Dawnay Day AV (India) Advisors Pvt. Ltd. – Investment Banking

Synthes Medical Pvt. Ltd. (MNC) – Medical Device/Equipment Manufacturing

LICHFL Financial Services Ltd. – Financial Products Distribution

Bharti Airtel India Ltd. – Telecom

BENEFITS TO CUSTOMERS - 2 man days to process 100+

employees payroll

- Zero pilferage in data and achieved 25% increase in prospect conversion

- 20% increase in renewals

- 100% leads tracking and follow-up

- expects ≈ 15% increase in customer loyalty

- PDA enabled inventory management for rural healthcare delivery

BUSINESS PARTNERSPartial List-

License Module & Implementation Partners

Systronet Technologies – IT Consulting Firm                                          

Malvika Mitra – Practicing Chartered Accountant  

Credit Information Bangladesh Limited- Software Company 

Shah Vallabh & Company -  Practicing Chartered Accountant & Tax consultant offering various Financial Services                            

                       SaaS/Cloud & Hosting Product Partners

Wipro Infotech Ltd. - IT Services 

i2k2 Networks (P) Ltd. - Datacenter Provider

PIPELINE CUSTOMERS

– Readymix concrete

(Onida Group) – Service and Distribution

- (Lohia Group) – Hospitality & Services

– Service & Distribution

CHANNEL PARTNERS

– Data Centre & Infrastructure Provider

– Braodband/Data centre Provider

– Infrastructure provider

THE TEAM 

Ketan Trivedi, B.Com, CA *Founder, CEO & CFO

Akshay Shah, B.Com, MBA *, **Founder and COO

Varsha Shah, B.E (IT) **Chief Marketing Officer

Naresh Kriplani, B.Tech. (IIT), MS (UC Berkeley), ***

55 30

Director - Business Development

Ranjan Kumar, M.Tech (IIT) **** 48 19R&D Manager/Consultant

50 29Chief Accountant & Finance Manager - Nirlon Group, Independent Practice, Associated with 2 start-ups

Name/Position Age Experience KEY SKILLS

28 11CMO & COO - Asic Infotech, Technical Branch Manager - VSNL affiliate, Manager - Web Shoppe (All start-ups)

30 8Marketing Manager - Bajaj International Pvt. Ltd., Asst. Manager Sales & Marketing - A.R. Wonders Technologies Pvt. Ltd., Business Development Executive - Pinnacle Infoway (I) Ltd.

*** Naresh has been associated with iWeb for the last two years

**** Ranjan has collaborated with the iWeb team for the last 5 years

Systems Analyst/Marketing - IBM, Business Development - SAP Training Institutes, COO - Onida Infotech, SAP/ERP Practice Head - Mphasis, Consultant/Marketing - SAP Partners, SAP Training Institutes

Project Manager - Citigroup, Chief Software Architect - Reuters Japan, Business Analyst/Architect - UBS, Subject Matter Expert - Bank of Tokyo-Mitsubishi (Financial Products Processing)

* Worked together on various IT projects for 3 years before founding iWeb

** Wife of Akshay Shah and with iWeb since 5 years

OPERATIONS DATA2010 * 2009 2008 2007

Revenue 7,735,000 5,604,441 3,225,388 2,737,491

Operating Expenses 5,971,000 4,778,490 2,920,313 2,606,683

EBITDA 1,691,000 1,341,996 749,272 189,973

* Provisional

2010 * 2009 2008 2007

ASSETS

Net Fixed Assets 13,988,000 10,964,022 1,495,877 172,471

Current Assets 6,400,000 3,891,104 2,705,991 1,665,783

Deferred Tax Asset/(L iability) 67,000 67,320 982,400 (8,020)

L IABIL ITIES

Current L iabilities 4,965,000 5,287,423 2,441,739 1,992,593

Unsecured Loans 12,679,000 8,588,781 1,060,305 26,949

SHAREHOLDERS' EQUITY

Share Capital 400,000 400,000 400,000 200,000

Reserves and Surplus 977,000 488,154 195,853 100,556

* Provisional

INCOME STATEMENT

Rs.

BALANCE SHEET

Rs.

THE DEAL50,000,000

25%

5

32

140%

Investment Duration (# of years)

Investment (INR)

Investor Share

Realized ROI (Times)

Realized ROI (IRR)

24%

10%

12%

10%

20%

4%

20%

USAGE OF FUNDS

Exiting Investors

Capex Requirements

Premises Rental Cost

R&D (Strengthing the Product)

Channel Partner Development

Repayment of Short-Term Borrowings

Working Capital

FINANCIAL PROJECTIONS

0

100,000,000

200,000,000

300,000,000

400,000,000

500,000,000

600,000,000

Year 1 Year 2 Year 3 Year 4 Year 5

PROFITABILITY

EBITDA

Net Earnings

25,000,000

225,000,000

425,000,000

625,000,000

825,000,000

1,025,000,000

Year 1 Year 2 Year 3 Year 4 Year 5

REVENUE

Breakeven

Revenues

STRATEGY EXECUTION

0

50

100

150

200

250

Year 1 Year 2 Year 3 Year 4 Year 5

Uni

ts

iWeb Modular

Direct Sales (Domestic)

Direct Sales (International)

Channel Sales Domestic

Channel Sales International

0

20

40

60

80

100

120

Year 1 Year 2 Year 3 Year 4 Year 5

Uni

ts

iWeb Enterprise Suite

Direct Sales (Domestic)

Direct Sales (International)

Channel Sales (Domestic)

Channel Sales (International)

0

5

10

15

20

25

30

Year 1 Year 2 Year 3 Year 4 Year 5

No.

of P

artn

ers

DOMESTIC PARTNER PROGRAM

iWEB Enterprise Suite Licence

iWEB Modular Licenses

No. of Partners required

* Average Partner Sale

0

5

10

15

20

25

Year 1 Year 2 Year 3 Year 4 Year 5

No.

of P

artn

ers

INTERNATIONAL PARTNER PROGRAM

iWEB Enterprise Suite Licence

iWEB Modular Licenses

No. of Partners required

* Average Partner Sale

RETURNS ANALYSISCapitalization Table

Round 1 in Year 1Price/Share 396.83

Investment # of Shares Owner-Shareholders (Rs Millions) ship

Management - 378,000.000 75.0%Investor 1 50.00 126,000.000 25.0%Investor 2 - 0.000 0.0%Investor 3 - 0.000 0.0%

Total 50.00 504,000.000 100.0%

Post-Money Valuation 200,000,000.00 Pre-Money Valuation 150,000,000.00

Investor 1 ReturnsRs In Millions

Year 1 Year 2 Year 3 Year 4 Year 5

Exit-Year EBITDA (Rs) 550.49 Operating Performance (%) 100.0%EBITDA Multiple 12.0x

Enterprise Value (Rs) 6,605.88 Less: Net Debt (Rs) 0.0

Total Equity Value (Rs) 6,605.88

Investor 1 Ownership (%) 25.0%Investor 1 Equity Value (Rs) 1,651.47

Proceeds at Exit (Rs) 1,651.47 Total Proceeds to Investor 1 (50.00) - - - 1,651.47

Internal Rate of Return (IRR) 140%Cash-on-Cash (CoC) 32.0x

WHY iWeb? Agilewiz™ - a unique Platform Technology on

which applications are generated.

Agilewiz™ integrates a Business Process Management Suite (BPMS) with a Knowledge Base to create multi-vertical & horizontal applications on the fly.

The 7 layered architecture of Agilewiz™ is designed ground-up and is independent of technology related limitations.

In summation - Agilewiz™ is an innovative technology that works seamlessly across databases, which can on-demand, operate under various delivery models including SaaS, PaaS (Web 2.5), Cloud Computing platforms to address the distinctive and disparate needs of the SME segment

ACCOLADES & ACHIEVEMENTS iWeb is a nominee of NASSCOM EMERGE 50 Awards for 2010

http://blog.nasscom.in/emerge/2010/07/its-time-to-unveil-the-nasscom-emerge-50-for-2010/

“iWeb is a finalist of TechSparks 2010 program. TechSparks is being supported by Microsoft BizSpark, YourStory, Guidewire Group & the Innovate! 2010 program along with CNBC TV18. Visit - http://www.techsparks.in

iWeb is selected as "The Most Promising Startup from INDIA" and exhibited in Singapore @ Echelon 2010, Asia's Leading Web Technology Event. http://www.amiando.com/echelon2010.html

“STAR ENTREPRENEURSHIP AWARD" is conferred to iWeb promoter Mr. Akshay Shah by the “3rd International India Innovation Summit 2010”. More details available at www.3is.biz

iWeb founder Director Akshay Shah topped the Most Popular Entrepreneur Challenge 2009 and was voted The Top Rated Entrepreneur in the same campaign. Please refer www.yourstory.in OR http://www.yourstory.in/entrepreneurs/participants/1843

iWeb has been named as a Key Emerging Indian SaaS Player by Zinnov Consulting in their recent report – SaaS Landscape in India. http://www.zinnov.com

Strong Management Team

Agilewiz™ - Innovative platform

Product successfully implemented across multi-verticals

Successful Multi-device delivery model

Channel Development Traction

Proudly from iWeb Technology Solutions Pvt. Ltd. Team

INVESTMENT RATIONALE