Arbitration.in is a service that has a potential market
world wide.
In countries where ADR is an accepted way of dispute
resolution, it should be not difficult to convince the users of the benefits
of Arbitraion.in service.
Where ADR is yet to take off, there is a need to first
promote ADR and then market ODR.
Similarly, Internet
penetration and technical readyness of Arbitrators and Litigating parties
will also determine the market for Arbitration.in.
Hence
the time to develop market depends on the efforts to market the concept of
ADR and then the ODR.
The Technical and Administrative
requirements are on the other hand can be scaled up in no time.
However, the long term prospects of the service appear
to be very attractive.
Further the project will not have large gestation period with large upfront
losses typical of a "Start Up" project. This project is planned to break
even in the first year and a steady growth subsequently.
Investors who are comfortable with such projects may consider joining hands
with Ujvala Consultants if they are willing.
Arbitration.in is a project from among the various initiatives launched by
Naavi and hence there are other related projects including CEAC which can
also be harnessed globally along with Arbitration.in. Some of these projects
have the characteristics of the typical Start Up projects involving high
volume products or services with upfront investments and amenable to quick
valuation appreciation even during the gestation period.
Naavi is a well rounded professional with Financial and Marketing expertise
in addition to the domain expertise. He can lead the project to higher
levels with the support of other young entrepreneurially oriented
professionals. Hence Investors who could take part in the project as joint
promoters are also welcome to join hands.
Arbitration.in is yet to formalize the corporate structure and issue equity
for the stake holders. Presently, the stakeholders recognized for
Arbitration.in are as follows: