When considering India's youth (ages 16 to 25), we often see students who have been focused on their studies from a young age. However, many of these college students still rely on their parents for "pocket money," which limits their independence and keeps them within a world controlled by parental decisions and scrutiny.
In parallel, we observe that India's employment drive largely depends on Micro, Small & Medium Enterprises (MSMEs) and local stores in our markets. These sectors provide the bulk of employment opportunities in India. However, this system has faltered over the last decade. To address this, we have developed a solution that creates a completely new field of opportunities.
We also need to recognize what international companies with elite stores (like McDonald's and Domino's) require when they enter India. They need a skilled, well-versed English-speaking workforce at the ground level to enhance customer experience. However, there has always been a shortage of such a workforce. The solution lies in our hands, but cultural and traditional factors often prevent Indian youth from pursuing these opportunities. They lack a respectable platform to approach these companies or local stores. Moreover, bias and complications at these stores have discouraged kids from well-to-do families from taking up such jobs.
Our research into part-time jobs in North America, Europe, and Australia reveals that these regions have long embraced a work culture that balances studies and real-world exposure. This is a valuable lesson for us: to understand that studies alone are not life and that real-world exposure is crucial.
At The Pocket Money, we are revolutionizing the way India’s biggest employment generators function. We aim to introduce a new set of skilled and confident workforce. By doing this, we enable college and school-going students to generate their own pocket money while providing elite stores (like H&M, BMW, McDonald's, Domino's, etc.) with the workforce they have long sought since entering India in the '90s.
Our Unique Selling Proposition (USP): This application is not a social media platform but a professional profile-building space. It helps students build their vocational profiles, work part-time to earn their living costs, and make decisions for themselves.
THE FLN SCORING SYSTEM: This is an assessment system where using ML model( fora adf ) and vector storage (for adfff ). This would be a game changer while comparing two employs who are to work at a place. This assessment would assure that they are 1. FLUENT IN ENGLISH 2. THEY ARE LITERATE 3. THEY HAVE SANE NUMERICAL IDEAS.
This would provide the employers as a one stop hiring solution as well as would provide the students a respectable platform to gain a part time job.
The Pocket Money App
Tech Stack:
1. Flutter Application
2. Fast API
3. Supabase
4. Deep Learning
5. Bloc
This is our initiative to bridge the gap between India's youth and employment opportunities, ensuring a brighter, more independent future for the upcoming generations.