The innovation model chosen for Ralikson is the BESPA Flywheel Model, a hybrid between community-led innovation and platform innovation. Unlike traditional top-down social media products, Ralikson is designed to be built with its users, not just for them. The five core groups — Business, Entrepreneurs, Students, Professionals, and Artists (BESPA) — are not only the target audience but also the drivers of innovation on the platform. The flywheel begins with early onboarding of students and creators, who bring culture, energy, and consistent content. This fuels lightweight sharing formats such as bytes (short posts) and links, lowering the entry barrier for participation. As engagement grows, Ralikson introduces listings — for jobs, real estate, services, and digital products. This layer provides practical, high-value utility beyond cultural interaction, ensuring that users see Ralikson not only as a social hub but also as an economic enabler. The loop strengthens as network effects and trust accumulate. The more people share and list, the more valuable the platform becomes. Unlike Facebook or Instagram, the feed is free of intrusive ads. Instead, monetization is built around listing fees, commissions on digital tools/products, and targeted ads only within the listings section. This structure aligns revenue with user value and prevents cultural decay from over-commercialization. Over time, the model scales in phases: 1. Community-first growth (0–1 years). 2. Listings and utility expansion (2–3 years). 3. Super-app evolution for professionals and creators (5+ years). By merging culture + utility, Ralikson creates a self-reinforcing innovation loop where content drives commerce, commerce drives trust, and trust fuels deeper community participation. This makes Ralikson not just another social network but a movement platform designed to empower India’s BESPA class.
Show MoreYear of Establishment2021