Solution Overview & Team Lead Details

Our Organization

ModulusTech

What is the name of your solution?

World's most affordable net-zero homes - ModulusTech

Provide a one-line summary of your solution.

Can net-zero homes be provided at scale to the low-income families? ModulusTech's intermesh system does just that in 10% of the time.

Film your elevator pitch.

What specific problem are you solving?

Globally, there is a housing shortage of 1.6 billion with the majority of the shortage falling in developing countries.

With rising demand for housing in Pakistan, the housing backlog has increased to 10M units, while the current prices make it impossible for a low-income family to ever own a house, as a result 40% of the urban population still lives in slums. 

Climate change is another impediment in the housing crisis, with rising emissions and soaring temperatures, conventional houses have become inhabitable without expensive artificial cooling. It is identified that 40% of all global carbon emissions come from construction of housing. Hence, if we continue to build the same way, we risk pushing climate change beyond the tipping point. 

What is your solution?

The Moonshot ?
ModulusTech's solution does 4 things;
- it makes housing affordable ($12/sqft),
- scalable (can be manufactured at scale),
- sustainable and 100% off-grid,
- quick to build (1 day assembly)
all at the same time, while providing proper standards of living. 

A 2-bed house (900sqft) costs as low as $9,000, and is set up in as little as a day, has 90% lower embodied carbon than conventional homes, and works 100% off-grid.

How it Works?
These homes are factory built, are shipped flat-packed to the site of construction (where 11 units can be transported per truck - significantly reducing transport costs), next the homes are assembled manually like a jigsaw puzzle by 3-4 people, without the need for heavy equipment. This process takes a day. After which the homes may be furnished and finished as per the users needs in as little as a week.

The Innovation: Intermesh System
The product is innovative in terms of it’s unique flat-packed system and assembly methodology, that uses an optimized man-machine ratio to significantly reduce costs, as well as ensures an extremely quick build time. The houses are also net-zero energy with an extremely low carbon footprint. 

Who does your solution serve, and in what ways will the solution impact their lives?

We are making housing affordable and climate resilient for low-income communities. 

Cities in Pakistan continue to face the problem of large-scale urbanization and a shortage of 10M+ housing units arising to the issue of illegal habitat/squatter settlements/slums. The current population of Pakistan is around 200 million people, which makes it the world’s sixth most populous country - out of which the bottom 40% lives in inadequate conditions.

Karachi is the largest city in Pakistan with a population base of 20 million. According to an estimate nearly 40% of the Karachi metropolitan consists of squatter settlements (Katchi Abadis). The city has 600-800 such squatter settlements with nearly 7-8 million people living in these habitats/slums, posing a major challenge to urban planners. The net urbanization in Karachi alone is about a quarter of a million people from interior of Sindh and Punjab province. The situation in other major metropolitans like Lahore, Rawalpindi, Peshawar and Faisalabad are relatively better but not much different.

In slum conditions families are unable to find a comfortable home, continue to live in adverse conditions with leaking roofs, and congested spaces. For which they still end up paying $60-100 per month in rent. 

ModulusTech's solution provides these families with new homes for as low as $60/month, with solar panels that provide them with off-grid energy supply throughout the year. 

The significantly lower cost of construction, and quick build time, helps make housing affordable as well as provides better thermal comfort and standards of living. Hence, addressing the housing problem for a huge underserved market.

Moreover, the homes that ModulusTech builds are passively cooled and built in a way to have lower temperatures indoors on a hot sunny day. During peak summer months temperatures in Karachi soar up to 45 deg celsius, during which the homes are at least 10-15 degrees cooler inside. This eliminated the need for expensive air conditioning during the peak summer months and makes the homes climate smart.

How are you and your team well-positioned to deliver this solution?

The ModulusTech team consists of individuals with the domain knowledge, who are passionate about tackling the global shortage for housing and understand the needs of low-income communities.

With the majority of the team growing up in Karachi and witnessing the disparity in the city, we have seen first hand the conditions a majority of our population lives in. 

The product team at ModulusTech also spent time in slum areas of the city and took user interviews to really understand their problems and see what conditions they live in. Our design methodology ensures collecting feedback from end users for the design and features of the homes. 

Which dimension of the Challenge does your solution most closely address?

Enable mass production of inexpensive and low-carbon housing, including changes to design, materials, and construction methods.

Where our solution team is headquartered or located:

Karachi, Pakistan

Our solution's stage of development:

Growth

How many people does your solution currently serve?

350+ people use our solution on a daily basis.

Why are you applying to Solve?

The benefits ModulusTech aims to gain from MIT solve revolve around creating a solid partner network as well as to gain exposure for a problem that affects almost every country in the world. 

We feel that the space we are working in shouldn't be competitive but rather collaborative. In order to achieve our goal of reducing the housing shortage gap significantly we have to engage and collaborate with other organisations and companies that are focusing on the same problem. With MIT solves expansive network, we at MoudlusTech have a lot to benefit from. More than just raising funds, we want to create awareness for the problem and find partners who want to move forward on this journey with us and learn from more mature companies who have already tackled the challenges we are facing. Winning this prestigous challenge would ensure that ModulusTech is seen as a reputable and credible company that partners would want to work with. 

In which of the following areas do you most need partners or support?

Human Capital (e.g. sourcing talent, board development, etc.)

Who is the Team Lead for your solution?

Nabeel Siddiqui (CEO & Co-founder)

More About Your Solution

What makes your solution innovative?

We have patents on the building system (i.e., InterMesh System), its methodology, as well as the features the homes offer that enables the houses to have all its features.

In comparison to other products and technologies and similar factory-built homes, 

-      ModulusTech homes have a unique assembly system,
-       Have a unique structural system,
-       Require few manhours to build,
-       Have a low flat-packed volume,
-       Has utilities pre-installed,
-       Are relocatable,
-       Don’t need cranes to be set up,
-       Provide the above features all together.

What are your impact goals for the next year and the next five years, and how will you achieve them?

The solution has a unique offering of creating social and environmental impact while contributing to over 10 UN Sustainable Development Goals.

We aim to scale the solution across borders and within our home country in the coming years, staring from over 500 homes in Pakistan next year and entry into some African countries.

In the next 5 years we aim to deliver over 12,000 homes across Africa and Asia, resulting in estimated carbon savings of 1M CO2e, and providing climate smart housing to 60,000 people.

Moreover, with each of our projects we aim to create employment and support SMEs with numerous forward and backward link businesses working in partnership. 

We also create women empowerment through the homes we deliver, by incentivizing female-ownership of the homes. 

How are you measuring your progress toward your impact goals?

We measure our environmental impact through a carbon calculator, used on all our existing projects. Moreover, we get our homes certified for their energy, water and material ratings through GBCI and EDGE Buildings Certification.

We also measure the number of people using our solutions and take feedback from them regarding how satisfied they are.



Which of the following categories best describes your solution?

A new technology

How do you know that this technology works?

We've tested the product and now built over 45,000 square footage of space being used by people. We've also received repeat orders from customers. 



Please select the technologies currently used in your solution:

  • Manufacturing Technology
  • Materials Science

Which of the UN Sustainable Development Goals does your solution address?

  • 1. No Poverty
  • 3. Good Health and Well-being
  • 5. Gender Equality
  • 6. Clean Water and Sanitation
  • 7. Affordable and Clean Energy
  • 9. Industry, Innovation, and Infrastructure
  • 10. Reduced Inequalities
  • 11. Sustainable Cities and Communities
  • 12. Responsible Consumption and Production
  • 13. Climate Action
  • 17. Partnerships for the Goals

In which countries do you currently operate?

  • Pakistan

In which countries will you be operating within the next year?

  • Kenya
Your Team

What type of organization is your solution team?

For-profit, including B-Corp or similar models

How many people work on your solution team?

20

How long have you been working on your solution?

5 years

What is your approach to incorporating diversity, equity, and inclusivity into your work?

Our approach is centered around female empowerment and providing women with housing ownership. Our model ensures that 50% of the housing we provide is under female ownership. Moreover, we employ local labour from the areas where are projects are being implemented in order to create income opportunities for residents in the area. We also ensure that we take feedback on all aspects of our housing to make it easier and more liveable for customers. 

Your Business Model & Funding

What is your business model?

Key Partners

  • NGOs/foreign agencies e.g. United Nations

  • Governmental Agencies

  • Investors

  • Material Vendors

  • Local and International suppliers

  • Real estate partners

  • Distributors & Subcontractors

  • OEMs

  • Development banks

Key Activities

  • R&D

  • Procurement

  • Manufacturing 

  • Marketing and Sales

  • Finance

  • Supply Chains

Key Resources

  • Products

  • Patents

  • Expertise and domain knowledge

  • Manufacturing facilities 

  • Network

  • Licensed manufacturers

Value Proposition 

  • Flat-packed modular housing that can be used for fast track colonies - can be disassembled and transported to other location

  • Rapid prototyping

  • Multipurpose use, economical transport, sustainable and energy efficient

  • Safety and comfort

  • Cost effective yet high quality

  • Autonomous

Customer Relationships

  • Provision of land 

  • Customizations and turnkey solutions

  • After sales support

Channels

  • Website 

  • Exhibitions

  • Personal visits

  • Press releases

  • Social Media

  • Magazines and brochures

  • CSR Campaigns 

Customer Segments

  • B2B sectors 

  • Government and foreign agencies 

  • NGOs 

  • Real Estate firms

  • Standalone/private clients 

  • ADUs

  • Tourism

Cost Structure

  • Procurement

  • Manufacturing & Operations

  • Warehousing

  • Logistics

  • Tools and Equipment 

  • Skilled labor and training

  • Technical staff

Revenue Streams

  • Direct Sales (Primary)

  • Rental Model

  • Customization and add-ons

  • Relocation and preemptive maintenance services

  • Mortgage/leasing schemes

  • Carbon offset credits

Do you primarily provide products or services directly to individuals, to other organizations, or to the government?

Individual consumers or stakeholders (B2C)

What is your plan for becoming financially sustainable?

We have been organically growing for the past two years with direct sales to our clients, and are cash flow positive.

The company is looking forward to raising growth funding from investors to set up a high-scale production facility, expand to different markets and launch new products.


Share some examples of how your plan to achieve financial sustainability has been successful so far.

We have already received a grant from our UK partners in the value of £250,000 which is to be used towards building purely affordable housing in Pakistan. Our first phase is already underway.

We have also organically done 45,000 sqft of space around Pakistan with direct clients. 

Solution Team

  • MS MS
    Miran Saifi Business Development & Strategy Manager, ModulusTech
  • Nabeel Siddiqui CEO & Co-founder, ModulusTech Pvt. Ltd.
 
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