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Analytics Software Company Seeking Loan in Chennai, India

MSME startup with an AI/ML product designed for personal customer engagement and recommendation.
This transaction has concluded.
This Business is on a Premium Plan
Established 1-5 year(s)
Employees 2 - 5
Legal Entity Private Limited Company
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Analytics Software
Locations  Chennai
Local Time 2:11 AM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Seeking Loan
USD 300 thousand for 10.0% annual interest, 3 years (Native Currency: INR 25,000,000)
Reason: Require funds for marketing and development of product. We are also open for sale of the product.
Collateral Available: USD 0
Interested to connect with advisors
Documents
Business Overview

- We are a startup that requires funds in order to develop and market our artificial intelligence and machine learning product.

- Our product has a registered trademark and is industry agnostic.

- The product analyses data on customers and is able to provide personalized customer engagement and recommendations at every step of interaction.

- Product was developed in-house over the last 15 months and uses open source licenses.

- Revenue is generated on a subscription model and we have 4 different subscription plans.

- Currently we are in talks with 3 companies who plan to take up a subscription of our product. These include a banking company, technology company working in fleet management and cement company.

- Promoters have 17 years of experience and 20 years of experience respectively at Wall Street banks.

Products & Services Overview

AI/ML software that provides customer engagement and recommendations.

Assets Overview

We do not have any physical assets and our main assets are the software and machine learning algorithms that we developed.

Facilities Overview

We had a rented office at HQ10 Guindy which we have closed due to the current global situation.

Capitalization Overview
Not Disclosed
Recent Activity
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This transaction has concluded. View similar business opportunities on SMERGERS
Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.

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