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Apparel Store Investment Opportunity in Noida, India

AI-powered B2B2C startup with 7L+ users, 5 corporate partners, and industry recognition looking for investment.
This Business is on a Premium Plan
Established 1-5 year(s)
Employees 5 - 10
Legal Entity Private Limited Company
Reported Sales USD 31.6 thousand
Run Rate Sales USD 37.5 thousand
EBITDA Margin 1 %
Industries Apparel Stores + 1 more
Locations  Noida
Local Time 2:26 AM Asia / Kolkata
Listed By Advisor / Business Broker
Status Active
Overall Rating
Partial Stake Sale
USD 234 thousand for 13.0% stake (Native Currency: INR 20,000,000)
Reason: The objective for the next 12 months is to build a virtual trial room for our pipeline clients along... View More
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Business Overview
As a virtual fitting solution provider for the fashion and apparel industry, this company, a leading patented generative AI B2B2C startup, has achieved several significant milestones and gained industry recognition.
Here are some key highlights:
- Extensive user base: The platform has successfully garnered over INR 7 lakhs in usage from more than 50 esteemed clients.
- Corporate collaborations: The company has initiated proof of concepts (POC) with three corporate partners and currently has five pipeline corporate collaborations in progress. Notable names in the pipeline include Pantaloons and Being Human.
- Industry recognitions: The company has received funding from Microsoft under the Top 100 ISV Stab Programme and is now live in the Azure Marketplace. Additionally, it has secured prestigious government grants such as TIDE 2.0 and has been selected for the AIC-GIM Meity Samridh Scheme and Startin UP Grant.
- Strong support system: Backed by esteemed organizations such as India Accelerator, AIC Shiv Nadar, TBI-KIET, and being a finalist in the Horses Stable, the company has established partnerships with the Chamber of Commerce and three or more Channel Partners across the USA, India, and the UAE.
- The business needs 7 permanent employees to run the business operations.
- Recently, we obtained a Letter of Intent (LOI) from a corporate brand specializing in virtual fitting solutions, valued at INR 1 crore.
- Furthermore, we've achieved a major milestone in our fundraising efforts by securing a term sheet from an institutional investor.
- We are deeply honored to receive an LOI from MeitY (Ministry of Electronics and Information Technology), indicating acknowledgment and support for our initiatives, amounting to INR 40 lakhs. Furthermore, the startup has been selected as one of the top 20 startups within the SIDBI Cluster, highlighting our potential and growth within the ecosystem.
Products & Services Overview
This company offers virtual fitting solutions for the fashion and apparel industry using patented generative AI technology. Their platform enables virtual try-ons, enhancing the online shopping experience. Operating in a B2B2C model.
Assets Overview
It will be disclosed after the introduction.
Facilities Overview
It will be disclosed after the introduction.
Capitalization Overview
There are no debts or outstanding loans on the business. Presently the business is funded by government grants & Microsoft.
The shareholding pattern will be disclosed after the introduction.
Recent Activity
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1 Investor contacted this Business this month. Register below to connect now!
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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