Application Software Startup Equity Stake For Sale in Shah Alam, Malaysia
| Established | 0-1 year(s) |
| Employees | < 2 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | Nil |
| Run Rate Sales | Nil |
| EBITDA Margin | Nil |
| Industries | FinTech + 1 more |
| Locations | Shah Alam |
| Local Time | 4:39 AM Asia / Kuala Lumpur |
| Listed By | Business Owner / Director |
| Status | Active |
- The platform is currently pre-revenue and in Phase 1 of its product roadmap, with the initial development completed.
- The platform is built specifically for the Malaysian market, offering bilingual Bahasa Malaysia and English support, multi-language receipt processing, and a mobile-responsive web interface.
- Key features include AI-powered receipt scanning, intelligent data extraction, income and expense tracking, claims reporting, financial dashboards, and data export capabilities.
- Current efforts are focused on product validation through live demonstrations, user feedback, and participation in innovation and entrepreneurship competitions.
- The company has already received early industry recognition, winning a Silver Award at the International Technopreneur Invention and Exhibition Conference (I-TIE), validating the platform’s innovation potential.
- The commercial rollout follows a phased and realistic approach:
* June: Product validation through live demonstrations, competition exposure, and user feedback during the DIGITEX Grand Final and I-TIE events.
* July–August: Pilot onboarding of selected users, freelancers, students, and SMEs to test real-world usage, OCR accuracy, reporting functions, and claims workflows.
* September: Soft launch in Malaysia for a broader user base, with paid subscription plans prepared for activation once platform stability and user traction are confirmed.
* Q4: Targeted commencement of monetization through subscription plans, subject to user adoption, retention metrics, and payment readiness.
- Beyond the current build, the company has Phase 2 and Phase 3 development milestones planned, focusing on expanding functionality, enhancing user experience, and strengthening the platform’s long-term scalability.
- Additional funding or strategic support would enable the business to accelerate development, improve quality assurance processes, reduce bugs and errors, strengthen infrastructure, and bring the platform to full commercial readiness more efficiently.
The company is also exploring Indonesia as a potential future expansion market through university-linked collaboration opportunities arising from I-TIE, including discussions connected to cooperation between Universiti Teknologi MARA (UiTM) and Universitas Negeri Yogyakarta. These discussions remain at an early stage.
- While regional expansion opportunities are being assessed, the immediate priority is to validate the Malaysian market, establish a stable and commercially viable product, and then scale carefully into the broader ASEAN region.
- The business is registered in Malaysia and has secured both SSM registration and copyright protection for its intellectual property.
Intangible assets include the AI-powered SaaS web platform, source code, AI models and configurations, user interface and UX designs, branding and trade name, active domain and hosting setup, and copyright-notified work.
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12 hours agoGeneral Manager, Freight Forwarder, Dubai, Corporate Investor / Buyer connected with the Business