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Biometric Products Startup Investment Opportunity in Odisha, India

Innovative tech company seeking investment for developing the product from POC to MVP.
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 Biometric Products + 1 more
Locations  Odisha
Local Time 11:23 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Partial Stake Sale
USD 2 million for 10.0% stake (Native Currency: INR 160,000,000)
Reason: We are seeking a minimum investment for developing the product from the ideation stage to the MVP st... View More
Interested to connect with advisors
Documents
Business Overview

- This start-up is an innovative, technology-driven, and customer-focused organization specializing in software and hardware development.

- The core competencies of the business are artificial intelligence, machine learning, biometrics and blockchain technologies.

- No revenue is generated as of now as the business is in a ideation stage, has huge potential in India as well as globally.

- A complete liabilities-free company with two partners holding equal ownership stake.

- Earlier the company was registered as an LLP but now we are in the process to get incorporated as a private limited legal entity.

Products & Services Overview

- Specialize in biometrics, AI, ML, automation, blockchain.

- Will be addressing key issues the global market is currently facing.

1) Identity theft.

2) Fraudulent transaction.

We are looking for a long-term association and seek funds against equity for developing the product from ideation to MVP level.

Assets Overview

No assets at this point. All plans are to be executed post-investment only.

Facilities Overview

Currently, we are working remotely and are based out of Odisha.

Capitalization Overview

It's a boot strapped company as on date. No loans or debts. The startup has been recognized by the Govt of India.

Recent Activity
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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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