Gaming Website Investment Opportunity in Delaware, United States
Start-up with 80 users during the beta stage providing a gaming portal for running experiences.
This transaction has concluded.
Premium Plan
| Established | 1-5 year(s) |
| Employees | 5 - 10 |
| Legal Entity | Private Limited Company |
| Reported Sales | Nil |
| Run Rate Sales | Nil |
| EBITDA Margin | Nil |
| Industries | Gaming Websites |
| Locations | Bangalore + 1 more |
| Local Time | 8:06 AM Asia / Kolkata |
| Listed By | Advisor / Business Broker |
| Status | Active |
Partial Stake Sale
USD
420 thousand
for
10.0%
stake
(Native Currency: INR 35,000,000)
Reason: Funds are required for team building, product development, branding, and marketing. Valuation is bas...
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Documents
Pitch Deck
(5.6 MB)
Product Brochure
(58.9 KB)
Pamphlet
(89.0 KB)
Business Pamphlet
(51.7 KB)
Business Product
(79.1 KB)
Business Overview
• The business, a YourStory Tech50 startup, is a B2C product company building a metaverse for runners.
• It combines the principles of game tech and deep tech to offer users a running experience that is as immersive as playing a console game.
• The only thing users need is a treadmill and a device such as a smartphone or a tablet on which they can download and run the application.
• The business is combining the principles of game-tech and deep-tech where runners run in an on-demand, immersive, safe, enjoyable environment and connect with fellow runners across the globe from the comforts of their homes.
• First mover advantage with a focus on indoor runners and differentiators that allows for a much more immersive experience than next-best alternatives.
• Low entry price for customers revolved around a daily habit and huge installed base that improves current experience significantly.
• The business has closed the beta testing in the third quarter of this year with 80 customers.
• It combines the principles of game tech and deep tech to offer users a running experience that is as immersive as playing a console game.
• The only thing users need is a treadmill and a device such as a smartphone or a tablet on which they can download and run the application.
• The business is combining the principles of game-tech and deep-tech where runners run in an on-demand, immersive, safe, enjoyable environment and connect with fellow runners across the globe from the comforts of their homes.
• First mover advantage with a focus on indoor runners and differentiators that allows for a much more immersive experience than next-best alternatives.
• Low entry price for customers revolved around a daily habit and huge installed base that improves current experience significantly.
• The business has closed the beta testing in the third quarter of this year with 80 customers.
Products & Services Overview
• Boston route live on the app on iOS and Android apps.• Once a user has stepped on the treadmill, they will be teleported to a virtual world where the user can potentially run across the major marathon cities (Boston, London, Mumbai, Tokyo) or scenic environments (jungle trail, beach run, etc. ), either with friends or solo via their digital twins or avatars.
Assets Overview
The company has B2C software (mobile/desktop/TV app) worth INR 50 lakhs.
Facilities Overview
The business has a premise on lease.
Capitalization Overview
Not Disclosed
Recent Activity
-
Earlier than 15 daysDirector, Technology, Kolkata, Corporate Investor / Buyer connected with the Business
-
Earlier than 15 daysManaging Director & CEO, Web & Mobile Application Development, Bangalore, Individual Investor / Buyer connected with the Business
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