Gaming Website Investment Opportunity in Kerala, India
|Employees||10 - 50|
|Legal Entity||Private Limited Company|
|Reported Sales||USD 18 thousand|
|Run Rate Sales||USD 18 thousand|
|EBITDA Margin||Operating at loss|
|Local Time||4:01 AM Asia / Kolkata|
|Listed By||Advisor / Business Broker|
Gaming startup in Kerala started operations 7 years ago.
★ One of the games grabbed over $176,000 in organic net revenue till date.
★ The game got over 15 international awards (from Game Connection America, Indigo Europe, Casual Connect Asia), over 5 national awards, and over 5 state awards.
★ Selected for Google's PlayPass game club subscription library. Expects min $500,000 in the coming year.
Will be a cash cow for decades. Potential opportunity to cut into similar premium club libraries like Apple Arcade, and PC Gaming Pass.
★ Received Best Gaming Start-up award at World Leadership Summit.
★ Core members with decades of expertise in over 100mn downloaded games like Mystery Case File (MCF) game series.
★ Team working on game's sequel for which business got Epic Mega grant $15,000. (Epic is the developer of the Unreal game engine)
★ Epic Games further introduced us to their investor Sony.
★ Sony, as part of their India Hero Project provides a $1-$3mn debt fund for partner Indie IP studios - for developing IP games exclusively for its PlayStation console. We are working on Sophia's Adventures game demo for Sony these days.
★ The game is to be launched officially by Sony on PlayStation5 in the next 2 years.
★ Valuation will grow from current $2.5mn to minimal $10mn afterwards. Planning Series A raises at 4x valuations further.
★ Targets to be the world's leading storyteller IP game studio, minimal $20 MN revenue, 25x scale in the next 5 years.
★ Targets Episodic Cult IP game series such as Tomb Raider (Sold over 95mn copies/Grossed over $1.2bn revenue) and Life is Strange (Sold over 7.5mn copies/grossed over $144mn revenue)
1. A game launched and 3 in pre-production.
2. New game which is a potential cash cow expects min $500k in a year post PlayPass launch and further potential to cut into Apple Arcade, PC Gaming pass - Net Asset value over $2mn - $5mn.
3. Adventures IP - Sony IP funding up to ~$3mn.
Competitor episodic game series had over $150mn - $1.2 bn gross revenue.
4. 6 other blockbuster IP games in the pipeline.
1. Computer Core i5.
2. Computer i7 machine.
3. Graphic Tablets - Intuos PTH-651.
4. Graphic Tablets - Wacom CTL 671.
5. Epson EcoTank L3150 Printer cum Scanner.
6. Macbook Pro 13"
7. Samsung Galaxy Tab A.
8. Google Plixel 4 XL.
9. iPad Tablet 5.
This will be answered after the introduction.
Raised an INR 1.91 Cr round recently to develop the sequel as well as for operations. We will break even this financial year.
4 days, 20 hours agoPresident And Director, Plastic Injection Moulding, Batam, Individual Investor / Buyer connected with the Business
6 days, 16 hours agoFounder, Information Technology, Chennai, Individual Investor / Buyer connected with the Business
Earlier than 15 daysGeneral Partner, Investment, London, Corporate Investor / Buyer connected with the Business