Newly Established IT Services Company Investment Opportunity in Manila, Philippines
- Business specializes in AI-enabled solutions such as facial recognition, OCR, penetration testing, bank wallet, and algorithms for smart cars.
- Have two existing clients in banking and logistics space - CIMB and ADNI respectively. We are having ongoing discussions with a Malaysian real estate company for developing a smart real estate platform.
- Revenue model: We work with our clients on a yearly subscription basis based on the number of users.
- We are currently developing an AI platform based on deep reinforcement learning for application in fields such as robotics and automation, and need funds to set up an R&D facility.
- Promoter has over 25+ years of industry experience.
- We generated lower revenue last year as we only started operations towards the end of the year.
- Our projection for the year is USD 900K. Post-development of our AI platform, our target annual revenue in next 3 years is USD 6M.
- Business owned assets include computers, network & office equipment.
OCR, Facial Recognition, Smart Vehicle Algorithm, eKYC, Bank Wallet.
Earlier than 15 daysSenior Oracle Consultant, Energy, Richmond Hill, Individual Investor / Buyer connected with this business