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Virtual & Augmented Reality Business Seeking Loan in Coimbatore, India

A firm providing technological solutions for practical problems to small scale industries & technical education.

Established 5-10 year(s)
Employees 10 - 50
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 14.6 thousand
Run Rate Sales USD 17.5 thousand
EBITDA Margin 10 %
Industries Virtual & Augmented Reality
Locations  Coimbatore
Local Time 10:44 PM Indian / Maldives
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 5.8 thousand for 9.0% annual interest, 2 years (Native Currency: INR 500,000)
Reason: Planning for update the components and softwares used in the office.
Collateral Available: USD 0
Includes physical assets worth USD 14 thousand
Name, Phone, Email
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Business Name
Available after connect
User Verification
Documents
Business Overview
- Provide technological solutions for practical problems and to explore upcoming techno generation with innovative designs.
- Help small scale industries to develop new concepts, acquire a trademark for their products, development work, and enhance the existing way of working.
- We also provide different types of technical training to students.
- Tied up with 6 colleges from where we get students.
- Have created solutions and helped more than 20 small scale industries. Have offered technical training and internships to more than 600 students to date.
- We provide training, workshops, and virtual internships.
- Offer courses like python coding, medical equipment training, electronic equipment technical training, and full-stack development.
- We have a laboratory where these students are given training.
- Help research students in getting their papers published.
- Average price of these courses is INR 2,500 per student.
- The average batch size is 5 students and have currently 120 students enrolled.
- Have been conducting classes through VR kits during the pandemic.
Products & Services Overview
Management, web development, and technical training, research training.
Assets Overview
Physical assets include furniture, 10 computers, electronic laboratory equipment, and 3D printers.
Facilities Overview
Rented office with a built-up area of 1,200 sqft and an average monthly rent of INR 23,000.
Capitalization Overview
The company has a sole proprietor and is debt free.
Recent Activity
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26 Investors already contacted this Business. Register below to connect now!
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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