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Virtual & Augmented Reality Company for Sale in Bengaluru, India

AR / VR solutions platform offering visual marketing solutions and service to 100+ clients.
This Business is on a Premium Plan
Established 5-10 year(s)
Employees 10 - 50
Legal Entity Private Limited Company
Reported Sales USD 69 thousand
Run Rate Sales USD 97 thousand
EBITDA Margin 10 %
Industries Virtual & Augmented Reality
Locations  Bengaluru
Local Time 9:19 AM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Full Sale
Asking Price: USD 460 thousand (Native Currency: INR 40,000,000)
Reason: Have strong IPs in a new technology space. More funds are required in order to reach its potential. ... View More
Includes physical assets worth USD 2.3 thousand
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Business Overview
- Augmented & virtual reality solutions provider with over 100 customers in various industries. Our customers include Apollo Hospitals, Cloudnine, Homelane, RV Group of Institutions, Amrita Vishwa Vidyapeetham, Rajarajeshwari group of institutions, KIIT University, NIT Warangal, IIM Vizag among others.
- Our virtual interactive solutions are used by R&D and test labs, schools & colleges, retail stores and hospitality businesses to promote and market for better visibility and enhance sales.
- One of the early Govt. of India startup recognised companies. Won NASSCOM Emerging 50 startups award. Won a silver medal at K-Startup Grand Challenge in South Korea.
- Our solution charge includes about 15% yearly recurring revenue apart from one-time service and setup fees. 85%+ customer renewals every year.
- Proven model, with success stories in the US market. Huge B2B2C or B2C potential business potential in India and abroad.
- Promoters are from IIT and IIM and have over 20 years of corporate experience.
Products & Services Overview
- 360-degree virtual tour, video creator platform for publishing on cloud or google maps or YouTube or social media.
- Virtual interactive solution platform with more than 50 features, including live video chats and digital avatars.
- We also provide innovative eCommerce solutions that also include visual commerce services.
- User analytics for understanding user behaviour and strategizing businesses.
- Solution for Oculus Quest-2 for immersive experience and offline solutions for use without internet.
Assets Overview
- Copyright and IPR for the entire solutions end-to-end solutions with no external dependency. Worth more than 20 man-years of effort.
- Applied for 2 patents. Actual patents, if allotted.
- Entire set of clients with assured yearly recurring revenue of about INR 3 million.
- Entire team, registered domains, platforms.
Facilities Overview
Rented office in a co-work space near metro station.
Capitalization Overview
Not Disclosed
Recent Activity
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27 Buyers 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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