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Virtual & Augmented Reality Company Investment Opportunity in Bhubaneswar, India

Newly established business that is developing futuristic products using AR/VR technology seeks investment.

Established 1-5 year(s)
Employees 10 - 50
Legal Entity Private Limited Company
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Virtual & Augmented Reality
Locations  Bhubaneswar
Local Time 2:22 PM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Partial Stake Sale
USD 120 thousand for 10.0% stake (Native Currency: INR 10,000,000)
Reason: Funds are required for marketing, hiring, and technological development.
Includes physical assets worth USD 3.1 thousand
Interested to connect with advisors
Name, Phone, Email
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Business Name
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User Verification
Documents
Business Overview
- Our company is into innovating futuristic products using AR/VR technology.
- We aim to visualize things in the real world with augmented and virtual reality like virtual cinema hall, virtual shopping mall, VR player, virtual laboratory, and a 360 virtual tour.
- We are creating a virtual shopping mall using virtual and augmented technology, where people can get a real shopping mall experience at home.
- We have already launched our virtual cinema hall application and have seen 1,000+ downloads on the Play Store application.
- As of now we are offering a free subscription to the users but in the future, we would charge a ticket fee from the virtual cinema hall, rent from the virtual shopping mall, and subscription fee from the virtual education and virtual travel.
- The development and maintenance of the website and the app are done in-house.
- The promoter has 3+ years of experience in web and game development.
Products & Services Overview
Visualize things in the real world with augmented and virtual reality like virtual cinema hall, virtual shopping mall, VR player, virtual laboratory and a 360 virtual tour.
Assets Overview
3 laptops, 1 projector, office furniture and interiors.
Facilities Overview
Rented office space of 1,200 sq. ft. area with a monthly rent of INR 40,000.
Capitalization Overview
Not Disclosed
Recent Activity
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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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