Virtual & Augmented Reality Company Investment Opportunity in Mumbai, India

Location based AR-Hyper-Local discovery application which provides 3D camera interface to display real time information.

Established From
Employees
Legal Entity
Reported Sales
Run Rate Sales
USD 2 thousand
EBITDA Margin
3 %
Industries
Mobile Apps + 1 more
Locations
Local Time
2:28 PM Mumbai
Listed By
Business Owner / Director
Status
Moderately Active
Overall Rating
Seeking Investment
USD 70 thousand for 20.0% stake (Native Currency: INR 5,000,000)
Reason: - Salaries. - Software cost & Server cost. - Rent and infrastructure cost. - Fixed assets. - Mar... View More
Includes physical assets worth USD 2.8 thousand
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Not disclosed
User Verification
Documents
Business Overview

- We are a Mumbai based AR startup and have been operational since the last 1.5 years.

- The founder has done MBA from Welingkar Institute of Management and Research.

- Our mobile based application is a platform for delivering location based services and real-time information using mobile augmented reality.

- It uses a direct 3D camera interface to display real time information tailored to the user’s navigation needs in the form of P. O. Is (Points Of Interest)

- We are a team of 5 people and have released 9 versions of MVP and have successfully tested it over 7 cities in the span of 6 months.

- A unique way to interact with their environment to gain information, not just about events, locations, and facilities in the vicinity but also the people around them.

- We have currently released our beta product which also integrates a breakthrough B2B business model, which looks at hyper-local analytics and Augmented Reality marketing solutions.

- This B2B module will be driven by the B2C modules which include.

[Social networking, treasure hunts (Gamified reality) ]

- We are live on google playstore as a beta application from past 3 months.

Products & Services Overview

Phase – 1. An application that helps you navigate, look up, remember, explore and network in an immersive 3D world.

Phase -2. Our app will enable businesses to market their products with 3D story telling advertisements. Imagine a life size Ronald Mcdonald inviting you to his restaurant or a movie trailer with just scanning the poster of that movie. It’s a refreshingly new and effective Watto advertise.

Phase-3. We shall offer complete business solutions through our AR / VR capabilities i. e.

- A platform for AR / VR applications for businesses.

- Provide 3D content creation services for AR / VR uses.

- Integrate AR / VR with business processes (E. g. virtual tour of sample flats for real estate, rooms for hotels.

- Place ads across various 3D platforms.

- Hardware integration with the 3D environment.

- The platform is gamified in a way that engages the user as he / she is finally able to get what they want in an interactive format like never before.

- Four features were highlighted EARLY MVP-

• Use of Augmented Reality Technology to deliver information.

• Geo Tagging.

• Navigation.

• Social Networking.

Facilities Overview
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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