Virtual & Augmented Reality Startup Investment Opportunity in Chennai, India
Company pioneering in creating immersive virtual cities, led by Chennai's top real estate firm.
Premium Plan
| Established | 0-1 year(s) |
| Employees | 10 - 50 |
| Legal Entity | Private Limited Company |
| Reported Sales | Nil |
| Run Rate Sales | USD 79 thousand |
| EBITDA Margin | 40 % |
| Industries | Virtual & Augmented Reality |
| Locations | Chennai |
| Local Time | 4:40 PM Asia / Kolkata |
| Listed By | Management Member |
| Status | Active |
Partial Stake Sale
USD
180 thousand
for
15.0%
stake
(Native Currency: INR 15,000,000)
Reason: Seeking funds for the expansion and scaling up of the new technology.
Includes physical assets worth
USD
60 thousand
Interested to connect with advisors
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User Verification
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Business Overview
- Created a virtual city, the first of its kind in the world, and a Government office with 1,250 acres.
- Also developed a business center with 37 virtual offices inside.
- Recently launched Virtual Chennai, the first virtual township of its kind in India, encompassing areas like Mount Road, ECR, OMR, T. Nagar, and Purasawalkam.
- The virtual township offers an unmatched digital experience with various immersive zones.
- Features modern design, ergonomic furniture, and natural light, providing a comfortable and efficient workspace.
- Includes interactive kiosks, diverse retail options, and futuristic design for a modern shopping experience with virtual retail stores, and virtual educational institutions.
- Currently worked on about 3 projects for clients and generated around INR 35 lakh in revenue.
- Operations began towards end of last year, hence there is no reported revenue.
- The company primarily operates on a subscription-based revenue model, with operations spanning Chennai, with plans to expand to 23 cities across India, and 12 countries globally.
- In Chennai, plans to have 500 channel partners, each serving 25 clients, totaling 12,500 clients. Across 23 Indian cities, they aim to have 11,500 channel partners, each serving 25 clients, totaling 287,500 clients.
- Globally, they plan to have 1,680 business owner chapters, each serving 25 clients, totaling 42,000 clients.
- The subscription fee is set at Rs. 1000 per month per client, with the company aiming to achieve Rs. 390 crore in revenue over the next 5 years.
- Revenue estimates include lease rental virtual space in India, projected to grow from Rs. 4.9 crore in Year-1 to Rs. 307.5 crore by Year-5.
- Global lease rental virtual space revenue is expected to start at Rs. 6.0 crore in Year-3 and increase to Rs. 44.1 crore by Year-5.
- Advertising space revenue, derived from hoardings in the virtual space (at 10% rental), is expected to grow from Rs. 0.5 crore in Year-1 to Rs. 35.2 crore by Year-5.
- Also developed a business center with 37 virtual offices inside.
- Recently launched Virtual Chennai, the first virtual township of its kind in India, encompassing areas like Mount Road, ECR, OMR, T. Nagar, and Purasawalkam.
- The virtual township offers an unmatched digital experience with various immersive zones.
- Features modern design, ergonomic furniture, and natural light, providing a comfortable and efficient workspace.
- Includes interactive kiosks, diverse retail options, and futuristic design for a modern shopping experience with virtual retail stores, and virtual educational institutions.
- Currently worked on about 3 projects for clients and generated around INR 35 lakh in revenue.
- Operations began towards end of last year, hence there is no reported revenue.
- The company primarily operates on a subscription-based revenue model, with operations spanning Chennai, with plans to expand to 23 cities across India, and 12 countries globally.
- In Chennai, plans to have 500 channel partners, each serving 25 clients, totaling 12,500 clients. Across 23 Indian cities, they aim to have 11,500 channel partners, each serving 25 clients, totaling 287,500 clients.
- Globally, they plan to have 1,680 business owner chapters, each serving 25 clients, totaling 42,000 clients.
- The subscription fee is set at Rs. 1000 per month per client, with the company aiming to achieve Rs. 390 crore in revenue over the next 5 years.
- Revenue estimates include lease rental virtual space in India, projected to grow from Rs. 4.9 crore in Year-1 to Rs. 307.5 crore by Year-5.
- Global lease rental virtual space revenue is expected to start at Rs. 6.0 crore in Year-3 and increase to Rs. 44.1 crore by Year-5.
- Advertising space revenue, derived from hoardings in the virtual space (at 10% rental), is expected to grow from Rs. 0.5 crore in Year-1 to Rs. 35.2 crore by Year-5.
Products & Services Overview
Virtual office space.Virtual educational institution.
Virtual entertainment zone.
Virtual City.
Assets Overview
Computers, projects, office furniture.Intangibles include software used and deposit.
Facilities Overview
Office area in Chennai with 3,000 sq ft, 2 floors that is a rental lease property.
Capitalization Overview
- This company is under a holding company which is an established real estate company from Chennai.- Well known for its work in various industries including hospitality, industrial parks, warehousing, educational institutions, etc.
- The investor will only get a stake in this particular company being listed.
Recent Activity
-
1 week, 5 days agoDirector, Design, Product & Tech, Wellington, Individual Investor / Buyer connected with the Business
-
Earlier than 15 daysSenior Vice President, IT, Chennai, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysManaging Director, Facility Management, Chennai, Corporate Investor / Buyer connected with the Business
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