- Country: India
- Industry: Computer Hardware, Software
- Stage: Initial growth (first revenues)
- Years in operations: 7, Employees: 20
- Investment size: $200,000 / min. $50,000
- ROI: 500% in 3 years
- Type of investment: Debt, Equity
Funding required for increase sale of Document management system. A web-based application to convert office paperless.
Move to a modern, secure, digital doc manager solution and live in a paperless world, where every business data is literally just a click away.
Target Market : Suits for any kind of organisation including lawyers, chartered accountants, IT companies, process based company etc
Revenue Generation Model : Revenue will be generated based on the number of clients. Our plan to sell this application in fixed values so the customer doesn't need to pay any monthly fees. We will provide yearly paid support and this will be our main source of generating revenue.
Business goals and expected outcomes : The i dea is to get 100,000 clients in 3 years and expected outcomes will be approx : $5 Million
Progress on the project/business : Initial development completed. A product is ready for demo.
Project timeline and key milestones : Few enhancements including mobile version still required in an application to make it more interactive and integration with other systems including office 365 etc. Our target to deliver the first milestone in Mid of 2017 and start the campaign.
Funding needs and offering to the investor : Funding required for enhance and improve application in terms of various features with the latest technology. The investor can surely keep a track on our hard work and can see the result in next 3 years.
Google Docs : Google docs works only when you have the internet. Our application works in an offline model as well.
Drop Box : Dropbox doesn't support various versioning facility. Drop box can not be replaces as a complete document management.
Rationale for the deal
We can see a huge gap in industry not having proper solution to maintain digital data.
We will provide them a proper and organised way of maintain the document.
Use of financing
20% : For fine tuning application and enhancements.
60% : Marketing & Sales Campaign
10% : Maintenance
10% : Hardware Cost
Opportunity for the investor
We are open for advised model.
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