Investment Required for IT Startup for Document Management System

Opportunity Snapshot

  • Country: India 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

Investment Opportunity

Scope :
Funding required for increase sale of Document management system. A web-based application to convert office paperless.

Product :
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.

Competitive Advantage

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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