Looking for USD 100,000 to host an online gaming website in Indian markets as the first gaming concept where the market is very nascent and highly lucrative. Subsequently enter global markets by procuring online gaming license for our innovative gaming concept. The market size is very huge and only 12% market share is captured until date.
Gaming industry is highly lucrative in Asia pacific markets and taken Indian market, which has huge, potential and highly lucrative we are trying to be the 3rd in the market to enter and grab customer attention at the earliest. The project is in the concept stage but yet has done all the necessary background including player database (initial market research and time to market), identified global technology partner and identified key officials for gaming license (game 2).
We are looking for start-up funding and based on market size, growth rate of competitors the potential investor can expect the ROI less than 2 years of time (can be much lesser than on a successful launch and branding but we do not want to throw numbers in air).
The additional funding would be used for phase 2 and phase 3 stage for further branding, developing mobile apps and game concept 2, licensing etc. This will encourage lot of angel investors to invest in our company. The additional funding will be just as phase 1 for subsequent phase 2 and then phase 3 but this will not be from the board members but the additional investors who will be called for the next level of investment by releasing equity shares.
We have huge player database to help us for fast entry to market.
We also have identified coding techniques giving a clear competitive differentiation.
There is separate blog and forums for the players to avoid misconceptions.
We are running 24*7 live chat.
The customers can repeat it but there are few innovators, which even though duplicated will take time and by that time we can capture good market.
Playing for real cash games is one of the best opportunity to make money from Day 1 after successful launch of the product. No other products has this leverage and considering the fact that Indian market is such huge one has greatest potential to make good revenues. The important and vital concept of gaming sites is that even though there is competition players tend to play in both sites depending upon the features, privileges given.
• Start-up funding is used for development (sign up with existing game platform company will help us time to market in 2 months)
• Promotional campaigns
• Customer support
• Salaries and other OPEX
The desired investment will go on phase wise for each quarter of USD 25,000
We are looking for hands-on investor where he will buy the equity depending upon the interest of his/her funding. The expected ROI would be nearly 10 times and expected to be in less than 2 years. 25:50:25 ratios is the desired investment instalment schedule.