Almond Solutions

Posted On: 19 / Apr / 2021
0 712

Deal Details

Annual

Deal Type

Equity (Fundraise)
Maximum Loan

Industry

Mar-tech / Experience-tech
Charge

Deal Status

Active

Deal Description

Almond Solutions helps brands/enterprises power and scale their channel and customer engagements with its mobile first and metaverse ready, award winning digital experiences platform - Almond Virtex. Traction - * 70+ Enterprise Clients Onboarded * The World Bank, Coca-Cola, Nestle,GPI, L&T, Loreal among others * 200+ Events/Projects Delivered * 500Mn+People we have engaged globally * ~ $1Mn - Actual - Revenue/Sale - ForFY22 * ~$5Mn (60%+ Confirmed) - Revenue/Sale ForFY23 - 5x Revenue Growth * In April2022 we signed a $10Mn contract with Coca-Cola for delivering channel engagements in the digital space. * We cater to the $91Bn opportunity of turning physical engagements into digital and metaverses in the next couple of years. * Profitable USA - * We have just established our presence in the USA * We have signed two contracts from the USA in the last couple of weeks. * We have just hired our Sales Head in the USA and a SDR as well. * Additionally, we have signed two partners (agencies) in the USA who will actively take our platform to their clients. * We can couple of demoes already lined up for the USA Customers * Lastly, Almond is metaverse ready, and in our next launch planned for Aug2022, we are expecting a crazy business coming to us (not included in the pipeline) Fundraising - * Considering the points mentioned above we are looking to raise $5Mn for this round. * Our focus is to close this round within the next 6-8weeks, and most of this money will be utilized to serve the clients in pipeline and hire talent. * With the raise we expect to increase the revenue to $8-10Mn within a year and valuation to $100mn

No Files Attached

Deal Value
39.95 Crore
Targeted Region
Americas

Revenue

2019-20
7.99 Crore
2020-21
7.99 Crore
2021-22
7.99 Crore