Looking to rise 1.75cr through equity for virtual to reality application project

Posted On: 15 / Nov / 2022
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Deal Details

Annual

Deal Type

Equity (Fundraise)
Maximum Loan

Industry

Apparel / Fashion
Charge

Deal Status

Active

Deal Description

DS try and enjoy private limited company is incorporated on 27/05/2022.

The founders are Devanand palode and Rajkamal palode.

We are working on an application project which is based on AI technology.

With this app user can book beauty and wellness appointments much easier and convenient where you can now find top rated salons and beauty parlours near your location.

On our app user can see virtual preview of hair designs before haircut also they can try dresses on their artificial body before purchasing.

We have three different platforms on our application which are based on each other.

**market gaps**

1) no clear visual before haircut.

2) appointment by calls only.

3) no service at door available.

4) lack of trained professionals.

5) no robust platform to engage

**solutions we have**

1) virtual preview of haircut.

2) free booking available slot wise.

3) home service for senior citizens.

4) in house trained professionals.

5) app and well maintained website.

According to our financial report our valuation after five years will be 56cr.

Our first year fund requirement is 1.75cr.

*fund utilisation*

1) admin expenses:- 35 lakhs

2) salaries:- 66 lakhs

3) application and website:- 60 lakhs

4) fixed assets:- 14 lakhs

Attached Files

icon D S Try and enjoy pdf

Deal Value
1.75 Crore
Targeted Region
Asia Pacific

Revenue

2019-20
Undisclosed
2020-21
Undisclosed
2021-22
Undisclosed