SpiderG (Digitization of Business through microsites delivery and automated payment collection)

By Swanand
Posted On: 20 / Apr / 2021
0 795

Deal Details

Annual

Deal Type

Sell (Strategic Investors)
Maximum Loan

Industry

Platform for Small Vendors
Charge

Deal Status

Active

Deal Description

SpiderG (Digitization of Business through microsites delivery and automated payment collection) Services : Payment Collection AI based Auto Reminder delivery (SMS, Whatsapp and email) Auto Reconciliation Micro website to take business digital Multiple Payment modes available for customer to transact e-Receipt delivery Service Area : PAN India Established Date : 30th March 2015 Directors of the company : Ashwani Kumar Singh Rathore & Eric John Fonseca Sharing of Directors and his/her sharing : 62 % Needed acquisition? : Yes Yearly sale vs expenses: Expense of 12L/month current loan details : Rs 65 lakhs from Friends and family *Future Plan and Scope for ROI.* India has a total of 6.3 Crore SMEs, a sector which is ignored by the tech. SpiderG aims at digitizing businesses through creation of Microsites for targeted domains with an automated payment collection module offering AI based reminders and e-receipt delivery. With an active integration with DEN/Hathway & GTPL the leading players in the Cable TV sector, onboarding Local cable operators on the platform and catering them with a customer centric approach becomes the key offering of SpiderG. Connect with 35,000 LCO from DEN/Hathway with an average subscriber base of 300 subscribers (35,000*300=1,05,00,000 subscribers) with an invoice size of 350. Potential transaction ticket size of 300 crores approx.

No Files Attached

Deal Value
80 Crore
Targeted Region
Americas

Revenue

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