AI Company Raising Funds For Expansion In Bhubaneswar
Product / Service
Transcription and Annotations in various languages( English, Hindi, Odia, Bengali, Telugu, Kannada, Malayalam, Urdu, Dongri, Santali, Assamese, Meitei, Gujarati, Bodo, Afrikaans, Lebanese and many more).
They work on GIS Technology using the ARC GIS tool for marking building footprints, land footprints, and land base footprints.
BPO, Survey for Google Maps address verification, Swatch Bharat survey, US-based COVID surveys.
Clientele type
Some of their active clients consist of:
Appen - an AI database management company.
Yejella - dealing with GIS Technology.
Deodhani - dealing with AI database management.
They have Worked on LOFT tool, Shaip, Labely, ASR, Shoonya, Karya, ARC GIS and many more.
Premises
LEASED
Lease per month (in INR): 35,000
Security Deposit (in INR): 210,000
Carpet Area: 1,650 sq ft
The office is situated in a commercial complex, situated at the heart of Bhubaneshwar city.
Asking Price Includes
Interest of 14% pa for 3 years with,
A Royalty payment for the next 1 year, which is 1% of the investment amount, each month.
Reason
Seeking funds to acquire laptops, servers, and lease additional workspace, driving expansion and enabling the pursuit of new projects.
Other Details
AI and GIS are futuristic technologies with immense potential.
Clients seek their expansion due to quality content and over 97% accuracy. Limited funds prevent system procurement, hindering workspace expansion and potential high returns.
They have a human resource arm as well, where they do recruitment on their client's behalf, and an event management arm, with which they started their business.
Business Tags
₹10 to ₹200 Cr
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Seamless Fundraising/M&A transactions
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