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  4. Bhubaneswar
  5. SL015562
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AI Company Raising Funds For Expansion In Bhubaneswar

Listing ID: SL015562
Posted By: Owner
Last Active: 1+ year ago
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About Business

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): 35.00 K

Security Deposit (in INR): 2.10 L

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.

More 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.

Keywords

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Business Tags

AI Company Raising Funds For Expansion In Bhubaneswar

Fundraising for ₹10 Cr – 500 Cr

Confidential Process Completed in 120 Days

Strategic Preparation, Aligned Investor Outreach and Seamless Closure

Supported by Advisors with 26+ Years of Experience

Contact IBGrid Team

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