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Almond Solutions

A Vigital Experiences Solutions Suite

India, Haryana
Market: Internet and IT, Other, Mobile applications
Project stage: Operating business

Also this project:
- Find investments
- Participate in the Unicorn Battle

Idea or High Level Concept

Vigital is a powerful combination of Video.Virtual.&Digital. Vigital experiences are the future of work, marketing and events. The shift in consumer behaviour, data power, and easy integrations have super accelerated the need for these solutions with market size of a whopping USD 300Bn+ and per various reports worldwide. Almond is a suite of vigital experience solutions - VIRTEX (A virtual and hybrid events and experience platform with automation), VINGAGE (Video Engagement and gamification), VGIFT (Instant gratification platform), VCOMMERCE (Virtual stores enablement)

Territory of the product or service implementation

Global (world)

Traction and Current Status

3 Years in Business
USD 1.2 MN Topline for the year 2020
Expected Growth in next 5 Years - USD 300MN Sales
30+ Members Team, Single Location Currently.
CEO - Abhinav Jain (ex Jetblue, Citrix, Dell, SAP, PlaceIQ, Ondeck)
MD - Apurv Modi (Entrepreneur, Ex- Practo, Cyber)

Problem or Opportunity

Globally businesses are looking for vigital experience solutions that are humanly interactive, driven by content, offer data-rich engagements and are serviced by one shop.

The shift in consumer behaviour, understanding the data power, and easy integrations have super accelerated the need for these solutions with a market size of a whopping USD 300Bn+ and per various reports worldwide.

Solution

Almond is a suite of vigital experience solutions with products like -

VIRTEX (A virtual events and experience platform with Automation),
VINGAGE (Video Engagement and gamification platform),
VGIFT (Instant Gratification platform),
VCOMMERCE (Virtual store platform)

Our Products have been innovatively used by global brands like The World Bank, Nestle, CocaCola, Hyundai, Govt Of India, L&T, NIIT to name a few.

Customer Segments and Market

Market Size - UDS 300Bn
Segment - Marketing, Events, Corporates, All

Revenue Streams and Cost Structure

Projects are custom priced - ranging from $5k to 15k
2020 - Sales - $1.2 Mn (Actual)
2021 - Sales - 24 Mn Projected
2022 - Sales - 36 Mn Projected
2023 - Sales - 54 Mn Projected
2024 - Sales - 75 Mn Projected
2025 - Sales - 102 Mn Projected

Business Model, Chanells, Metrics

Direct Sale to Corporates
Reselling with Partners worldwide

Competitors and Existing Alternatives

On24 - 3 Bn Valuation
Hubilio - 2.1 Bn Valuation
Hopin - 5.6 Bn Valuation
Vfairs - In Bn

Advantages or differentiators

35% Fast to market
100% Customisable
25% Cost Effective
One Shop Solutions
Pure Plug and play

Risks

We need to expand fast and built our talent pool.

Incubation/Acceleration programs accomplishment

Startup India - DPIIT recognized startup

Won the competition and other awards

5 Guinness book of world records for the events hosted by Almond

Winner - BW BusinessWorld 2021 Tectores Award

Director General's Honor by Punjab Govt of India

Winner - Startup Battle India 2021

Money will be spent on

Technology - 70%
Business Expansion - 30%

Offer for investor

USD 4Mn - 10% (Equity or Convertible Debt)

Team or Management

Abhinav Jain

Owner

Presentation

Download the presentation

Photos

Photo 1 - A Vigital Experiences Solutions Suite