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Gaming Website Investment Opportunity in Delaware, United States

Start-up with 80 users during the beta stage providing a gaming portal for running experiences.
This transaction has concluded.
This Business is on a Premium Plan
Established 1-5 year(s)
Employees 5 - 10
Legal Entity Private Limited Company
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Gaming Websites
Locations  Bangalore + 1 more
Local Time 7:52 AM Asia / Kolkata
Listed By Advisor / Business Broker
Status Active
Overall Rating
Partial Stake Sale
USD 400 thousand for 10.0% stake (Native Currency: INR 35,000,000)
Reason: Funds are required for team building, product development, branding, and marketing. Valuation is bas... View More
Documents
Pitch Deck
Product Brochure
Pamphlet
Business Pamphlet
Business Product
Business Overview

• The business, a YourStory Tech50 startup, is a B2C product company building a metaverse for runners.

• It combines the principles of game tech and deep tech to offer users a running experience that is as immersive as playing a console game.

• The only thing users need is a treadmill and a device such as a smartphone or a tablet on which they can download and run the application.

• The business is combining the principles of game-tech and deep-tech where runners run in an on-demand, immersive, safe, enjoyable environment and connect with fellow runners across the globe from the comforts of their homes.

• First mover advantage with a focus on indoor runners and differentiators that allows for a much more immersive experience than next-best alternatives.

• Low entry price for customers revolved around a daily habit and huge installed base that improves current experience significantly.

• The business has closed the beta testing in the third quarter of this year with 80 customers.

Products & Services Overview

• Boston route live on the app on iOS and Android apps.

• Once a user has stepped on the treadmill, they will be teleported to a virtual world where the user can potentially run across the major marathon cities (Boston, London, Mumbai, Tokyo) or scenic environments (jungle trail, beach run, etc. ), either with friends or solo via their digital twins or avatars.

Assets Overview

The company has B2C software (mobile/desktop/TV app) worth INR 50 lakhs.

Facilities Overview

The business has a premise on lease.

Capitalization Overview
Not Disclosed
Recent Activity
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This transaction has concluded. View similar business opportunities on SMERGERS
Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.

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