Latest Startup Opportunities with Altius

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All you need to know about startup opportunities with Altius

 

 

Altius brings you the opportunity to invest in handpicked and selected startups out of a number of proposals received on monthly basis. The selection process is very rigorous & discrete where only a few of them manage to pass through. This step is very important to maintain the quality of startups for our Investors.

lets walk through the details of the startups selected by Altius for our Investors :

 

1. TradeReboot Fin

• Launched in April 2021 TradeRebootFin is a Blockchain based Fintech Platform that seeks to derive value from every aspect of the business while exploiting the synergies of an integrated entity. The founding team has expertise and capabilities in Trade Finance, Lending, Commodity Trading, Blockchain technology.

• TradeRebootFin is a fintech platform that provides a blockchain based digital solutions to address the trade finance gap of US$1.5 Trillion. The Company brings together Banks and International NBFCs to provide collateral free working capital at a competitive rate to Exporters, Small and mid- size enterprises (SMEs) and Micro, Small and Medium Enterprises (MSME) to enable smooth exports and support the increasing exports in the country. They also provide Digital Document Management Solution where banks and Exporters can create, upload, save, track, and trace all their documents and contracts on the Smart Contract Management System.

  •  Revenue Model

– Company charges with a commission of 10% of the interest received on the trade finance provided to exporters

– Company charges commission to the banks for providing LCs, exporters are charged flat fees per LC

  • Achievements so far :

– 250+ users onboarded
– US$ 800,000 working capital provided
– 5 NBFCs onboarded
– 5 channel partners in India

  • Problem they are solving:

– Manual Contract Creation
– Invoice Factoring
– Delayed timeline
– Manual AML review
– Multiple Platforms
– Duplicative bill of lading
– Multiple versions of the truth
– Delayed payment

  • Product line:

– Invoice Discounting
– Letter of Credit Discounting
– Freight Financing

  • Product Features:

– E-payments
– E-KYC
– API Integration:
– ICC and UCP Complaint

  • Terms of Investment

– Total round size – US$ 0.33 Million (INR 2.5 Crore)
– Pre Money-Valuation – US$ 3.3 Million (INR 25 Crores)
– Instrument – Compulsorily Convertible Preference Shares (CCPS)
– Minimum Investment 5 lac rupees.

 

2. Gemplex

Gemplex is an OTT Platform and Media & Technology Company launched in October 2019.

• Gemplex OTT offers video an Demand, Linear & Live streaming platform that broadcasts entertainment content across devices in 140+ countries in 12 indian and international languages. It is one of the fastest-growing platforms in the OTT ecosystem powered by Amazon Web Services and has auto-scalable infrastructure, enabling seamless operations.

• Attracted over 225000+ users in 18 months till March’21 with 12500+ Monthly Average Users (MAU)

• As per the Inc42 report 2020. Gemplex stands in the 46.8% mainstream OTT in India and among the few OTT in India and among the few OTT players to stream content in key spoken regional and foreign languages.

• Seeking funds INR 30 crores at a Pre-money valuation of INR 120 crores through issuance of Compulsory Convertible Debentures

• Conversion Terms:
– if next funding round 0-6 months,- conversion at a discount of 20% of then valuation.
– if next funding round 6-12 months, – conversion at a discount of 30% of then valuation.
– Otherwise, Current Valuation.
– Conversion capped at INR 225 crores

• Minimum Ticket Size – INR 6 lacs

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