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Almond Solutions

A Vigital Experiences Solutions Suite

India, Haryana
Market: Internet and IT, Another, Mobile applications
Stage of the project: Operating business

Date of last change: 04.07.2021
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Idea

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)

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)

Market

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

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 (product or service)

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.

Competitors

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

Finance

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

Direct Sale to Corporates
Reselling with Partners worldwide

Money will be spent on

Technology - 70%
Business Expansion - 30%

Offer for investor

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

Team or Management

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

Photos

Photo 1 - A Vigital Experiences Solutions Suite

Product Video

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Idea
Current Status
Market
Problem or Opportunity
Solution (product or service)
Competitors
Advantages or differentiators
Finance
Invested in previous rounds, $
Business model
Money will be spent on
Offer for investor
Team or Management
Mentors & Advisors
Lead investor
Risks
Incubation/Acceleration programs accomplishment
Won the competition and other awards
Invention/Patent
Photos
Product Video