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Vmeets

India

Sector Event Tech
Employee Count 11-25
Is Incorporated? No
Foundation Date July 1, 2020

Description


Investments



Competitive Advantage

Our total addressable market includes the following sectors: - Small and mid-scale event organisers - Educational institutions - Trade associations - SMEs - Large exhibition organisers - Global event organisers - Large enterprises (across all industries) - At present our sales and marketing is mostly direct, using our inside sales team. - Our immediate goal is to: Increase subscriber base through Freemium model and through Product Marketing Strategies - We are currently targeting mid-sized event organisers and enterprises. - We aim to target global event organisers, Large exhibition organisers, Small/medium/large enterprises, Associations and Education institutions - We are currently using a customised pricing model with a base price on a per-event-day basis, where customers pay for extra features and add-ons - We also have Annual and monthly subscription models - Our goal is to scale up and create 'off-the-shelf' purchasing abilities, Build-your-own-product-package options and Monthly and annual subscription plans


Detailed Info

Revenue Model Description

We sell licenses to host events on our platform, both per event licensing and Saas model on Annual and Biannual subscription. - Vmeets is a revenue generating company, having hosted 25+ events in 2020 generating US$ 75,000 within first 6 months of incorporation. - Contracts have been signed with multiple clients to host 100+ events in 2021 having generated US$ 250,000.