A content-driven, context-specific and culture-appropriate entertainment and engagement platform for the world in 2020 and beyond that will help create and nurture interest-based communities that can connect, communicate and collaborate.
PLAYTOOME is a virtual venue for LIVE SHOWS.
PLAYTOOME is “Uberising” the LIVE connect… between Artists and their respective audience.
PLAYTOOME is “Democratising” the concept of LIVE SHOWS… by breaking boundaries of geographical & economic divide.
PLAYTOOME is “Dematerialising” LIVE SHOW venues… to overcome cost barriers for LIVE performances
Celebrated 400th show on April 26
Gross Margin positive
Huge artist interest – 5.5K artists with daily 5-10 performance requests
Great Brand / Employee engagement fit – already 5-6 shows completed
Signing Third Party content / studio’s partnerships – 2 already signed; 10 more in pipeline
- Ten X2 Global Business Accelerators deal signed – Key Deliverables
a. US$ 250K Funding in 120 days
b. US$ 500K worth of annual business contracts over 9 months
c. Series A raise of at least US$ 3M in 1 year
- China Accelerator / SOSV MOX Program – Offer received – Assured funding US$ 150K – Terms under negotiation.
- 3 existing shareholders have confirmed further funding – US$ 100K commitment already from existing investors
- In an investor event organized by an existing investor in Delhi last week, we have in got interests worth US$ 50K – 100K. Under discussion / closure in another week
Target to close US$ 750K in 120 days
Current line of sight: US$ 400K
Usage of Funds / Key metrics post funding to be achieved
- 6 shows every day from the current 2 shows a day
- At least 10 Playtoome co-branded centers
- Open Chennai / Blore/ Hyderabad/ Cochin/ North East / Lucknow
- Acquire 500k consumers (current 50K)
- Launch native mobile app, with subscription plans
- Build 10 brand / employee engagement relationship resulting in US$ 250K revenue