PORTFOLIO

VENTURE CAPITAL FUNDS

BSD VENTURES

BSD Ventures is innovative venture capital fund, which makes investment in blockchain based start-ups, which has high scalable opportunity.

BSD Ventures  main goal is to transform into new type of Venture Capital fund ,which invest in promising blockchain  startups with global growth potential and help them planning and developing their growth strategy.

BDS Ventures is backed by the Israel blockchain association. Israeli Blockchain Association facilitates business leaders, educators, policy-makers and citizens in using of globally accepted, industry-leading knowledge and practices for blockchain technologies.

Investment thesis Pitch Deck Preparation Service

we prepared investment thesis pitch deck of BSD Ventures, which will raise 2 million USD funding for his VC fund, which includes :

  • Determination competitive advantage Of investing in BSD Ventures fund
  • Strategic partnership with israeli blockchain association
  • Team
  • Project flows
  • Requested funding
  • Fund valuation
  • Ticket size per start-up
  • Start-Ups potential IRR & ROI
  • EXIT strategy

START- UPS

ACADEMY OF DIGITAL INDUSTRIES

The Academy of digital industries is an online education platform that offers customers courses in four areas: design, marketing, business, and development. The company conducts workshops, training, master classes. Career goals are unique and individual for each person, therefore, an online education  platform created with the methodology of experts, adapted to international requirements will allow the invited audience to have the desired career in the digital industry.

Web Page  https://digitaledu.ge/

Facebook Page https://www.facebook.com/digitaledu.ge

Start-up valuation service description

We determined pre money & post money value of ACADEMY OF DIGITAL INDUSTRIES based on pre revenue start-up qualitative & quantitative valuation methods.

Start-up business development service description

We created business development plan of ACADEMY OF DIGITAL INDUSTRIES, which includes:

  • Project executive summary
  • description of company background
  • the determination project team and organizational structure of start-up
  • determination co-financing strategy
  • detailed description innovation technology of start-up
  • Start-up Future development strategy determination
  • Market Analysis – determination Total Addressable Market – T.A.M
  • Market Analysis – determination Serviceable Ava liable Market – S.A.M
  • Market Analysis – determination Serviceable Ava liable Market – S.O.M
  • Determination main competitors
  • Determination of future strategy of start-up development
  • determination commercialization strategy
  • determination & optimization of business model
  • determination project development plan of a start-up
  • determination risk management implementation procedures
  • Planning a 5-year project budget for GITA start-up matching grants.
  • Determination subcategories amount of 5-year project budget.
  • Determination of optimal allocation of operating costs and capital expenditure in 5 – year project budget.
  • Determination of revenue drivers 5-year financial projection P&L statements for GITA start-up matching grants.
  • Investment return analysis.
  • Calculation revenue growth rate and CAGR – Compound Annual Growth Rate for the 5-year projected period.
  • Profitability analysis of 5-year financial projected P&L statements.

ACTORS

„ ACTORS“ is innovative online platform ( Web site and app ) , the goal of which is to create casting
base for actors, types and creators all around world.
The embedded artificial intelligence gives an option to any person 16+ worldwide, interested to perform
and act – professionals as well as types register in the base and have chance to be chosen by creators
(film studios, directors, producers and etc.) and take part in shooting process.
For ACTORS (Talents) it is a chance to get popular in the homeland or beyond its border , get alternative
job and earnings.
For CREATORS -representatives of Film Industry, producers, production companies, film and commercial
directors and agents- it is easy way to get familiar with world actors and hold pre-casting without spending
quite big money and time.

Start-up business development service description

  • Project executive summary
  • description of company background
  • determination project team and organizational structure of start-up
  • determination co – financing strategy
  • detailed description innovation technology of start-up
  • Start-up Future development strategy determination
  • Market Analysis – determination Total Addressable Market – T.A.M
  • Market Analysis – determination Serviceable Ava liable Market – S.A.M
  • Market Analysis – determination Serviceable Ava liable Market – S.O.M
  • Determination main competitors
  • Determination of future strategy of start-up development
  • determination commercialization strategy
  • determination & optimization of business model
  • determination project development plan of start-up
  • determination risk management implementation procedures
  • Planning 5-year project budget for GITA start-up matching grants.
  • Determination subcategories amount of 5-year project budget.
  • Determination optimal allocation of operating costs and capital expenditure in 5 – year project budget.
  • Determination revenue drivers 5-year financial projection P&L statements for GITA start-up matching grants.
  • Investment return analysis.
  • Calculation revenue growth rate and CAGR – Compound Annual Growth Rate for 5-year projected period.
  • Profitability analysis of 5-year financial projected P&L statements.

AIR

AIR is a youth clothing line designed to help consumers avoid wasting time in stores and avoiding shop fitting rooms by selling clothe through innovative vending machines and incorporating virtual fitting room. Furthermore, unlike online shopping, consumers get the products right away.

AIR sells comfortable and functional clothing tailored to the dynamic rhythm of everyday life for young men and women. Practice has shown us from simple things (t-shirts, hoods, bags, etc.) to create something beautiful and special for those who update their wardrobe by online shopping, who follow the latest fashion trends, emphasizing style and individualism for whom smart technologies are a daily lifestyle.

Facebook Page – https://www.facebook.com/air.tbilisi

Start-up business development service description

  • Project executive summary
  • description of company background
  • determination project team and organizational structure of start-up
  • determination co – financing strategy
  • detailed description innovation technology of start-up
  • Start-up Future development strategy determination
  • Market Analysis – determination Total Addressable Market – T.A.M
  • Market Analysis – determination Serviceable Ava liable Market – S.A.M
  • Market Analysis – determination Serviceable Ava liable Market – S.O.M
  • Determination main competitors
  • Determination of future strategy of start-up development
  • determination commercialization strategy
  • determination & optimization of business model
  • determination project development plan of start-up
  • determination risk management implementation procedures
  • Planning 5-year project budget for GITA start-up matching grants.
  • Determination subcategories amount of 5-year project budget.
  • Determination optimal allocation of operating costs and capital expenditure in 5 – year project budget.
  • Determination revenue drivers 5-year financial projection P&L statements for GITA start-up matching grants.
  • Investment return analysis.
  • Calculation revenue growth rate and CAGR – Compound Annual Growth Rate for 5-year projected period.
  • Profitability analysis of 5-year financial projected P&L statements.

ALLWINE.GE

Start-up – ALLWINE.GE    founded in 2017 year.

ALLWINE.GE is largest online store and media portal of Georgian wines.

  • ALLWINE.GE is Online store of selected Georgian wines .
  • ALLWINE.GE is Everything about wine – informational media portal
  • ALLWINE.GE is Tasting corners in Tbilisi and Batumi, where you can taste wines for free and buy the ones you like

Start-up valuation service description

We advised management of KEDARI VENTURES to determine pre money & post money value of start-up ALLWINE.GE based on post revenue start-up qualitative & quantitative valuation methods.

AnimatronX

AnimatronX is a Cross-Platform Game Development start-up.

Web Page – http://www.animatronx.com/

Start-up Business development service description

We advised to start-up AnimatronX in process of creation GITA matching grants business plan

AReal

AReal is the startup company which makes digital thechnologic products for various industries and businesses procces.

Facebook Page –   https://www.facebook.com/ARealOfficial

Start-up Business development service description

We advised to start-up Areal in process of creation GITA matching grants business plan,which includes following :

  • advised to determine total adressable market – T.A.M
  • advised to determine total servicable avaliable market – S.A.M
  • Advised to determine total obtainable market – SO.M
  • analysed and revised 5 year projection of financial model of GITA matching grant.

BAMBUSSA

Bambussa is the mobile food delivery platform that enables home cooks to sell their homemade dishes
and products to people online. Bambussa lets home cooks open their virtual restaurants and introduce
their products to the market. We are empowering those individuals who used social networking platforms
for selling their products by giving them virtual sales channels to the public via our mobile application and
our delivery service. Bambussa is a free marketplace where anyone can register as a home cook after
completing our registration process and meeting our requirements.

Start-up business development service description

We created business development plan of start-up BAUCHI which includes:

  • Project executive summary
  • description of company background
  • determination project team and organizational structure of start-up
  • determination co – financing strategy
  • detailed description innovation technology of start-up
  • Start-up Future development strategy determination
  • Market Analysis – determination Total Addressable Market – T.A.M
  • Market Analysis – determination Serviceable Ava liable Market – S.A.M
  • Market Analysis – determination Serviceable Ava liable Market – S.O.M
  • Determination main competitors
  • Determination of future strategy of start-up development
  • determination commercialization strategy
  • determination & optimization of business model
  • determination project development plan of start-up
  • determination risk management implementation procedures
  • Determination optimal allocation of operating costs and capital expenditure in 5 – year project budget.
  • Determination revenue drivers 5-year financial projection P&L statements for GITA start-up matching grants.
  • Investment return analysis.
  • Calculation revenue growth rate and CAGR – Compound Annual Growth Rate for 5-year projected period.
  • Profitability analysis of 5-year financial projected P&L statements.

Start-up valuation service description

We determined pre money & post money value of start-up BAMBUSSA based on post revenue start-up qualitative & quantitative valuation methods.

BAUCHI

Bauchi is a start-up that makes wooden toys. Wooden toys are based on the principle of Puzzle, which is assembled by connecting different parts. The most important innovation of a start-up is the fact that the production of wooden toys does not require large capital expenditures and enterprise arrangement.

Start-up business development service description

We created business development plan of start-up BAUCHI which includes:

  • Project executive summary
  • description of company background
  • determination project team and organizational structure of start-up
  • determination co – financing strategy
  • detailed description innovation technology of start-up
  • Start-up Future development strategy determination
  • Market Analysis – determination Total Addressable Market – T.A.M
  • Market Analysis – determination Serviceable Ava liable Market – S.A.M
  • Market Analysis – determination Serviceable Ava liable Market – S.O.M
  • Determination main competitors
  • Determination of future strategy of start-up development
  • determination commercialization strategy
  • determination & optimization of business model
  • determination project development plan of start-up
  • determination risk management implementation procedures
  • Planning 5-year project budget for GITA start-up matching grants.
  • Determination subcategories amount of 5-year project budget.
  • Determination optimal allocation of operating costs and capital expenditure in 5 – year project budget.
  • Determination revenue drivers 5-year financial projection P&L statements for GITA start-up matching grants.
  • Projection sale price and quantity products sold of products and other related products for upcoming 5 years.
  • Investment return analysis.
  • Calculation revenue growth rate and CAGR – Compound Annual Growth Rate for 5-year projected period.
  • Profitability analysis of 5-year financial projected P&L statements.

BIOCURE

Start-up – BIOCURE    founded in 2019 year.

BioCure is an eco-friendly and universal petroleum product pollution cleanup solution, which simplifies and cuts cleanup process costs.

BioCure technology is based on the accelerated natural bio-degradation method and is effective on any type of ground, water, groundwater, and seawater.

In 2019-year BIOCURE won GITA start-up matching grants with amount 100,000 GEL.

Web Page – http://biocure.tech/

Start-up valuation service description

We determined pre money & post money value of start-up BIOCURE based on pre revenue start-up qualitative & quantitative valuation methods.

CONSTRUCT.GE

Web-Platform CONSTRUCT.GE LLC was founded in 2016 by Wsale LLC, Modulator LLC and N(n)le Infrastructure Construction Companies’ Association.

Platform aim to solve problems in fields of e-commerce and market price analysis.

CONSTRUCT.GE offer following services for B2B clients:

  • E-Commerce system of construction products
  • Market price analysis system (Under Development)

Start-up valuation service description

We determined pre money & post money value of start-up CONSTRUCT.GE based on pre revenue start-up qualitative & quantitative valuation methods.

CHAI App

Start-Up CHAI is founded in 2020 year.

CHAI is online dating application which provides following innovative features :

  • create own avatar
  • tick interests/hobbies
  • find people with the same interests/hobbies
  • find people in the location
  • chat with selected CHAI users
  • meet them in real life
  • visit CHAI’s partner Cafes & Restaurants and get special offers

Start-up valuation service description

We determined pre money & post money value of start-up CHAI App based on pre revenue start-up qualitative & quantitative valuation methods.

CROSSCREATORS

CROSSCREATORS is an augmented reality marketplace where augmented reality creators and brands have the opportunity to collaborate.

The use of augmented reality in digital marketing has increased significantly in recent years, which is actively used by large companies. In the case of comparison with traditional advertising, augmented reality content gives better results. The use of augmented reality significantly increases the engagement of potential customers and consequently the results of marketing campaigns. Globally, 67% of companies that use digital marketing campaigns are willing to use augmented reality content for their marketing campaigns. Classic digital marketing is working inefficiently and consequently, large companies have started to actively use augmented reality in order to increase their return on investment. However, it should be noted that the augmented reality is not available to all companies and is mainly used by large companies, by these problems :

  •  Complexity – Augmented reality tools are complex and companies do not know what platforms to use for augmented reality.
  • It is difficult to find professional creators, which is associated with spending a lot of time.
  •  Trust – is very low between brands and creators, which leads to many deals falling apart due to mistrust.

 High Prices – Marketing agencies that offer brands the production of augmented reality cost hundreds of thousands of dollars, which is not available to everyone

Start-up valuation service description

We determined pre money & post money value of start-up CROSSCREATORS based on pre revenue start-up qualitative & quantitative valuation methods.

Start-up business development service description

We created business development plan of start-up CROSSCREATORS for 100,000 GITA matching grants which includes:

  • Project executive summary
  • description of company background
  • determination project team and organizational structure of start-up
  • determination co – financing strategy
  • detailed description innovation technology of start-up
  • Start-up Future development strategy determination
  • Market Analysis – determination Total Addressable Market – T.A.M
  • Market Analysis – determination Serviceable Ava liable Market – S.A.M
  • Market Analysis – determination Serviceable Ava liable Market – S.O.M
  • Determination main competitors
  • Determination of future strategy of start-up development
  • determination commercialization strategy
  • determination & optimization of business model
  • determination project development plan of start-up
  • determination risk management implementation procedures
  • Planning 5-year project budget for GITA start-up matching grants.
  • Determination optimal allocation of operating costs and capital expenditure in 2 – year project budget.
  • Determination revenue drivers 5-year financial projection P&L statements for GITA start-up matching grants.
  • Investment return analysis.
  • Calculation revenue growth rate and CAGR – Compound Annual Growth Rate for 5-year projected period.
  • Profitability analysis of 5-year financial projected P&L statements

DADE

DADE is an innovative mobile application, which is based on C2C business model.   Since 2018, the company creates, develops and tests the purchase-selling of the mobile application at the Georgian market, which on one hand aims to give the ability to the seller put the item to be sold, to have the possibility to promote it and easily communicate with the buyer, but on the other hand to create the full comfort for the buyer during the process of searching and buying the desired item.  

Start-up valuation service description

We determined pre money & post money value of start-up DADE based on pre revenue start-up qualitative & quantitative valuation methods.

Start-up business development service description

We created business development plan of start-up DADE for 650,000 GITA matching grants which includes:

  • Project executive summary
  • description of company background
  • determination project team and organizational structure of start-up
  • determination co – financing strategy
  • detailed description innovation technology of start-up
  • Start-up Future development strategy determination
  • Market Analysis – determination Total Addressable Market – T.A.M
  • Market Analysis – determination Serviceable Ava liable Market – S.A.M
  • Market Analysis – determination Serviceable Ava liable Market – S.O.M
  • Determination main competitors
  • Determination of future strategy of start-up development
  • determination commercialization strategy
  • determination & optimization of business model
  • SWOT Analysis
  • determination project development plan of start-up
  • determination risk management implementation procedures
  • Planning 5-year project budget for GITA start-up matching grants.
  • Determination subcategories amount of 5-year project budget.
  • Determination optimal allocation of operating costs and capital expenditure in 2 – year project budget.
  • Determination revenue drivers 5-year financial projection P&L statements for GITA start-up matching grants.
  • Investment return analysis.
  • Calculation revenue growth rate and CAGR – Compound Annual Growth Rate for 5-year projected period.
  • Profitability analysis of 5-year financial projected P&L statements.

DELIVER IT  

DELIVER IT is an innovative technology startup that aims to create a platform that will create a digital and automated service in the parcel delivery sector. Through the DELIVER IT website, the user will register, place orders and be able to track order statuses. • Mobile App for Courier – By using the mobile app, couriers will register, log in with the company and then be able to receive orders and then renew order statuses.

Facebook Page https://www.facebook.com/deliverit.ge/?ref=page_internal

Start-up business development service description

We created business development plan of start-up DELIVER IT for 15,000 GITA grants which includes:

  • Project executive summary
  • description of company background
  • determination project team and organizational structure of start-up
  • detailed description innovation technology of start-up
  • Start-up Future development strategy determination
  • Market Analysis – determination Total Addressable Market – T.A.M
  • Market Analysis – determination Serviceable Ava liable Market – S.A.M
  • Market Analysis – determination Serviceable Ava liable Market – S.O.M
  • Determination main competitors
  • Determination of future strategy of start-up development
  • determination commercialization strategy
  • determination & optimization of business model

DIREST

Start-up DIREST founded in 2018 year.

DIREST help local citizens and tourists to explore traditional dishes and restaurants in Georgia based on price, territory, distance and popularity of restaurant.

DIREST   offers services by following platforms:

  • via mobile application.
  • via web site.
  • via Facebook chat – bot.

Start-up valuation service description

We determined pre money & post money value of start-up DIREST based on pre revenue start-up qualitative & quantitative valuation methods.

DOCTRA

DOCTRA – is a medical platform created by combining international experience and local knowledge!

Work on the platform began in 2014 and currently, DOCTRA team consists of 25 professionals with 10 years of experience. curently, DOCTRA is one of the most reliable, flexible, easy to use and, most importantly, fully compliant with the law.

DOCTRA has been successfully implemented in several leading clinics in the country and deserves the highest rating compared to other alternatives on the market. Among the partner companies are “Joe Ann Medical Center”, “Mardaleishvili Medical Center”, “Davit Tatishvili Medical Center,” Tbilisi Heart Center “and others.

DOCTRA is a copyrighted product of NGT Group, a multi-profile IT company with 12 years of experience. NGT Group has successfully implemented about 500 projects in partnership with the largest organizations in Georgia.

Start-up valuation service description

We determined pre money & post money value of start-up DOCTRA   based on pre revenue start-up qualitative & quantitative valuation methods.   

DOERS

Start-up – DOERS    founded in 2018 year.

Doers is a platform with a free market based economy, where people who are looking for any type of service are matched with people who can deliver those services. The platform will be accessible through smartphone devices with iOS and Android operating systems.

Customers willing to get on-demand services (Authors) will be able to post desired service request (a Mission) with description, desired time, desired price, location, images and tag it with generalized category. Submitted missions are placed on the map. Service providers (Doers) will be able to set their region of interest with range (Zone) on the map and categories of competence (Tag).

In 2018 year DOERS won GITA start-up matching grants with amount 100,000 GEL.

Start-up valuation service description

We determined pre money & post money value of start-up DOERS   based on pre revenue start-up qualitative & quantitative valuation methods.   

DONNA App

Mobile application DONNA App launched on September 11 2017.

DONNA App is an innovative way of delivering food, which gives opportunity   application users to choose restaurants or cafes, choose desired products, make online order and receive product    directly in car Without walking and queuing.   


DONNA App offers following services:

  • Drive thru.
  • Online Food delivery.
  • Restaurants and cafés online reservation.

Start-up valuation service description

We determined pre money & post money value of start-up DONNA App   based on pre revenue start-up qualitative & quantitative valuation methods.   

EBITA

EBITA  is an innovative investment platform that analyzes the financial performance of business sectors and companies in a unified electronic system. For the current stage, a platform has been created that includes financial data of 4000 companies and their detailed analysis. The platform also provides benchmarks for industries and business sectors. The platform allows users to easily search and view non-financial information about any company Data and Financial Information – Financial statements as well as processed financial performance in terms of profitability, liquidity, asset management and financial stability. Through the platform it is possible to compare different companies with each other, as well as compare companies with benchmarks of business sectors.

Web Page – https://ebita.ge/

Start-up Business development service description

We advised to start-up EBITA in process of creation GITA matching grants business plan,which includes following :

  • advised to determine total adressable market – T.A.M
  • advised to determine total servicable avaliable market – S.A.M
  • Advised to determine total obtainable market – SO.M

ECHOLIZE

Before Echolize, there was Influence Georgia – The first influencer marketing agency in Georgia, that specialized in campaigns on Instagram, Facebook and other social media channels, connecting brands with top social media influencers

Echolize was selected as one of the most promising Startups in Georgia by the World Bank and GITA (Georgian Government) in 2018/2019. And with the help of Israeli investors, Echolize team managed to raise GEL 1,400,000

Start-up valuation service description

We determined pre money & post money value of start-up   ECHOLIZE based on pre revenue start-up qualitative & quantitative valuation methods

EDUMENTORS

Edumentors is based on existing start-up Mynanny.ge, a childcare platform launched in October 2020.  8 months of Mynanny in operation has demonstrated high potential of tutoring in Georgia and Emigrant community. Georgian market has been a great testbed for testing the platform as well as team’s capacity of scaling it up to 15 000 users in extremely challenging environment.

Soon after the successful start, Mynanny has been selected for the 500Startups Accelerator (500 Georgia Batch2) which allowed us to progress at a fast phase with help of the right tools and dedicated mentorship during 8 months acceleration period.

Start-up valuation service description

We determined pre money & post money value of start-up   EDUMENTORS based on pre revenue start-up qualitative & quantitative valuation methods

Start-up business plan development service description

  • Project executive summary
  • description of company background
  • determination project team and organizational structure of start-up
  • determination co – financing strategy
  • detailed description innovation technology of start-up
  • Start-up Future development strategy determination
  • Market Analysis – determination Total Addressable Market – T.A.M
  • Market Analysis – determination Serviceable Ava liable Market – S.A.M
  • Market Analysis – determination Serviceable Ava liable Market – S.O.M
  • Determination main competitors
  • Determination of future strategy of start-up development
  • determination commercialization strategy
  • determination & optimization of business model
  • SWOT Analysis
  • determination project development plan of start-up
  • determination risk management implementation procedures
  • Planning 5-year project budget for GITA start-up matching grants.
  • Determination subcategories amount of 5-year project budget.
  • Determination optimal allocation of operating costs and capital expenditure in 2 – year project budget.
  • Determination revenue drivers 5-year financial projection P&L statements for GITA start-up matching grants.
  • Investment return analysis.
  • Calculation revenue growth rate and CAGR – Compound Annual Growth Rate for 5-year projected period.
  • Profitability analysis of 5-year financial projected P&L statements.

ELIXIR

Company  Inno Lab Georgia established in December 2017 year.   The main   business activity of Inno Lab Georgia is production innovative, high-tech , safe, ecologically clean – georgian product – ELIXIR,which created in collaboration with  Austrian scientist – Dr Hebert.  

ELIXIR is high-tech , innovative, safe for humans  and ecologically safe  product , which ensures sanitation , disinfection without harmful chemicals and is very effective in combating against any bacteria and viruses. 

Start-up valuation service description

We determined pre money & post money value of start-up   ELIXIR based on pre revenue start-up qualitative & quantitative valuation methods

Start-up business plan development service description

We created business development plan of start-up ELIXIR which includes:

  • Market research of various sectors  from agriculture – to hygiene consumption.
  • Direct and indirect competitors’ analysis.
  • Sales projection of diversified products.
  • Financial model with sensitivity analysis.
  • IRR and NPV analysis.

ELVEN TECHNOLOGIES

Firefighters protection suits producer Start-up ELVEN TECHNOLOGIES founded in march 2018year.

Mission of ELVEN TECHNOLOGIES  is to revolutionize the clothing industry with high technology. ELVEN TECHNOLOGIES founders dreams of superhero suits and high-tech space suit. Elven Fire Suit is a first step to the bigger goal – to create the best, technologically advanced personal protection suits on the market.

Elven Technologies offers a technologically advanced fire-proof suits for fire-fighters to keep them safe in the line of duty and help save lives.

Elven Fire Suit – is a fire-proof suit with complete protection from direct flame and very high heat resistance. For higher protection and comfort, Elven Fire Suit is equipped with Internal Cooling System that automatically detects a rise in the suit temperature and cools the fire-fighter to a desired level.

In 2019-year ELVEN TECHNOLOGIES  won GITA start-up matching grants with amount 100,000 GEL.

Start-up valuation service description

We determined pre money & post money value of start-up ELVEN TECHNOLOGIES   based on pre revenue start-up qualitative & quantitative valuation methods.   

EXPAGO

Armenian start-up EXPAGO founded in 2018 year. 

EXPAGO offers travelers a new way to explore the world through the eyes of local experts, who use their knowledge and passion to create unique experiences. Nothing beats a personal connection and authentic expertise. Instead of relying on guidebooks and Internet pages, tourists join the locals, who can show the places and offer the experiences that won’t be found anywhere else.  

Start-up valuation service description

We determined pre money & post money value of start-up    EXPAGO   based on pre revenue start-up qualitative & quantitative valuation methods.

FIGARO

FIGARO is tech start-up provides delivery services to retail and corporate customers.

 Facebook Page  https://www.facebook.com/Figaroapp.ge/?ref=page_internal

Start-up Business development service description

We advised to start-up Areal in process of creation GITA grants business plan,which includes following :

  • advised to determine total adressable market – T.A.M
  • advised to determine total servicable avaliable market – S.A.M
  • Advised to determine total obtainable market – SO.M

FORMA

Forma is the first Georgian mobile application, through which the user will be able to place his daily ration in the program, find the desired food product, find out its energy value, get information about its useful properties and get recommendations from leading doctors and nutritionists on what it really means. A healthy lifestyle, how to get products during the day and how to start exercising properly.

Start-up Business development service description

We advised to start-up Areal in process of creation GITA matching grants business plan,which includes following :

  • advised to determine total adressable market – T.A.M
  • advised to determine total servicable avaliable market – S.A.M
  • Advised to determine total obtainable market – SO.M
  • analysed and revised 5 year projection of financial model of GITA matching grant.
  • analysed and revised total budget of GITA matching grant project

GAMO

Start-up GAMO  is an innovative sports-tech application, which connects all people, who are in love with sports, all around the world.  Application is suited for 18-50 years old, actively using sports activity, people, who travel frequently. Using innovative application GAMO, any user of the application can easily find their desirable team sports activity on his geographical area. GAMO gives the opportunity to any user to participate in his chosen sports activity.   

Start-up valuation service description

We determined pre money & post money value of start-up GAMO based on pre revenue start-up qualitative & quantitative valuation methods.  

Investment Proposals service description

We created investment Proposals of start-up GAMO, which includes:

  • Executive Summary
  • Mission Statement
  • Product Description
  • Competitive Advantages
  • TEAM
  • INNOVATIVE FUNCTIONS
  • Business Model
  • Marketing Plan
  • Investment Offer
  • Valuation Summary

GEORGIA STARTS HERE

Georgia Starts Here was founded in 2016.

Georgia Starts Here is an innovative travel platform that provides live tours for English speaking tourists. Hence, online travelers will have the opportunity to explore landmarks of Georgia and Caucasus region from anyplace in the world.

Web Page – https://georgiastartshere.com/

Facebook Page – https://www.facebook.com/Georgiastartshere

Start-up business development service description

We created business development plan of start-up GEORGIA STARTS HERE, which includes:

  • Project executive summary
  • description of company background
  • determination project team and organizational structure of start-up
  • detailed description innovation technology of start-up
  • Start-up Future development strategy determination
  • Market Analysis – determination Total Addressable Market – T.A.M
  • Market Analysis – determination Serviceable Ava liable Market – S.A.M
  • Market Analysis – determination Serviceable Ava liable Market – S.O.M
  • Determination main competitors
  • Determination of future strategy of start-up development
  • determination commercialization strategy
  • determination & optimization of business model
  • determination project development plan of start-up
  • determination risk management implementation procedures
  • Determination revenue drivers 5-year financial projection P&L statements
  • Investment return analysis.
  • Calculation revenue growth rate and CAGR – Compound Annual Growth Rate for 5-year projected period.
  • Profitability analysis of 5-year financial projected P&L statements.

GOTRIP.GE

Start-up gotrip.ge founded in 2017 year.

gotrip.ge is innovative web & mobile applications, which connects drivers and travelers and provide travel planning, tours and transfer services in georgia, Armenia and Vietnam. Gotrip.ge   is a platform, which allows tourists to plan their travel tour and make online order for car.

Start-up valuation service description

We determined pre money & post money value of start-up GOTRIP.GE based on post revenue start-up qualitative & quantitative valuation methods.  

GROW GROUP

Start-up GROW GROUP founded in October of 2019 year.

start-up GROW GROUP manufactures following unique products:

  • dry abrasive plaster
  • cement and perlite

these unique products has high thermal and sound insulation, refractory, environmentally friendly and are easy to use.

Start-up valuation service description

We determined pre money & post money value of start-up   GROW GROUP based on pre revenue start-up qualitative & quantitative valuation methods

Start-up business plan development service description

We created business development plan of start-up ELIXIR which includes:

  • Executive summary
  • Product descriptions
  • Determination quantity & price of required fixed assets
  • Sales plan
  • Management team
  • Determination of organizational structure
  • Market analysis of construction sector
  • Determination main competitors
  • detailed description of manufacturing process
  • Financial plan
  • determination of costs of goods sold of all products
  • determination costs of building manufacturing factory
  • Investment Return analysis – IRR & ROI
  • Risk analysis

GUSTAV

Start-up GUSTAV founded in 2017 year.

GUSTAV offers dry cleaning and laundry online delivery, ironing and shoes care services for retail and corporate clients.   GUSTAV wants to make laundry and dry-cleaning services easily accessible and comfortable for customers.

Start-up valuation service description

We determined pre money & post money value of start-up GUSTAV based on post revenue start-up qualitative & quantitative valuation methods.   

GYMSTINCT

Technology start-up GYMSTINCT founded in November 2016 year.

GYMSTINCT is fitness technology company creating solutions to enhance fitness clubs with modern-intelligent digital capabilities, including:

  • ERP software solutions for fitness and sports club’s business operations management www.gymstinct.club.
  • Gymstinct datahub including web and app support for trainees and trainers to manage their workout programs and performance at www.gymstinct.com.
  • Digitally enhanced commercial fitness equipment equipped with 4D Motion-capture sensing technology and linked to Gymstinct Datahub.

Main product of GYMSTINCT is Cloud based ERP software for fitness and sports clubs, to manage business operations.

Start-up valuation service description

We determined pre money & post money value of  start-up GYMSTINCT   based on pre money start-up qualitative & quantitative valuation methods.  

HOMEMARKET

The Business was established in December 2020. The team is formed (incl. in-house software developers),
product is created, all necessary suppliers and service providers are contracted. Business model IP rights
are registered and protected in both Georgian and global intellectual property organizations (Sakpatenti,
WIPO). The business is launched in the market and operates.

company provide Homemarket branded tablets to our customer for free. The tablet is charged with our App.
Other use, but our app, of the tablet is limited. For consumers, this tablet is a kind of IoT (Internet Of
Things) type device, which help them to fill the refrigerator, also buy other household supplies like
personal care, detergents, pet food, etc. We delivery orders within 40-60 minutes.

Start-up valuation service description

We determined pre money & post money value of start-up HOMEMARKETS based on post revenue start-up qualitative & quantitative valuation methods.

Start-up business development service description

We created business development plan of start-up HOMEMARKET, which includes:

  • Project executive summary
  • description of company background
  • determination project team and organizational structure of start-up
  • detailed description innovation technology of start-up
  • Start-up Future development strategy determination
  • Market Analysis – determination Total Addressable Market – T.A.M
  • Market Analysis – determination Serviceable Ava liable Market – S.A.M
  • Market Analysis – determination Serviceable Ava liable Market – S.O.M
  • Determination main competitors
  • Determination of future strategy of start-up development
  • determination commercialization strategy
  • determination & optimization of business model
  • determination project development plan of start-up
  • determination risk management implementation procedures
  • Determination revenue drivers 5-year financial projection P&L statements
  • Investment return analysis.
  • Calculation revenue growth rate and CAGR – Compound Annual Growth Rate for 5-year projected period.
  • Profitability analysis of 5-year financial projected P&L statements.

INSH

Inshi is an innovative technology startup that examines the driving style of drivers and assesses how safe it is for drivers to drive using TELEMATICS technology, which analyzes actions such as acceleration, sharp cornering, barking, phone consumption during driving.. The above completely allows to evaluate the driver for the distance covered.

The created mobile application is maximally simple and easy to use for the user. Registration in the user application is done through mobile phone verification. On the profile page the user enters personal information such as date of birth and address. Once the user creates a profile in the app, they have the ability to easily add a car to the profile page and enter detailed information about the car they own, such as the name of the car, who the code is.

Start-up business development service description

  • Project executive summary
  • description of company background
  • determination project team and organizational structure of start-up
  • determination co – financing strategy
  • detailed description innovation technology of start-up
  • Start-up Future development strategy determination
  • Market Analysis – determination Total Addressable Market – T.A.M
  • Market Analysis – determination Serviceable Ava liable Market – S.A.M
  • Market Analysis – determination Serviceable Ava liable Market – S.O.M
  • Determination main competitors
  • Determination of future strategy of start-up development
  • determination commercialization strategy
  • determination & optimization of business model
  • determination project development plan of start-up
  • determination risk management implementation procedures
  • Planning 5-year project budget for GITA start-up matching grants.
  • Determination subcategories amount of 5-year project budget.
  • Determination optimal allocation of operating costs and capital expenditure in 5 – year project budget.
  • Determination revenue drivers 5-year financial projection P&L statements for GITA start-up matching grants.
  • Investment return analysis.
  • Calculation revenue growth rate and CAGR – Compound Annual Growth Rate for 5-year projected period.
  • Profitability analysis of 5-year financial projected P&L statements.

Start-up valuation service description

We determined pre money & post money value of start-up INSH based on post revenue start-up qualitative & quantitative valuation methods.

INVENTORS

Start-up – INVENTORS    founded in 2019 year.

Startup INVENTORS is a new electronic space that will completely change the current processes in the automotive industry, make the market more organized, transparent, and flexible. It will simplify daily activities on the one hand for the auto parts resellers, such as major importers of car parts, distributors, sellers of used parts, car dealers, junkyards and, on the other hand, consumers: individuals, car services, small and large workshops, and auto insurance companies.

In 2019 year INVENTORS won GITA start-up matching grants with amount 100,000 GEL.

In 2020 year INVENTORS won TBC BANK Application competition with amount 30,000 GEL.

Start-up valuation service description

We determined pre money & post money value of start-up INVENTORS based on post revenue start-up qualitative & quantitative valuation methods.

IWSTEX

Wine and spirits international trade  Exchange is the first platform in the world to establish an international exchange in the wine and alcohol industry. The project aims to increase wine production in Georgia.

Stimulating development, finding new export markets, collecting trade potential of products of international wine and spirits companies through one platform and popularizing Georgian wine in international markets.

Web Page – www.iwstex.com

Start-up valuation service description

We determined pre money & post money value of start-up IWSTEX based on pre revenue start-up qualitative & quantitative valuation methods.

KOTE.GE

Innovative construction technology Start-up Kote.ge founded in 2017 year. 

Kote.ge was founded as an Architectural, design, development and production company that’s oriented in hi-tech reliable and affordable prefabricated house production.   Main goal of start-up Kote.ge is to make buoying a home available for everyone.  

Start-up business development service description

We created business development plan of start-up KOTE.GE which includes:

  • Planning 1-year project budget for GITA start-up matching grants.
  • Determination subcategories amount of 1-year project budget.
  • Determination optimal allocation of operating costs and capital expenditure in 1 – year project budget.
  • Determination revenue drivers 5-year financial projection P&L statements for GITA start-up matching grants.
  • Projection sale price and quantity products sold of cottages and other related products for upcoming 5 years.
  • Investment return analysis.
  • Calculation revenue growth rate and CAGR – Compound Annual Growth Rate for 5-year projected period.
  • Profitability analysis of 5-year financial projected P&L statements.
  • Calculation break even points for 5-year projected period.

KVALIFIKA

KVALIFIKA  is an artificial intelligence-based technology startup that offers corporate as well as small and medium-sized businesses services of customer identification, verification, document verification, and advanced electronic signature services.

KVALIFIKA  is the first Georgian startup to be included in the acceleration program of BERKELEY SKYDECK, one of the largest American educational accelerator companies located in San Francisco. Kvalifika was chosen among the top 50 companies from total applied 1700 applications. As part of the acceleration, Kvalifika received 6 months of support, which included a number of benefits. And then hit one of the world’s leading accelerators – 500 startups, where out of 15 selected startups hit the top 5 startups that made it to the finals.

Start-up valuation service description

We determined pre money & post money value of start-up KVALIFIKA based on pre revenue start-up qualitative & quantitative valuation methods.

Start-up business plan development service description

We created business development plan of start-up KVALIFIKA for 650,000 GITA matching grants which includes:

  • Project executive summary
  • description of company background
  • determination project team and organizational structure of start-up
  • determination co – financing strategy
  • detailed description innovation technology of start-up
  • Start-up Future development strategy determination
  • Market Analysis – determination Total Addressable Market – T.A.M
  • Market Analysis – determination Serviceable Ava liable Market – S.A.M
  • Market Analysis – determination Serviceable Ava liable Market – S.O.M
  • Determination main competitors
  • Determination of future strategy of start-up development
  • determination commercialization strategy
  • determination & optimization of business model
  • SWOT Analysis
  • determination project development plan of start-up
  • determination risk management implementation procedures
  • Planning 5-year project budget for GITA start-up matching grants.
  • Determination subcategories amount of 5-year project budget.
  • Determination optimal allocation of operating costs and capital expenditure in 2 – year project budget.
  • Determination revenue drivers 5-year financial projection P&L statements for GITA start-up matching grants.
  • Investment return analysis.
  • Calculation revenue growth rate and CAGR – Compound Annual Growth Rate for 5-year projected period.
  • Profitability analysis of 5-year financial projected P&L statements.

LAVENDERS

Startup LAVENDERS is an innovative technology startup that combines social networking and ecommerce.
Using the app,

users upload various products for sale according to the rating, which makes it easier for
app users to find the product they want. When users have not logged in to the app or users have not been
tracked by other users, the products for sale in the app are sorted by rating. When a user has logged in to
an in-app application and also has other users logged in, then the customer is displayed by himself /
herself and the products of the logged in users are sorted by rating.


On the search page the customer has the opportunity to find the products he wants. Products on the
search page are sorted by date. New products added to the search box are located at the top, allowing the
user to see new products added to the app in the search field on a daily basis. Customers have the ability
to filter product categories by using categories, keywords and tags.

Start-up business development service description

  • Project executive summary
  • description of company background
  • determination project team and organizational structure of start-up
  • determination co – financing strategy
  • detailed description innovation technology of start-up
  • Start-up Future development strategy determination
  • Market Analysis – determination Total Addressable Market – T.A.M
  • Market Analysis – determination Serviceable Ava liable Market – S.A.M
  • Market Analysis – determination Serviceable Ava liable Market – S.O.M
  • Determination main competitors
  • Determination of future strategy of start-up development
  • determination commercialization strategy
  • determination & optimization of business model
  • determination project development plan of start-up
  • determination risk management implementation procedures
  • Planning 5-year project budget for GITA start-up matching grants.
  • Determination subcategories amount of 5-year project budget.
  • Determination optimal allocation of operating costs and capital expenditure in 5 – year project budget.
  • Determination revenue drivers 5-year financial projection P&L statements for GITA start-up matching grants.
  • Investment return analysis.
  • Calculation revenue growth rate and CAGR – Compound Annual Growth Rate for 5-year projected period.
  • Profitability analysis of 5-year financial projected P&L statements.

Start-up valuation service description

We determined pre money & post money value of start-up LAVENDERS based on post revenue start-up qualitative & quantitative valuation methods.

LOCALS

innovative tech start-up – “locals” is combination of tourism platform, news streaming platform and influence platform.

Multilingual online platform will include website and app about Georgia covering all the country connecting tourists and service providers and helping to find best places around the country in-clouding: hotels, restaurants, bars, clubs, shopping, sightseeing and historic heritage, museums, local heroes, etc.   The service would help local and foreign travelers to navigate the country from popular and famous  destinations to upcoming hotspots and remote locations, finding rare gems of Georgian nature and history, getting to know the country and be able to get best service in any place or on the way to their destination.  

Start-up valuation service description

We determined pre money & post money value of start-up Locals based on pre revenue start-up qualitative & quantitative valuation methods.

Web Page  www.thelocals.ge

Start-up business development service description

We created business development plan of start-up LOCALS for 650,000 GITA matching grants which includes:

  • Project executive summary
  • description of company background
  • determination project team and organizational structure of start-up
  • determination co – financing strategy
  • detailed description innovation technology of start-up
  • Start-up Future development strategy determination
  • Market Analysis – determination Total Addressable Market – T.A.M
  • Market Analysis – determination Serviceable Ava liable Market – S.A.M
  • Market Analysis – determination Serviceable Ava liable Market – S.O.M
  • Determination main competitors
  • Determination of future strategy of start-up development
  • determination commercialization strategy
  • determination & optimization of business model
  • SWOT Analysis
  • determination project development plan of start-up
  • determination risk management implementation procedures
  • Planning 5-year project budget for GITA start-up matching grants.
  • Determination subcategories amount of 5-year project budget.
  • Determination optimal allocation of operating costs and capital expenditure in 2 – year project budget.
  • Determination revenue drivers 5-year financial projection P&L statements for GITA start-up matching grants.
  • Investment return analysis.
  • Calculation revenue growth rate and CAGR – Compound Annual Growth Rate for 5-year projected period.
  • Profitability analysis of 5-year financial projected P&L statements.

LOCKSPOT

start-up LockSpot founded in October 2018 .

  start-up LockSpot aims to create centralized system for identifying lockers locations worldwide.   LockSpot main goal is to create user oriented web-platform which will help travelers in the future to identify desired luggage locker location and choose the shortest route.

Start-up pitch deck presentation service description

We created pitch deck presentation of start-up LockSpot, which includes :

  • Problem determination for Lockers industry
  • Competitive Advantages Analysis.
  • Market Research of locker sector.
  • T.A.M -Total addressable market size analysis.
  • S.A.M – serviceable available market analysis.
  • S.O.M – serviceable obtainable market analysis.
  • Construction business model.
  • Correlation analysis between lockers users and tourists.
  • Determination management team and organizational structure.
  • Construction financial models with sensitivity analysis.

Start-up valuation service description

We determined pre money & post money value of start-up LockSpot based on pre revenue start-up qualitative & quantitative valuation methods.

MANDARINI

Mission of Mandarini is to build an ecosystem that will significantly enhance popularization and adoption of Georgian culinary culture and national products, making them part of foreign customer’s kitchens. Main focus of our platform is to satisfy foreign customers’ curiosity and keep them involved in our fast growing community by providing them interesting content, comprehensive information and opportunity to experience Georgian cuisine themselves at home. Platform with powerful influencing features will be an efficient way to provide to Georgian producers a large client base from abroad and alongside give customers the opportunity to experience Georgian cuisine themselves at home, cook with guaranteed fresh product of high quality.

Georgian culture and products are already very popular in CIS, but through our experience and communication to our customers, we realized that one of main reasons why customers abstain from buying Georgian products is that they doubt authenticity and quality of prodacts, they are not sure how to use them in the kitchen and where to find all necessary ingredients needed to cook wanted dish.

Web Page https://mandarinishop.com/

Start-up valuation service description

We determined pre money & post money value of start-up MANDARINI based on post revenue start-up qualitative & quantitative valuation methods.

Start-up business development service description

We created business development plan of start-up MANDARINI for 650,000 GITA matching grants which includes:

  • Project executive summary
  • description of company background
  • determination project team and organizational structure of start-up
  • determination co – financing strategy
  • detailed description innovation technology of start-up
  • Start-up Future development strategy determination
  • Market Analysis – determination Total Addressable Market – T.A.M
  • Market Analysis – determination Serviceable Ava liable Market – S.A.M
  • Market Analysis – determination Serviceable Ava liable Market – S.O.M
  • Determination main competitors
  • Determination of future strategy of start-up development
  • determination commercialization strategy
  • determination & optimization of business model
  • SWOT Analysis
  • determination project development plan of start-up
  • determination risk management implementation procedures
  • Planning 5-year project budget for GITA start-up matching grants.
  • Determination subcategories amount of 5-year project budget.
  • Determination optimal allocation of operating costs and capital expenditure in 2 – year project budget.
  • Determination revenue drivers 5-year financial projection P&L statements for GITA start-up matching grants.
  • Investment return analysis.
  • Calculation revenue growth rate and CAGR – Compound Annual Growth Rate for 5-year projected period.
  • Profitability analysis of 5-year financial projected P&L statements.

MARATHON RUN

start-up  mobile application –  Marathon Run founded in 2017 year.

 Marathon Run is an innovative fitness application, which  gives customers a financial reward in exchange for each covered kilometer.

Marathon Run offers similar features as offered other fitness mobile applications:

  • Hidden distance features.
  •  Burned calories features.
  •  Average speed tracking features.

The uniqueness of the Marathon Run mobile application lies in these two main features:

  • individual challenge.
  • Marathon Run – which allows users to earn money based on distance the cover.

Start-up valuation service description

We determined pre money & post money value of start-up MARATHON RUN     based on post revenue start-up qualitative & quantitative valuation methods.  

MARTIVI LOGIKA

MARTIVI LOGIKA is one of the most popular games in Georgia. It has around 700k downloads and it is the best result for Georgia. The game even has more downloads than “Candy Crush” in Georgia.

Start-up valuation service description

We determined pre money & post money value of game MARTIVI LOGIKA    based on post revenue start-up qualitative & quantitative valuation methods.  

METRO PRODUCTION

Metrolab is an innovative technology startup that aims to create a universal web platform by integrating artificial intelligence, which will create video lectures for people interested in various fields of the film and advertising industry, their fields of audio-visual arts and marketing.

Anyone interested in the platform will be able to watch a lecture written by a competent speaker on a topic of their choice after registering. Also, through the fixation of one’s own interests and the artificial intelligence algorithm, a unique lecture course tailored to it will be created.

Innovative technological startup Metrolab is initiated by the company Metro Production. Metro Production has been operating in the advertising market for 10 years, with many commercials, movies and music videos on its account. To date, it is already positioned in the world market and consists of a production team staffed by international standards. The company partners with the largest companies in Georgia and abroad, the list of projects made for the international market includes such brands as: S7, Toyota, Megafon, KFC, Ingostrakkh, Bonaqua, Baltika, Bonpar, Nike, Apple, Association of Diamonds and others.

Start-up valuation service description

We determined pre money & post money value of start-up METROLAB    based on post revenue start-up qualitative & quantitative valuation methods.

Start-up business development service description

We created business development plan of start-up METROLAB, which includes:

  • Project executive summary
  • description of company background
  • determination project team and organizational structure of start-up
  • detailed description innovation technology of start-up
  • Start-up Future development strategy determination
  • Market Analysis – determination Total Addressable Market – T.A.M
  • Market Analysis – determination Serviceable Ava liable Market – S.A.M
  • Market Analysis – determination Serviceable Ava liable Market – S.O.M
  • Determination main competitors
  • Determination of future strategy of start-up development
  • determination commercialization strategy
  • determination & optimization of business model
  • determination project development plan of start-up
  • determination risk management implementation procedures
  • Determination revenue drivers 5-year financial projection P&L statements
  • Investment return analysis.
  • Calculation revenue growth rate and CAGR – Compound Annual Growth Rate for 5-year projected period.
  • Profitability analysis of 5-year financial projected P&L statements.

MODEFY WORLD

MODEFY WORLD is an innovative, blockchain technology-based platform, which creates the world’s first “trust zone” in order to conduct protected and guaranteed deals to protect customers from the fraud or low-quality service. It offers both retail and corporate clients to find all services in one space, where result is guaranteed with insurance policy, smart contract, DAO and DApps systems.

Start-up valuation service description

We determined pre money & post money value of start-up MODEFY WORLD    based on pre revenue start-up qualitative & quantitative valuation methods.

Start-up business development service description

We created business development plan of start-up MODEFY WORLD, which includes:

  • Project executive summary
  • description of company background
  • determination project team and organizational structure of start-up
  • detailed description innovation technology of start-up
  • Start-up Future development strategy determination
  • Market Analysis – determination Total Addressable Market – T.A.M
  • Market Analysis – determination Serviceable Ava liable Market – S.A.M
  • Market Analysis – determination Serviceable Ava liable Market – S.O.M
  • Determination main competitors
  • Determination of future strategy of start-up development
  • determination commercialization strategy
  • determination & optimization of business model
  • determination project development plan of start-up
  • determination risk management implementation procedures
  • Determination revenue drivers 5-year financial projection P&L statements
  • Investment return analysis.
  • Calculation revenue growth rate and CAGR – Compound Annual Growth Rate for 5-year projected period.
  • Profitability analysis of 5-year financial projected P&L statements.

MOSTAT

“Alien Green” LTD, which produce -MOSTAT – Smart thermostat device founded in 13 July 2016. MOSTAT is a high-tech hardware product (WI-FI thermostat for individual heating system boilers).

MOSTAT offers following advantages as thermostat for users:

  • Natural gas consumption savings up to 39 %.
  • Remote control.
  • Usage reporting and results.
  • Simple installation.

In 2017 year MOSTAT won GITA start-up matching grants with amount 100,000 GEL.

Start-up valuation service description

We determined pre money & post money value of start-up MOSTAT    based on post revenue start-up qualitative & quantitative valuation methods.  

Museum Of Recipes

Digital museum of the recipe is the first innovative start-up in the world, which planning to create a place for cuisine and food lovers, where they can create new dishes based on AI/ ML technology, create a customized recipes with customized species. create virtual masterclass using VR technology.

Digital museum of recipe will offer the following innovative revolutionize features:

  • AI / ML-powered recipe creation features – our innovative mobile application with AI / ML-powered algorithms allow each user to create their customized own recipe based different variables, such as their physical and social activity, likes, smell, and others.
  • VR enabled museums of a recipe – founders of digital museum of recipe founded first museums of a recipe in the world, where every cuisine interested person can attend on a masterclass. Where they can observe different recipes, purchase handmade spy recipe. Now our team planning to digitalize museum recipes and allows each user from each country to attend on the recipe of the museum using VR technology.
  • Customer tailored SPY RECIPE – every user of our innovative platform – SPY AI can create own species, which will be used their customed recipe.

Start-up valuation service description

We determined pre money & post money value of start-up Museum Of Receipe  based on pre revenue start-up qualitative & quantitative valuation methods.   

Start-up business development service description

We created business development plan of start-up Museum Of Receipes, which includes:

  • Project executive summary
  • description of company background
  • determination project team and organizational structure of start-up
  • detailed description innovation technology of start-up
  • Start-up Future development strategy determination
  • Market Analysis – determination Total Addressable Market – T.A.M
  • Market Analysis – determination Serviceable Ava liable Market – S.A.M
  • Market Analysis – determination Serviceable Ava liable Market – S.O.M
  • Determination main competitors
  • Determination of future strategy of start-up development
  • determination commercialization strategy
  • determination & optimization of business model
  • determination project development plan of start-up
  • determination risk management implementation procedures
  • Determination revenue drivers 5-year financial projection P&L statements
  • Investment return analysis.
  • Calculation revenue growth rate and CAGR – Compound Annual Growth Rate for 5-year projected period.
  • Profitability analysis of 5-year financial projected P&L statements.

MYNANY

MYNANY  is an online platform that gives parents easy access to high-quality and convenient childcare on-demand.

In 2020 year MYNANY won GITA 100 K matching grant.

Start-up business development service description

we determined traction analysis and company description for GITA 650 K matching grants

NINIMO

NINIMO  has been actively appearing on the Georgian market since 2017. It is a Georgian handmade shoe brand, which is now the first vegan brand of Georgian shoes.

NINIMO is an innovative shoe startup that creates vegan shoes that do not use genuine leather and the basic materials of the shoes are tapestry, paper, natural wood, high quality polyester, artificial leather, wool, cotton, reef and canvas. Each of the “Ninimo” shoes is made by hand and no machine is used to create it.

Start-up valuation service description

We determined pre money & post money value of start-up NINIMO  based on pre revenue start-up qualitative & quantitative valuation methods. 

Start-up business development service description

We created business development plan of start-up METROLAB, which includes:

  • Project executive summary
  • description of company background
  • determination project team and organizational structure of start-up
  • detailed description innovation technology of start-up
  • Start-up Future development strategy determination
  • Market Analysis – determination Total Addressable Market – T.A.M
  • Market Analysis – determination Serviceable Ava liable Market – S.A.M
  • Market Analysis – determination Serviceable Ava liable Market – S.O.M
  • Determination main competitors
  • Determination of future strategy of start-up development
  • determination commercialization strategy
  • determination & optimization of business model
  • determination project development plan of start-up
  • determination risk management implementation procedures
  • Determination revenue drivers 5-year financial projection P&L statements
  • Investment return analysis.
  • Calculation revenue growth rate and CAGR – Compound Annual Growth Rate for 5-year projected period.
  • Profitability analysis of 5-year financial projected P&L statements.

OWNESTATE

OwnEstate has been involved in investment-type real estate sales for 1.5 year. In Georgia there is a special demand for service apartments in Batumi, especially from foreigners and Georgian emigrants. OwnEstate has partnered with several local developers such as Alliance Group and Elt Building. With our help, 15 service apartments were sold to Georgian emigrants living in Western Europe. Our experience has shown us that many emigrants are not going to return to Georgia, it is just important for them to invest in real estate and get a return.

The investor base, which we got after 18 months of intensive work, allowed us to experiment with offering a tool for fractional (equity) owners. In the first quarter of 2021 we launched a campaign to attract new money.

As part of the campaign, in order to be able to manage the financing of dozens of retail investors, we created an independent LLC on whose balance we contributed the accumulated initial capital and in return we gave the mentioned investors a share in proportion to their investment.

With the collected 350K USD, the mentioned company financed the residential real estate project together with the partner development company ‘Neocon’.

Start-up valuation service description

We determined pre money & post money value of start-up OWNESTATE  based on post revenue start-up qualitative & quantitative valuation methods. 

Start-up business development service description

  • Project executive summary
  • description of company background
  • determination project team and organizational structure of start-up
  • determination co – financing strategy
  • detailed description innovation technology of start-up
  • Start-up Future development strategy determination
  • Market Analysis – determination Total Addressable Market – T.A.M
  • Market Analysis – determination Serviceable Ava liable Market – S.A.M
  • Market Analysis – determination Serviceable Ava liable Market – S.O.M
  • Determination main competitors
  • Determination of future strategy of start-up development
  • determination commercialization strategy
  • determination & optimization of business model
  • determination project development plan of start-up
  • determination risk management implementation procedures
  • Planning 5-year project budget for GITA start-up matching grants.
  • Determination subcategories amount of 5-year project budget.
  • Determination optimal allocation of operating costs and capital expenditure in 5 – year project budget.
  • Determination revenue drivers 5-year financial projection P&L statements for GITA start-up matching grants.
  • Investment return analysis.
  • Calculation revenue growth rate and CAGR – Compound Annual Growth Rate for 5-year projected period.
  • Profitability analysis of 5-year financial projected P&L statements.

PAYZE

PAYZE is a tech-enabled API based payment gateway which instantly onboards online merchants and provides online marketplaces capability to define any number of relevant split schemes. PAYZE provides environment for online marketplaces to define payment split schemes once and never again worry about additional accounting or risks with taxes. This “automated ecosystem” enables marketplaces to scale their products without worrying about settlement between all actors on their platforms nor checks from relevant tax authorities.

In 2020 year PAYZE won SEEDSTARS TBILISI competition.

  • Web Page – www.payze.io
  • Facebook Page – https://www.facebook.com/payzegeo

Start-up valuation service description

We determined pre money & post money value of start-up PAYZE  based on pre revenue start-up qualitative & quantitative valuation methods. 

PBM SOFT

PBM SOFT is an innovative technology company that implements  innovative solutions in the medical sector. The goal of PBM SOFT is to increase the efficiency of sales managers employed in the pharmaceutical companies.  PBM SOFT program helps sales managers employed in the pharmaceutical companies plan visits with physicians.

company PBM SOFT was officially established on March 6, 2019.

The idea emerged in January 2018. Prior to the official founding of the company, the founders of the company had the idea to create a management program for sales agents (later medical representatives) of pharmaceutical companies, which would allow companies to increase the efficiency of representatives, and improve their working environment.

Web Page www.pbm.ge  

Start-up valuation service description

We determined pre money & post money value of start-up PBM SOFT   based on post revenue start-up qualitative & quantitative valuation methods. 

Start-up business development service description

We created business development plan of PBM SOFFT, which includes:

  • Project executive summary
  • description of company background
  • the determination project team and organizational structure of start-up
  • determination co-financing strategy
  • detailed description innovation technology of start-up
  • Start-up Future development strategy determination
  • Market Analysis – determination Total Addressable Market – T.A.M
  • Market Analysis – determination Serviceable Ava liable Market – S.A.M
  • Market Analysis – determination Serviceable Ava liable Market – S.O.M
  • Determination main competitors
  • Determination of future strategy of start-up development
  • determination commercialization strategy
  • determination & optimization of business model
  • determination project development plan of a start-up
  • determination risk management implementation procedures
  • Planning a 5-year project budget for GITA start-up matching grants.
  • Determination subcategories amount of 5-year project budget.
  • Determination of optimal allocation of operating costs and capital expenditure in 5 – year project budget.
  • Determination of revenue drivers 5-year financial projection P&L statements for GITA start-up matching grants.
  • Investment return analysis.
  • Calculation revenue growth rate and CAGR – Compound Annual Growth Rate for the 5-year projected period.
  • Profitability analysis of 5-year financial projected P&L statements.

QANDLE

Qandle is a marketplace of online lectures for adult learners.

In 2020 year QANDLE won 3rd place on SEEDSTARS TBILISI competition.

Web Page – www.qandle.ge

Facebook Page – https://www.facebook.com/qandle.us

Start-up Business development service description

We advised to start-up QANDLE in process of creation GITA matching grants business plan.

QUIPS

Quips is on-demand courier service app that was launched on 29 September 2020 in Georgia. App has multi-categories out of which food delivery is the most popular category. Currently, Quiqs successfully works on B2B model and established business relations with 15 local HORECA companies that mostly include restaurants, bar, and cafes that need cheap and efficient food delivery service to their customers.

Start-up business development service description

We created business development plan of start-up QUIPS for 100,000 GITA matching grants which includes:

  • Project executive summary
  • description of company background
  • determination project team and organizational structure of start-up
  • determination co – financing strategy
  • detailed description innovation technology of start-up
  • Start-up Future development strategy determination
  • Market Analysis – determination Total Addressable Market – T.A.M
  • Market Analysis – determination Serviceable Ava liable Market – S.A.M
  • Market Analysis – determination Serviceable Ava liable Market – S.O.M
  • Determination main competitors
  • Determination of future strategy of start-up development
  • determination commercialization strategy
  • determination & optimization of business model
  • determination project development plan of start-up
  • determination risk management implementation procedures
  • Planning 5-year project budget for GITA start-up matching grants.
  • Determination subcategories amount of 5-year project budget.
  • Determination revenue drivers 5-year financial projection P&L statements for GITA start-up matching grants.
  • Calculation revenue growth rate and CAGR – Compound Annual Growth Rate for 5-year projected period.
  • Profitability analysis of 5-year financial projected P&L statements.

RAVEN

First Georgian VTOL start-up RAVEN founded in 2019 year.

RAVEN proposes the development of innovative multifunctional VTOL (Vertical Takeoff and landing) manned/unmanned aerial vehicle.

The first prototype will be full electric, zero emission lightweight aerial vehicle which uses modern large brushless electric motors and propellers to produce thrust. It will also incorporate inflatable wing and obstacle avoidance system. Such aerial vehicle will be able to lift considerable amount of weight (100+) or one pilot. Both unmanned and piloted aircraft will have high maneuverability, good redundancy, high speed, long range, high safety and productivity. Every component of the proposed vehicle has already been extensively tested and represents off the shelf, proven technology which needs to be fine-tuned and integrated into a final product to achieve the effective and optimized low cost flight.

The goal of company is to design, develop and commercialize different modular autonomous aerial platforms for multiple purposes.

In 2019-year RAVEN won GITA start-up matching grants with amount 100,000 GEL.

Scrollex  is a business networking app to design, share and search official business cards.

RINGO

Ringo cares about the city and offers ecological product – leather/or non leather handmade colorful purses proudly designed in Georgia.The bag includes 15 biodegradable dog poop bags

Start-up business development service description

  • Project executive summary
  • description of company background
  • determination project team and organizational structure of start-up
  • determination co – financing strategy
  • detailed description innovation technology of start-up
  • Start-up Future development strategy determination
  • Market Analysis – determination Total Addressable Market – T.A.M
  • Market Analysis – determination Serviceable Ava liable Market – S.A.M
  • Market Analysis – determination Serviceable Ava liable Market – S.O.M
  • Determination main competitors
  • Determination of future strategy of start-up development
  • determination commercialization strategy
  • determination & optimization of business model
  • determination project development plan of start-up
  • determination risk management implementation procedures
  • Planning 5-year project budget for GITA start-up matching grants.
  • Determination subcategories amount of 5-year project budget.
  • Determination optimal allocation of operating costs and capital expenditure in 5 – year project budget.
  • Determination revenue drivers 5-year financial projection P&L statements for GITA start-up matching grants.
  • Investment return analysis.
  • Calculation revenue growth rate and CAGR – Compound Annual Growth Rate for 5-year projected period.
  • Profitability analysis of 5-year financial projected P&L statements.

SHOPPING ASSISTENT

shopping assistnet is advertsing platform for discounts.

Today offline stores while advertising their products digitally, expect 3 main .First result, customer will view their advertisement, second result customer will get interested the advertisement And if they are lucky enough customer will actually purchase their products, And if they are not lucky and customer didn’t purchase anything they still have to pay marketing fees which is terrible and we are here to fix that In addition to letting store pay per result, to increase efficiency we also send personalized offers to retails store customers based on their physical shopping history and give them option to send feedback to stores let them know what they actually need and expect from them.Basically this allows us to increase efficiency and relatively decrease marketing cost for retails companies.

Start-up business development service description

  • preparation FMCG market research
  • determination total addressable market – T.A.M
  • determination serviceable available market – S.A.M
  • determination serviceable obtainable market – S.O.M
  • preparation 5 year financial model

SIGNIFY

Signify is the first electronic signature platform in Georgia, which integrates all the processes related to the electronic signature of a document in one space. It significantly speeds up business processes, simplifies the document signing process and saves time and resources.

Georgian company RockIT. worked on the creation of Signify by actively cooperating with British partners and sharing Western experience . It was founded in 2021 and is NGT Group’s subsidiary. NGT is a multi-profile IT company with 13 years of experience, employing more than 70 professionals and offering its clients a full range of services and business solutions using top of the line technology.

Start-up Business development service description

We advised to start-up SIGNIFY in process of creation GITA matching grants business plan,which includes following :

SLICEIT

Slice it creates an opportunity to connect the gourmet and the cook together, resulting in the dish being delivered from house to house.

Start-up valuation service description

We determined pre money & post money value of start-up SLICEIT based on pre revenue start-up qualitative & quantitative valuation methods.

SPACE

Start-up – SPACE    founded in 2019 year.

SPACE is the innovative E- commerce start – up which will provide B2B & B2C E- commerce services to users making purchasing and selling various products based on cryptocurrencies. Founders of SPACE having ambitious plans to become first E-Commerce platform in the world, which will provide B2C&B2B clients making purchase and selling transaction based on cryptocurrencies.

Facebook Page –   https://www.facebook.com/Aladin-115581613223877/

Start-up valuation service description

We determined pre money & post money value of start-up SPACE based on pre revenue start-up qualitative & quantitative valuation methods.

Start-up business plan development service description

We created business development plan of start-up SPACE which includes:

  • Executive summary & mission statement.
  • Web & mobile application infrasturcture.
  • description unique product & services.
  • description innovation functions & features.
  • creation business model.
  • Go to market strategy.
  • marketing plan.
  • organizational structure.
  • E-comerce market analysis.
  • Cryptocurency market analysis.
  • determination total adressable market – T.A.M
  • determination servicable avaliable market – S.A.M
  • determination servicable obtainable market – S.O.M
  • Risk analysis.
  • SWOT analysis.
  • 5 year financial modelling.
  • ROI & IRR analysis.

SKY LAWYER

Start-up SKY LAWYER The Company was founded in 2018 by practicing lawyers – Tornike Revishvili and Archil Tsertsvadze.

SKY LAWYER is an innovative, tech-driven law firm offering high quality, distant legal services to air passengers in cases of flight disruption by the airlines, lost/delayed/damaged luggage and other types of passengers’ right violation.

Start-up valuation service description

We determined pre money & post money value of start-up SKY LAWYER  based on pre revenue start-up qualitative & quantitative valuation methods.

Start-up business development service description

We created business development plan of start-up SKY LAWYER for 650,000 GITA matching grants which includes:

  • Project executive summary
  • description of company background
  • determination project team and organizational structure of start-up
  • determination co – financing strategy
  • detailed description innovation technology of start-up
  • Start-up Future development strategy determination
  • Market Analysis – determination Total Addressable Market – T.A.M
  • Market Analysis – determination Serviceable Ava liable Market – S.A.M
  • Market Analysis – determination Serviceable Ava liable Market – S.O.M
  • Determination main competitors
  • Determination of future strategy of start-up development
  • determination commercialization strategy
  • determination & optimization of business model
  • SWOT Analysis
  • determination project development plan of start-up
  • determination risk management implementation procedures
  • Planning 5-year project budget for GITA start-up matching grants.
  • Determination subcategories amount of 5-year project budget.
  • Determination optimal allocation of operating costs and capital expenditure in 2 – year project budget.
  • Determination revenue drivers 5-year financial projection P&L statements for GITA start-up matching grants.
  • Investment return analysis.
  • Calculation revenue growth rate and CAGR – Compound Annual Growth Rate for 5-year projected period.
  • Profitability analysis of 5-year financial projected P&L statements.

SMART WEB

Innovative startup MyHealth is initiated by the company Smart Web.

Myhealth is an innovative technology startup that allows customers to access a variety of medical services, including producing their own health history and sharing it with their doctor if needed. It is also possible to upload, title and edit laboratory and instrumental research responses, such as uploading / saving existing research.

Web Page www.smartweb.ge

Facebook Page https://www.facebook.com/smartweb.ge

Start-up valuation service description

We determined pre money & post money value of start-up MYHEALTH  based on pre revenue start-up qualitative & quantitative valuation methods.

SOLIDARITY

Solidarity platform unites people or groups of people, who want to help those affected by circumstances caused by COVID-19 pandemic.

SOLIDARITY platform enables people in need to describe their situation and particular necessities to place this information on a platform through which different people, groups or organizations will be able identify them and provide assistance accordingly.

Start-up valuation service description

We determined pre money & post money value of start-up SOLIDARITY  based on pre revenue start-up qualitative & quantitative valuation methods. 

SPY RECEIPE

Spice pre-mixes for traditional food, packed in well-designed      Eco-friendly box, with recipes in 3 languages

SPY spices are a low-involvement product as the consumer does not need to think too much before purchasing. Their satisfaction level is measured depending on their reviews and feedback on social media.

In 2018-year SPY RECEIPE won GITA start-up matching grants with amount 100,000 GEL.

Facebook Page – https://www.facebook.com/Spyrecipe/

Start-up valuation service description

We determined pre money & post money value of start-up SPY RECEIPE   based on pre revenue start-up qualitative & quantitative valuation methods.   

STACK

First Georgian web browser start-up STACK founded in June 2018.

Stack is a next-generation INTERNET Launchpad that makes web application multitasking easier by allowing simultaneous use of multiple Apps within a clean and organized working environment and immersive split-screen view.

STACK plans to become first Georgian unicorn.  Start-up stack has following awards – TechCrunch Top Pick of Disrupt Berlin 2018, Y   Combinator Startup School Graduate – Class 2017.

In 2019-year STACK won GITA start-up matching grants with amount 100,000 GEL.

Start-up valuation service description

We determined pre money & post money value of start-up STACK   based on pre revenue start-up qualitative & quantitative valuation methods.   

Based on INVESTO start-up valuation service STACK   raised its first institutional investment – 1 million euros.
After multiple rounds of a tough selection process, STACK got selected among the top 5 startups from 930+ to be accelerated by 360 lab Accelerator in Graz, Austria.

STYX

First Georgian logistic Start-Up  STYX  founded in 2016 .   STYX is a tech-enabled logistic  company that aims to make everyone who decides to move cargo worldwide become more effective. STYX provides a tool for carriers to boost efficiency – TMS and creates new standard of carrier deliver STYX standard to shippers via commission-based online marketplace (SAAS platform).

Start-Up STYX has following awards :

  • In 2016 year STYX won Start-Up Georgia Grants with amount 100,000 GEL.
  • In 2018 year STYX won GITA start-up matching grants with amount 100,000 GEL.
  • In 2018 year STACK won international start-up competition SeadStars.

Start-Up Valuation Service Description

  • We determined pre money & post money value of start-up STYX    based on pre revenue start-up qualitative & quantitative valuation methods.   
  • We helped start-up  STYX to construct investment offer at SERIES A investment round.

TENDERERO

Tenderero is an “On-Demand” marketplace for custom builds and bespoke fabrications that connects customers to the service providers like “Fiverr.com”. While “Fiverr” is built for digital services that can be supplied remotely, we focus on the physical production of the custom objects. Categories provided on Our platform includes a variety of Architectural, Design and Art services such as:  woodworks, steelworks, custom furniture, textile & leather, architectural fabrications, crafts & gifts, commercial signage, promotional builds, sculptural fabrications, art projects, etc.

Web Page – https://tenderero.com/

Start-Up Valuation Service Description

We determined pre money & post money value of start-up TENDERERO   based on pre revenue start-up qualitative & quantitative valuation methods. 

TENE

Start-Up TENE established in 2017 year.

Start-Up TENE is the first Georgian USB cable based on innovative, eco-friendly technologies. TENE will position the company in the global market and Ginventor will be the first company in Georgia to create eco-friendly USB cable based on eco-technologies, which is of utmost importance to the customers. Ginventor plans to start the cable production in Georgia, program it with innovative system providing for the safety and long life of the batteries (of the smarthphones and other gadgets charged by the cable), as well as to recycle and use recycled materials in the cable production and in doing so contribute to measures aimed at the protection of the environment.

Start-up business development service description

We created business development plan of start-up TENE for 650,000 GITA matching grants which includes:

  • Project executive summary
  • description of company background
  • determination project team and organizational structure of start-up
  • determination co – financing strategy
  • detailed description innovation technology of start-up
  • Start-up Future development strategy determination
  • Market Analysis – determination Total Addressable Market – T.A.M
  • Market Analysis – determination Serviceable Ava liable Market – S.A.M
  • Market Analysis – determination Serviceable Ava liable Market – S.O.M
  • Determination main competitors
  • Determination of future strategy of start-up development
  • determination commercialization strategy
  • determination & optimization of business model
  • SWOT Analysis
  • determination project development plan of start-up
  • determination risk management implementation procedures
  • Planning 2-year project budget for GITA start-up matching grants.
  • Determination subcategories amount of 2-year project budget.
  • Determination optimal allocation of operating costs and capital expenditure in 2 – year project budget.
  • Determination revenue drivers 5-year financial projection P&L statements for GITA start-up matching grants.
  • Projection sale price and quantity products sold of products and other related products for upcoming 5 years.
  • Investment return analysis.
  • Calculation revenue growth rate and CAGR – Compound Annual Growth Rate for 5-year projected period.
  • Profitability analysis of 5-year financial projected P&L statements.

TRANSLATEWORLD

The translateworld is an innovative web and mobile application that connects interpreters and translation service users. TRANSLATEWORLD is an innovative platform that will be compatible with all technological devices that connect translators and those who want translation services. The concept of the SAAS platform involves the creation of a platform targeted at the retail and corporate segments.

Start-up valuation service description

We determined pre money & post money value of start-up TRAVEL GUIDE App based on pre revenue start-up qualitative & quantitative valuation methods.

Start-up business development service description

We created a business development plan of start-up TRANSLATEWORLD for 650,000 GITA matching grants which include:

  • Project executive summary
  • description of company background
  • determination project team and organizational structure of start-up
  • determination co – financing strategy
  • detailed description innovation technology of start-up
  • Start-up Future development strategy determination
  • Market Analysis – determination Total Addressable Market – T.A.M
  • Market Analysis – determination Serviceable Ava liable Market – S.A.M
  • Market Analysis – determination Serviceable Ava liable Market – S.O.M
  • Determination main competitors
  • Determination of future strategy of start-up development
  • determination commercialization strategy
  • determination & optimization of business model
  • SWOT Analysis
  • determination project development plan of start-up
  • determination risk management implementation procedures
  • Planning 2-year project budget for GITA start-up matching grants.
  • Determination subcategories amount of 2-year project budget.
  • Determination optimal allocation of operating costs and capital expenditure in 2 – year project budget.
  • Determination revenue drivers 5-year financial projection P&L statements for GITA start-up matching grants.
  • Investment return analysis.
  • Calculation revenue growth rate and CAGR – Compound Annual Growth Rate for 5-year projected period.
  • Profitability analysis of 5-year financial projected P&L statements.

TRANSPORTIT

Transporit was found in 2018 year.

Transportit is a logistic tech company,which connect cargo drivers to customers

Transportit is tha App that allows customers to get the order without third party companies, this will save customers time and will help theem to increase the income.

Web Page – http://www.transportit.ge/en/

Investment Advisory service description

we provide investment advisory services for future development of start-up TRANSPORTIT.

TRAVEL GUIDE

Start-up Travel Guide App founded in 2017 year.

The Travel Guide app aims to fill in an information gap for visitors to important landmarks. Travel Guide App’s specialized audio files provide accessible and informative content about historical sites, museums, points of interest, and featured tour routes. Travel Guide App’s content is easily accessed through a state-of-the-art interface and can be GPS enabled to provide alerts if user is near a featured site. The content includes information files in Georgian, English, and Russian, as well as audio recordings of local artists, poets, and vocal ensembles.

Start-up valuation service description

We determined pre money & post money value of start-up TRAVEL GUIDE App based on pre revenue start-up qualitative & quantitative valuation methods.

TRIPIFY.CO

Start-up Tripify. founded in 2018 year. Start-up tripify’s web and mobile application is innovative, cheap and comfortable way of trip planning and money & time estimation.

In 2018 year start-up Tripify won 3rd place in hospitality & travel industry international competition – Welcome Challenge , where received prize  10,000 GEL .

Start-up pitch deck presentation service description

We created pitch deck presentation of start-up TRIPIFY, which includes :

  • Problem determination for trip planning.
  • Competitive Advantages Analysis.
  • Market Research of trip planning and tourism sector.
  • T.A.M -Total addressable market size analysis.
  • S.A.M – serviceable available market analysis.
  • S.O.M – serviceable obtainable market analysis.
  • Construction business model.
  • Correlation analysis between internet users and international tourists.
  • Determination management team and organizational structure.
  • Construction financial models with sensitivity analysis.

Start-up valuation service description

We determined pre money & post money value of start-up TRIPIFY based on pre revenue start-up qualitative & quantitative valuation methods.

TTM GROUP

Start-up TTM – Total Traffic Management Group   founded in 2018 year.

With innovative technologies and solutions main goal of start-up TTM Group is to improve road safety in worldwide.  TTM Group produces   automatic speed limiter –  device, which automatically limit vehicle speed.

In 2019 year TTM GROUP   won GITA start-up matching grants with amount 100,000 GEL.

Start-up business development service description

We created business development plan of start-up TTM GROUP, which includes:

  • Analysis and audit 1-year project budget for GITA start-up matching grants.
  • Adjusting and analysis subcategories amount of 1-year project budget.
  • Determination optimal allocation of operating costs and capital expenditure in 1 – year project budget
  • Determination revenue drivers 5-year financial projection P&L statements for GITA start-up matching grants.
  • Projection sale price and quantity products sold for upcoming 5 years.
  • Investment return analysis.
  • Calculation revenue growth rate and CAGR – Compound Annual Growth Rate for 5-year projected period.
  • Profitability analysis of 5-year financial projected P&L statements.
  • Calculation break even points for 5-year projected period.

TWINI

Technology start-up Twini designs mobile data center in a tiny box which was founded in March 2017.

Twini is an effective alternative to small and medium sized data centers. Twini as a product includes in itself data center oriented full software and hardware stack. Unlike traditional data centers, Twini is designed using energy efficient and optimized hardware and software solutions. This approach guarantees product’s compactness, energy efficiency, quiet operation and easy administration. These benefits make Twini the best solution for small and medium business.

Start-up valuation service description

We determined pre money & post money value of start-up TWINI based on pre revenue start-up qualitative & quantitative valuation methods.

VIDOOFOOD

VIDOOFOOD is an innovative tech startup, which provides cloud kitchen and delivery services.

In 2020 year VIDOFOOD   won GITA start-up matching grants with amount 100,000 GEL.

Facebook Page  https://www.facebook.com/ViDooFood/?ref=page_internal

Pitch Deck Preparation service description

  • Problems
  • Solutions
  • Market Analysis
  • Total Adressable Market TA,M
  • Servicable Avaliable Market SAM
  • Servicable Obtainable Market SOM
  • 5 year revenue projections
  • Competitors analysis

VREX Immersive Inc

VRex Immersive is among the first teams worldwide working on VR, especially in the travel and hospitality space. Since 2014 VRex have been perfecting our craft, knowledge and VR infrastructure. VRex Immersive has created numerous successful use cases of Virtual Reality for travel destinations. their customers and partners have traveled the world with our VR solutions and we have exhibited at the worlds biggest travel industry events.

Start-up valuation service description

We determined pre money & post money value of start-up VRex Immersive based on pre revenue start-up qualitative & quantitative valuation methods.

WENROLL

WENROLL is learning and communicating platform. Our mission is to give any human being an opportunity
for better knowledge, higher competence, and intensive self-development. We build an environment
where anyone can unlock his/her full potential. We are a group of people with the common values and
beliefs, who trust each other and believe in WENROLL’s’ success. We are consistent with our values and
beliefs, and everything we say or do is consistent with our purpose.

To meet digital challenges world faces nowadays, we created a mobile application, that makes the
learning process more convenient, easy, and way more efficient. On our mobile application or web site
anyone can take any course, enroll in the chosen training, listen to speakers, and gain more competence
in any field he/she decides to try. The coaching system is integrated into the platform, that makes it more
interactive and engaging for users. Each course and training has designated person – the coach –
responsible for course flow, questions asked by employees, or evaluation scheme. The user can contact
the coach and communicate with him/her any time. Coaches are responsible for answering to the
questions asked by the users, managing open discussions, giving points on the related tasks, assessing
user’s works, and giving instructions to the users. In case of necessity coach is organizing online meetings
and Live classes.

Web Page https://wenroll.com/about/

Start-up valuation service description

We determined pre money & post money value of start-up WENROLL based on pre revenue start-up qualitative & quantitative valuation methods.

Start-up business development service description

We created business development plan of start-up WENROLL for 100,000 GITA matching grants which includes:

  • Project executive summary
  • description of company background
  • determination project team and organizational structure of start-up
  • detailed description innovation technology of start-up
  • Start-up Future development strategy
  • determination Market Analysis
  • determination Total Addressable Market – T.A.M
  • Market Analysis – determination Serviceable Available Market – S.A.M
  • Market Analysis – determination Serviceable Available Market – S.O.M
  • Determination main competitors
  • Determination of future strategy of start-up development
  • determination & optimization of business model
  • determination project development plan of start-up
  • determination risk management implementation procedures
  • Determination revenue drivers 5-year financial projection P&L statements
  • Investment return analysis
  • .Calculation revenue growth rate and CAGR – Compound Annual Growth Rate for 5-year projected period.
  • Profitability analysis of 5-year financial projected P&L statements.
  • WEPARK

    Start-up Wepark.ge founded in august 2017. Wepark.ge is mobile application, which provide innovative way to solve parking problem and earn money as driver in georgia. mobile app – Wepark.ge used by drivers to help each other easily find parking.

    Wepark.ge, as a parking problem solving mobile application has following advantages:

    • Gives opportunity to drivers to easily secure parking at any locations.
    • Easily registration.
    • Secure parking.
    • Find on the map desired location for the parking.
    • Vacate and earn

    Start-up valuation service description

    We determined pre money & post money value of start-up Wepark.ge based on pre revenue start-up qualitative & quantitative valuation methods.

    WEWELL

    Wewell is innovatvie start-up founded 2020 year in czech republic.

    Wewell provides barcode scanning services to detect cosmetic products ingrdients using AI.

    Web Page – www.wewell.app

    Start-up valuation service description

    We determined pre money & post money value of start-up WEWELL based on pre money start-up qualitative & quantitative valuation methods.

    WOLT

     Helsinki-based technology company – WOLT, which helps his application users to discover and get great food in their city, entered in Georgian market in 2018 year.

      WOLT   is an online food ordering and delivery service provider company , which  takes orders via a mobile app.   WOLT provides a platform on which the User can purchase food products and delivery services from the Partner of his/her choice. WOLT also sells delivery services to Users. 

    Start-up valuation service description

    We determined pre money & post money value of start-up WOLT based on pre money start-up qualitative & quantitative valuation methods.

    WRAPSTOCKS

    WRAPSTOCKS is fintech startup.

    in WRAPSTOCKS is created a global listing web and mobile applications of stocks from all around the world, sorted
    by market capitalization as a default. So users can access the website/app and see the current prices and
    price trends for all the stocks from the fall active markets:

    Step 1:
    User enters the website Wrapstocks.com and creates an account, and goes additional KYC/account
    verification process.


    Step 2:
    User choose the stock from the listing he/she wants to buy and clicks buy now button, Metamask opens
    and asks for permission to interact with the website. Next step is to decide how much investment does
    user want to put, for example 1,000.00 USDC.


    Step 3:
    Our system connected to market for example NASDAQ, buys that amount of stock and stacks it under our
    company entity. As soon as the system gets information that the stock was successfully bought ( it will
    take 10-15 sec), our decentralized smartcontract which lives on Ethereal blockchain, mints the token for
    example in case of AAPL, WAAPL token and sends to the users private wallet.


    Step 4:
    WAAPL is normal ERC-20 token, and can be traded on any decentralized exchange like Uniswap, Curve,
    Balancer etc … can be sent from one wallet to another, can be arbitraged using our system to sell the
    stock back.

    Start-up business development service description

    We created a business development plan of start-up WRAPSTOCKS for 100,000 GITA matching grants which include:

    ·  Project executive summary

    ·  description of company background

    ·  determination project team and organizational structure of start-up

    ·  determination co – financing strategy

    ·  detailed description innovation technology of start-up

    ·  Start-up Future development strategy determination

    ·  Market Analysis – determination Total Addressable Market – T.A.M

    ·  Market Analysis – determination Serviceable Ava liable Market – S.A.M

    ·  Market Analysis – determination Serviceable Ava liable Market – S.O.M

    ·  Determination main competitors

    ·  Determination of future strategy of start-up development

    ·  determination commercialization strategy

    ·  determination & optimization of business model

    ·  determination project development plan of start-up

    ·  determination risk management implementation procedures

    ·  Planning 1-year project budget for GITA start-up matching grants.

    ·  Determination subcategories amount of 1-year project budget.

    ·  Determination optimal allocation of operating costs and capital expenditure in 2 – year project budget.

    ·  Determination revenue drivers 5-year financial projection P&L statements for GITA start-up matching grants.

    ·  Investment return analysis.

    ·  Calculation revenue growth rate and CAGR – Compound Annual Growth Rate for 5-year projected period.

    ·  Profitability analysis of 5-year financial projected P&L statements.

    ZOOMNO

    ZoomnO is Ukrainian based EdTech start-up. Online learning platform ZoomnO   is Web and mobile EdTech application ,which  empowers teachers to make learning fun.

    ZoomnO  is Online learning platform based on :

    • Creativity.  
    • Noticing patterns.
    • Drive.
    • Interesting to “dig”.

    ZoomnO offers  EdTech application for following customers groups :

    • Teachers – who are users and influencers of ZoomnO applications.
    • Children – who are users of ZoomnO applications.
    • Parents – who are users and buyers of application ZoomnO.

    Start-up valuation service description

    We determined the pre-money & post-money value of start-up ZOOMNO based on pre-money start-up qualitative & quantitative valuation methods.

    SME’s

    BALNEORESORT TSKALTUBO

    Balneoresort Tskaltubo is famous for its unique radon-carbonate mineral springs and more than 100 years of history of serving people. Balneoresort provides a wide variety of medical, recovery and relaxation procedures, such as: Mineral water baths, hydro- and hand- massage, under-water spine stretch, body mud-masks, electrotherapy procedures, hydrotherapy.

    SME’s Valuation Service Description

    we determined Enterprise Value ( EV ) of BALNEORESORT TSKALTUBO based on following valuation methods :

    • DCF – Discounted Cash Flow Method
    • Comparable Companies Analysis Method
    • Precedent Transactions Analysis Method

    SME’s Business Development Service Description

    • 5-year financial plan projection with sensitivity analysis.
    • Planning   new attractive services to increase visitors  quantity .
    • 5-year infrastructural development plan.
    • Investment plan to increase quality of bathroom of resorts to compete European balneoresorts
    • Planning diversified packets for individual and corporate visitors.

    BCA

    BCA -BodyCorrectionAcademy– delivers effective and comfortable ways to lose weight;  psychologists,  nutritionists,  weight loss mentors, and massage therapists are involved in the weight loss process. Our service combines a weight loss program, pressotherapy, and therapeutic massage.

    Facebook Page https://www.facebook.com/BCAbodycorrectionacademy

    Company Valuation service description

    We determined enterprise value & equity value of BCA based on DCF – Discounted Cash Flow valuation method.

    BELLA ROSSA

    Home textile sewing factory – BELLA ROSSA founded in 2 august 2018.  Sewing factory – BELLA ROSSA plan to import home textile raw materials from turkey and produce, package and sale in georgia, Europe and Russia family bed sheet set.

    In September 2018 bella rossa raised debt financing with amount 400,000 GEL from financial institution based on our business plan development service.

    SME’s Business Development Service Description

    We created     business development plan of BELLA ROSSA, which includes:

    • Market research of home textile industry.
    • Research and analysis main players of the industry.
    • Determine investment amount, which required for launch sewing factory.
    • Research export and import of home textile industry.
    • Financial projection with sensitivity analysis.
    • Determine price and quantity of family bed sheet set products.
    • Determine allocation % of satin and cotton product from total selling quantity family bed sheet set for increasing gross margin.
    • SWOT Analysis
    • Risk factors analysis

    BUDGET FRIENDLY TOURS

    BUDGET FRIENDLY TOURS is a tourists  company for low-budget tourists, which offers one-day group and private tours in different parts of Georgia at relatively low prices.

    Company Valuation service description

    We determined enterprise value & equity value of BUDGET FRIENDLY TOURS based on DCF – Discounted Cash Flow valuation method.

    Investment Proposals Service Description

    We created investment proposals for BUDGET FRIENDLY TOURS , which includes :

    • Executive Summary
    • Company Bacground
    • Product
    • Traction
    • Team
    • Market Analysis
    • Tourism Industry Overiew
    • Tourism Sector Challanges
    • Competitors
    • Investment Offer
    • Valuation Summary

    GAMARJOBA GEORGIA TOURS

    GAMARJOBA GEORGIA TOURS offers one-day group tours and private tours throughout Georgia, tourists have the opportunity to visit in different parts of Georgia and get comprehensive information  from highly qualified guides.

    Company Valuation service description

    We determined enterprise value & equity value of GAMARJOBA GEORGIA TOURS based on DCF – Discounted Cash Flow valuation method.

    Investment Proposals Service Description

    We created investment proposals for GAMARJOBA GEORGIA TOURS , which includes :

    • Executive Summary
    • Company Bacground
    • Product
    • Traction
    • Team
    • Market Analysis
    • Tourism Industry Overiew
    • Tourism Sector Challanges
    • Competitors
    • Investment Offer
    • Valuation Summary

    GEORGIA HOLIDAY

    Georgia Holiday, a #UNIGLOBE global partner, is an incoming tour operator in Georgia. Share your travel stories with us by using #GeorgiaHoliday

    Financial Model Service description

    We created 5 year financial model of KATSKHI PROJECT , which includes cottages rent 5 year financial model and restuarant 5 year financial model.

    GHOMI & KVELI

    Georgian fast food restaurant chain Ghomi and Kveli was founded on November 9, 2019.

     The goal of the company is to bring and modernize Georgian dishes and well-known, favorite flavors to the fast food market.

    Ease of delivery and convenience of packaging distinguishes ghomi and Kveli from other competitors.

    People who are addicted to fast food due to their lifestyle often want the opportunity to eat relatively healthy, home-made options of food in their favorite facilities. In the fast food market, this is quite rare, but one of the most prominent brands working on familiar tastes – Ghomi and Kveli.

    Ghomi and Kveli are a fast food restaurant focused on healthy, familiar tastes. It offers homemade food to people who do not have time to prepare it themselves, or do not want to cook a whole pot of ghomi or beans for one serving, but do not want an unhealthy alternative.

    The company was founded at the end of November 2019 and the first restaurant opened on December 9. Their main feature of ghomi and Kveli is giving a new shape to the familiar taste,

    Ghomi and Kveli, Kharcho, Mchadi, Gebzhalia, Chakaful… – this is an incomplete list of dishes that Ghomi and Cheese offer to consumers in the form of fast food.

    Facebook Page – https://www.facebook.com/GhomidaKveli

    Company Valuation service description

    We determined enterprise value & equity value of GHOMI & KVELI based on DCF – Discounted Cash Flow valuation method.

    GlobalCell

    “Global Cell” is a Georgian company, which sells international SIM-cards connected in the world network with European, Georgian, UK, US numbers and free incoming calls in roaming.

    GlobalCell is a new Georgian mobile operator authorized by Georgian National Communications Commission, with mobile index +995 559 (MCC/MNC – 282/07).

    “GlobalCell” customers are given an unique opportunity to receive free incoming calls in roaming in up to 160 countries around the world and use the best quality in more than 200 countries. Refined and constantly innovative mobile services, special discounts and promoting, all the approved method of filling deposit, profitable offers for special individuals, 24 hour hot line and live chat – It is the standard of “GlobalCell”.

    Company Valuation service description

    We determined enterprise value & equity value of GlobalCell based on DCF – Discounted Cash Flow valuation method.  

    GORGE GROUP

    International company GORGE GROUP represent the construction & remount service provider company, which founded in 24 October 2018 year in Poland and established subsidiary company in Germany in 3 June 2019 year.

    GORGE GROUP provide innovative, high quality construction & remounts service at low prices to retail and corporate clients in Poland and Germany.

    one of the sucessfull contracts aquired by GORGE GROUP was 6 month service to NESHAT GmbH – largest germian developer company – https://www.neshati.de/

    SME’s Business plan Development Service Description

    We created business development plan for SME – GORGE GROUP , which includes

    • Executive summary & mission statement of the company
    • identification short & long term development strategies
    • Company background
    • main factors of success
    • ownership structure
    • management team
    • current & future organizational structure
    • economic overview of Germany
    • construction sector analysis of Germany
    • identification competitive advantages of company
    • Determination of total addressable market
    • SWOT analysis
    • Risk analysis
    • marketing plan development
    • construction 5 year horizon financial model
    • profitability analysis

    International Business Forum – IBF

    International business forum –  IBF   was established in 2015. International Business Forum – IBF are the only company in Georgia, which deals with the arrangements of international forums, master classes, conferences and events.

    IBF has following successful  international project in his portfolio :

    • Brian Tracy in Tbilisi – Sales and Leadership.
    •  David Allen in Tbilisi – Getting Things Done.
    •  International Business Forum Batumi – Leaders Worth Following.

    Company valuation service description

    We determined enterprise value & equity value of International Business Forum – IBF based on DCF – Discounted Cash Flow valuation methods.

    JERSEY NATURAL

    The main goal of Jersey Natural Ltd. is to create a medium-sized 150-pound jersey farm in the Adjara region and to build a dairy processing plant, where the natural milk produced on the farm will be pasteurized, homogenized and produced from 100% natural whole cheese and sour cream. Primary packaging and its sale in the retail and wholesale market.

    SME’s Business plan Development Service Description

    We   created   business  plan  of JERSEY NATURAL  to raise co-financing form government with amount 1 million GEL .

    business development plan includes :

    • Project executive summary
    • Company ownership
    • team & organizational strcture
    • Descriptions of products
    • Determination of positioning strategy
    • Market analysis
    • Competitors
    • Determination marketing plan
    • Inventory management
    • Investment plan determination
    • 5 year financial modelling
    • forecasting 5 year balance sheet
    • forecasting 5 year income statement
    • forecasting 5 year cash flow statement
    • break even analysis
    • Financial ratio analysis

    LAMISKHANA ESTATE

    Lamiskhana estate is wine-producing company that plans to establish wine processing factory in village LAMISKHANA and producing three types product :

    • Wine
    • Petnat
    • Champagne

    SME’s Business plan Development Service Description

    We   created   business  plan  of LAMISKHANA ESTATE  to raise co-financing form government with amount 500 thousands GEL .

    Business development plan includes :

    • Project executive summary
    • Company ownership
    • team & organizational strcture
    • Descriptions of products
    • Determination of positioning strategy
    • Market analysis
    • Competitors
    • Determination marketing plan
    • Inventory management
    • Investment plan determination
    • 5 year financial modelling
    • forecasting 5 year balance sheet
    • forecasting 5 year income statement
    • forecasting 5 year cash flow statement
    • break even analysis
    • Financial ratio analysis

    PHARMGEORGIA

    PHARMGEORGIA plans to construct   middle scaled pharmaceutical factory  equipped with GMP standard equipment and technological facility.

    Phramgeorgia plan to  produce and sale for wholesale markets  infusion / sterile solutions.  

    PHARMGEORGIA  will provide primary and secondary packaging and  sale for wholesale  market following infusion / sterile solutions :  

    • Natrium chloride  0.9 %  250 and 500 ml .
    • Glucose 3 % 250-500 ml.
    • Ringer 500 ml.
    • Ringer lactate 500 ml.
    •  Metronidazole 0.5 % 100 ml.
    • Levofloxacin 0.5 % 100 ml .
    • Amino carbon acid  0..5 % 100 ml.
    • Mannitol 10 % 500 ml.
    • Moxifloxacin  10 # 250 ml .
    • Paracetamol 1 % 100 ml.

    SME’s Business plan Development Service Description

    We   created   business  development plan  of PHARMGEORGIA  to raise 10 million GEL investments from pharmaceutical sector  strategic investors .

    Business development plan includes :

    • Market research of pharmaceutical sector.
    • Planning   pharmaceutical products selling prices and quantity for wholesale market. 
    • Planning investment amount need to construct pharmaceutical factory. 
    • Financial  modeling with sensitivity analysis.
    • Investor agreement and  equity stake  allocation.
    • IRR and Cash On Cash multiple analysis for investors.

    SME’s Valuation Service Description

    we determined Enterprise Value ( EV ) of PHARMGEORGIA based on following valuation methods :

    • DCF – Discounted Cash Flow Method
    • Comparable Companies Analysis Method
    • Precedent Transactions Analysis Method

    PRIMEMED

    Prime Med is iinovative preventive and reproductive medicine center founded in 2020 year. Prime Med Center prevent the following disease :

    • Breast Cancer

    • Cervical cancer

    • Prostate cancer screening

    • Colorectal cancer screening

    • Diabetes screening

    • Anemia screening

    Facebook Page https://www.facebook.com/Prime-Med-104304911562433/?ref=page_internal

    business development service description  

    We created business development plan of Prime Med, which includes:

    • Market research of medicine sector.  
    • Research and analysis main players of the industry. 
    • 5 year financial statements proejctions – income statement , cash flow statement.

    Rustavi Steel Corporation Co

    Armature producer and reseller Rustavi Steel Corporation Co founded in 05 may 2014.  Rustavi Steel Corporation Co’s factory located in gardabani – village altaklia. Rustavi Steel Corporation Co produces and resales armature rods in retail and wholesale markets.  

    business development service description  

    We created business development plan of Rustavi Steel Corporation Co, which includes:

    • Market research of armature sector.  
    • Research and analysis main players of the industry.
    • Determine investment amount, which required to build warehouse and administrative office.
    • Research export and import of armature sector.  
    • Financial projection with sensitivity analysis of armature and wire rods business.
    • Armature and wire rods production allocation % to increase profit margins.
    • Cost benefit analysis for purchase land plot area for warehouses and administrative office.

    TBILISI BUSINESS HOUSE

    TBILISI BUSINESS HOUSE is leading translation service provider company in georgia. TBH provides corporate translation services to government bodies and large companies.

    SME’s credit proposals preparation service description

    we created credit proposals for TBH to receive 450 GEL debt from Georgian local banks, which includes following :

    • Executive Summary
    • Requested Debt Allocation
    • Calculation PTI  payment to loan
    • Calculation LTV loan to value
    • Historical Financial Statements Analysis

    303 HZ

    303 HZ is music school providing courses of the following subjects:

    ✦ Music Production (Ableton live)

    ✦ Mixing

    ✦ Music theory

    ✦ Synthesis and advanced workflow

    ✦ Djing

    ✦ Hip-hop production

    Facebook Page https://www.facebook.com/303Hz/?ref=page_internal

    SME’s Valuation Service Description

    we determined Enterprise Value ( EV ) of 303 HZ based on following valuation methods :

    • DCF – Discounted Cash Flow Method
    • Comparable Companies Analysis Method
    • Precedent Transactions Analysis Method

    Business Development Service Description

    • Market research of the design industry.
    • Research and analysis main players of the industry.
    • Determine investment amount, which required for launch mobile application and new office development
    • Financial projection with sensitivity analysis.
    • Determine price and quantity of each subject of design shool
    • SWOT Analysis
    • Risk factors analysis

    303 PXL

    303 PXL is design school created by 303 HZ

    Facebook Page https://www.facebook.com/303PXL/?ref=page_internal

    SME’s Valuation Service Description

    we determined Enterprise Value ( EV ) of 303 PXL based on following valuation methods :

    • DCF – Discounted Cash Flow Method
    • Comparable Companies Analysis Method
    • Precedent Transactions Analysis Method

    Business Development Service Description

    • Market research of the design industry.
    • Research and analysis main players of the industry.
    • Determine investment amount, which required for launch mobile application and new office development
    • Financial projection with sensitivity analysis.
    • Determine price and quantity of each subject of design shool
    • SWOT Analysis
    • Risk factors analysis

    Financial Institutions

    JSC MICROCREDIT

    Microfinance Organization – Microcredit was founded on March 17, 2009. In February 2011, Microcredit was transformed into a joint-stock company.

    The main business of Microcredit was the issuance of micro and small loans to individuals and legal entities in excess of GEL 50,000. Loans were issued in GEL, USD, and EUR.

    Financial Institutions Valuation Service Description

    we determined Enterprise Value ( EV ) of JSC MICROCREDIT based on following valuation methods :

    • DCF – Discounted Cash Flow Method
    • Comparable Companies Analysis Method
    • Precedent Transactions Analysis Method
    • Dividends Discount Model