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Aug 25, 2016 6:31 EST

DMLLive Pte. Ltd: Vision – To be the one – stop – shop integrated solution provider in the Indian Entertainment domain, encompassing online and offline live shows, creating a marketplace for artists / performance seekers, advertisers and consumers

iCrowdNewswire - Aug 25, 2016

DML Live Pte Ltd

Singapore, 068898, Singapore
Media
www.indianxpats.com

Background
DMLLive Pte. Ltd has been in existence Since Feb, 2013 in the business of Live Entertainment. Has successfully executed 10 concerts across Singapore, Malaysia & Indonesia. The big concert being the Academy Award Winner ARRahman (Jai Ho fame) SEA Tour. Has sold close to 35k tickets , 63k likes on Facebook page & a database of ~ 6k consumers. Making their foray into the digital space to offer 360 connect between artist, consumer & advertiser.

Vision
To be the one – stop – shop integrated solution provider in the Indian Entertainment domain, encompassing online and offline live shows, creating a marketplace for artists / performance seekers, advertisers and consumers.
Competition
Currently served by local mom & pop players in the live space outside India
Digital space is very nascent; Local sites serve some information need in some parts of the world
No single global platform
No digital live platform
Opportunity
Opportunity to scale Indianxpats through partnerships; already initiated discussions in UK & UAE
Enabled to offer niche entertainment content through digital live platform
No single player with a 360 offering – on ground & digital
Opportunity to use the digital platforms for non Indian contents as well – Digital live platform can be used for Chinese, Korean artists as well
Financial Snap shot
2014 Actual US$ 2.0M; EBITDA (1.4)M
2019 Plan Revenue: US$ 22 M; EBITDA US$ 8 M

Funding Requirement
Funding required US$ 1 M for the next 12 – 18 months :
Offer : 25% for US$ 1M (post money)
US$ 160 – 240 M Valuation in 5-6 years
Expect to provide an exit in 3-5 years by way of buy out by a strategic investor (Media Houses, global online platforms) or PE

Products / Services

Indianxpats.com, DML Live

DML Live – Live Entertainment Co with capabilities to do mega shows across SEA
Indianxpats.com – portal connecting Indians abroad (launched in Singapore, Jan ‘15) – 25k page views in first month; S$ 20k Rev signed
E-theatre – Live digital platform that enables live concerts digitally with e-ticketing; connecting artists and performance seekers (To be launched in Aug’15; MOU signed with German Technology partner with co-funding)
Unique cross media synergy across products – greater value proposition for customers / advertisers…huge competitive advantage

 

Management

Chief Executive Officer
Subramanian Keerthivasan

Subramanian Keerthivasan

 

Keerthi was the Chief Executive Officer of HT Music & Entertainment which is a part of HT Media Ltd. (the Hindustan Times Group). As the Head of this business, Keerthi was instrumental in putting in place the strategic relationship with Virgin radio and launching the Fever 104 brand in India. Keerthi oversaw the entire operations of the company, and it is credited for scaling up the business and turning profitable within a short span of 2 years. Keerthi has led the company with entrepreneurial drive and focus and launched Fever Entertainment and Fever Audio Productions. Prior to the Fever experience, Keerthi was the Group CFO for HT Media, and worked globally with Whirlpool & Xerox. A Chartered Accountant from the ICAI & an MBA from Kellogg School of Management

 

Contact Information:

Chief Executive Officer - Subramanian Keerthivasan

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