The startup aids and facilitates businesses realise their utmost potential when it comes to growth needs, strategic equity funding, JVs, M&As or even complete business strategy overhauls.
Recognised by Startup India as a technology innovation startup, MergerDomo is an online global corporate Deal Sourcing and Consulting marketplace catering to the needs of Startups, Corporates and SMEs by connecting them to Investors, Investment Bankers and Consultants across the eco system for M&A, Strategic Fund raising, Joint Ventures, Technology Sourcing and Contract Manufacturing through an Algorithm.
MergerDomo functions as an online one stop shop for business deals preparation, sourcing counter parties and deal execution and offering a complete end-to-end solution, through their empanelled network of expert consultants offering services in over 74 broad domains.
Founded In 2018, the startup aims to bring together the hugely fragmented Investment Banking Industry under one roof along. It further envisions to aid the organic and inorganic growth of Startups, corporates and SME’s.
In the heart of the Pandemic, where many businesses ceased to function, MergerDomo brought in multiple players to their platform from the industry, including Branded VC’s, Investment Bankers to several companies & startups seeking funding, M&A and consulting.The startup also closed deals for two AI Driven startups, helping them raise funds. Adding to these achievements, they also worked on numerous consulting mandates to help startups brace themselves for the future.
Commenting on the future plans for the startup, Hormazd Charna, Founder of MergerDomo commented, “We aim to democratise the system of investments and fundings.” Along with a wide network of 120 investment bankers, over 100 startups and 250+ financial investors, MergerDomo is aggressively adding corporates and financial investors in order to scale up operations and explore growth prospects to a great extent.
One of the major plans for the future include an AI based deal recommendation engine, and a Startup assessment scorecard will aid Investors and companies to make better decisions. Further, with an existing presence in UK, Singapore & South Korea, to propel its growth, the startup aims to expand globally positioning itself in 25 countries over the next five years, as informed by Mr. Charna.
“Believing strongly in tie ups, collaborations are the way forward”, says Mr. Charna, as the startup has signed MOU’s with several players in the domestic market & even with a SME Trade association Korea and an accelerator in Hong Kong. The company has raised USD 250 thousand till date and is looking to raise another USD million in the next 1-3 months.
Source: Business World
