Hi, welcome to this Tech MNC at IT Hub Fractional Ownership Review, where we have rated the opportunity as -/10. This is an opportunity by HBITS in Silver Metropolis, a building in Goregaon East.
Hi, this is Raj Shah from Invest In Pre-leased, where we help you create wealth from curated fractional ownership opportunities.
If you cannot maintain an unbiased and objective perspective on the tenant, asset, deal terms and conditions, return on investment, and asset manager, it’s advisable to refrain from investing in this opportunity. You should also not invest in this opportunity if you’ve not done a physical site visit.
Besides, you should not invest in this property if you’re not going to have a company secretary, lawyer check the documentation between the private limited that is going to be formed and the prospective investor, which is going to be your shareholder agreement or the articles of association. In simple terms, we are doing all of this. So, if you’re looking at investing, call us and we’ll help you invest.
Now let’s start with our review!
The review is in two parts. Part one is available freely on YouTube. You can click here for the part two of this property review.
Tenant Profile for Silver Metropolis Pre-Leased Fractional Ownership Opportunity
We are going to start with knowing the tenant on this deal. The tenant is Gupshup Technologies. It is an unlisted private limited company, which was incorporated in 2005.
How good is the tenant?
Rating - 0.5/0.5
Gupshup Technologies is the number one conversational engagement marketing platform for frictionless and personalized journey for your customers. In simple terms, they make chatbots and they send out more than 10 billion messages every month. It’s a great tenant to have and therefore 0.5/0.5 there.
Is it a Fortune 500 global/ An India Fortune 100?
Rating – 0/0.25
No, they are not. And so, we give it 0 on 0.25 there. That is about the tenant. They are trusted by leading brands globally, such as Citibank, Netflix, Khan Academy, Flipkart, and so on.
Are they profitable?
Rating – 0.25/0.25
Yes, I’m happy to report that they are profitable. So, in the financial year ending 31st March 2022, the revenues were above 1000 crores. And like I mentioned, they are profitable. Therefore, for Profitability, we’re giving it full points, 0.25 on 0.25 because they are profitable
How much were they profitable by? Did the profit increase year on year? If you want to discuss all of that, call us on 9820855056/9930881999.
Tenant Industry Outlook
Rating - 0.25/0.25
A research report says that from a website, Marketing and Marketing, the conversational AI market is going to grow from $10.7 billion to $29.8 billion in the next five years, which means by the time our leave and license agreement gets over, that’s the kind of growth, a 22.6% growth in the overall market.
And as we all know; tech and AI is something that’s seamlessly getting integrated in our lives. You must be getting a lot of messages from banks, all the different services that you’re using, whether it’s in terms of OTP, whether it is in terms of reminders or promotional messages. All these things are powered by companies like Gupshup Technologies.
I remember a time when WhatsApp business and these kinds of messages were only available for the big companies, because the budgets were high, it costed a lot of money, etc. Now, these guys enable smaller businesses, right, to use these kinds of services.
And therefore, the use of this kind of technology is getting cheaper. And it’s something that even smaller businesses, medium businesses, all of us will continue to require. And therefore, the tenant industry outlook looks fantastic. And therefore, we give it 0.25%.
That takes the final score to be 1.25 for Knowing Your Tenant.
And with that, we’ll see you on the other side of the review. Do like and share the video.
