Business Description:We are primarily in the internet business. We will develop internet properties that the team believes has potential to be successful in the Indian setup. The first product is a web portal that allows people to Rate other people on looks, meet them, make friends, get recommended on looks and also draw comparisons between videos, pictures or blogs.
People may also compare between their own looks or celebrities or them with their friends! YoMacha brings together looks, rating, networking and popular voting on the same platform. There was no service like YoMacha before and people would either get suggestions from friends or family.
YoMacha brings an open platform for unbiased opinion, which is free of cost and you know the response to a look in a span of an hour.
Industry:IT/ Internet/ Software
Founded in:2008
Source of idea:Discovered by chance
Significant Competitors:hotornot.com
Company Details :
Company Name:Gray Matter Infotech
HeadQuarters:Jaipur
Stage of the company:Have prototype
No of Employees (2006):Did not exist
No of Employees (2007):0-5
Office Locations(2006):Did not exist
Office Locations(2007):0-1
No of companies promoted:No
Profits (2006):Did not exist
Profits (2007):preprofit
>Partnerships:
Initial Funding:Angel investors
Addl Funding:Angel investors
Institutitional Capital:No
Revneue Model:Some possible revenue streams that we have identified are:
1. Advertisements
2. Partners for accessories that help people improve their looks
3. Associates for Rating Wars
4. Potential for identifying fresh faces for modelling etc.
Awards & honors:
Promoters Details :
Promoters Name(s):Ajit Nawalkha
Age:23
HomeTown:Jaipur
Education:Bachelors
No of companies promoted:No
Family Background:Business
Job:Team Leader at Rajasthan Patrika Pvt. Ltd.
Ex-Job Description:Leading
Favorite Book/Movie:Rang De Basanti, Ali
