Assam Startup Impact Report
Assam Startup TrailBlazers
| Startup Name |
My3DSelfie |
| Founding Year | 2016 |
| Founders | Harsha Deka |
| Business Category |
3D Technology & 3D Printing |
| Startup Stage |
Revenue Generation |
| Support Required from The Nest |
Fund |
| Investment Required |
7, 00, 00, 000 |
| Type of Entity |
Pvt. Ltd. |
| Website | |
| Startup’s Objective |
The startup aims at creating and delivering all visually pleasing products, leveraging 3D technology that a person will cherish for a long time. It is committed to generating employment avenues for 5000 people in North East India in the next 5 years in the field of emerging technology. |
| Market Need | Personalized/customized gift industry is growing at a rate of 9.10% from $21B to $31B by 2021. 3D technology has taken roots in this rapidly growing industry. And 3D figurines/selfies have been the most lucrative go-to-market product for consumers. At present, however, the customer has to visit the 3D scan company in order to get a 3D figurine. This creates a huge limitation, a barrier to present this product as gifts and also to expand the business. |
| Product/Service description |
My3DSelfie crafts fully personalized 3D figurines from photographs with 90% accuracy. The startup is currently focusing on human, pets, fantasy characters, etc. A customer just needs to upload their photos while placing the order, and the startup magically creates life-like figurines of the subject with the help of just a few photographs. |
| Customers/Users | 35% of their customers are corporates that include fortune 500 companies like Mcdonalds (headquataer), IPG, Marvel, biomarin, CIA, Government officials, Harvard University, Stanford University, Cardiff University etc. Rest 65% is B2C which is delivered in over 30 countries, with the US being the major market. |
| Revenue Model |
The startup keeps a margin of around 35-40% and is optimizing it to reach 50-65% soon. |
| Current Traction |
Since inception, My3DSelfie has delivered its products across 30 countries, catered to fortune 500 companies and has given reselling rights in 15 countries. It is the fastest growing consumer product company using 3D technology and has also signed exclusive rights with Bellus3D – the world leader in mobile scanner. |
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