Business Update - Exceptional early traction for ''ASHWINI HEALTHCARE AI'' (www.asgwini.tech) with 5,620+ registered user; outlining SAAS Revenue Roadmap & Metrics.
Awaiting price reaction for this filing.
AVI Polymers has announced strong early traction for its new HealthTech AI platform, Ashwini Healthcare AI (www.ashwini.tech), with 5,620+ users registered on its waitlist following a soft launch. The platform operates on a SaaS model with annual subscriptions priced at ₹999/year. Based on an 8-15% conversion rate, the company projects Year 1 Annual Recurring Revenue (ARR) of ₹6-39 Lakhs. Management targets Phase 1 (10,000 paying subscribers) to unlock ₹1 Crore ARR, and Phase 2 (80,000-1,20,000 subscribers) to reach ₹8-12 Crore ARR, aligning with Series-A valuation metrics. The platform targets a 65-70% annual retention rate.
This update signals AVI Polymers' strategic pivot toward digital healthcare services, with management expressing high confidence in delivering 'debt-free growth' to shareholders through scalable SaaS unit economics. While projections are preliminary, the waitlist traction validates market demand for the platform.