Financial Highlights on a Standalone basis 1. During the year FY19-20, Proyuga has earned an income of Rs. 4.10 Crores as against the previous year’s income of Rs. 2.02 Crores. So, revenue has doubled, which is a big positive. 2. The expenditure incurred in FY19-20 (excluding depreciation) was Rs. 13.78 Crores as compared to the previous year’s amount of Rs. 19.78 Crores. 3. Proyuga in the FY19-20, has incurred a Net Loss of Rs. 13 during the year under review as compared to the Net Loss of Rs. 19 Crores incurred in the previous year. Subsidiaries' role in marketing Mayuukha Pte Ltd was incorporated on 5th February 2018 in Singapore. During the year FY19-20, the revenue for the year was Rs. Nil. The main purpose of forming the company is to market the product of Proyuga in the UK and Australian markets. For that, Mayuukha has opened two new subsidiaries in both countries. The UK subsidiary has also opened one wholly-owned subsidiary in Dubai, to focus on the UAE market. Key Achievements of Proyuga in FY19-20 1. iB Cricket Gaming Arcades- Till date Proyuga has established gaming arcades across India reaching a total of 30 iB Cricket Arcades. iB Cricket aims to give some common delight zones for the cricketing fraternity to gather and facilitate a platform to show their love for cricket. 2. Global Expansion of iB Cricket - Proyuga has established a comprehensive business network including sales partners across 5 continents. More than 80 corporates across 8 countries have thus far utilized iB Cricket’s services to engage their employees. With this extensive network, the company shall organize corporate tournaments on a large scale in the coming months. 3. iB Cricket in Singapore- A special experience zone was set up at the Inspreneur 3.0 - India Singapore Summit organized by the High Commission of India in Singapore. 4. iB Cricket in UAE - Proyuga in UAE has organized a Corporate Carnival which saw the participation of 200+ employees across 30+ corporates thus establishing itself as one of the most integral parts of any employee engagement activity in the region. iB Cricket was present at the eSports Games Cup organized in one of the most prestigious schools of UAE namely GEMS Wellington. It had run VR Cricket tournaments for classes 6-12 across 16 schools. 5. iB Cricket in Australia - iB Cricket has worked with several stakeholders including brands, corporates, and academic institutions in Australia. Your company has organized open VR tournaments in Melbourne eSports Open and Sports Tech World Series. iB Cricket was displayed in universities like RMIT and Swinburne for students to compete in. With a strong base in Australia, iB Cricket is all set to embark a strong impact during the upcoming T20 World Cup. Future Scope 1. iB Cricket Steam Version - With the number of people logging on to Steam having significantly spiked up since the start of the year, iB Cricket is ready to be made available on Oculus Quest VR Headset. This would help the cricket fans across the globe play iB Cricket right from their living room. With the headset having a healthy market share in Australia, UK, USA, it has laid the right path for consumer sales of the company in these respective markets. This version of iB Cricket would also allow players from all across to play with their friends while they bowl through a PC Console for the batsman in VR. The game was launched on Steam VR Platform for the global audience to purchase and pursue. With this your company will be able to run online VR Cricket tournaments and also add a new revenue stream 2. iB Cricket Retail Kit - Going ahead in India, iB Cricket will also facilitate fans with the Retail version of the setup for people to play from their home. iB Cricket hotspots will further act as centers for tournaments and challenges for people holding the top ranks in the hyper-local challenges. Further, iB Cricket Retail Kits would bring more people to adapt to the culture of this nu-age Vsport, thus, help more people to compete in the forum. 3. With the recent breakthrough in the VR hardware, iB Cricket team came up with an advanced version in which there is no need of PC, sensors, wires, pulleys, etc. This makes the setup and gameplay of iB Cricket more pleasant and easy. Now they can take iB Cricket to every home where people can play cricket in world-class stadiums right from their home. This breakthrough opens us business opportunities around the world in the US, UK & Australia right now and many countries soon. UnlistedZone View The way the company is performing, expanding the footprint in the US, UK, Australia, and UAE market and by looking at growth available in the gaming segment, the future of Proyuga looks very bright. The company is managed and mentored by iB hubs, which work with various startups with an aim to accelerate the progress of society through initiatives that address the root causes of the pressing problems in society.