Company Name DUO WORLD INC
Company Address 170 S, GREEN VALLEY PARKWAY, SUITE 300
HENDERSON, NV 89012
Company Phone 00 94 112 375 000
Company Website www.duoworld.com
CEO Muhunthan Canagasooryam
Employees (as of 8/15/2016) 125
State of Inc NV
Fiscal Year End 3/31
Status Filed (5/19/2016)
Proposed Symbol --
Exchange OTCBB
Share Price $1.00
Shares Offered 8,567,467
Offer Amount $8,567,467.00
Total Expenses --
Shares Over Alloted --
Shareholder Shares Offered 8,567,467
Shares Outstanding --
Lockup Period (days) 180
Lockup Expiration --
Quiet Period Expiration --
CIK 0001635136
Company Description
We are an information technology and software solutions company. As a result of the acquisitions described above, we specialize in subscription management and billing solutions (“SMBS”) and customer lifecycle management solutions (“CLM”). We cater our products to organizations with small to large-scale operations in diverse industries and support subscription management, recurring billing, invoicing, customer life cycle management and contact (call) center operations.
Our SMBS solution caters to clients across industries such as local newspaper distributors and car rental companies, who have a small subscription bases, and also to large telecom operators, who have large subscriber bases. It is a scalable and reliable system with the ability to scale up or down to satisfy our client’s needs.
Previously, Duo Software Sri Lanka commercially launched two enterprise software applications known as DuoSubscribe Version 4.9 (SMBS) and DuoCLM Version 4.9 (CLM). Since their releases, these products have been marketed mainly in the South East Asian region (India, Maldives, Nepal, Sri Lanka and the Middle East) to companies in banking (Bank of Ceylon and DFCC Vardhana Bank PLC), payment clearing (LankaClear (Pvt) Ltd.), insurance (Amana Takaful Insurance), retail (Singer Sri Lanka), Pay TV (Topas TV, PT. Megamedia Indonesia and DEN Networks), telecommunications (Hutchison Telecommunications), travel agencies (Classic Travels, one of the leading travel agencies in Sri Lanka), airline (Sri Lankan Airlines, the national carrier of Sri Lanka) and business process outsourcing partners (Hello Corp.).
DuoSubscribe, specializes in invoicing customers on a monthly/recurring basis and managing the services of the customer. DuoSubscribe is currently offered as an enterprise or on premises solution. We intend to offer a significantly
enhanced model of DuoSubscribe, called CloudCharge, as a cloud based, Software-as-a-Service (“SaaS”) solution, by the end of October 2016.
DuoCLM (also called Duo Contact), is designed to manage the entire customer life cycle from the initial contact point with a customer to after sales support. DuoCLM is currently offered as an enterprise or on premises solution to large organizations that have dedicated customer support/call centers to maintain their customer relationships. We intend to offer a significantly enhanced model of DuoCLM, called FaceTone, as a cloud based (“SaaS”) solution, by the end of October 2016.
We will be commercially launching some additional products (CloudCharge, CloudCharge-Pay TV, FaceTone, Veery, DigIn and SmoothFlow) by the end of October 2016.
Most of our product development, research and development, global support center, project management, business process and implementation, finance and treasury and human resource management functions are conducted and managed through Duo Software Sri Lanka.
Duo Software Singapore was established primarily for the purpose of marketing of our enterprise versions DuoSubscribe and DuoCLM. Duo Software Singapore has been highly instrumental in generating successful sales leads through its presence at trade exhibitions and in following up sales leads.
Duo Software India was established for the purposes of having a dedicated sales team in India to promote and support our enterprise versions of DuoSubscribe and DuoCLM, which we developed for the robust Pay TV and subscription industry in India. India is the world’s second most populated country and has a large number of Pay TV operators in the subscription economy in India.
Duo Software India has been successful in penetrating the Pay TV industry, and enterprise versions of DuoSubscribe and DuoCLM are being employed as the operation platform by some of the dominant Pay TV operators in New Delhi and Kolkata, India, such as DEN Networks Limited, India’s largest cable TV distribution company serving 13 million homes in over 200 cities.
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Looks enticing to me!
