Exhilway May Relaunch EPCM Marketplace
Exhilway is planning to relaunch its debt and equity investments marketplace called Exhilway Private Capital Market or EPCM.
Exhilway Limited, now merged into EGW Capital Inc. may relaunch its EPCM marketplace in the coming few weeks. The board of EGW Capital Inc. has confirmed the move.
EGW Capital Inc. is gearing for its US public listing by the end of the year 2017.
EGW Capital Inc. is targeting a business valuation of US $350 million, but as per the financial analysts, the marketplace like EPCM may witness further spike in its valuation due to the uniqueness of the offered marketplace.
EGW Capital Inc. will retain the brand name “EPCM” due to its wide user presence. In the year 2012, some 6,000 odd businesses along with 1,500 independent investors were registered on the platform.
Last week, EGW Capital closed its first private placement of US $24.50 million. EGW Capital will invest US $11 million in the venture. The New Delhi-based Raga Bank which has advised on this fundraising has confirmed the investment by referring to the use of proceeds statement submitted by EGW Capital.
The marketplace was launched in the year 2012 and was discontinued in the year 2014.
EPCM focused on the emerging entrepreneurs, assisting them to value their businesses and explore several funding options by presenting their investment case to the investors registered on the platform.
The EPCM marketplace will also add peer-to-peer (P2P) loans which will provide unsecured funding of up to US $50,000 to the eligible entrepreneurs.
The listing of the emerging business on the platform will be charged at only US $49 annually which will include business valuation, business rating and the listing.
“EPCM marketplace is must for the entrepreneurs who wish to showcase information about their businesses to the right investors. For just US $49 a year, a business owner can avail complete business evaluation services. The EPCM will be a “stock exchange like” platform. By listing on the EPCM, a company can witness how it feels to be listed on the stock exchange,” said Arthur Angel, independent advisor to the board of EGW Capital Inc.