openPR Logo
Press release

Exhilway Plans To Launch Global Virtual Offices For SME

EPCM: Virtual Offices For SME's

EPCM: Virtual Offices For SME's

Exhilway Private Capital Market (EPCM), India’s largest trading platform for the unlisted private companies has planned to launch virtual offices for the small and medium businesses (SME) worldwide. EPCM plans to invest US $5 million or INR 27 crore in the new venture.

“The property prices are soaring but the new business ideas are coming up with a rapid pace. EPCM encourages small business to grow, the latest technologies, if implemented correctly can reduce the fixed business overheads like rents and salaries by 60%”, said Terry Wagner, the United States based project consultant who is currently advising EPCM.

The virtual office provides clients with a business address, a dedicated phone/fax number, telephone answering services and access to meeting rooms that allow users to reduce traditional office rental costs.

EPCM will initially focus on the developed markets of the United States and the developing markets of India and China.

In India itself, over 27,000 businesses use virtual offices and the demand is expected to grow at a rapid pace of 200-300% every year, according to a report by HSBC.

EPCM will charge a flat fee of US $99 every month for the basic virtual office service, the premium service which will include telephone answering service will be charged at US $150 every month. The annual packages will be subject to discounts and offers and no first time setup fee will be charged.

Sheena Holler, an IT communication entrepreneur, says “When I started my business operations in India in the year 2007, it was the need of time to expand the business on the pan India basis. I settled for a virtual office which gave me the freedom to operate from any part of the world by a paying a very small fee. My net profitability improved and I bought my own corporate office with the savings. I still use the services of the virtual offices as the small businesses like me cannot afford to have presence everywhere.”

EPCM is targeting an annual revenue of US $19 million within two years of the business operation. EPCM plans to hire a team of 20 people headed by Marta Morgan, the proposed CEO of the EPCM virtual offices venture.

Exhilway is a hedge fund company headquartered in India. Exhilway is the sixth largest financial company in the world that masters in the art of proprietary arbitrage which includes global equity and commodity markets. Exhilway employs over 1,865 people as of May 2012.

Exhilway have recently forayed into private equity secondary market business where they help private companies to raise private equity investments from international investors. The valuation of private equity business stands at US $240 million.

Name of the Company:
Exhilway Private Capital Market

Postal Address:
Chennai CitiCentre, Level 6, 10/11 Dr, Radhakrishna Salai
Chennai, INDIA

Telephone:
919811569856

Press Contact:
David Jones
Telephone: 919811569856
Email: exhmedia@exhilway.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Exhilway Plans To Launch Global Virtual Offices For SME here

News-ID: 242009 • Views:

More Releases for EPCM

Impact Assessment of COVID-19 Outbreak on Engineering, Procurement, & Constructi …
Global Engineering, Procurement, and Construction Management (EPCM) Market: Overview Engineering, Procurement, and Construction Management (EPCM) is a specific type of contracting arrangement that is used in some industries. This involves the contractor to be responsible for end-to-end completion of a project right from design to procurement of raw materials to construction to execution to handover of the project to the end-user. The contractor is responsible for the completion of the project
Impact Assessment of COVID-19 Outbreak on Engineering, Procurement, & Constructi …
Global Engineering, Procurement, and Construction Management (EPCM) Market: Overview Engineering, Procurement, and Construction Management (EPCM) is a specific type of contracting arrangement that is used in some industries. This involves the contractor to be responsible for end-to-end completion of a project right from design to procurement of raw materials to construction to execution to handover of the project to the end-user. The contractor is responsible for the completion of the project
Engineering, Procurement, & Construction Management (EPCM) Market to Record Stur …
Engineering, Procurement, and Construction Management (EPCM) is a specific type of contracting arrangement that is used in some industries. This involves the contractor to be responsible for end-to-end completion of a project right from design to procurement of raw materials to construction to execution to handover of the project to the end-user. The contractor is responsible for the completion of the project in the allocated time limit, which may be
Engineering, Procurement, & Construction Management (EPCM) Market Intelligence w …
Global Engineering, Procurement, and Construction Management Market: Overview Engineering, Procurement, and Construction Management (EPCM) is a specific type of contracting arrangement that is used in some industries. This involves the contractor to be responsible for end-to-end completion of a project right from design to procurement of raw materials to construction to execution to handover of the project to the end-user. The contractor is responsible for the completion of the project in
Engineering, Procurement, & Construction Management (EPCM) Market - Global Indus …
Engineering, Procurement, and Construction Management (EPCM) is a specific type of contracting arrangement that is used in some industries. This involves the contractor to be responsible for end-to-end completion of a project right from design to procurement of raw materials to construction to execution to handover of the project to the end-user. The contractor is responsible for the completion of the project in the allocated time limit, which may be
Exhilway May Relaunch EPCM Marketplace
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. EGW Capital Inc. is targeting a business valuation of US $350 million, but as per the financial analysts, the marketplace like EPCM may witness a further spike in its valuation due to the