Detailed Description of Portfolio Companies of Tiara Fund
LYKAON Co., Ltd.
| Features | Lykaon’s business grew by providing corporate website construction and maintenance services and SEO software related services to SME (small to mid-sized enterprises), upon unique business model as comprehensive service provider. Subsequently, Lykaon launched ‘LYKAON’, proprietary retail theft (shoplifting) prevention system based on face recognition technology in February 2014 and has been marketing the system to convenience stores and mass merchandisers directly as well as building sales agent network for that product. In view of mounting market needs, Lykaon’s growth potential is promising, as sale to Japanese retails chains rise and other relevant products business would expand in the area of senile elderly people’s accident prevention and intruder prevention. |
|---|---|
| Investment Pattern | Business Succession Acquisition of the owner’s share |
| Investment Theme | Lykaon proceeds to establish solid organizational and corporate management and to enhance its sales agent network, with aims to (1) maintain steady growth of existing website and SEO software related business, (2) realize quick starting up of ‘LYKAON’business. This will enable Lykaon to deliver business model innovation with nonlinear leaps in its growth |
