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STRING METAVERSE LIMITED — Investor Presentation 2026
May 26, 2026
62670_rns_2026-05-26_7b526382-81b5-4531-94d1-2c974f3f1eef.pdf
Investor Presentation
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STRING METAVERSE LTD.
A Web3.0 Enterprise
Date: 26-05-2026
To
BSE Limited,
20th Floor, P.J. Towers,
Dalal Street, Mumbai – 400 001.
Dear Sir/Madam,
Sub: Revised Investor Presentation.
Ref. String Metaverse Limited (formerly known as Bio Green Papers Limited) (“The Company”):
Symbol: META, Scrip Code: 534535
Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed herewith Revised Investor Presentation of the Company.
The aforesaid Investor Presentation of the Company is also accessible on the Company’s website at https://www.stringmetaverse.com/
Thanking you,
Yours faithfully,
For String Metaverse Limited
(Formerly known as Bio Green Papers Limited)
MEDAM CHOWDA REDDY
Digitally signed by MEDAM CHOWDA REDDY
DN: c c B c a=R0920566, 186c-8879,
C.C.A.D: c4563C/73a9cef-941abc-56951332da4d0076c007801
CFL: 5754976c21331f9, acmcdf, aec=500095, in Filologans,
circuitterider: 4921976619666651196090496a6e78606d909f
In: BRIJINALA/126d60890, cn: MEDAM CHOWDA REDDY
Date: 2026.05.26 19:59:08 +00'00'
M. Chowda Reddy
Company Secretary & Compliance Officer
String Metaverse Limited
(Formerly Known as Bio Green Papers Limited)
Registered Office Address: Sy.No 66/2, Street No.03, 2nd floor, Rai Durgam, Prashanth Hills, Nav Khalsa,
Gachi Bowli, Dargah Hussain Shahwali, Golconda, Hyderabad- 500008, Telangana, India, 500008.
CIN:L62099TG1994PLC017207 | Ph: 040-2939-0760 | Email:[email protected] | Web:www.stringmetaverse.com

String Metaverse Ltd
BSE: META
FY26 Presentation
Every Interaction is a Transaction
Tokenizing the largest cash flow engine on the internet - Gamers, Creators, Influencers, Streamers.

E
STRING METAVERSE LTD
A Web 3.0 Enterprise
Safe Harbor
This presentation has been prepared by String Metaverse Limited solely for the purpose of providing information related to the Company's capital expansion. This Presentation is not and should not be construed as an offer, solicitation, invitation, or recommendation to buy or sell any securities of the Company, nor shall it form the basis of or be relied upon in connection with any contract or investment decision.
The information contained in this Presentation has been compiled from sources believed to be reliable and from data internally generated by the Company. However, the Company makes no representation or warranty, express or implied, as to the accuracy, completeness, reliability or fairness of the information and opinions contained herein.
This Presentation contains forward-looking statements regarding the Company's business strategy, future operations, financial condition, plans, and objectives. These statements are subject to risks, uncertainties, and assumptions that could cause actual results to differ materially from those described.
STRING METAVERSE LTD
A Web 3.0 Enterprise

String Metaverse – FY26 Annual Highlights
- Revenue Growth FY26: Achieved ₹1,076.55 Cr revenue, up 163.72% YoY from ₹408.22 Cr in FY25.
- EBITDA FY26: EBITDA rose 189.50% YoY to ₹122.88 Cr, reflecting exceptional operational leverage.
- Profit Expansion: PAT surged 190.89% YoY to ₹102.53 Cr, reflecting strong bottom-line growth.
- Ecosystem User Milestone: Crossed 5 million users across the String ecosystem.
- DeFi & Tokenized Assets: DeFi and tokenized asset volumes surpassed $220+ Million.
- Derivatives Trading: Achieved $4+ Billion in derivatives volume on centralized (CEX) exchanges.
- Bills on Chain: Launched Phase 1 of the Bills on Chain partnership with Hedera Blockchain, tokenizing bills on-chain.
- String Pay X Card: Introduced the String Pay X virtual crypto-backed debit card in partnership with Visa, with access across 150+ countries.
STRING METAVENSE LTD
A Web 3.0 Enterprise
Annual Growth Performance: FY26 vs FY25 (YoY)
| REVENUE FROM OPERATIONS | OPERATING EBITDA | PROFIT AFTER TAX (PAT) |
|---|---|---|
| ↑ +163.7% | ||
| ₹1,076.55 Cr | ||
| FY25: ₹408.22 Cr | ↑ +189.5% | |
| ₹121.88 Cr | ||
| FY25: ₹42.08 Cr | ↑ +190.8% | |
| ₹102.53 Cr | ||
| FY25: ₹35.24 Cr |
Q4 FY26 delivers ₹365.42 Cr revenue and ₹34.71 Cr PAT — the strongest quarter on record, with full-year FY26 revenue reaching ₹1,076.55 Cr and ₹102.53 Cr PAT.

Revenue ₹ Cr

PAT ₹ Cr

[50% YoY Revenue Growth] + [10.3% PAT Margin] = [60.30%]
The Rule of 40 is a guiding principle for evaluating the health and growth potential of companies, stating that a company's combined revenue growth rate and profit margin should equal or exceed 40%.
For FY26, String Metaverse delivered 50% YoY revenue growth and a 10.3% PAT margin, resulting in a Rule of 40 score of 60.30% — 1.5x the SaaS benchmark.
STRING METAVERSE LTD
A Web 2.0 Enterprise
Leadership Team
Ganesh Meenavalli, Managing Director

BA Finance & Banking. Head of Global Operations & heading digital asset advisory, String Ventures & Esports Division.
Dr. Raghavendra Hunasgi, Chief Executive Officer

BA Finance & Investment, Natural Business acumen, Expert in Financial Analysis & Risk Management. Head of Operations & product development in India.
Santosh Althuru, Executive Director

MS in finance. 2+ years in quant modelling, High Frequency trading. Head of UAE operations, market making & AI Commerce.
CA Hemant P Vastani, Chief Financial Officer

Serial entrepreneur, co-founder of Unicorn Web3 (Zeebu), Top 100 CMOs in the world, Bestselling author, investor and global speaker.
Krishna Meenavalli, Executive Director

A seasoned Chartered Accountant and GST expert with over three decades of diverse experience across both industry and professional practice.
Lingam Murthy Gaddi, COO & Technology Architect

20 years' experience in low-latency C++ programming, implemented highly scalable HFT architectures for Singapore Exchange (SGX), NSE, ICE, NASDAQ, & TOCOM. Currently, he is heading High Frequency Trading & implementing scalable solutions.
Licensed and Regulated Across Key Global Hubs
Canada
- String Pay X LTD
- Canada MSB Banking License
UAE (IFZA Free Zone)
- Kling Digital Assets PVT LTD
- String Esports, RWA Tokenization
UAE (Dist. Al Hub)
- String DePIN & Al, String Digital Assets
- Blockchain node operation, Treasury Management
Hong Kong
- String Fintech HK PVT LTD
- Game Dev, Blockchain Dev, Web 3.0 Ad Network
Singapore
- String Digi Tech PTE LTD
- Web3.0 Ad Network, Blockchain Validation Nodes
India
- String Metaverse LTD, Fintech PVT LTD, Forex PVT LTD
- Back office, Software Dev
United Kingdom
- Fans On Chain
- 50% Subsidiary

STRING METAVERSE LTD
A Web 3.0 Enterprise
A Financial Operating System to Monetize the On-Chain Economy
We turn tokenized assets, Web3 infrastructure, and gaming attention into a seamless flow of liquidity.

Gaming Attention $\rightarrow$ Liquidity

Tokenized Real World Asset (RWA)

Web3/ Blockchain Infra

HFT

Global Payment Rails
We Solved Web3's Biggest Problem: Distribution.
5.2M+
Active Users
The Market Opportunity:
Total Global Gamers: 3 Billion
Projected Web3 Gamers by 2028: 100-150 Million
We have a massive runway for growth and a proven, capital-efficient engine to capture it.

On-Chain Validation: The Model is Live and Profitable at Scale
$220 Million+
Total Volume: Cumulative on-chain volume across all IDLE tokenized asset pairs
$1.2–1.3 Million
Average Daily Volume: Sustained Daily Trading Activity across all IDLE pools
Idle Walk: Turn Daily Steps Into IDLE Token Rewards
The Concept
A walk-to-earn mobile game that rewards users with IDLE tokens for hitting daily step goals.
Players compete on weekly/monthly leaderboards.

How Players Earn
- Hit Daily Step Goals
(Earn IDLE each day)
↓ - Climb the Leaderboard
(Compete for top-rank token rewards)
Monetization Engine

IAP Boosters
(One-off in-app purchases that temporarily multiply step rewards)

Idle Pass Subscription
(Monthly subscription unlocking premium earning rates)
String Pay X: The Macro Bridge Between Web3 and Global Finance
The Web3 Payment Gap
The Paradox:
$1.2B+ <1%
Global Crypto Users Use Crypto for Daily Payments
The Friction: Users face complex off-ramping conversions, high withdrawal fees, and near-zero direct merchant acceptance. Liquidity is trapped on-chain.
Bridging On-Chain to Off-Chain
Consumer Crypto Cards (Powered by VISA):
Spend stablecoins/tokens instantly. No manual pre-sale required. Physical and virtual.
Multi-Currency IBANs:
Dedicated banking accounts linked to crypto wallet.
Store/transfer fiat alongside digital assets.
| Capability | Traditional Exchanges | Traditional Banks | String Pay X |
|---|---|---|---|
| Direct Trading | Yes | No | Yes |
| Multi-Currency IBAN | No | Yes | Yes |
| Direct Spending Power | No | Yes - Fiat Only | Yes - Fiat & Crypto |
Immediate Market Impact: 5.2 Million confirmed users waiting for Q3 2026 activation — a built-in community demanding an immediate banking bridge.
Bills on Chain × Hedera (Tokenizing everyday bills on the Hedera blockchain)

Snap & Upload:
Photograph any bill or receipt.


AI Verify:
OCR + ML extract and validate details.

Earn IDLE:
Token rewards drop into the user wallet.

Anchor On-Chain:
Zero-knowledge hash committed to Hedera.
Built on Hedera — governed by the world's leading enterprises.
Hedera
Powering the next era of agentic AI at scale.
100 MEGAWATTS
(Planned dedicated compute capacity)

Scale: High-density GPU for agent training & inference.

Integration: Compute for Gaming & AI and Digital Advisory.

Positioning: Stake in the fast-growing AI infrastructure layer.
String Metaverse is planning a 100 MW AI Data Center... By owning dedicated compute, String Metaverse can scale independently, control costs, and capture the infrastructure layer that underpins the emerging agent economy.
"Agentic commerce isn't priced in yet. Machine-to-machine payments will increase demand for the digital dollar... The agentic economy could be larger than the human economy." — Brian Armstrong, CEO, Coinbase.

Investor Relations & Company Contact
- M. Chowda Reddy, Company Secretary
- [email protected]
- +91 90004 21290
- www.stringmetaverse.com
STRING METAVERSE LTD
A Web 3.0 Enterprise
© 2026 String Metaverse Ltd. All Rights Reserved.