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Asset Management Company Investment Opportunity in Mumbai, India

Company that has developed an investment application on which a user gets 5-15% returns pm.
This Business is on a Premium Plan
Established 1-5 year(s)
Employees 50 - 100
Legal Entity Private Limited Company
Reported Sales USD 4.6 million
Run Rate Sales USD 1.37 million
EBITDA Margin 20 %
Industries Asset Management
Locations  Mumbai
Local Time 8:44 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Partial Stake Sale
USD 1.14 million for 10.0% stake (Native Currency: INR 100,000,000)
Reason: Currently, the company is looking for an investor to use funds in marketing and to strengthen its st... View More
Includes physical assets worth USD 11.4 thousand
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Business Name
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Business Overview
- 38k active users in 5 months.
- On boarded Suresh Raina as a brand ambassador.
- Received award from Shri Nitin Gadkari for contribution to the financial field.
- Promoter is a well-known entrepreneur.
- The app has faced many issues from the payment gateway side which resulted in the loss of ratings which the company is already working to improve the service.
Products & Services Overview
Investment based application which provides daily returns.
Assets Overview
Tangible assets include 10 iPhones and 20 desktops.
Facilities Overview
Currently, we are having a rented office in Mumbai which we use for customer support.
The office is located in the west of the city on 1,200 sqft with a monthly rent of INR 1.5 lakhs.
Capitalization Overview
- Bootstraped with user fund.
- Company has 2 directors with the main director holding 97%.
Recent Activity
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9 Investors already contacted this Business. Register below to connect now!
Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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