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Cloud Software Business Investment Opportunity in Bilaspur, India

Cloud storage app with 40,000+ installs and 107th rank in productivity category seeks investment.
This Business is on a Premium Plan
Established 1-5 year(s)
Employees < 2
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales Nil
Run Rate Sales USD 71 thousand
EBITDA Margin 40 %
Industries Cloud Software
Locations  Bilaspur
Local Time 1:17 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Partial Stake Sale
USD 118 thousand for 15.0% stake (Native Currency: INR 10,000,000)
Reason: The investment will be used to scale up the business productivity by upgrading the products and also... View More
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Business Overview
- Business provides a cloud storage app on Play Store.
- We have reached 40,000+ downloads and have 15,000+ active users.
- The application has been developed in-house.
- Have started providing the service in the last 6 months and are currently ranked at 107th rank in the productivity category in Play Store.
- Have an aim to achieve 1 lakh downloads in the next 2 months.
- We generate revenue through subscription models and ad placements on our app.
- The promoter has 5 years of experience in the industry.
Products & Services Overview
- Cloud storage.
- Complete device backup.
- Data backup.
Assets Overview
No assets are owned by the company currently. The business owns the application and its source code worth INR 20,000.
Facilities Overview
Currently, we are operating remotely without an office.
Capitalization Overview
Not Disclosed
Recent Activity
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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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