Crypto Company Investment Opportunity in Bangalore, India

Highly advanced cyptocurrency trading platform with 10,000/monthly visitors and 10 new registrations daily seeks investment.
This Business is on a Premium Plan
Established
Employees
Legal Entity
Reported Sales
Run Rate Sales USD 80 thousand
EBITDA Margin Operating at loss
Industries Crypto
Locations  Bangalore
Local Time 5:56 PM India
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Investment
USD 900 thousand for 40.0% stake (Native Currency: INR 70,000,000)
Reason: Key areas where the money will be used include: increasing the user base in India, ensuring hassle-f... View More
Includes physical assets worth USD 7 thousand
Interested to connect with advisors
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Business Name
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User Verification
Documents
Pitch Deck
Business Plan
AOA
MOA
Business Overview

- Cryptocurrency is in its novel stage within the Indian market and possesses huge potential for growth in the years to come.

- It is estimated that the Indian crypto market (which is currently worth $1.5 billion) will stand close to 50 billion dollars within the next two years.

- Our current mission is to educate and introduce Indians users to the cryptocurrency industry.

- We have over 10,000 users visiting our platform on a monthly basis and we witness 10 registrations per day on average.

- Some important features of our platform include: a simplified UI/UX design that eliminates any confusion without sacrificing on utility, option to buy and sell crypto through Fiat currency, fast withdrawal of Fiat currency, enhanced security with multi-level authentication, and a fast KYC procedure.

- Some benefits of our platform are free trading until the promotional period ends. There is a high trade reward of 0.1% on buy and sell volume generated on a daily basis to traders that have settled down on our platform (once a month). Users also get a 50% discount on trading fees of all the items listed with a specific pair once the promotional period ends. Running into a loss currently due to heavy promotions from the business' side to increase the size of the user base and also due to some investments into marketing.

- We generate revenue on the basis of a commission model. There is low competition in the Indian crypto market currently with no monopoly. Ticket size maybe low but there are high volume trades. We also have a first mover advantage in this market and can get support from global brokerage firms Our team is also highly skilled.

Products & Services Overview

Offer spot-trading for cryptocurrency exchange in INR pair, future trading exchange in INR pair (first in India). Users can transact with Bitcoin, Litecoin, Ripple, Ethereum, Tron and other top cryptocurrencies.

Assets Overview

We own 15 laptops and 10 desktops along with some tables and chairs, air conditioner, fans.

Facilities Overview
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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