Crypto Company Investment Opportunity in Bangalore, India
Established | 1-5 year(s) |
Employees | 5 - 10 |
Legal Entity | Private Limited Company |
Reported Sales | Nil |
Run Rate Sales | USD 30 thousand |
EBITDA Margin | Operating at loss |
Industries | Crypto |
Locations | Bangalore |
Local Time | 4:38 PM Asia / Kolkata |
Listed By | Business Owner / Director |
Status | Moderately Active |
- Our business is a crypto trading platform that offers 2 products which are, buying and selling of crypto assets and earning up to 17% APY interest on crypto assets.
- Currently, we have more than 700 users, with 1.5k+ app downloads, which has grown 15 times in the last 6 months.
- Our revenue model is to charge 3% commission on the amount initially invested in crypto assets and 0.6% on each transaction done by users.
- Company is generating losses at the moment as we are in the initial phase, our business has recently started its operations and we have expenses for marketing, and development at the moment. The expenses are borne by the co-founders.
- The application is developed and maintained by an in-house team.
- Business has 3 directors, one of the founders have previously worked at Flipkart, and studied at IIT BHU, and the other director has work experience in companies like upGrad, and Yes Bank and has studied at IIM Ahmedabad.
- We have forged partnerships with multiple players in the industry, Okx-world’s 3rd largest exchange, Fireblocks-world’s largest digital asset custodian solution provider, valued at $9 billion.
Crypto trading platform offering two products currently that are buying and selling of crypto assets, and earning interest on crypto assets.
Minimal pyshical assets, business owns intangible assets: IP of the exchange and the asset management business.
We have a rental office which is provided by a co-working rental services. We pay a monthly rent of INR 15,000.
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Earlier than 15 daysDirector, IT Services, New Delhi, Corporate Investor / Buyer connected with the Business
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Earlier than 15 daysExecutive Director, Resort And Real Estate, Bangalore, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysProject Head, FMCG, Bangalore, Corporate Investor / Buyer connected with the Business