Crypto Company Investment Opportunity in Bengaluru, India
Crypto trading platform offering 2 products and has 2,000+ users is seeking equity capital.
Premium Plan
| Established | 1-5 year(s) |
| Employees | 5 - 10 |
| Legal Entity | Private Limited Company |
| Reported Sales | Nil |
| Run Rate Sales | USD 28 thousand |
| EBITDA Margin | Operating at loss |
| Industries | Crypto |
| Locations | Bengaluru |
| Local Time | 9:40 PM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Moderately Active |
Partial Stake Sale
USD
1.16 million
for
20.0%
stake
(Native Currency: INR 100,000,000)
Reason: The capital raised will be utilized for the following:
37% will be used for hiring great engineers ...
View More
Includes physical assets worth
USD
2.3 thousand
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
Certificate of Incorporation
(524.4 KB)
Domain-Verification.pdf
(213.1 KB)
App Splash Screen
(22.9 KB)
User Interface
(38.8 KB)
Portfolio
(31.9 KB)
Market
(36.5 KB)
TAN
(1.2 MB)
ROC-Verification.pdf
(73.9 KB)
Business Overview
- 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.
- 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.
Products & Services Overview
Crypto trading platform offering two products currently that are buying and selling of crypto assets, and earning interest on crypto assets.
Assets Overview
Minimal pyshical assets, business owns intangible assets: IP of the exchange and the asset management business.
Facilities Overview
We have a rental office which is provided by a co-working rental services. We pay a monthly rent of INR 15,000.
Capitalization Overview
Not Disclosed
Recent Activity
-
Earlier than 15 daysDirector, IT Services, New Delhi, Corporate Investor / Buyer connected with the Business
-
Earlier than 15 daysExecutive Director, Resort And Real Estate, Bengaluru, Individual Investor / Buyer connected with the Business
-
Earlier than 15 daysProject Head, FMCG, Bengaluru, Corporate Investor / Buyer connected with the Business
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