Entertainment Production Startup Equity Stake For Sale in Mumbai, India
| Established | 0-1 year(s) |
| Employees | 10 - 50 |
| Legal Entity | Private Limited Company |
| Reported Sales | Nil |
| Run Rate Sales | USD 8.8 thousand |
| EBITDA Margin | Operating at loss |
| Industries | Entertainment Production + 1 more |
| Locations | Mumbai |
| Local Time | 7:40 PM Asia / Kolkata |
| Listed By | Advisor / Business Broker |
| Status | Active |
- Average daily viewing time per user peaked at 22 minutes in May.
- Since its launch in February of this year, CPI has declined by 78%, reaching ₹2.2 in August this year, while CAC has declined by 91% to approximately ₹122. - Conversion rates have increased 3x since launch, indicating improving install quality, stronger conversion to paid users, and higher engagement at a lower acquisition cost.
- The current revenue model uses a ₹1 fully refundable paywall, providing full app access for one day, after which users are converted to a ₹29 weekly auto-debit subscription.
- The business requires 14 permanent employees to support content production, technology, marketing, and day-to-day operations.
- The company has MCA registration.
- Awards & recognition: The company’s original show won Best Microdrama in the crime genre at an international film festival in Russia, competing against productions from across the world.
- Traction & reputation: The app maintains a 4.5-star rating on the Google Play Store across approximately 700 reviews, supported by an organically grown Instagram following of around 18,000.
Strategic partnerships:
- Tata Play Binge: An in-app placement partnership designed to expand user reach and content discovery.
- Meesho: A discovery partnership providing Meesho users access to select shows and episodes, with the objective of driving engagement and subsequently converting users to download the app for full-length viewing.
Shareholding:
The company’s equity is held by three shareholders, with the two largest shareholders each holding 41.75%, while the third shareholder holds 16.5%.
Outstanding debt:
- ₹2 crore loan from an existing shareholder, structured with an option to convert into equity.
- ₹1.5 crore loan from another existing shareholder.