Entertainment Technical Services Company for Sale in Ahmedabad, India
For sale: Business that has developed an application with 2 million installs on Play Store.
This transaction has concluded.
| Established | 5-10 year(s) |
| Employees | 10 - 50 |
| Legal Entity | Private Limited Company |
| Reported Sales | Nil |
| Run Rate Sales | Nil |
| EBITDA Margin | Nil |
| Industries | Entertainment Technical Services + 1 more |
| Locations | Ahmedabad |
| Local Time | 2:09 PM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Moderately Active |
Full Sale
Asking Price:
USD
175 thousand
(Native Currency: INR 15,000,000)
Reason: The promoter wants to focus on another business.
Includes physical assets worth
USD
3.5 thousand
Documents
ROC-Verification.pdf
(73.8 KB)
Business Overview
- Our business is an application for short videos and video status where the users download our application for free and generate content on the application.
- Till date we have had 2 million downloads on Play Store, a total of 25 million of our application's content shared over Whatsapp and with an average user time of 7.20 minutes per day on the application.
- The application has content of 7,20,000 videos and 4,00,000 images.
- The business has been focused to acquire customers till now and has not generated revenue as it is a free platform for the audience. The revenue will be generated through advertisements and the buyer who takes up the business can also take up the contracts we have with advertisement firms where we share 10% of the revenue with them.
- Currently, we have been advertising our application through Facebook as well.
- We have an in-house team of 13 highly trained tech for development with a team of 20 moderators to check every video, audio & visual before it goes to the public domain.
- Our application is available in 12 languages across India.
- Till date we have had 2 million downloads on Play Store, a total of 25 million of our application's content shared over Whatsapp and with an average user time of 7.20 minutes per day on the application.
- The application has content of 7,20,000 videos and 4,00,000 images.
- The business has been focused to acquire customers till now and has not generated revenue as it is a free platform for the audience. The revenue will be generated through advertisements and the buyer who takes up the business can also take up the contracts we have with advertisement firms where we share 10% of the revenue with them.
- Currently, we have been advertising our application through Facebook as well.
- We have an in-house team of 13 highly trained tech for development with a team of 20 moderators to check every video, audio & visual before it goes to the public domain.
- Our application is available in 12 languages across India.
Products & Services Overview
Application for short videos and status videos.
Assets Overview
Office interiors and furniture. The business also owns the complete source/server codes, and play store application.
Facilities Overview
Rented facility of 900 sq. ft. with a monthly rent of INR 52,000 and a security deposit paid of 3 months' rent. The lease is transferable if the buyer is interested to take up the office space.
Capitalization Overview
Not Disclosed
Recent Activity
-
Earlier than 15 daysCEO, Business Services, Vijayawada, Corporate Investor / Buyer connected with the Business
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