Gaming Website Investment Opportunity in Gurgaon, India
|Employees||10 - 50|
|Legal Entity||Sole Proprietorship/Sole Trader|
|Run Rate Sales||USD 24 thousand|
|EBITDA Margin||10 %|
|Local Time||4:20 PM Asia / Kolkata|
|Listed By||Business Owner / Director|
- Offer online fantasy league matches in cricket and soccer. Cricket is the more popular match format. Have an Android application as well.
- Have over 13,000 registered users on the platform. Receive over 100 - 200 new users every day.
- Matches and competitions are based on real-time cricket and soccer matches happening around the world. User is notified about the playing 11 before the match begins so that they can update and format their team accordingly.
- User registration is free. A minimum of INR 100 is required to be present in the account to withdraw winnings.
- Have an inbuilt API that provides real-time data and it is synced with platforms such as ESPN. Scores are updated after every over in the case of cricket. In the case of football, it is updated every 2 minutes.
- Each match has over 46-50 competitions. The number of players that can apply for each competition within the current match varies. The larger the number of players, the greater the reward pool. Winnings are distributed after 10% - 20% commission has been charged by the company as compensation for hosting the fantasy match.
- Utilize YouTube and Telegram groups to market their platform. Have reached an agreement with the owners of Telegram groups. Telegram group owner directs users over to the website based on a referral system. A small commission is charged by the telegram owner as compensation for redirecting users over to the website.
Fantasy cricket and football matches. Planning to add more sports and games.
800 square feet property on lease. Paying a monthly rent of INR 25,000. Duration of the agreement is one year.
Earlier than 15 daysIT Manager, IT, New York, Individual Investor / Buyer connected with this business
Earlier than 15 daysIntern, Business Consulting & Market Research, Mumbai, Individual Investor / Buyer connected with this business
Earlier than 15 daysAGM Strategy, Steel, Delhi, Individual Investor / Buyer connected with this business