Gaming Website Investment Opportunity in Hyderabad, India
Hyderabad based online cash gaming company raising funds to restart the business.
| Established | 10-20 year(s) |
| Employees | 2 - 5 |
| Legal Entity | Private Limited Company |
| Reported Sales | Nil |
| Run Rate Sales | Nil |
| EBITDA Margin | Nil |
| Industries | Gaming Websites |
| Locations | Hyderabad |
| Local Time | 5:41 PM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Active |
Partial Stake Sale
USD
560 thousand
for
30.0%
stake
(Native Currency: INR 50,000,000)
Reason: For working capital & advertising.
Includes physical assets worth
USD
2.22 thousand
Interested to connect with advisors
Documents
ROC-Verification.pdf
(59.5 KB)
Business Overview
- Non-operational online gaming business, incorporated in 2012.
- Business has not been working since the last 6 months due to lack of funds.
- We were running 10 social games which are played by multi-users at a time.
- We had around 26K registered users and 10K active users.
- Revenue was generated by charging a user fee for playing social games.
- Funds received will be used for marketing and to revive business operations.
- Our latest annual revenue was INR 5 crore before stopping the operations and we plan to generate more than INR 10 cr in revenue in the future.
- Business has not been working since the last 6 months due to lack of funds.
- We were running 10 social games which are played by multi-users at a time.
- We had around 26K registered users and 10K active users.
- Revenue was generated by charging a user fee for playing social games.
- Funds received will be used for marketing and to revive business operations.
- Our latest annual revenue was INR 5 crore before stopping the operations and we plan to generate more than INR 10 cr in revenue in the future.
Products & Services Overview
Cash game - Rummy.Social games - Rummy, Poker, Blackjack, Slots and Uno.
Assets Overview
Computers, laptops, mobiles, game code, web, android and app store.
Facilities Overview
We do not have an office space since the business is not operational.
Capitalization Overview
Not Disclosed
Recent Activity
-
Earlier than 15 daysDirector, Payment Processing, Surat, Corporate Investor / Buyer connected with the Business
-
Earlier than 15 daysGeneral Manager, Beauty & Wellness, Hyderabad, Corporate Investor / Buyer connected with the Business
-
Earlier than 15 daysDirector, AI Data Centers, Dubai, Corporate Investor / Buyer connected with the Business
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