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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 7:15 AM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Partial Stake Sale
USD 600 thousand for 30.0% stake (Native Currency: INR 50,000,000)
Reason: For working capital & advertising.
Includes physical assets worth USD 2.4 thousand
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Not disclosed
User Verification
Documents
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.
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
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4 Investors already contacted this Business. Register below to connect now!
Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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