Gaming Website Seeking Loan in Kalaburagi, India

Company plans to start a fantasy sports platform to offer cricket, football, kabaddi gaming options to users.

Established From
Employees
Legal Entity
Reported Sales
Run Rate Sales
Nil
EBITDA Margin
Operating at break even
Industries
Mobile Apps + 1 more
Locations
Local Time
4:35 AM India
Listed By
Management Member
Status
Active
Overall Rating
Seeking Loan
USD 4 thousand for 12.0% annual interest, 2 years (Native Currency: INR 300,000)
Reason: We have all our apps ready to launch. We need funds to launch our mobile app, for marketing and prom... View More
Collateral Available: USD 2 thousand
Includes physical assets worth USD 2 thousand
Name, Phone, Email
Not disclosed
Business Name
Not disclosed
User Verification
Documents
Business Overview

- Company has developed a mobile app which includes cricket, football, kabaddi fantasy games for Android and iOS platforms.

- The mobile app is ready with on-going final testing and will be launched in a month's time.

- Users will be able to create a virtual player team and register for different gaming contests.

- We would generate revenue by charging an entry fee from the contestants and the winner would get a cash price at the end.

- We expect a user base of more than 1 lakh within 2 months of launch with an expected EBITDA positive revenue of INR 10 million in 2 years.

- In India, we have over 2 crore fantasy sports players who enjoy these services and this number is increasing every year.

- Company has a staff of 6 who are best in their respective fields like technology, marketing, promotion, development.

- Promoter has previously worked in this field and has more than 4 years of experience.

- Physical assets include computers, laptops and furniture.

Products & Services Overview

We have developed a mobile app with Cricket, Football, Kabaddi games for Android and iOS. The app would be launched soon.

Facilities Overview
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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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