News Agency Investment Opportunity in Bangalore, India
Global news aggregators based out of Bangalore.
This transaction has concluded.
| Established | 5-10 year(s) |
| Employees | 50 - 100 |
| Legal Entity | Private Limited Company |
| Reported Sales | Nil |
| Run Rate Sales | Nil |
| EBITDA Margin | Nil |
| Industries | News Agencies + 1 more |
| Locations | Bangalore |
| Local Time | 4:42 AM Asia / Kolkata |
| Listed By | Management Member |
| Status | Active |
Partial Stake Sale
USD
240 thousand
for
10.0%
stake
(Native Currency: INR 20,000,000)
Reason: For working capital and double the team size.
Includes physical assets worth
USD
50 thousand
Documents
Business Overview
- A unique business module of global news aggregators based out of Bangalore.
- It hosts content for more than 300 publications across the country.
- Also streams live TV channels, social news affairs.
- We look forward to expanding the business and double the number of employees.
- The website is absolutely free for a year and post that an user has to subscribe to a plan.
- As this business was recently started, it has not yet complete one year, therefore no sales. We would be charging users only after a year.
Products & Services Overview
Newspapers and TV Channels, e-Books & Political forum.
Facilities Overview
2 offices in Bangalore each with an area size of approx 4,000 Sq. Ft on rent.
Capitalization Overview
Not Disclosed
Recent Activity
-
Earlier than 15 daysIT Consultant, IT, Bangalore, Individual Investor / Buyer connected with the Business
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