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Internet Startup Investment Opportunity in Pune, India

Non-operational hyper-local advertisement platform helps small businesses in tier-2 cities gain visibility through an app.

Established 0-1 year(s)
Employees 2 - 5
Legal Entity Private Limited Company
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Internet
Locations  Pune
Local Time 5:14 AM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Partial Stake Sale
USD 29 thousand for 6.0% stake (Native Currency: INR 2,500,000)
Reason: The funding will be used for: - Upgradation of application. - Hiring more talent. - Marketing of ... View More
Includes physical assets worth USD 11.7 thousand
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Business Overview
- Based in Pune, the business is set to launch a hyper-local advertisement platform focusing on tier 2 cities.
- Plans to integrate local news in regional languages via APIs to enhance user engagement and relevance.
- Targeting small businesses and retailers, allowing them to list their services directly on the app for increased visibility.
- Initial pilot project set to commence in Solapur, with an objective to attract 50 to 100 business listings daily.
- Competitive listing fee of INR 29 per business, ensuring affordability for local entrepreneurs.
- Currently non-operational, facilitating a strategic market entry with MSME certification for credibility.
Products & Services Overview
The business will be a hyper-local advertisement platform with local news integrated into regional languages through APIs.
Small businesses and retailers will be able to list their businesses on our App and customers will be able to find them and contact them directly through our App.
We will be catering to businesses in tier 2 cities.
Assets Overview
The business has an app in the Play Store and a working website.
Facilities Overview
The business has rented a 250 sq ft office in Pune and incurs a monthly rent of INR 12k.
Capitalization Overview
The business has no loans and has 3 shareholders with 98/1/1 shareholding.
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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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