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Mobile App for Sale in Kolkata, India

Consumer technology company operating three digital platforms in Kolkata, seeking full sale to strategic buyers.

Established 1-5 year(s)
Employees 5 - 10
Legal Entity Private Limited Company
Reported Sales USD 3.14 thousand
Run Rate Sales Nil
EBITDA Margin Operating at loss
Industries Mobile Apps
Locations  Kolkata
Local Time 4:28 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 420 thousand (Native Currency: INR 40,000,000)
Reason: The promoters are exploring a strategic exit to enable the next owner to bring in greater capital, d... View More
Includes physical assets worth USD 3.14 thousand
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Business Overview
- Founder-owned consumer technology company with 100% ownership of its source code, intellectual property and technology infrastructure.
- Operates three consumer platforms.
- Each platform has supporting Android and iOS applications, websites, backend systems, APIs and administrative dashboards, creating an operational technology base for an acquirer.
-The first business is the most commercially validated platform, with 50,000+ downloads and approximately 1,000 paid users, generating approximately ₹3 lakh in lifetime revenue to date.
- The other two business are in the early market-launch stage, with freelancers and Yaars onboarded across three cities and customer acquisition being initiated.
- The platforms include marketplace, booking, payment, verification and user-management infrastructure, supported by digital marketing assets and established technology, marketing and operational partners.
- The company operates with a lean team of approximately 6 employees from a leased corporate office in New Town, Kolkata, with limited physical infrastructure requirements.
- The business is currently generating negligible revenue, and therefore, we have reported the monthly sales as zero.
Products & Services Overview
Top-Selling Product/Service & Clientele:
The company is the leading commercial platform, serving individuals seeking serious matrimonial relationships. The business targets customers seeking verified local service providers, while other business serves customers seeking companionship, city assistance and local experiences.
Assets Overview
Tangible assets include furniture, fixtures and electronics.
Intangible assets include website, domain, incorporation certificate and GST certiifcate.
Facilities Overview
The company operates from a leased corporate office in New Town, Kolkata, supporting its management, operations and product activities. The office is currently staffed by a lean team of approximately 6 employees. As a technology-driven business, the company does not require significant physical infrastructure, manufacturing facilities or inventory. The monthly office rent is approximately INR 42,000 plus applicable taxes.
Capitalization Overview
The company is fully owned by the promoters/family, with no external investors or shareholders. The business has been primarily bootstrapped and funded by the promoters. Approximately ₹1 crore has been introduced progressively over the past 1.5 years and recorded in the books as an unsecured loan from the director/promoter. The company currently has no external debt or other material outstanding liabilities. The promoters collectively hold 100% of the company’s equity, with 2 directors.
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23 Buyers viewed this Business this week. 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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