Mobile App for Sale in Noida, India
Mobile platform for sale: Engaging 200,000 users in meaningful social interactions.
| Established | 0-1 year(s) |
| Employees | 2 - 5 |
| Legal Entity | Private Limited Company |
| Reported Sales | USD 100 - 200 thousand |
| Run Rate Sales | USD 410 thousand |
| EBITDA Margin | 10 % |
| Industries | Mobile Apps |
| Locations | Noida |
| Local Time | 8:53 AM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Active |
Full Sale
Asking Price:
USD
580 thousand
(Native Currency: INR 51,000,000)
Reason: The owner is planning to move into a different venture and is therefore looking to sell the company.
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Business Overview
- Business overview: The company is a rapidly growing mobile platform registered in Kanpur that provides secure and paid one-on-one social interactions through audio, video, and chat sessions.
- The founders are currently located in Noida and Delhi but the business is headquartered in Noida.
- Core offering: It features a singular product that connects users with verified companions, known as buddies or healers, promoting safe and meaningful interactions.
- Target market: Young adults and professionals aged 21-40 in Tier 1 and Tier 2 cities in India are the primary users seeking privacy and quality social engagement.
- User Base: The platform has over 200,000 registered users, with a strong focus on repeat engagement and user retention, managed by a third-party vendor.
- The business has experienced significant growth compared to last year, driven by increased marketing spend.
- Revenue generation: Utilizes a microtransaction model, where users recharge their in-app wallets and are charged on a per-minute basis for live sessions, driving recurring revenue.
- Financial performance: The business has demonstrated impressive month-on-month growth since its launch and is nearing operational profitability, maintaining healthy gross margins.
- Leadership team: Founded by experienced professionals with expertise in product development, marketing, and consumer technology, ensuring robust business scaling.
- Strategic Partnerships: Engages with providers like Razorpay and Agora for secure payment processing and reliable communication infrastructure, enhancing user experience.
- The business currently has two interns and works with a third-party vendor focused on repeat engagement and user retention. Continuous marketing efforts and vendor support enable the company to generate steady revenue despite having only two permanent employees.
- Industry recognition: Gained appreciation for its privacy-first design approach, making significant inroads in India's emerging social technology landscape.
- Business has GST certificate and Incorporation certificate.
- The founders are currently located in Noida and Delhi but the business is headquartered in Noida.
- Core offering: It features a singular product that connects users with verified companions, known as buddies or healers, promoting safe and meaningful interactions.
- Target market: Young adults and professionals aged 21-40 in Tier 1 and Tier 2 cities in India are the primary users seeking privacy and quality social engagement.
- User Base: The platform has over 200,000 registered users, with a strong focus on repeat engagement and user retention, managed by a third-party vendor.
- The business has experienced significant growth compared to last year, driven by increased marketing spend.
- Revenue generation: Utilizes a microtransaction model, where users recharge their in-app wallets and are charged on a per-minute basis for live sessions, driving recurring revenue.
- Financial performance: The business has demonstrated impressive month-on-month growth since its launch and is nearing operational profitability, maintaining healthy gross margins.
- Leadership team: Founded by experienced professionals with expertise in product development, marketing, and consumer technology, ensuring robust business scaling.
- Strategic Partnerships: Engages with providers like Razorpay and Agora for secure payment processing and reliable communication infrastructure, enhancing user experience.
- The business currently has two interns and works with a third-party vendor focused on repeat engagement and user retention. Continuous marketing efforts and vendor support enable the company to generate steady revenue despite having only two permanent employees.
- Industry recognition: Gained appreciation for its privacy-first design approach, making significant inroads in India's emerging social technology landscape.
- Business has GST certificate and Incorporation certificate.
Products & Services Overview
The company’s sole offering is a mobile platform that enables paid 1:1 audio, video, and chat sessions between users and verified companions (buddies or healers).The platform primarily caters to young adults and professionals aged 21–40 from Tier 1 and Tier 2 Indian cities who seek safe, private, and meaningful social interactions.
Users top up their in-app wallets and are billed on a per-minute basis for each live session, creating a microtransaction-based model that encourages recurring engagement and steady revenue.
Assets Overview
Intangible assets: GST certificate and certificate of incorporation.The business does not possess any physical assets.
Facilities Overview
We have a virtual office registered in Noida, and all business operations are conducted remotely.
Capitalization Overview
The business is fully bootstrapped and funded exclusively by the two founding partners, with no external investors, debts, or loans.Shareholding is equally divided at 50-50.
It is a privately held company with two shareholders, each holding 50% ownership.
The company operates on internal accruals and has maintained zero financial liabilities since inception.
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