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Mobile App Investment Opportunity in Karad, India

Development company with a mobile application for mosques seeks investment for global expansion.

Established 0-1 year(s)
Employees 5 - 10
Legal Entity Private Limited Company
Reported Sales Nil
Run Rate Sales USD 2.2 thousand
EBITDA Margin 40 %
Industries Mobile Apps
Locations  Karad
Local Time 3:19 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Investment
USD 60 thousand for 20.0% stake (Native Currency: INR 5,000,000)
Reason: - Need funds to market the product globally.
- The valuation is based on future projections.
Includes physical assets worth USD 43 thousand
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Business Overview

- Mobile application development company for Mosques.

- Mosques all over the world are working on papers for their financial accounting. But here, we can handle accounts paperless. For making an annual audit of mosques it is necessary to have purchases, expenses, and bills clear. But while handling accounts on paper sometimes hardcopy of bills can be missed. To overcome this problem our product is useful.

- In India, there are over 1 crore mosques and there is no single platform for their income and expenses management.

- Our product is a subscription-based app for 299/- per year with the first three months being free and have over 100 subscribers.

- Users can easily make reports with just one click.

- Company is OPC and has no debts or liabilities.

- The investor will get the stake only in the app and not the entity.

Products & Services Overview

App that allows users to annual audit, file income tax returns, bill clearance, purchase, and expense accounting.

Assets Overview

Tangible- fully furnished office with 3 employees desks and 5 laptops with internet connection.

Intangible- application.

Facilities Overview

One room (20*20 sq ft) own office on the ground floor.

Capitalization Overview
Not Disclosed
Recent Activity
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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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