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Mobile App Investment Opportunity in Mumbai, India

Broadcast network of region-specific live TV + OTT platform in India seeks investment.
This Business is on a Premium Plan
Established 0-1 year(s)
Employees 5 - 10
Legal Entity Private Limited Company
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Mobile Apps
Locations  Mumbai
Local Time 1:39 AM Asia / Kolkata
Listed By Advisor / Business Broker
Status Active
Overall Rating
Seeking Investment
USD 60 thousand for 10.0% stake (Native Currency: INR 5,000,000)
Reason: For future expansion and growth.
Note: we do not charge any upfront/success fee from our investors.
Includes physical assets worth USD 2.5 thousand
Name, Phone, Email
Available after connect
Business Name
Not disclosed
User Verification
Documents
Business Overview

- Hyperlocal content in India is largely restricted to news and it is in form of uploaded videos. The current platforms are aggregators and not original creators.

- This platform will be India’s first-ever broadcast network of region-specific news and special interest groups. They will live-cast all content and create a 24-hour TV + OTT platform.

- The platform will earn revenue through a subscription-based model.

- Over the years, news has only been shown and perceived as a negative medium, but, there will be positive news, a showcase of community-building activities/projects, and news without any biased school of thought. The platform will discover, curate, and distribute local news and culture in a specific geography.

- This transaction is being handled by an advisory based in Mumbai.

Products & Services Overview

OTT platform (under development), trademark (applied) and laptops.

Assets Overview

4 laptops are owned by the business.

Broadcast equipment like cameras, editing machines, and high-end desktops are leased by the business.

Facilities Overview

They operate from a shared and leased office space in Bangalore.

Recent Activity
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3 Investors contacted this Business this week.
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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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