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.
Partial Stake Sale
USD
56 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
2.23 thousand
In talks with 3 Investors