Mobile App Investment Opportunity in New Delhi, India
Established | 0-1 year(s) |
Employees | < 2 |
Legal Entity | Other |
Reported Sales | Nil |
Run Rate Sales | Nil |
EBITDA Margin | Nil |
Industries | Mobile Apps |
Locations | New Delhi |
Local Time | 2:04 AM Asia / Kolkata |
Listed By | Business Owner / Director |
Status | Active |
- The business will make money through subscription model supported thereafter by multi-product revenue lines based on the use case: targeted to several defined socioeconomic - age- gender- interest segments across localities and regions.
- This is a very interesting concept that has yet to be introduced and marketed to a target who is desperately looking for such unique services.
- Business is yet to be operational and our legal entity is not registered yet as well. We are currently raising funds.
- Promoter has over 30 years of management experience. Has been a CEO/ COO/ CXO of many large media companies (broadcast/ IP streaming/ OTT platforms etc) FMCG & service industries. Has successfully launched and turned around several companies.
Tentative target size: 30 crore individuals pan India.
The business will subsequently be launched in Europe as most suited to their lifestyle needs.
The intangible assets include the business idea and detailed business financials only.
The business will deliver revenues of over INR 100 crore (US$ 12 Million) on an investment of about INR 15 crore (US$ 2 million) within 12 months of commercial operations. (Expense of INR 15 crore will be spread over 15 months)
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Earlier than 15 daysMarketing Head, Manufacturing, Delhi, Corporate Investor / Buyer connected with the Business