Mobile App Seeking Loan in Hyderabad, India
Services booking application receiving around 100 bookings monthly seek a loan.
| Established | 5-10 year(s) |
| Employees | 10 - 50 |
| Legal Entity | Private Limited Company |
| Reported Sales | Nil |
| Run Rate Sales | USD 4 thousand |
| EBITDA Margin | 10 % |
| Industries | Mobile Apps |
| Locations | Hyderabad |
| Local Time | 3:33 AM Asia / Kolkata |
| Listed By | Management Member |
| Status | Active |
Seeking Loan
USD
27.7 thousand
for
9.0%
annual interest,
4
years
(Native Currency: INR 2,500,000)
Reason: Need funds for advertising.
The valuation is based on the projected revenue post-marketing.
The valuation is based on the projected revenue post-marketing.
Collateral Available: USD 0
Includes physical assets worth
USD
6.7 thousand
Documents
ROC-Verification.pdf
(66.1 KB)
Business Overview
- The application has 100+ downloads.
- We have 2 revenue models. One is by charging membership fees of INR 999 and the other is by charging a commission of 10% on the booking.
- Currently, have onboarded 300-400 customers.
- We receive around 100 bookings monthly. The operations started recently.
- The promoter has 6 years of experience in this industry.
- We have a team of 17 employees (customer service, software developers, and marketing).
- The company is registered in Chirla but the operations is based out of Hyderabad.
- We have 2 revenue models. One is by charging membership fees of INR 999 and the other is by charging a commission of 10% on the booking.
- Currently, have onboarded 300-400 customers.
- We receive around 100 bookings monthly. The operations started recently.
- The promoter has 6 years of experience in this industry.
- We have a team of 17 employees (customer service, software developers, and marketing).
- The company is registered in Chirla but the operations is based out of Hyderabad.
Products & Services Overview
Mobile app to book services like plumber, electrician, carpenter, etc.
Assets Overview
Tangible assets include AC, 5 printing machines and tables.
Facilities Overview
Office is located in the south of the city on a 1,000 sqft area with a monthly rent of INR 35,000.
Capitalization Overview
- Company has 4 directors with one director holding 40% shares.- Business has no loan.
Recent Activity
-
Earlier than 15 daysDirector, IT, Hyderabad, Individual Investor / Buyer connected with the Business
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