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Mobile App Seeking Loan in Pune, India

Pre-revenue real estate listing app enabling sellers to promote properties, seeks funding for launch.

Established 0-1 year(s)
Employees 10 - 50
Legal Entity Other
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Real Estate Agencies + 1 more
Locations  Pune
Local Time 11:51 PM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Seeking Loan
USD 54 thousand for 13.0% annual interest, 2 years (Native Currency: INR 5,000,000)
Reason: Seeking funding to support the launch and marketing of our app. We are seeking interest-based fund r... View More
Collateral Available: USD 0
Name, Phone, Email
Available after connect
Business Name
Not disclosed
User Verification
Documents
Business Overview
- Launching a real estate property listing app aimed at helping sellers showcase their properties easily.
- The app is set to launch on iOS and Android Play Store later this month, and is already developed and ready to go.
- Currently in pre-revenue stage, and looking for funding to kickstart our marketing efforts and handle staff salaries.
- Our revenue model will be based on charging sellers a monthly or annual subscription fee for listing their properties.
- Additionally, sellers can promote their listings for more visibility, which is another revenue stream for us.
- Buyers can browse and search properties for free, no charges for them, which we believe makes our platform appealing.
- The platform is not registered yet, but we don’t require any industry-specific licenses or certifications to operate in this space.
Products & Services Overview
- The business offers a real estate property listing platform targeted at both residential and commercial properties, enabling property owners, brokers, and developers to list, manage, and promote their properties through subscription-based and paid promotional listing services.
- Sellers use the platform to upload property details, images, and pricing information, as well as purchase visibility-enhancement features to reach more potential buyers, while property seekers use the app free of charge to browse, search, and connect with sellers for potential purchase or leasing opportunities.
Assets Overview
The business doesn't have any physical assets of significant value.
Intangible assets include business plan and app source code.
Facilities Overview
There is no dedicated office facility at present; the team is working remotely.
Capitalization Overview
Self-funded.
No outstanding loans or external funds raised.
There are 2 partners in the business.
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. Note that SMERGERS is not liable for any loss, damage, costs, claims and expenses whatsoever arising from transacting with any other user from the website. The final responsibility of conducting a thorough due diligence and taking the transaction forward lies with the users. Please read best practices on SMERGERS.
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3 Investors viewed this Business this month. Register below to connect now!
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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