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Mobile Apps Company Investment Opportunity in Noida, India

Online platform promoting user engagement by offering wallet services and hosting online events.

Established 5-10 year(s)
Employees 5 - 10
Legal Entity Private Limited Company
Reported Sales Nil
Run Rate Sales USD 11 thousand
EBITDA Margin 20 %
Industries Mobile Apps + 1 more
Locations  Noida
Local Time 3:38 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Partial Stake Sale
USD 600 thousand for 15.0% stake (Native Currency: INR 50,000,000)
Reason: For upcoming feature, Product Enhacement, to reach a target of 10 million subscribers & 2 million ac... View More
Includes physical assets worth USD 1.2 thousand
Interested to connect with advisors
Documents
Business Overview

We are a year old software company, and have developed a social networking platform, which incorporates wallet services and also provides an online marketplace.

▪App was released in early 2018 and we have more than 1 lakh registered users. The platform is available on web and on Google Play Store.

▪Revenue generation for the app would be through our wallet service offering. We would charge 3 to 5% transaction fee for payments done through our wallet. We will also be providing online marketplace which is still under development and we would host events which users can participate by paying a fee. Online events would include talent show and conducting challenges which users have to pay to participate. Winners would receive gift vouchers and rewards. This would ensure engagement on the platform.

Products & Services Overview

Social media platform with wallet services, Social connect, Talent show, Pay now / wallet pay, Poll everywhere, Online store.

Facilities Overview

Rented office space of 400 Sq. Ft.

Capitalization Overview
Not Disclosed
Recent Activity
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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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