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Mobile App for Sale in Hyderabad, India

Social app for users to share feedback and updates about driving, roads and traffic.
This transaction has concluded.
This Business is on a Premium Plan
Established 5-10 year(s)
Employees 5 - 10
Legal Entity Private Limited Company
Reported Sales Nil
Run Rate Sales USD 30 thousand
EBITDA Margin 30 %
Industries Mobile Apps
Locations  Hyderabad
Local Time 6:07 AM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 50 thousand (Native Currency: INR 4,000,000)
Reason: Focusing on other businesses.
Includes physical assets worth USD 6 thousand
Interested to connect with advisors
Documents
Business Overview

- App that enables users to post feedback about how others are driving on the road.

- Apart from that, a user can also post updates about roads and traffic.

- It adds a social element to vehicles and driving.

- It is a more refined version of the "How am I driving" companies that have been hugely successful in the US and other countries.

- It has great application for today's road and traffic issues.

- There is a huge scope in terms of associating with the police department across the country and also a lot of private players who have an interest in reaching out to the vehicle owners.

- We have approval from MapmyIndia to conduct safety drives in 10 cities with a total sponsorship amount of INR 2 lakhs per city.

- Hyderabad Traffic Police has agreed to use the date captured on our app for issuing challans to motorists.

- Also partnering with various IT Companies and NGOs.

- We are in the process of signing up with one of the state government.

- So far we have 1,800 downloads on Play Store and iOS app would be launched in 15 days.

Products & Services Overview

Mobile app which allows users to give feedback on rash driving, road and traffic updates.

Facilities Overview

Office in Madhapur, rented for now. Not an infrastructure heavy business.

Capitalization Overview
Not Disclosed
Recent Activity
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This transaction has concluded. View similar business opportunities on SMERGERS
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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