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Mobile App Investment Opportunity in Chennai, India

Business having developed 2 mobile applications, require funds to launch and market both the apps.

Established 5-10 year(s)
Employees < 2
Legal Entity Private Limited Company
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Mobile Apps
Locations  Chennai
Local Time 10:49 AM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Partial Stake Sale
USD 120 thousand for 25.0% stake (Native Currency: INR 10,000,000)
Reason: Tapping global market, bringing more registered users and to implement the world's first digital mal... View More
Documents
Business Overview

- Business has developed 2 mobile applications and is based in Chennai.

- We are still in the pre-revenue phase, and both the apps have not been launched yet.

- The first application allows users to post surveys and quiz. Other users can participate in these surveys & quiz and get points post completion.

- Collecting points allows users to avail Amazon coupons and Paytm cash.

- Users who wish to upload surveys or quiz will have to purchase points from us. These points will be then distributed to users once they complete the task.

- Second source of revenue is through advertisement.

- The second mobile app is a micro-blogging social app. Users can upload articles, photos, videos and can follow or chat with other users.

- Revenue will be generated through advertisements for this app.

- Both apps are expected to be launched in 8-10 months.

- We are a private limited company and are recognized as startup by the Government.

- Business does not own any physical assets.

Products & Services Overview

1) App allowing users to upload quiz and surveys, other users will get rewards after completion of their tasks.

2) App for micro-blogging, upload articles, photos, videos and can follow or chat with other users.

Facilities Overview

No office space. Currently working from a home setup.

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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