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Asset Management Company Investment Opportunity in Mumbai, India

Company that has developed an investment application on which a user gets 5-15% returns pm.
This Business is on a Premium Plan
Established 1-5 year(s)
Employees 50 - 100
Legal Entity Private Limited Company
Reported Sales USD 5 million
Run Rate Sales USD 1.4 million
EBITDA Margin 20 %
Industries Asset Management
Locations  Mumbai
Local Time 11:11 AM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Partial Stake Sale
USD 1.2 million for 10.0% stake (Native Currency: INR 100,000,000)
Reason: Currently, the company is looking for an investor to use funds in marketing and to strengthen its st... View More
Includes physical assets worth USD 12 thousand
Interested to connect with advisors
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Business Name
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Business Overview

- 38k active users in 5 months.

- On boarded Suresh Raina as a brand ambassador.

- Received award from Shri Nitin Gadkari for contribution to the financial field.

- Promoter is a well-known entrepreneur.

- The app has faced many issues from the payment gateway side which resulted in the loss of ratings which the company is already working to improve the service.

Products & Services Overview

Investment based application which provides daily returns.

Assets Overview

Tangible assets include 10 iPhones and 20 desktops.

Facilities Overview

Currently, we are having a rented office in Mumbai which we use for customer support.

The office is located in the west of the city on 1,200 sqft with a monthly rent of INR 1.5 lakhs.

Capitalization Overview

- Bootstraped with user fund.

- Company has 2 directors with the main director holding 97%.

Recent Activity
  • Earlier than 15 days
    Head Of Customer Relationship, Mumbai, Financial Consultant connected with the Business
  • Earlier than 15 days
    Director, Mumbai, Financial Consultant connected with the Business
  • Earlier than 15 days
    Director, Mumbai, Financial Advisor connected with the Business
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350 Investors viewed this Business.
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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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