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Newly Established Broadcasting Company for Sale in Kolkata, India

Company operating Indian OTT platform with 3.6 lakh+ downloads on Play-Store seeks an equity investor.
This Business is on a Premium Plan
Established 0-1 year(s)
Employees 5 - 10
Legal Entity Private Limited Company
Reported Sales Nil
Run Rate Sales USD 200 thousand
EBITDA Margin 40 %
Industries Broadcasting + 1 more
Locations  Kolkata
Local Time 8:20 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 700 thousand (Native Currency: INR 50,000,000)
Reason: We are looking to sell out the brand as we wish to focus on hardcore filmmaking and we do not have e... View More
Includes physical assets worth USD 13 thousand
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Business Overview

- Company owns and operates an OTT platform.

- The platform was launched 3 months ago.

- It is the fastest-growing OTT platforms in India with 1 lakh+ download on Google Play-Store in the first month.

- Promotion through our Instagram handle with 90K followers, the Facebook page with 11K followers, and YouTube engagement of more than 1 lakh views.

- We earn revenue through a pay-per-video and subscription model.

- The monthly subscription starts at INR 39 and there is a limited lifetime subscription offer of INR 999.

- We have 50K+ active users, with 80% paying consumers. We recently reached a peak of 5,000 daily active users (DAU)

- Hindi language content, work is underway to integrate regional languages as well.

- Investor will get a 10% stake in the company that owns and operates this OTT platform.

- The owner has a led other businesses before they established this company.

- Only the brand is for sale and the legal entity is not included in this sale.

Products & Services Overview

Video content like web series and movies; more than 5 successful web series since launch.

Users can either pay-per-video or subscribe to any of our plans.

Assets Overview

Physical assets include tables, chairs, an Apple iMac computer, lights, and AC.

Our brand name, the OTT platform and its content are intangible assets.

Facilities Overview

Our office is on a rented floor near Acropolis mall Kasba.

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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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