Newly Established Digital Publishing Business Investment Opportunity in Bharatpur, India
Established | 0-1 year(s) |
Employees | 2 - 5 |
Legal Entity | Sole Proprietorship/Sole Trader |
Reported Sales | Nil |
Run Rate Sales | Nil |
EBITDA Margin | Nil |
Industries | Digital Publishing |
Locations | Bharatpur |
Local Time | 8:44 AM Asia / Kolkata |
Listed By | Business Owner / Director |
Status | Active |
1. Opportunity.
The demand for online novels is booming. People are looking for engaging stories they can easily access on their phones and computers. However, many existing platforms face challenges:
- High costs for readers: Many platforms can be expensive for readers to keep up with their favorite stories.
- Unfair terms for authors: Authors often don’t receive the best royalties or support on existing platforms.
- Limited content variety: Readers want diverse stories from around the world, but many platforms focus on a narrow range of genres or languages.
This creates a huge opportunity to build a platform that is better for both readers and authors.
2. Our solution: A reader & author-focused platform.
Our platform will be a website and app where readers can discover and enjoy a wide variety of online novels at affordable prices. We will stand out by:
- Cost-effective content: Offering competitive pricing to make reading accessible to more people.
- Diverse content library: Featuring original novels across all genres, along with high-quality translations from multiple languages.
- Author-centric approach: Providing better royalties and incentives to original authors, creating a supportive platform for talented writers.
- User-friendly platform: Ensuring a smooth reading experience with excellent UI/UX, accessibility features, multi-language support, and audiobooks.
- Engaging community: Encouraging reader and author interaction through features like fan sessions and merchandise.
3. Business model & revenue streams.
Our platform will generate revenue through multiple streams:
- Chapter sales: Readers will purchase novel chapters using in-app currency.
- Sponsorships: We will collaborate with relevant brands for platform sponsorships without intrusive ads.
- Merchandise: We will launch branded merchandise related to popular novels and characters.
- Fan sessions: Hosting online and offline fan sessions with authors, either paid or sponsored.
- Author donations: Readers will have the option to donate directly to their favorite authors.
4. Market & competition.
The online novel market is large and growing rapidly. While we will compete with established players, our key advantages will help us capture a significant share:
- Cost advantage: More affordable content to attract budget-conscious readers.
- Author focus: Better terms and incentives to attract top talent and high-quality original content.
- Experience & community: With extensive experience in fan translation and an existing reader base, we have a deep understanding of market needs.
- Quality & innovation: A superior user experience with innovative features like multi-language support and audiobooks.
Our team has been building a community and gaining deep insights into the online novel industry. We are now fully committed to scaling into a global platform.
5. Financial projections & investment highlights.
We are seeking an investment of ₹5 crore in exchange for a 15% equity stake. This investment will be allocated strategically to:
- Technology development: Building a robust mobile app and enhancing our website.
- Content acquisition: Securing copyrights for translated works and commissioning original novels.
- Author payments & incentives: Attracting and retaining talented authors with competitive royalties and support.
- Marketing & user acquisition: Expanding our reach through targeted campaigns.
- Team expansion: Hiring key personnel, including editors, designers, and tech developers.
- Operational expenses & contingency: Covering initial costs with a buffer for unforeseen expenses.
With this investment, we will rapidly grow our user base, content library, and revenue, establishing ourselves as a major player in the online novel industry. Offering a 15% stake at this early stage presents an exciting opportunity for investors to join a high-growth venture with significant future potential.
6. Vision & future goals.
Our vision is to become the leading global platform for online novels, connecting readers with diverse and captivating stories from around the world.
In the next 1-2 years, we aim to:
- Launch our mobile app and enhance our website features.
- Build a library of hundreds of original and translated novels.
- Reach 20,000 paid monthly users.
- Establish strong relationships with authors and translators.
Within five years, we aspire to be a recognized and respected brand in the online entertainment industry, known for quality content, author support, and a thriving reader community.
Catering to book lovers and readers.
- Existing website platform and domain name.
- Brand name.
- Content library of fan translations.
- Existing user base of authenticated subscribers.
- Team expertise in translation, editing, community management, and online publishing.
- Business processes and workflows developed during fan translation activities.
- Social media accounts.
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Earlier than 15 daysDirector, New York City, Business Broker connected with the Business