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Newly Established News Agency Investment Opportunity in Jaipur, India

Jaipur based media company, in its pre-revenue stage, seeking investment for their first project development.

Established 0-1 year(s)
Employees 2 - 5
Legal Entity Private Limited Company
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries News Agencies
Locations  Jaipur
Local Time 10:20 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: Seeking investment for development of our first project, a news and information website and mobile a... View More
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Business Overview

- Media company, in its pre-revenue stage, based in Jaipur.

- We have started our first project, which is a news and information website and mobile application.

- The project is in its MVP stage.

- Uses a data blending method and encompasses a wide range of topics like: judiciary, technology, medical science, crime, religion, investigating agency, culture and many more in future phases.

- Revenue stream will be subscription - based of the mobile application.

- For the first financial year, we want to focus on customer acquisition and reach. Hence, we are targeting 500k to 800k free downloads.

- From the second year, we will be selling the subscription plans on monthly/quarterly/half-yearly/annually basis.

- Projecting an annual turnover of USD 9.5 million in the second financial year.

Products & Services Overview

News and information website and mobile application.

Encompasses a wide range of topics like: judiciary, technology, medical science, crime, religion, investigating agency, culture and many more in future phases.

App services will be sold on subscription basis.

Assets Overview

The company does not have any assets.

Facilities Overview

Currently, the business is operating from the promoter's residential address.

Capitalization Overview

Self-funding till date, willing to raised INR 1Cr to 10 Cr for mass scale revenue and success.

There are 3 directors, holding ownership of 45%, 50% and 5%.

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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