Newly Established News Agency Investment Opportunity in Jaipur, India
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 | 10:46 AM Asia / Kolkata |
Listed By | Business Owner / Director |
Status | Active |
- 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.
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.
There are 3 directors, holding ownership of 45%, 50% and 5%.
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Earlier than 15 daysArea Marketing Manager, Airline, Indore, Individual Investor / Buyer connected with the Business