Small News Agency Investment Opportunity in Kochi, India

Crowd sourcing news platform delivered through a mobile app with solid scrutiny of fake news.

Established	5-10 year(s)
Employees	10 - 50
Legal Entity	Private Limited Company
Reported Sales	Nil
Run Rate Sales	USD 4.3 thousand
EBITDA Margin	Nil
Industries	News Agencies + 1 more
Locations	Kochi
Local Time	9:46 AM Asia / Kolkata
Listed By	Business Owner / Director
Status	Moderately Active

5.9 / 10

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Partial Stake Sale

USD 120 thousand for 25.0% stake (Native Currency: INR 10,000,000)

Reason: - Increase the downloads to 1 lakh through promotional activities.
- Increase the team size.

Includes physical assets worth USD 6 thousand

Documents

ROC-Verification.pdf (59.6 KB)

Business Overview

Mobile app based crowd sourcing news platform delivered through proper examination and curation. Our app not only engages readers with updated news but enthrals them with a rewarding opportunity for their app related activities such as news reading, sharing as well as reacting to the broadcasted news. The platform covers breaking news, entertainment, campaigns and news of all other segments. The mobile app is live and have seen 10,000+ downloads.

Company has 4 segments of revenue which are eCommerce, advertisement, online bidding and online survey. Out of these, bidding will play highest role in generating revenue. Users can bid for products listed by us and it will be sold to the highest bidder. Users can use their rewards points as well for bidding and purchasing products through the eCommerce platform.

Founder has 5 years of experience working for a news agency and an advertising firm.

Products & Services Overview

- Crowd sourcing platform for news.

- eCommerce platform to electronic gadget and home appliances.

- Advertisement service for other companies.

- Online Bidding of electronic gadget and home appliances.

- Online survey of campaigns.

Facilities Overview

3,000 square feet of office area on rent.

Capitalization Overview

Not Disclosed

Recent Activity

Earlier than 15 days
Director, Education, Bangalore, Individual Investor / Buyer connected with the Business
Earlier than 15 days
President, IT Services, Houston, Corporate Investor / Buyer connected with the Business

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Small News Agency Investment Opportunity in Kochi, India

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