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News Agency Investment Opportunity in Thiruvananthapuram, India

Malayalam news app which provides short news in 75 words or less seeks investment.
This transaction has concluded.

Established 1-5 year(s)
Employees 5 - 10
Legal Entity Private Limited Company
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries News Agencies
Locations  Thiruvananthapuram
Local Time 8:50 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Partial Stake Sale
USD 12 thousand for 8.0% stake (Native Currency: INR 1,000,000)
Reason: - The business seeks investment for expansion and improving the app. - Business is offering fair va... View More
Includes physical assets worth USD 2.4 thousand
Interested to connect with advisors
Documents
Business Overview

- First short news app based in Kerala.

- We have our own app and website.

- The major USP is that we aggregate news from multiple sources and provide short news in 75 words or less.

- No revenue is generated as of now as we are in the beta version currently.

- Have 1,000 plus downloads on Google Play.

- Founders have 9 years of experience in the news field.

- Have a strong technical team and good customer base.

- Complete liabilities-free company owned by the two partners.

Products & Services Overview

- Short news app that collects, categorizes, and summarises news from a variety of news outlets and organizes it into one spot where news may be accessed in 75-word snippets.

- Whether it's the UI or the content, we keep things simple - only the fundamentals; no-nonsense.

- We cover sports, business, politics, technology, science, lifestyle, regional news, and breaking news.

Assets Overview

- Office furniture, systems, and basic equipment are the major tangible assets owned by the company.

- Website and apps are the intangible assets owned by the company as of now.

Facilities Overview

We operate in rental office space in a prime locality of Thiruvananthapuram.

Capitalization Overview
Not Disclosed
Recent Activity
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This transaction has concluded. View similar business opportunities on SMERGERS
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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