News Agency Seeking Loan in Delhi, India
News channel that has a license for national broadcasting is looking to setup operations.
This transaction has concluded.
| Established | 5-10 year(s) |
| Employees | 5 - 10 |
| Legal Entity | Private Limited Company |
| Reported Sales | Nil |
| Run Rate Sales | USD 70 thousand |
| EBITDA Margin | 30 % |
| Industries | News Agencies |
| Locations | Delhi + 1 more |
| Local Time | 5:45 PM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Active |
Seeking Loan
USD
360 thousand
for
12.0%
annual interest,
5
years
(Native Currency: INR 30,000,000)
Reason: Looking to expand the business into national broadcasting again by setting up a bigger office in Del...
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Collateral Available: USD 18 thousand
Includes physical assets worth
USD
600 thousand
Documents
ROC-Verification.pdf
(59.7 KB)
Business Overview
We are a news channel that had been operating for a year but had been shut down for 3 months. We were being broadcasted on Tata Sky and Airtel. Now we are working offline and through YouTube and are looking to start an office in Delhi in order to start broadcasting again. Have license for national broadcasting ready. We have multiple reporters in different locations and have conducted numerous sting operations. We have been awarded by the Ministry of India for our efforts. Our studio is in Jaipur and have our in-house team who works on our platform.
Products & Services Overview
News broadcasts, Advertisements, Events, Media publishing and all media and news activities.
Facilities Overview
We have a rented 7,900 Sq Ft building with 3 floors on share agreement in Jaipur, Rajasthan.
Capitalization Overview
Not Disclosed
Recent Activity
-
Earlier than 15 daysDirector, Digital Technology, Delhi, Individual Investor / Buyer connected with the Business
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