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News Agency Seeking Loan in Rewa, India

News and stories article publishing website, currently having 2,500+ articles listed.
This transaction has concluded.

Established 5-10 year(s)
Employees < 2
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries News Agencies + 1 more
Locations  Rewa
Local Time 10:26 PM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Seeking Loan
USD 2.9 thousand for 10.0% annual interest, 1 year (Native Currency: INR 250,000)
Reason: Setup an office, hire manpower and establish tie-ups with news agencies.
Collateral Available: USD 0
Includes physical assets worth USD 5.8 thousand
Interested to connect with advisors
Documents
Business Overview
It's a news and motivational article publishing website that aims to cover news on current affairs and publish motivational articles. The website currently has only motivational articles and stories, however, after raising funds, we plan to start publishing local and national news as well by establishing tie-ups with news agencies. We have listed 2,700+ articles & stories covering motivation, religion and fictional genres.
Our website is very basic at the moment and we receive about 600 visits per day. After raising funds, we will further improve the website and also develop a mobile app. Business only owns the codes of website and rights of all the articles.
We are in the pre-revenue stage. However, after organizing our operation, we would generate revenue through banner ads on our website.
Products & Services Overview
The website currently has articles and stories listed. After raising funds, we plan to publish local and national news.
Facilities Overview
Operating out of home office. Now trying to set-up an office.
Capitalization Overview
Not Disclosed
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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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