News Agency Investment Opportunity in Noida, India
Hindi news portal covering stories such as politics, business, entertainment, fashion & lifestyle.
This transaction has concluded.
| 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 | 30 % |
| Industries | News Agencies + 1 more |
| Locations | Noida |
| Local Time | 1:27 PM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Active |
Partial Stake Sale
USD
120 thousand
for
25.0%
stake
(Native Currency: INR 10,000,000)
Reason: Setup offices in different cities and invest in promotional activities to increase subscriber and ge...
View More
Includes physical assets worth
USD
6 thousand
Documents
Business Overview
- We are running a Hindi news portal which covers diverse fields such as politics, business, entertainment, fashion & lifestyle.
- We currently get 30,000 hits on our website and have only recently launched the portal.
- Have many local agents and reporters in our network providing us the latest news.
- Revenue model: Ads on the website.
- Founder has 17 years of industry experience. Have also worked at Dainik Jagran. In the past, he as also served as North India head of a reputed company.
- Post funding we plan to establish offices in 13 states and plan to generate 4 crore hits on our website.
Products & Services Overview
Hindi news portal.
Facilities Overview
1,800 Sq Ft of rented area on the 2nd floor.
Capitalization Overview
Not Disclosed
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