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Small Mobile App Investment Opportunity in Delhi, India

Mobile-application that bridges the gap between retailers and customers with 3,500 users and 1,000 retailers.
This transaction has concluded.

Established 1-5 year(s)
Employees 10 - 50
Legal Entity Private Limited Company
Reported Sales Nil
Run Rate Sales USD 14 thousand
EBITDA Margin Nil
Industries Mobile Apps
Locations  Delhi
Local Time 12:39 AM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Partial Stake Sale
USD 60 thousand for 10.0% stake (Native Currency: INR 5,000,000)
Reason: We are waiting for some seed funding to launch this platform to a larger audience so that we can inc... View More
Interested to connect with advisors
Documents
Business Overview

- Have developed a mobile application whose primary aim is to support local brick and mortar retailers. The application was launched around 1.5 months ago.

- Our business is both B2B and B2C oriented.

- For the B2C aspect, our application offers games and surveys to our registered users. After playing a mini-game/filling a survey/watching a video, the user will be awarded with some points which can be redeemed at a local store. The points will be converted into money by the marketing company that has provided the survey/video. We charge a commission of 4-10% on the transaction to the retailers.

- We have reached out to over 10 pin codes in Delhi, India. Have over 1,000 retailers and 3,500 registered users on the platform. We have tied up with 2 marketing companies so far.

- For the B2B aspect, we promote certain brands at the retail stores that are tied up with us. The store owner is encouraged to promote a certain brand either through positive feedback/promotion and giveaways/special discounts. As a result, brands can increase their sales & market reach. Have promoted 1-2 brands so far. Receive a fixed sum from our clients for promoting their brands.

- We are also developing a special task-board for market research companies.

- Promoter has over 20+ years of experience in this particular sector.

Products & Services Overview

Have a B2B and B2C vertical. We promote brands through our B2B vertical.

Through our B2C vertical, our registered users can engage themselves by playing a mini-game/filling a survey/watching a video and redeem the points that they have earned from our application by visiting our nearest associated retailer.

Our panel is also very useful for market research agencies to conduct & collect survey responses with no additional cost.

Assets Overview

The business does not own any significant assets as of date.

Facilities Overview

Have a 700 square feet office that is taken on rent. Pay INR 70,000/monthly.

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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