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Small Mobile App Investment Opportunity in Kochi, India

Start-up with unique application to discover one's city seeks fund to finance its marketing campaign.

Established 1-5 year(s)
Employees 5 - 10
Legal Entity Limited Liability Partnership (LLP)
Reported Sales USD 11 thousand
Run Rate Sales USD 14 thousand
EBITDA Margin Nil
Industries Mobile Apps
Locations  Kochi
Local Time 8:58 PM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Partial Stake Sale
USD 30 thousand for 49.0% stake (Native Currency: INR 2,500,000)
Reason: The owner is looking for an investor who shares their vision and will help the process of launching ... View More
Includes physical assets worth USD 6 thousand
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Business Name
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Business Overview

- Start-up that offers a chance to discover one's city through a mobile application.

- The application aggregates all entertainment experiences in the city and offers a chance to book these experiences.

- Test demo has been done successfully in Kochi (pre-Covid) and we are waiting to level up after receiving investments.

- Our target audience will be the local populace of the cities. This includes individuals and families.

- The application will earn revenue by charging the merchants a variable commission for listing on our app.

- We currently earn revenue from the sale of a privilege membership card for INR 2,000, but our main focus is to earn revenue through commissions.

- App and website have been developed by a third party.

- Mobile application is fully developed and will be relaunched in the next 4-5 months after a majority of the population is vaccinated.

- The project is a strategic, new concept and has the potential to be a monopoly.

Products & Services Overview

A platform for discovering your city. The app can be used to book various entertainment experiences in one's city.

Assets Overview

Physical assets include computers, laptops, printers, and office furniture.

Facilities Overview

Rented office of about 900 sq. ft. at a monthly rent of INR 15,000.

Capitalization Overview
Not Disclosed
Recent Activity
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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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