Need help?

Small Social Network Website Investment Opportunity in Mumbai, India

Airbnb for house parties - a community market place and an ecosystem for home-hosted experiences.
This Business is on a Premium Plan
Established 1-5 year(s)
Employees 5 - 10
Legal Entity Private Limited Company
Reported Sales USD 25 thousand
Run Rate Sales USD 23 thousand
EBITDA Margin Nil
Industries Mobile Apps + 1 more
Locations  Mumbai
Local Time 11:05 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Investment
USD 420 thousand for 20.0% stake (Native Currency: INR 31,500,000)
Reason: 1. Develop more technology and improve services.
2. Acquire more talents for expansion.
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Not disclosed
User Verification
Documents
Business Overview

- Online portal with a mobile app to host and attend house parties conveniently with like-minded strangers.

- This is an Airbnb for house parties.

- Business has been operational for more than three years.

- Platform is active in Mumbai and Pune. Will expand to other cities soon.

- Have hosted more than 1,000 house parties.

- Platform has over 10,000 registered users.

- Company is associated with 30+ brands.

- We have witnessed a growth of 900% 2 years back and 580% last year (Covid period)

- We generate revenue via commission from the host, commission from guest bookings and brand marketing.

- Mobile app on Google Play Store has over 100 downloads.

- We are currently at loss but will reach a break-even point soon by scaling the operations.

- Revenue has dropped temporarily due to the lockdowns but we are noticing positive growth in sales.

Products & Services Overview

Online portal and mobile app to:

Host and book house parties.

List and book unique spaces.

List and book artists.

Brand focussed house parties (experiential marketing platform)

Assets Overview

1. Website.

2. Android application.

3. 10,000+ registered user database.

4. Content (pictures and videos)

Facilities Overview

We are currently operating from a small flat in Mumbai offered to us by family.

Recent Activity
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. Note that SMERGERS is not liable for any loss, damage, costs, claims and expenses whatsoever arising from transacting with any other user from the website. The final responsibility of conducting a thorough due diligence and taking the transaction forward lies with the users. Please read best practices on SMERGERS.
Contact Business
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.
You might also be interested in these businesses

    Frequently
    Asked
    Questions

    • Why can’t I see the business’ name or contact number? How do I contact the business?
    • What level of due diligence does SMERGERS conduct on the businesses/member?
    • How active are the business profiles listed on SMERGERS?
    • How does SMERGERS rate business profiles?
    • Do I need to pay to connect with a business?
    • Show more