Small Social Network Website Investment Opportunity in Mumbai, India
Established | 5-10 year(s) |
Employees | 5 - 10 |
Legal Entity | Private Limited Company |
Reported Sales | USD 22 thousand |
Run Rate Sales | USD 20 thousand |
EBITDA Margin | Nil |
Industries | Mobile Apps + 1 more |
Locations | Mumbai |
Local Time | 4:19 PM Asia / Kolkata |
Listed By | Business Owner / Director |
Status | Active |
2. Acquire more talents for expansion.
- 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.
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)
1. Website.
2. Android application.
3. 10,000+ registered user database.
4. Content (pictures and videos)
We are currently operating from a small flat in Mumbai offered to us by family.
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Earlier than 15 daysPartner, Business Advisory, Mumbai, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysOwner, Pharmaceuticals, Dubai, Individual Investor / Buyer connected with the Business