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Social Network Website for Sale in Bangalore, India

Short video application with 2 lakh+ users and 31,000 videos created by professionals of Instagram.
This Business is on a Premium Plan
Established 5-10 year(s)
Employees 5 - 10
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales Nil
Run Rate Sales USD 1.2 thousand
EBITDA Margin Operating at loss
Industries Mobile Apps + 1 more
Locations  Bengaluru
Local Time 11:59 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 1 million (Native Currency: USD 1,000,000)
Reason: The owner has multiple mobile apps and has completely bootstrapped all of them to date. Due to a fun... View More
Interested to connect with advisors
Documents
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Business Overview
- Business provides a video social networking website.
- The platform has over 2 lakh users out of which 30% are active.
- Revenue generation is done by advertisement on the app.
- Have integrated a third-party game in the app that also generates small revenue for the business.
- 95% of the content created is done by influencers.
- We have to pay a fee to top creators on our platform based on the number of followers that they have.
- Have 31,000 videos currently available on the application.
- Social networking application has been developed in-house.
- The business is operating at a loss since the revenue is very less.
- Revenue generation of the business started 4-5 months back.
Products & Services Overview
Social networking app for the creation and sharing of short videos for entertainment.
Assets Overview
There are no physical assets in the business. The software and application are worth USD 1 million.
Facilities Overview
Operate the business from a rented office.
Capitalization Overview
The business is totally bootstrapped to date and there is no debt in it.
A debt-free business.
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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