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Social Network Website for Sale in Bangalore, India

Dating and Content application for tier 2 and 3 cities having 150k downloads.
This Business is on a Premium Plan
Established 5-10 year(s)
Employees 10 - 50
Legal Entity Private Limited Company
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Mobile Apps + 1 more
Locations  Bengaluru
Local Time 4:20 PM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Full Sale
Asking Price: INR 18 lakh (Native Currency: INR 1,800,000)
Reason: Cash deprivation to scale up the business.
Includes physical assets worth INR 5 lakh
Interested to connect with advisors
Documents
Business Overview
- A dating and content application, based in Bangalore that started development in Sep 2018.
- Raised seed funding of Rs. 50 lacs in Aug 2018.
- Launched the app in Feb 2019 and currently have over 150,000 downloads.
- Revenue models are not applied yet since the focus was on user growth only. Once ads are posted, the expected revenue per month would be Rs. 2 lakh.
- We have a D30 retention rate of 21%.
- Business does not own any large physical assets.
Products & Services Overview
- The app can be used by anyone who is interested in exploring the B2C market.
- Proprietary high-level features like camera with music-sync facility (like Tiktok camera), AI-based dating timelines, chat module, meme creator, content channels, discover module.
- The app allows users to create and publish content such as - latest news, pictures, videos, memes.
Assets Overview
Business does not own any large physical assets.
Intangible assets include - source code, user data of 1.5 lac users, running platform.
Facilities Overview
An office space on lease accommodating 12 employees.
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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