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Social Network Website for Sale in Bangalore, India

Software development company looking to sell a matrimony app trademarked under 2 brands for Android / iOS.
This Business is on a Premium Plan
Established 1-5 year(s)
Employees 5 - 10
Legal Entity Private Limited Company
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Social Network Websites
Locations  Bangalore
Local Time 10:45 AM Asia / Kolkata
Listed By Management Member
Status Moderately Active
Overall Rating
Full Sale
Asking Price: USD 900 thousand (Native Currency: INR 70,000,000)
Reason: We would like to focus on software development skills on the latest technologies which is our core s... View More
Interested to connect with advisors
Name, Phone, Email
Not disclosed
Business Name
Not disclosed
User Verification
Documents
Business Overview

- A startup company specializing in developing intuitive mobile app software.

- Our company is officially recognized by Dun & Bradstreet Inc.

- We have developed a matrimony mobile app that operates on two trademark registered brands.

- This matrimonial app has unique features for finding a life partner based on user's preferences and we have customized the features for different communities.

- Security features have been incorporated for phone verification of every user profile.

- The App utilizes Google Servers to quickly access user profile content like Photos and other multimedia content.

- We have developed the platform for various communities in India like Christians, Hindus, Jain, Muslims.

- Apps are developed for Android and iOS.

- Mobile app is launched already and the download is available on the Android App store.

- We have spent months of research in perfecting the user interface of the app to cater to the highly demanding youth.

- Apps will generate revenue by charging paid services from users.

- Payment gateway integration is not yet implemented since the business requires a marriage bureau license from the Indian government.

- According to the Associated Chambers of Commerce and Industry in India, online matrimony businesses within India are expected to reach $250 Million as of 2017.

- Buyer would get the matrimonial app along with the 2 trademarks, source codes and 2 domain names. Important Note: Company name, website, office space, computers are not part of the sale transaction.

Products & Services Overview

A matrimonial app that is trademarked under 2 brand names. The Android app is already published and available to download. These matrimonial apps have the functionality of dating like features and they are targeted towards various communities in India such as Christians, Hindus, Muslims.

Facilities Overview

800 square feet rental space located at Peenya, Bangalore. The office space is not included in the business transaction since we do not own the space.

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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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