Social Network Website Investment Opportunity in Bangalore, India

Content driven dating application for tier 2 and 3 cities having 150k downloads.
This Business is on a Premium Plan
Established From
Employees
Legal Entity
Reported Sales
Run Rate Sales
Nil
EBITDA Margin
Operating at break even
Industries
Mobile Apps + 1 more
Locations
Local Time
2:51 PM Bangalore
Listed By
Business Owner / Director
Status
Active
Overall Rating
Seeking Investment
USD 100 thousand for 5.0% stake (Native Currency: INR 7,000,000)
Reason: Scaling up into multiple geographies and vernacular languages.
Includes physical assets worth USD 7 thousand
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
Business Overview

- A content driven dating application, based in Bangalore that started operations in 2018.

- The app allows users to post content such as - latest news, pictures, videos, memes. Users can connect with each other based on content posted.

- We are targeting the tier 2 and 3 cities in India.

- Launched in Feb 2019 and currently have 150,000 downloads.

- Revenue is not being generated right now. We are waiting to reach 1 million downloads after which we will begin posting ads.

- Once ads are posted, the expected revenue per month would be Rs. 2 lakh.

- We have a D30 retention rate of 37%.

- Business does not own any large physical assets.

Products & Services Overview

Content driven dating app for Tier-2 and 3 cities in India.

Facilities Overview
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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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