Social Network Website Investment Opportunity in Bangalore, India
Established | 1-5 year(s) |
Employees | 50 - 100 |
Legal Entity | Private Limited Company |
Reported Sales | Nil |
Run Rate Sales | USD 600 thousand |
EBITDA Margin | 33 % |
Industries | Social Network Websites |
Locations | Bangalore |
Local Time | 8:38 AM Asia / Kolkata |
Listed By | Business Owner / Director |
Status | Active |
- We are a global multi-language marriage platform operating virtually across 200 countries.
- We are in the midst of expanding our operations globally with a primary focus on our physical presence. Physical presence implies onboarding a business partner.
- The founder utilises a model wherein they onboard business partners in different countries and share the revenue with them.
- These business partners establish a sales team in their respective countries.
- The sales team onboard both vendors like wedding planners and holiday companies and customers who avail of our matchmaking services.
- Our focus right now is to expand to 30 countries.
- The company already has a physical presence in 10 territories like USA, Canada, Latin America, Bangladesh, Indonesia, Thailand, Philippines.
- Employees consist of a development team and employees in Indonesia and Bangladesh.
- We have 500,000 customers as of now and sales have shown us that close to 50 percent of our customers have availed of the paid services.
- This business is not a separate entity but is a 100% owned brand of the parent company. The funds being sought will solely be utilised for expanding the operations of the marriage platform.
- Parent company has no debt.
- The promoter has over 20 years of experience as a business consultant.
- The valuation of the company is based on our own estimate.
Silver, gold, and platinum options for our customers include services such as wedding planning, assisted matchmaking service, holiday and honeymoon packages.
Website, domain, infrastructure, and business partner network.
Co-working offices of 200 sq. ft in Bangalore and Kolkata. 500 sq. ft office in Indonesia.
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Earlier than 15 daysManaging Director, Mumbai, Financial Consultant connected with the Business