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Social Network Website Investment Opportunity in Chennai, India

IT firm that has developed machine learning algorithm and an online talent show platform.

Established 1-5 year(s)
Employees 10 - 50
Legal Entity Private Limited Company
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Social Network Websites
Locations  Chennai
Local Time 8:23 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Partial Stake Sale
USD 1.8 million for 40.0% stake (Native Currency: INR 150,000,000)
Reason: Funds would be used towards marketing activities and operation costs.
Includes physical assets worth USD 4 thousand
Documents
Business Overview

- We are a startup IT firm that has developed 2 products which include a machine learning algorithm and a online talent show platform.

- Our online talent show platform has a website as well as an iOS and Android app.

- The show has weekly and monthly talent shows with cash prizes.

- We plan to generate revenue from participation fees and we are developing new revenue channels as well.

- Currently the platform is still in the pre-revenue phase but we plan to start our revenue channels post marketing.

- Our machine learning algorithm is used within the talent show platform. The algorithm is able to analyse videos and images and manage them.

- All these products are built and developed in-house.

- Promoter has over 6 years of experience in the IT sector and there are 2 senior members with experience in IT and marketing respectively.

Products & Services Overview

Online talent show platform and machine learning algorithm used to manage videos and pictures.

Assets Overview

Machine learning algorithms, website and apps, furniture bought a year ago.

Facilities Overview

Rented office of 2,000 Sq Ft in Chennai.

Capitalization Overview

There are 3 partners in the business with one partner having 60% of the shares and the remaining shares are equally divided among the remaining two partners.

- The business is debt-free.

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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