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Social Network Website Investment Opportunity in Delhi, India

Seeking investment for a transformative social app, poised for diverse revenue post-Phase 2 launch.

Established 1-5 year(s)
Employees < 2
Legal Entity Private Limited Company
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Mobile Apps + 1 more
Locations  Delhi
Local Time 7:47 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Partial Stake Sale
USD 5.7 million for 30.0% stake (Native Currency: INR 500,000,000)
Reason: Require funds for the development of Phase 2. Funds will be utilized towards: - Capex. - Office se... View More
Interested to connect with advisors
Name, Phone, Email
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Business Name
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User Verification
Documents
App Screen
App Landing
Chat Module
Chat Module2
Chime
Verification Page
 Blog Module
Business Overview
- The mobile app is poised to transform the social media scene with its comprehensive platform, offering a unified and immersive online social interaction experience. This fresh entrant aspires to become the hub for users to interact, share, and connect with their communities effortlessly, 24/7.
- The super app will be an all-in-one platform that provides a complete suite of features for which most social media users look. It eliminates the need for using multiple apps for different features and use cases. Just use a single social media application where all your needs for meaningful and engaging social media experience are satisfied.
- Phase 1 of the app with all social media features (blog, chat, video call, groups, and personalized hub) is complete and we are seeking funds for the development of Phase 2.
- Initial development of the application and platform was outsourced to a well-known developer partner based in Noida.
- Revenue model: Currently the business is in the pre-revenue phase and the app recently went live. Monetization will be through ads. However, with the implementation of Phase 2, the app will generate revenue through multiple channels such as commission, sales, and development fees.
- Promoter experience: The director has worked as a finance manager for 20 years, primarily in the Oil & Gas sector. The promoter has treasury management experience of 4 years.
Products & Services Overview
Social media and super application that is a Made In India application with various verticals attached - blogs (implemented) and planned verticals such as OTT streaming, healthcare platform, and music streaming.
Assets Overview
The business does not have any physical assets.
Intangible assets include the website and App launched on Google Play and Apple Store.
Facilities Overview
The registered office address is in Varanasi, the promoter's residence. Post funding, the dedicated office will be set up in Delhi NCR.
Capitalization Overview
Currently, funded through the salary of the promoter from his full-time job. Have invested INR 23 lakhs towards R&D and initial development.
The company has a single director.
Recent Activity
  • Earlier than 15 days
    Executive Director, New Delhi, Financial Consultant connected with the Business
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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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