Social Network Website Investment Opportunity in Mumbai, India
- Unique online socializing platform, which facilitates social networking of like minded people.
- The services provided by this platform is the USP of the venture.
- The product that this venture offers in enjoyed globally and hence the world is the market.
- This service creates beneficial opportunities for all the participating members.
- One of the strengths of this venture is that there is no other player offering the same service in the market.
- It will have first mover advantage.
- As per the financial projections, the company is expected to achieve EBIDTA margin of 61% and profit margin of 42% during the fifth year in operation.
- With the start up investment of INR 2.5 crores (USD 373,000, the company will be able to bring cash reserve of INR 1.05 Crores (USD 160,000, by the end of first year.
- Based on the survey results of a market research conducted, 63% of the sample has shown strong preference to use such a service and 56% of the sample has to recommend this service further.
- Website is under process and will be ready by January 2017 and testing will start then.
This venture offers a product which is enjoyed worldwide and it's proven. This service socially connects people in a very unique to enjoy the product.
Earlier than 15 daysEditor-in-chief / CEO, Online Marketplace, Bangalore, Individual Investor / Buyer accepted business proposal
Earlier than 15 daysCEO, Technology, Pune, Corporate Investor / Buyer connected with this business
Earlier than 15 daysOwner, Manufacturing, Mumbai, Individual Investor / Buyer accepted business proposal