Spiritual & Psychic Services Company Investment Opportunity in Bangalore, India

Leading online portal offers prayer-by-proxy services for pujas and rituals performed across 3,600 temples in India.
This Business is on a Premium Plan
Established 5-10 year(s)
Employees 5 - 10
Legal Entity Private Limited Company
Reported Sales USD 100 - 200 thousand
Run Rate Sales USD 130 thousand
EBITDA Margin 20 - 30 %
Industries Ecommerce Websites + 1 more
Locations  Bangalore
Local Time 7:48 PM India
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Investment
USD 270 thousand for 15.0% stake (Native Currency: INR 20,000,000)
Reason: So far, we have operated without any significant marketing spend. Funds will be used for the enhance... View More
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Business Overview

- Company operates an online portal that facilitates the booking of pujas and rituals to be performed at a selected temple.

- Our objective is to connect every devotee to their deity.

- Our services are widely used by customers who are unable to travel to the temple due to timing, cost, and location concerns and enable them to make offerings to their deity. The prasad (non-perishable) and video of the puja is then delivered to the customer's location by courier.

- We also have an eShop for buying temple articles, gemstones, and provide booking of astrology consultation services to customers through 25-30 tied up astrogurus.

- Have a vast network of representatives who visit and perform rituals across 3,600 temples in India.

- Have conducted 50k+ pujas, and shipped prasad to more than 50 countries.

- Established tie-ups with MakeMyTrip and Goibibo to facilitate bookings for VIP Darshans.

- Our services have a huge demand from NRIs and nearly 45% of our total revenue is generated from international bookings.

- Revenue model: We charge a booking fee which is 30-40% of the total fee.

- Registered office address is in Mumbai, but the business operations are based out of Bangalore.

Products & Services Overview

Online Puja (prasad shipped in an official envelope of the temples), Havan, VIP Darshan, Astrology consultation, E-Shop (for gemstones and puja articles)

Assets Overview

Online portal. The company does not own any physical assets at the moment since all operations are completely online.

Facilities Overview

750 sq ft rented office in Bangalore.

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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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