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Professional Information Business Investment Opportunities in Rajasthan

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Newly Established News Agency Investment Opportunity in Jaipur, India

Jaipur based media company, in its pre-revenue stage, seeking investment for their first project development.
- Media company, in its pre-revenue stage, based in Jaipur. - We have started our first project, which is a news and information website and mobile application. - The project is in its MVP stage. - Uses a data blending method and encompasses a wide range of topics like: judiciary, technology, medical science, crime, religion, investigating agency, culture and many more in future phases. - Revenue stream will be subscription - based of the mobile application. - For the first financial year, we want to focus on customer acquisition and reach. Hence, we are targeting 500k to 800k free downloads. - From the second year, we will be selling the subscription plans on monthly/quarterly/half-yearly/annually basis. - Projecting an annual turnover of USD 9.5 million in the second financial year.
6.5   Jaipur
Run Rate Sales
Nil
EBITDA Margin
Nil
Financial Investment
USD 120 K for 25%
Contact Business

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