Indian Social Media Platform Raising Funds In Hyderabad
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Product / Service
They have combination of user generated content websites such as video streaming, photo story, blog, and review writing; combination of business listing website, event listing website and job posting website.
Clientele type
5000+ Paid Subscribers and growing
Premises
LEASED
Lease per month (in INR): 32,000
Security Deposit (in INR): 64,000
Carpet Area: 1,200 sq ft
Co-working Space
Asking Price Includes
The terms of transaction will be discussed with potential investors.
Reason
The incoming funds will be utilised to acquire more users and scale the business.
Other Details
They Are 2 Board Of Director and 5 workers in the team. Long Time Real Problems: FOR TINY BUSINESSES: Problem: The present online platforms for advertisements are either complex or expensive or both for the tiny businesses to use the power of online advertising to improve their business. Solution: The platform is suitable for tiny businesses to promote their business online within their locality with unlimited pages, photos & videos at zero cost. FOR ONLINE CONTENT CREATORS: Problem: The major hardship for the video content creators are the monetization rules prevailing in the leading advertisement revenue sharing platforms. Solution: Their platform has no monetization rules. The online content creators can start earning advertisement revenue share from their 1st content from the 1st day onwards. The Market SERVICE OBTAINABLE MARKET: in Next 3 Years 2 Large Addressable Markets Indian Population & Indian Online Advertisers. ADVERTISEMENT: Indian Online Advertisers is worth Rs.40,000 Crores 2.5% Market Share = Rs.1,000 Crores. ADVERTISEMENT: Indian Online Advertisers worth around Rs.40,000 Crores. The platform has scope Rs.12,500 Crores. TOTAL AVAILABLE MARKET: Global Population Global Online Advertisers Progress/Proof: The platform has got 5000+ subscribers since its launch in the month of April 2023. It is seeing a 10% month on month growth in new subscriptions. As the platform business model is not a replacement business model, the retention of subscribers will be near to 100%. It has reached an average monthly revenue of Rs.20 Lakhs per month. Expecting to reach profitability in 3rd quarter of 2024. Recognised by: Startup India Startup Telangana Objectives/Future: The platform's unique go to market strategy followed to acquire subscribers compliments a highly scalable business model. A Digital Entrepreneurship Opportunity for its Subscribers. Conventional Model: Aggregator - Businesses Their Model: Aggregator - users - Businesses The aim of the platform is to provide a recession and lockdown-proof non-stop stable online income to every Indian from the online advertisement industry.
Business Tags
₹10 to ₹200 Cr
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