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  5. SL001321
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Messaging App Looking for Investment or Exit

Listing ID: SL001321
Posted By: Owner
Last Active: 1+ year ago
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About Business

The beta-version of the app is almost ready for launch and the entrepreneur is looking for either investment for marketing and other support or complete sale of the product. The app is quite similar to other popular messaging apps like Hike or Whatsapp but with some more and unique features such as file sharing up to 30 MB (any type of file can be shared through this app), both voice and video calling facility, conversation lock, timeline etc. The app can earn revenue by three ways: data selling, annual charges for downloading and advertisement. All the business plans and reports are prepared for future years, and as per these projections this app will be able to generate around INR 80-90 lakhs per annum. The success of the app requires ample amount of advertisement. The app can start generating ROI after 6 months of its launch. Investment Requirement: INR 35- 40 Lakhs.

Reason

Funding Requirement

Keywords

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Business Tags

High Potential

₹10 to ₹200 Cr

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  • Does the business have a second-line of management?
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  • What decisions are to be taken to improve the profitability of the business?
  • Time period of payback or return is envisaged from the business?
  • Any long-term strategic benefit or synergy with your existing business?
    • Will the clients continue with the business after the acquisition?

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