A Upcoming Wireless Internet Services Looking for Funds in India

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Listing IDSL000060 Ticket Size50-100 Crore Last Year TurnoverAvailable on request Verification Status Pending
  • A Upcoming Wireless Internet Services Looking for Funds in India

Business Details

The internet industry is projected to grow at an annual rate of no less than 50% a year and expected to grow to $2 billion annually. The project plans to offer devices free internet access (only WiFi enable equipment like laptops and mobiles). A single connection would be required for using Internet across the country for a user (Internet Roam). The traditional broadband services will be on wireless mode. The project plans to make an entire city as WiFi Hot Spot. The technology will be at 70% lower cost as compared to existing 3G or upcoming 4G. It is easy to roll out the plan in urban as well as rural areas. The promoters have done an extensive research on the business and have been doing testing across 3 cities for last 3 years. The company has a good customer base and has received excellent response in the first phase of the project.

Last Years Gross ProfitAvailable on request EBITDAAvailable on request
Total Views823 Last Active2+ months ago
IndustryIT (Other) LocationDelhi
Entity typePrivate Limited Started in 2010
Transaction TypeInvestment
All Options

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Verification of the listing does not imply that Asking price reflects the valuation of the business

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