An Online Business Referral platform for Sale in Bangalore

Listing ID: SL001039
Posted By: Owner
Last Active: 1+ year ago
Verified User Information
emailEmail
phonePhone
googleGoogle
linkedinLinkedIn
facebookFacebook

About Business

It’s an online business referral platform for small business owners. It enables members to generate referrals from one another, very similar to the way BNI operates in the offline space, worldwide. It won the Economic Times Power of Ideas award in 2012, and has over 1000 small business owners registered and listed. The business has official tie ups with The Indus Entrepreneurs (TiE), Rotary, WeConnect, etc., where membership is offered to the members of these networks to form an online community and exchange referrals. Members can invite other members as well. The revenue model is a freemium model, where it's free to join and connect with your immediate network, but access to leads from second and third degree network etc, requires a subscription. There is also a lead generation partner plan which is provided in the premium subscription. The website is built on a very scalable backend and deploys very sophisticated ranking and connection algorithms. The Asking price is INR 2 cr

Reason

Founders are involved in an alternate business

Business Tags

High Potential

₹10 to ₹200 Cr

Complete Investment Banking Solution in 120 Days

Seamless Fundraising/M&A transactions

Start your growth journey with our 25+ Years of Experienced Professional Team.

Contact IBGrid Team

You may also like

Ask Us Anything

To connect with the owner of this Online Business Referral Platform for Sale in Bangalore:
  • Register on IndiaBizForSale platform
  • Click on the “Contact Business” button on the business detailed page
  • Connect with the business owner directly
Note: Once you create your profile, you will get ONE introduction credit, allowing you to contact any ONE featured business.
Before buying a Online Business Referral Platform for Sale in Bangalore, check:
  • Growth prospects of the industry and business
  • Sales, profitability, and cash flow of the business should be considered
  • Consideration you have to pay; form of consideration (either cash or shares or some combination of both) to be paid?
  • Source of financing the purchase
  • Amount of additional investment that will be required to grow business
  • Does the business have a second-line of management?
  • Are you going to run the business on a day-to-day basis or appoint some professional for the same?
  • 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?

The business opportunity is posted either by the business owner or advisor. After that, our team checks the information for completeness, language, and accuracy. Once the basic checks are met; only then the opportunity is published.

We also get users' feedback for the opportunities they contact and based on their feedback, the opportunity may be put on HOLD till further clarification. Many opportunities are not published when it does not pass through our internal procedure checks.

We sincerely request you to carry out complete due diligence before taking the transaction ahead. In addition, the contact details of the business are verified via phone/email.

IndiaBiz offers:
  • Direct connection with owners
  • Advisory services like valuation, end to end deal management
  • Business preparation like preparing Information Memorandum, Pitch deck, etc.
If you have any queries or need help, our team is here for you. You can email us at [email protected].
Yes. Once connected, you can negotiate:
  • Deal structure (cash, equity, mix)
  • Transition timeline
  • Support during handover
  • Final consideration based on due diligence

As a seller, you are not allowed to contact another seller.

You cannot contact the seller as the Business Listing is On Hold

Error Occured

You cannot contact the seller as the Business is not available Anymore.

You cannot contact the seller as the Business is Sold.

Your mobile number is verified.
Your message will be sent after you have listed
your Buying requirements (takes 2-3 minutes).
Press Next.

Your message will be sent only after you have
verified your email-id. Please check your email.
Press Next.