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Broadcasting Company for Sale in Hyderabad, India

For Sale: OTT platform that has 15k downloads and 6k active users.
This Business is on a Premium Plan
Established 1-5 year(s)
Employees 2 - 5
Legal Entity Private Limited Company
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Broadcasting
Locations  Hyderabad
Local Time 3:38 AM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Full Sale
Asking Price: USD 60 thousand (Native Currency: INR 5,000,000)
Reason: The owners are looking to sell the business as it is financially maxed out.
Interested to connect with advisors
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Business Name
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Documents
Business Overview

- The company has been founded and is being operated from Hyderabad, Telangana, India.

- We launched the application a couple of months back and we are available on Play Store, App Store, and Android TV.

- The app has 15k downloads across the stores.

- We have active users of around 6k people.

- The platform mainly has Telugu movies and a couple of Hindi movies.

The business has tie-ups with around 20 producers.

- We planned to generate sales through Ads and subscriptions in the long run but the business has problems with cash flow and is not able to continue the business.

Products & Services Overview

- Android mobile application.

- iOS mobile application.

- Android smart TV application.

Assets Overview

Business and license, product source code, and full access to all the technologies used to develop the app.

Facilities Overview

We are working remotely. So, the business does not have an office space.

Capitalization Overview

- Self-funded business.

- 2 directors.

- The business has problems with cash flow.

- No investment or loans to date.

Recent Activity
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Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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