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Mobile App Investment Opportunity in Pune, India

Seeking Investment: Mobile app that seeks to be an online marketplace for leasing/renting products.

Established 5-10 year(s)
Employees 2 - 5
Legal Entity Private Limited Company
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Mobile Apps + 1 more
Locations  Pune
Local Time 7:57 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Partial Stake Sale
USD 90 thousand for 33.0% stake (Native Currency: INR 7,500,000)
Reason: This investment will go into revamping the app UI, adding additional features to the app, and custom... View More
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Business Overview
- Specializing in the leasing/renting of products via a subscription-based model.
- Operational website and app soft-launched on the Play Store, requiring UI revamp.
- Target customers include furniture rental, appliance rental, sound system businesses, and individuals.
- Website to also earn revenue through online advertisements.
- Developed by 4 developers, 100% of the source code is owned by the company.
- Owner has 2-3 businesses and used their resources for the product's development.
Products & Services Overview
We have just started with a mobile app and website for renting everything.
Assets Overview
The business does not own any physical assets.
Intangible assets include the mobile app listed on the Android marketplace.
Facilities Overview
100% remotely working with no full-time employees. The company's registered address is in Pune and the founders reside here as well.
Capitalization Overview
- We do not have any loans on business.
- The director has 20 years of experience in business and IT consulting experience 99:1.
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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