↩ Go Back
    Need help?
    FAQ
    1. Home
    2. Businesses
    3. India
    4. Technology

    Mobile App Seeking Loan in Hyderabad, India

    Services booking application receiving around 100 bookings monthly seek a loan.
    Established 5-10 year(s)
    Employees 10 - 50
    Legal Entity Private Limited Company
    Reported Sales Nil
    Run Rate Sales USD 4.3 thousand
    EBITDA Margin 10 %
    Industries Mobile Apps
    Locations  Hyderabad
    Local Time 7:22 PM Asia / Kolkata
    Listed By Management Member
    Status Active
    Overall Rating
    6.3 / 10
    Compare with industry
    Seeking Loan
    USD 30 thousand for 9.0% annual interest, 4 years (Native Currency: INR 2,500,000)
    Reason: Need funds for advertising.
    The valuation is based on the projected revenue post-marketing.
    Collateral Available: USD 0
    Includes physical assets worth USD 7 thousand
    Name, Phone, Email
    Available after connect
    Business Name
    Available after connect
    User Verification
    Documents
    ROC-Verification.pdf
    ROC-Verification.pdf (66.1 KB)
    Business Overview

    - The application has 100+ downloads.

    - We have 2 revenue models. One is by charging membership fees of INR 999 and the other is by charging a commission of 10% on the booking.

    - Currently, have onboarded 300-400 customers.

    - We receive around 100 bookings monthly. The operations started recently.

    - The promoter has 6 years of experience in this industry.

    - We have a team of 17 employees (customer service, software developers, and marketing).

    - The company is registered in Chirla but the operations is based out of Hyderabad.

    Products & Services Overview

    Mobile app to book services like plumber, electrician, carpenter, etc.

    Assets Overview

    Tangible assets include AC, 5 printing machines and tables.

    Facilities Overview

    Office is located in the south of the city on a 1,000 sqft area with a monthly rent of INR 35,000.

    Capitalization Overview

    - Company has 4 directors with one director holding 40% shares.

    - Business has no loan.

    Recent Activity
    Tags:

    Mobile App Seeking Loan in Hyderabad, India

    ·

    Phone App Seeking Loan in Hyderabad, India

    ·

    Lend to Mobile App in Hyderabad, India

    ·

    Lend to Phone App in Hyderabad, India

    ·

    Mobile App Seeking Loan

    ·

    Phone App Seeking Loan

    ·

    Lend to Mobile App

    ·

    Lend to Phone App

    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. Note that SMERGERS is not liable for any loss, damage, costs, claims and expenses whatsoever arising from transacting with any other user from the website. The final responsibility of conducting a thorough due diligence and taking the transaction forward lies with the users. Please read best practices on SMERGERS.
    Contact Business

    2 Investors viewed this Business this month.
    Register below to connect now!

    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.
    You might also be interested in these businesses

      Frequently
      Asked
      Questions

      • Why can’t I see the business’ name or contact number? How do I contact the business?
      • What level of due diligence does SMERGERS conduct on the businesses/member?
      • How active are the business profiles listed on SMERGERS?
      • How does SMERGERS rate business profiles?
      • Do I need to pay to connect with a business?

        • Show more