Newly Established News Agency Investment Opportunity in Jaipur, India
Established | 0-1 year(s) |
Employees | 2 - 5 |
Legal Entity | Private Limited Company |
Reported Sales | Nil |
Run Rate Sales | Nil |
EBITDA Margin | Nil |
Industries | News Agencies |
Locations | Jaipur |
Local Time | 5:27 PM Asia / Kolkata |
Listed By | Business Owner / Director |
Status | Active |
- Media company, in its pre-revenue stage, based in Jaipur.
- We have started our first project, which is a news and information website and mobile application.
- The project is in its MVP stage.
- Uses a data blending method and encompasses a wide range of topics like: judiciary, technology, medical science, crime, religion, investigating agency, culture and many more in future phases.
- Revenue stream will be subscription - based of the mobile application.
- For the first financial year, we want to focus on customer acquisition and reach. Hence, we are targeting 500k to 800k free downloads.
- From the second year, we will be selling the subscription plans on monthly/quarterly/half-yearly/annually basis.
- Projecting an annual turnover of USD 9.5 million in the second financial year.
News and information website and mobile application.
Encompasses a wide range of topics like: judiciary, technology, medical science, crime, religion, investigating agency, culture and many more in future phases.
App services will be sold on subscription basis.
The company does not have any assets.
Currently, the business is operating from the promoter's residential address.
Self-funding till date, willing to raised INR 1Cr to 10 Cr for mass scale revenue and success.
There are 3 directors, holding ownership of 45%, 50% and 5%.
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Earlier than 15 daysArea Marketing Manager, Airline, Indore, Individual Investor / Buyer connected with the Business