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Small Mobile App Seeking Loan in Kochi, India

Ultimate study companion app for modern students with advance parental controls.

Established 1-5 year(s)
Employees 10 - 50
Legal Entity Private Limited Company
Reported Sales USD 23 thousand
Run Rate Sales USD 30 thousand
EBITDA Margin Nil
Industries Mobile Apps
Locations  Kochi
Local Time 4:49 AM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 60 thousand for 24.0% annual interest, 1 year (Native Currency: INR 5,000,000)
Reason: We are open to receiving the funding in installments, initially starting at INR 10 Lakhs. Now that ... View More
Collateral Available: USD 0
Includes physical assets worth USD 13 thousand
Interested to connect with advisors
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Business Name
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Business Overview

- Currently, in the public beta stage, it is being used by 200+ families who are extremely happy with the app and recommend it to other parents.

- This app has only been operational since last year.

- We charge an annual subscription of INR 7,999.

- The promoter has 20 years of experience in sales, marketing, and consulting.

- We are currently working with over 40 JEE and NEET coaching centers for partnership to aid us in gaining reach amongst students.

Products & Services Overview

Available for parents on iOS and Android with 500+ downloads and 200-300 active users.

Parents and guardians who want to efficiently manage and keep an eye on their kids' digital activity are the app's primary users. They make use of our app to support their kids' daily schedules and academic assignments, assure safety, and encourage responsible gadget use.

The app's interactive design encourages a healthy digital environment by letting parents and kids participate with its features.

Our users range from children of 8 to 18 years old and parents.

Assets Overview

Our total asset value is INR 2.5 Crores out of which tangible assets are INR 11 Lakhs.

The rest falls under intangible assets and mainly includes the value of the software used in the app.

Facilities Overview

We have 28 seats in ISC Kochi from Kerala Startup.

Mission on lease with subsidy from GoV of Kerala. The rent paid is INR 56,000 per month.

Capitalization Overview

- Currently Bootstrapped.

- Zero Loans with banks.

- Will be turning profitable this quarter.

- Can discuss more upon connecting.

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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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