Small Spiritual & Psychic Services Company Investment Opportunity in Mumbai, India
Established | 1-5 year(s) |
Employees | 2 - 5 |
Legal Entity | Private Limited Company |
Reported Sales | USD 8 thousand |
Run Rate Sales | USD 36 thousand |
EBITDA Margin | Nil |
Industries | Mobile Apps + 1 more |
Locations | Mumbai |
Local Time | 2:08 AM Asia / Kolkata |
Listed By | Management Member |
Status | Active |
- The company, an online astrology platform, boasts 145k downloads on Google Play and is steadily growing.
- The company operates as a bootstrapped startup, capitalizing on the increasing demand for astrology services.
- Services include call and chat options with astrologers on a pay-per-minute basis, ensuring secure connections for users.
- Current user engagement stands at 600-650 daily with an average recharge per customer ranging from INR 8-10.
- Limited marketing budget hampers customer acquisition efforts, signaling vast untapped potential in the market.
- Seeking funding to enhance marketing strategies, aiming for 2 million downloads and daily user volume of 4k-5k within 12 months.
- Targeting an average recharge value of INR 19-20, with a projected total recharge value of INR 3.0-3.5 cr ($350k-$400k).
- With approximately 25% of the Indian population having strong faith in astrology, expansion plans include tapping into international markets.
- Encouraging market trends show a significant increase in astrology interest over the past few years, promising growth opportunities.
- Company licenses, including GST and incorporation, are in place.
- We are catering primarily to the North Indian demographic with rates ranging from INR 7-25/min.
Our services:
Kundli.
Matchmaking.
Numerology.
Panchang.
Catering primarily to the North Indian market.
The company doesn't have any significant physical assets.
The company doesn't have a facility, employees work from home.
We are completely bootstrapped.
There are 2 shareholders for the entity.
No loans or debts.
Need equity investments, can explore debt funding also.
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Earlier than 15 daysPresident, Tech, Modesto, Corporate Investor / Buyer connected with the Business