IndiaBizForSale.com is an interesting start-up that helps sell other start-ups. According to a report from TOI, the company initially started off as a medium to sell small businesses but with time the site has been witnessing listings of start-ups that either fail to scale up their businesses or want to shift to a new venture.
Bhavin Bhagat, co-founder of Indiabizforsale said, “When we began, it was mainly Smbs, but now we are seeing listings from even start-ups, either to sell some intellectual property or sell their platform because they don’t have the money to take it further, or are moving to do something else.”
This website is a listing service and for people who select a premium listing, it works on a subscription model. Currently, this platform contains 20 listings for selling e-commerce related businesses. These listings come from several different parts of the country like Uttar Pradesh, Rajasthan and Gujarat.
Founders lacking funds to go further with their businesses is stated as the reason for outright sale or sale of the intellectual property they possessed. Read More…