1. Businesses
  2. Information Technology
  3. Tamil Nadu
  4. Chennai
  5. SL017548
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Job Portal Raising Funds In Chennai

Listing ID: SL017548
Posted By: Owner
Last Active: 2+ months ago
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About Business

They operate a job portal that serves as a platform for both job seekers and job providers.

They started their business in 2015, and they've built a solid reputation in their local market. By 2021, they were generating 2 lakh per month.
Due to an unfortunate accident, they were unable to work for 16 months. With no one managing the backend during this time, they experienced a decline and dropped to 5 lakh per month.
They offer all facilities without requiring any subscription fees. Their revenue model relies entirely on advertising, allowing them to generate 100% of their income through advertisements on their platform.
This approach helps them offer their services to users without any financial barriers.

Clientele type

Job seekers, Job providers, HR, and Consulting

Premises

LEASED

Lease per month (in INR): 24.00 K

Security Deposit (in INR): 2.00 L

Carpet Area: 1,100 sq ft

What’s on offer

The terms of transaction will be discussed with potential investors.

Asking Price

INR 10.00 L

Minimum ticket size

INR 5.00 L

Reason

The promoters are raising funds to regain momentum and boost their brand's presence.

Keywords

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Business Tags

Job Portal Raising Funds In Chennai

Fundraising for ₹10 Cr – 500 Cr

Confidential Process Completed in 120 Days

Strategic Preparation, Aligned Investor Outreach and Seamless Closure

Supported by Advisors with 26+ Years of Experience

Contact IBGrid Team

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Before buying a Job Portal Raising Funds In Chennai, check:
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  • Sales, profitability, and cash flow of the business should be considered
  • Consideration you have to pay; form of consideration (either cash or shares or some combination of both) to be paid?
  • Source of financing the purchase
  • Amount of additional investment that will be required to grow business
  • Does the business have a second-line of management?
  • Are you going to run the business on a day-to-day basis or appoint some professional for the same?
  • What decisions are to be taken to improve the profitability of the business?
  • Time period of payback or return is envisaged from the business?
  • Any long-term strategic benefit or synergy with your existing business?
    • Will the clients continue with the business after the acquisition?

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We sincerely request you to carry out complete due diligence before taking the transaction ahead. In addition, the contact details of the business are verified via phone/email.

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If you have any queries or need help, our team is here for you. You can email us at [email protected].

Yes. Once connected, you can negotiate:
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  • Transition timeline
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  • Final consideration based on due diligence

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