Rummy focussed Online Gaming Website And Application Developer Looking For Funds

Listing ID: SL009410
Posted By: Owner
Last Active: 1+ year ago
Verified User Information
emailEmail
phonePhone
googleGoogle
linkedinLinkedIn
facebookFacebook

Product / Service

Gaming Website(Online Rummy).

Clientele type

At present we haven't launched our upgraded version of the website and application.
On our earlier website, there were 18,000 players registered, On August 2020 we stopped that website.

Premises

Our team is working from home.

Asking Price Includes

Stake in the company.

Reason

We are having some financial problem, for marketing we need funds.

Other Details

We have a well exprienced team for the rummy game our team has fully unique ideas for rummy players.
There are not any chances for loss because we are only collecting a rake amount before players want to play.
In India every day more than 50lacs players playing online rummy games.
We have created our own source code and started making website and mobile application(We have built an application for Android and IOS).
We have an almost 90% completed project we need funds for going to live or for promotions and marketing branding.


Revenue and Business Model
In our revenue model, when someone registered on our platform they have to do their wallet recharge.
Under 1 table, 6 players can play rummy, so for starting a game we are taking 15% commission from each table
Any player can transfer the wallet amount to their bank account.(Above INR1,000, 30% Tax is charged).

Keywords

Business Tags

e commerce gaming company information technology business

₹10 to ₹200 Cr

Complete Investment Banking Solution in 120 Days

Seamless Fundraising/M&A transactions

Start your growth journey with our 25+ Years of Experienced Professional Team.

Contact IBGrid Team

You may also like

Frequently Asked Questions

How to contact a business owner directly to buy or invest in a business?

Connecting with a business owner directly is simple! Just follow these 3 easy steps:
1. Create your FREE Investor/Buyer profile on IndiaBizForSale
2. Explore the 'Business Opportunities' section to find 10,000+ business opportunities matching your investment preferences.
3. Click on the 'Contact Business' button and connect with business owner directly. Check here to know how it works

Note: Once you create your profile, you will get ONE introduction credit, allowing you to contact any ONE featured business.

How does IndiaBiz verify the business information?

The business opportunity is either posted by the business owner or advisor. After that, our team checks the information for completeness, language, and accuracy. Once the basic checks are met; only then the opportunity is published.
We also get users' feedback for the opportunities they contact and based on their feedback, the opportunity maybe put on HOLD till further clarification. Many opportunities are not published when it does not pass through our internal procedure checks.
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.

What to consider before buying or investing in a business?

Below are some of the factors that need to be considered before buying or investing in a business:
  • Growth prospects of the industry and business
  • 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 second-line of management?
  • Are you going to run the business on 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?
Most of the above questions should be answered when you are evaluating any business opportunity for acquisition/investment.

What support can I expect from IndiaBiz?

If you have any queries or need help, our team is here for you! You can email us at [email protected]
Our Advisory team also provides support related to business valuation, business plan documents, and franchise expansion plans at a fee. Contact our sales team for more details based on your requirements.

As a seller, you are not allowed to contact another seller.

You cannot contact the seller as the Business Listing is On Hold

Error Occured

You cannot contact the seller as the Business is not available Anymore.

You cannot contact the seller as the Business is Sold.

Your mobile number is verified.
Your message will be sent after you have listed
your Buying requirements (takes 2-3 minutes).
Press Next.

Your message will be sent only after you have
verified your email-id. Please check your email.
Press Next.