Social Media Platform Business Raising Funds In Lucknow
About Business
The founder created a social media platform to address a growing gap: Gen Z and Millennials want to make new friends online, but existing social platforms focus on connecting with people they already know. After building and testing an MVP with 10-20 users, receiving positive feedback, and refining the experience, the platform is now scaling to a broader audience.
Products & Services:
The platform is a voice-first social networking app that enables users to connect with new people through seamless one-on-one voice calls. Users can apply filters such as age, gender, interests, and location to find the right match.
Unique Selling Propositions (USPs):
Instant, personalized voice calls: Unlike Clubhouse (group-based) or Omegle (random), this platform enables direct one-on-one conversations with people users want to connect with.
No video requirement: Unlike Omegle, this platform is audio-first, providing a comfortable way to engage without showing one's face.
A new way to socialize: Instead of endless scrolling, users participate in real, meaningful voice conversations.
Future Scope:
Scaling to 500K+ users in the first year through a phased, city-by-city rollout.
Monetization through native and sponsored ads.
Integration of AI-powered matchmaking to enhance user experience.
Expansion into a global voice networking platform, redefining how people connect online.
Clientele type
Target Audience & Industries
Primary Users:
Gen Z & Millennials: Individuals looking for new friendships and meaningful connections.
Students & Young Professionals: Networking, mentorship, and casual conversations.
Travelers & Expats: Connecting with locals or people with shared interests.
Industries Served:
Social Networking & Media: A fresh approach to online connections beyond text and video.
Online Communities & Forums: Enhancing engagement through voice-based interactions.
Dating & Friend-Making: Interest-based social discovery.
Events & Networking Platforms: Seamless voice connections for attendees.
Premises
The owner is currently working on this project from his home and college in Lucknow.
Asking Price Includes
The terms of the transaction will be discussed with the potential investors.
Asking Price
INR 1.00 Cr
Minimum ticket size
INR 10.00 L
Reason
The owner is looking to raise funds to scale the platform to 500K+ users, enhance features, and drive ad-based revenue.
More Details
It is led by a passionate team focused on revolutionizing social networking through voice communication.
Founder & CEO: Vision & market strategy, leading the business, marketing, and product roadmap.
Co-Founder & UI/UX Lead: Designs the seamless user experience and branding for the platform.
Co-Founder & CTO: Leads app development, ensuring a smooth and scalable tech infrastructure.
Keywords
Business Tags
₹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 TeamFrequently 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 worksNote: 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?