Funtoosh- A Short Video App similar to TikTok for Sale

Bengaluru, Karnataka, India

Internet & Technology

Asking Price
1 Million

Category
Internet & Technology

Turnover
N.A

Sub Category
Software Service Products

Legal Entity
Proprietorship

Business Listed By
Business Owner

Funtoosh- A Short Video App is an Entertainment App that have a wide range of audience of 12 yrs and above. The App is available on the Google Play store. It has over 200K + Downloads with 20 % Active users. It has 30K + Videos created by professionals of Instagram and TikTok . It is suitable for Indian audience of 12 yrs and above. App Name: Funtoosh- A Short Video

Year of Establishment

2020

No. of Employees

6

Current Status of Business

Running

Business Relocatable

Yes

Property Type

Leased

Rental per Month

1 Thousand

Describe Property

We do not have physical office as we work from home.

Competition / Market

Main competitors in this segment of App in India are : Moj, Josh, MXTakaTak, Chingari, Instagram Reel etc.

Products & Services

Funtoosh- A Short Video App for Entertainment

Growth Potential

Short video Apps have gained tremendous popularity that entertains people of all age group. TikTok is the most popular App worldwide in this category of Apps. The market value of TikTok is over USD 100 Billion + Monetization of all short videos are done by running Ads on these platforms and is a main source of revenue generation.

Financial Details

EBITDA N.A

PAT N.A

Debt N.A

Reason For Sale

We have multiple Apps in our company. The company is Bootstrapped to date and would like to continue bootstrapping it. so, We want to sell one of the App (Funtoosh App) and use this fund to scale our other App

Business Documents

Teaser/Information Memorandum

Valuation Report

Financials

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