Overview
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
Leased Internet & Technology Software Service Products
Business Details
2020
Year of Establishment
6
No. of Employees
Running
Current Status of Business
YesBusiness Relocatable
LeasedProperty Type
30 Thousand Rental per Month
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.
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
Financial Details
EBITDA :-
1
PAT :-
1
Debt :-
0
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