Listing Details : LB-15695

Investment Required 50 Lacs
Turnover N.A
Legal Entity Proprietorship
Category Media & Cinema
Sub Category OTT & App
Business Listed By Business Owner

Overview

An innovative online news application company based in Ahmedabad, Gujarat, is seeking funding to scale its operations. Launched in the current financial year, the platform delivers news exclusively in Gujarati, catering to a niche audience with a strong local connection. The subscription model is simple and affordable, with a daily cost of ₹1 and an annual fee of ₹365, making it accessible to a broad audience. The company aims to revolutionize regional news delivery by expanding its reach to include multiple languages and establishing an in-house studio for producing original content. A dedicated website complements the mobile application, offering users easy access to reliable news. With the right investment, this business has the potential to grow into a leading regional news provider, tapping into the growing demand for digital news consumption. The funding will enable the company to expand its language offerings, enhance production capabilities, and achieve its vision of becoming a comprehensive news network. This is a promising opportunity for investors looking to enter the digital media and news industry.

Year of Establishment

2024

No. of Employees

5

Current Status of Business

Running

Business Relocatable

Yes

Purpose of Joint Venture

Financial ()

Role of New Partner

Active

Property Type

Leased

Rental per Month

N.A

Proposed Deal Structure

N.A

Competition / Market

Yes

Products & Services

News Application

Growth Potential

Very High

Financial Details

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