Mobile

listed by broker
A Short Video App
Founded in
2020
Desired valuation:
$1 Million
Description
Funtoosh- A Short Video App We have a short video App for Entertainment similar to TikTok with 200K + Downloads and 20% Active users. The App has 30K + videos created by professional video creators of Instagram and TikTok from India We would like to sell this App, exit from it, and use the fund to scale our other App. App Details : Name: Funtoosh- A Short Video App Website: www.funtoosh.video App Download: https://cutt.ly/khNSyfP 200K+ Downloads with 20% Active users Up to date and trending videos in App
Featured metrics
200K+ Downloads with 20% Active users Up to date and trending videos in App
Selling details
Type of shares
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Reason for selling
We have another App which is a Dating App, so we want to sell and Exit from Funtoosh App and use this fund to scale our Dating App.
Preferred acquirer
We are looking to sell the App in cash, so there is no such preference and we will go with anyone who is offering cash for our App. PS: Cash is required as we need fund to scale our other App
Aspirations & growth opportunities
The App has 200K + Downloads with 20 % Active users. It has 30K+ Videos created by professionals of Instagram and TikTok. It has a huge potential to grow similar to Instagram and TikTok and there are a lot of similar Apps in the market which are already doing good in this sector.
Business details
Business model
Its a Free App and the source of revenue generation is from Ads
Customers
1 (Users in the Age of 12 and Above)
Competition
Share Chat, Moj, Josh, Chingari etc.
Operational details
Technology stack
Java, PHP, MYSQL, AWS
Marketing spend
$50000 (Google Ads, Facebook, Twitter and Instagram)
Performance tracking tools
Google Analytics
Financial details
Ownership structure
100% with single person
Last month's revenue
100
Last month's profit
0
Financial records
Physically kept books
Metrics
TTM revenue
500
TTM net profit
1000
Based in
APAC
Team members
6-10
Acquisition type
Full
Desired valuation
$1 Million
Message Owner
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Message Broker
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