Overview
A utility bill payment app based in Ernakulam, Kerala, is available for sale or joint venture. Established in 2021, this B2B platform focuses on mobile and DTH recharges, providing a seamless, efficient solution for businesses managing recharges across multiple operators. With a user-friendly interface, the app has gained popularity, reaching over 17,000 downloads on the Play Store and establishing itself as a reliable name in the industry. The app offers up to 5% cashback on every transaction, allowing partners to save while delivering enhanced convenience to their customers. Designed to help businesses maximize value, it simplifies the recharge process and supports client retention. Currently, the app operates exclusively in Kerala, but with additional funding, we aim to expand operations nationwide. This presents an excellent opportunity for investors interested in the utility payment sector. Whether through a joint venture or full acquisition, this app has significant growth potential, especially with its solid user base and trusted reputation.
Leased Internet & Technology Software Service Products
Business Details
2021
Year of Establishment
4
No. of Employees
Running
Current Status of Business
YesBusiness Relocatable
LeasedProperty Type
17 Thousand Rental per Month
Describe Property
N.A
Competition / Market
Gpay,PhonePe, Paytm etc
Products & Services
This B2B platform focuses on mobile and DTH recharges, providing a seamless, efficient solution for businesses managing recharges across multiple operators. With a user-friendly interface, the app has gained popularity, reaching over 17,000 downloads on the Play Store and establishing itself as a reliable name in the industry.
Growth Potential
The growth potential for mobile recharge companies in India is immense, driven by increasing smartphone penetration, affordable data plans, and expanding internet connectivity, especially in rural areas. With over 700 million smartphone users and the rise of digital payments, there is a growing demand for seamless mobile recharge services. Prepaid mobile connections, widely used across India, ensure a consistent need for recharges. Additionally, B2B opportunities in small and medium businesses (SMBs) and the integration of services like DTH and utility recharge provide further growth avenues. Supported by government initiatives like Digital India, this sector is primed for significant expansion.
Reason For Sale
Funds issue
Financial Details
EBITDA :-
N.A
PAT :-
N.A
Debt :-
0
How the Acquisition Process Works
- 01Contact SellerContact Seller
- 02Teaser/Information MemorandumTeaser/Information Memorandum
- 03Valuation ReportValuation Report
- 04FinancialsFinancials
- 05Schedule an Advisory MeetingBook Your Consultation