Publication: 11:30, 31.01.2020No. of the advertisement: 904
What is your idea / business and to whom is it addressed?
ITS A FANTTASY SPORT ONLINE PORTAL. Where user can register their virtual team and engage in playing. PRODUCT APPLICABILITY/ INDUSTRY APPLICABILITY/ SERVICE APPLICABILITY: Growth of this industry. Country online gaming industry growing at a 22% CACR, is expected to generate a revenue of Rs11,900 Crore ( 119 Billion dollars) by 2023 according to the recent study
How should the idea/business earn money?
Its a fantasy sport game site. Members registering the site compete each other by building a team of professional players from real game going live and earn points based on real performance of each players . The Platform also structured in the form of a competition and members pay entry fee to participate. From the entry fee 15% will be revenue of the company and balance 85% given back to them as Prize money for winners.
At what stage is the idea / business at the moment?
presently we have 30000 user engagement and 5000 App downloads. Website hosted on January 2019, two months beta test completed . Then started the operation . Our aim to expand the user engagement to 500000 by this year end.
What do you need?
we need a investor to invest in our project . 500000 USD. which we will provide them 30 % share of the company.
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