Hi Friends,
We at www.maangal.com are a matrimonial portal for Uttarakhandis ( Garhwali/ kumaonis) only.
We have steadily evolved since last 1 & 1/2 year and have offices at Delhi and Dehradun.
We have been successful in terms of number of marriages finalized through our portal , number of registrations and a steady payment inflow.
Angel funding required
5 Lakhs Only
( We can use the money in small but regular installments of Rs 1 Lakh each and you can monitor the effect and progress of this fund infusion directly.)
Assured Returns as we are already a one and half year old Private Limited Company and are doing quite well.
Why we need the money
We need to shore up the (members) numbers as it is a number game and also grow the number of offline centers via Franchising.
We need the money for advertising / Franchising as we have growing until now through word of mouth.
We also need to do some Software updations .
Now , we can do the above alone without seeking any help but that would take MORE and LONGER time and our commodity is perishable and hence we will stay where we are even after 5 years.
My Investment
I have spend almost all of my money in developing the product and later on building the company.
I have a team of 5-6 people working with me since 1 and half year and we also take on some contract based guys for random promotional activities.
We are surviving on what we earn but need to scale up.
What lies ahead
Around Rs 2 crore in Turnover yielding about 80% in profits
( this is the lowest figure i could come up with )
Point to remember
We did get a seriuos funding approval for Rs 15 Lakhs but the guy wanted almost 40% share in the company. We refused.
The point is that though we would welcome funding but not at the cost of what we built.
We love what we do and we value our Freedom!!!
We are not an Idea anymore but a business proposition
I understand that we have only Big Daddy’s here and this amount may seem small change compared to your investments but mark my words that we are on the verge of becoming the LARGEST and most successful portal in a regional matrimony market.
P.S. I am not very good with presentations , slides so kindly find time for face to face meetings or mobile talks.
I am available at 9897512542
Thank you all for your time.
Warm Regards
Vijay Bhatt