TripMela sold for Rs. 112,000

TripMela (travel lead generator), which put itself for sale @ eBay was sold for a paltry sum of Rs. 112,000!

At the time of sale, tripmela’s revenues (as reported) were in the range of Rs. 1- 1.25L per month and had 80,000 email addresses.

What’s your take on such a distress sale? I believe, this is a penalty for not reinventing the business model.

Sign Up for NextBigWhat Newsletter