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BigAdda eyes revenues of $4-5 million in one year; to breakeven in 2-3 years

Social networking site BigAdda.com expects to earn revenues of $4-5 million in the next one year by targeting internet and mobile internet users in the country. BigAdda hopes to reach breakeven point within the next 2-3 years.

Social networking site BigAdda.com expects to earn revenues of $4-5 million in the next one year by targeting internet and mobile internet users in the country. BigAdda hopes to reach breakeven point within the next 2-3 years.

“We have projected to have revenues of $4-5 million within the next 12 months and majority of it will be coming from advertisements,” Shivanandan Pare, COO, BigAdda.com, has said. According to Pare, BigAdda.com, at present, has 2.5 million registered users and is adding 15,000 users daily. [Source: Business Standard]

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