Agriculture Wholesale Company Investment Opportunity in Bangalore, India
Established | 1-5 year(s) |
Employees | 10 - 50 |
Legal Entity | Private Limited Company |
Reported Sales | Nil |
Run Rate Sales | Nil |
EBITDA Margin | Nil |
Industries | Agriculture Wholesale + 1 more |
Locations | Bangalore |
Local Time | 8:48 PM Asia / Kolkata |
Listed By | Business Owner / Director |
Status | Active |
- Pre-revenue B2B agritech startup seeking capital to commence operations.
- Intend to sell agricultural produce at wholesale quantities through a proprietary mobile application.
- Intend to sell the agricultural produce directly to B2B clients such as retail stores, supermarkets, pizzerias, hotels, etc.
- The produce will be sourced directly from farms we have partnered with.
- At present, we have partnered with a 650-acre farm near Kolar.
- Intend to hire a sales staff to help our less-tech savvy customers place orders directly with us.
- Customers will be able to acquire agricultural produce on a daily basis at a price that includes incidentals and acquisition price.
- We will source the agricultural produce at a lower cost and deliver the agricultural produce to the customer using our own vehicles.
- Our profit will be the difference between the price the customer pays and our cost to procure and deliver the agricultural produce.
- We do not intend to charge a subscription or registration fee.
- Intend to begin operations by offering 12 to 14 varieties of fresh vegetables initially and expand our product portfolio gradually.
- The minimum order basket will be set at 50 kilograms and we aim to supply 5 MT of vegetables on a daily basis.
- The mobile application for the Android platform has already been developed by a third-party developer and is expected to be launched for public use in the near future.
Wholesale vegetables and fruits.
Mobile app and website domain.
Single floor 1,500 sq. ft. office space with a 3 year lock-in period. Single floor 3,000 sq. ft. warehouse space in Horamavu with 5 year lock-in period. The warehouse is equipped with heat dissipators. Both facilities are leased at an annual lease rent of INR 9.6 lakhs.
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Earlier than 15 daysPartner, Business Advisory, Mumbai, Individual Investor / Buyer connected with the Business