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Agriculture Wholesale Company Investment Opportunity in Bangalore, India

Technology enabled company for agricultural produce with integrated logistics and storage support seeking seed capital.

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
Overall Rating
Partial Stake Sale
USD 120 thousand for 5.0% stake (Native Currency: INR 10,000,000)
Reason: The funds will be used to ramp up hiring, acquire transport vehicles, launch the online platform, an... View More
Interested to connect with advisors
Documents
Business Overview

- 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.

Products & Services Overview

Wholesale vegetables and fruits.

Assets Overview

Mobile app and website domain.

Facilities Overview

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.

Capitalization Overview
Not Disclosed
Recent Activity
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Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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