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Application Software Startup Investment Opportunity in Chennai, India

AI-Powered Marketplace for Local Places, Tours, Food, and Shops.
This Business is on a Premium Plan
Established 0-1 year(s)
Employees 5 - 10
Legal Entity Private Limited Company
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Application Software
Locations  Chennai
Local Time 1:01 PM Asia / Dubai
Listed By Business Owner / Director
Status Active
Overall Rating
Partial Stake Sale
USD 59 thousand for 10.0% stake (Native Currency: INR 5,000,000)
Reason: The business is seeking a partner who can not only help them financially, but also help in scaling t... View More
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Business Overview
Client base: The business is in pilot mode now across major cities and tourist destinations, with a growing international presence.
Revenue model: The app operates on a multi-channel revenue model, including:
Commission fees from ride bookings, rentals, and tours.
Advertising for local businesses looking to reach the app's user base.
In-app purchases and subscriptions offer exclusive deals, premium customer support, and advanced features for frequent users.
Promoter experience: Founded by a team of tech and travel industry veterans with over 20 years of combined experience in AI technology, logistics, and customer-centric service platforms. The company's leadership brings a deep understanding of consumer needs in mobility, retail, and tourism.
Strategic partnerships: Strong business relationships with leading ride-hailing services, car rental agencies, tour operators, and local vendors. The company also partners with payment providers and e-commerce platforms, ensuring smooth transactions and exclusive user discounts.
Products & Services Overview
1. Personalized recommendations: AI analyzes user preferences and behaviors for tailored suggestions.
2. Sentiment-driven reviews: AI extract actionable insights from reviews and social media sentiment.
3. Unified experience: Single platform for booking tours, discovering authentic food spots, and shopping locally.
4. Empowering local businesses: Visibility and tools for small vendors to thrive.
Assets Overview
The business does not own any physical assets at the moment.
The intangible assets included in the transaction are:
1. Software:
- Proprietary software: The platform itself, including the code, algorithms, and user interface.
- Third-party software licenses: Licenses for any third-party software used in the development or operation of the platform.
2. Data:
- Customer data: Data collected from users, such as business information, ad campaign data, and performance metrics.
- Training data: Data used to train the AI models, which can be a significant investment.
- Brand reputation: The reputation and goodwill associated with the brand.
- Website and domain name.
Facilities Overview
As a cloud-based platform, we do not maintain traditional rental or lease agreements for physical office spaces. Our arrangements are service agreements with cloud providers that specify the terms of service, resource allocation, and cost structure.
Capitalization Overview
As a self-funded company, it currently has no outstanding debts or loans. The company is owned by a single shareholder. This structure can provide simplicity in decision-making and clarity in financial assessments.
Recent Activity
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3 Investors contacted this Business this month. Register below to connect now!
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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