Business Overview
Business highlights:
- INR 2.88 crores ARR.
- 45%+ gross margin.
- 80k+ customers, 15k+ app downloads, 20k+ MAU.
- More than 4 lakh books delivered. More than 1 lakh plus merchandise delivered.
- 100% bootstrapped with zero marketing expenditure.
- Highly engaged community of over 1.5 lakhs across platforms.
- Positive unit economics.
• The provisional financials for this year. We have increased sales by 36% from INR 7 crores in the last financial year to INR 9.6 crores this year, net of GST.
• The business also had a solid start for this year. The last couple of months' sales this year were up 40% vs corresponding months last year and we will be generating more sales than the previous year these coming months.
• The company recorded a healthy profit in the last year i. e. , around 11% of sales. They continue to have a strong focus on unit economics. The brand is built to be a sustainable, growing & profitable business since its inception.
• In the last month, we also onboarded on Amazon.
• The business is launching new categories & would come across as a one-stop solution in the home decor sector.
• Targeting ARR of INR 26 Cr & above in the coming year.
• The company sells all genres of books.
• Main source of revenue is through the sale of books and merchandise.
• Online bookstore that has tie-ups with physical stores as well.
Products & Services Overview
The business sells all genres of books like fiction, non-fiction, historical, horror and many more.
Capitalization Overview
The business has 2 shareholders and further information about the shareholding percentage and debt of the business will be provided post introduction.
Assets Overview
Physical assets include laptops, printers, and office furniture.
Partial Stake Sale
USD
167 thousand
for
23.0%
stake
(Native Currency: INR 15,000,000)
Reason:
The company aims to build a tech-driven platform for readers and build an ecosystem where they can c...
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Includes physical assets worth
USD
5.6 thousand
In talks with 3 Investors