Ecommerce Website Investment Opportunity in Bangalore, India

Universal consumer platform to help users earn and save money, one app for all needs.
This Business is on a Premium Plan
Established 1-5 year(s)
Employees 10 - 50
Legal Entity Private Limited Company
Reported Sales USD 90 - 100 thousand
Run Rate Sales USD 500 thousand
EBITDA Margin 10 - 20 %
Industries Ecommerce Websites
Locations  Bangalore
Local Time 11:31 AM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Investment
USD 1.4 million for 8.0% stake (Native Currency: INR 100,000,000)
Reason: Having received a great response since inception we need to grow & deliver much higher numbers in te... View More
Includes physical assets worth USD 14 thousand
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
Business Overview

- Online platform to empower the common man to earn & save money fulfilling their needs.

- A universal interface that caters for all needs with a potential for the user to earn & save substantial amount of money increasing their financial reach.

- Currently having a user base of 1.5L people growing steadily by 25% every month having 10k+ daily active users.

- A team of professionals having a combined experience of 50 years in the field & a second successful venture in the same sector.

- Tied up with top brands, 150 advertisers, service providers & companies that offer exclusive & best margins for every valid transaction availed by user.

Products & Services Overview

At the moment the services are subdivided in to:

1. Instant Cash - User can earn money doing simple tasks like answering surveys, playing games, engaging with products, reviewing services, promoting services / products on social media, 30 types of tasks to choose from.

2. Universal Shop - User can find any product, compare prices from all sellers & buy the product at best price, also get an additional cashback, pay availing coupons to reduce bill amount, share or promote for rewards.

3. Universal Services - All categories classifieds in one platform. User can inquire for any service, compare from all service providers, & avail the best service at cheapest price that maybe one time like loans, bank account or repeating like car insurance, credit cards with best additional benefits like exclusive deals, cashback etc.

4. Universal Wallet - User can withdraw the accumulated rewards & cashback or add money from bank accounts to pay for recharge, bills, invest in FD, stocks etc or even transfer to bank or digital wallets - all in one place with Advanced Earnings & Expenses Management System.

Facilities Overview

The office is located in a well known & accessible location comprising of two floors that is rented at INR 50,000 per month. The space accommodates the current employee strength of 35 with an area of 2,000 Sq. Ft in total.

Recent Activity
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. Note that SMERGERS is not liable for any loss, damage, costs, claims and expenses whatsoever arising from transacting with any other user from the website. The final responsibility of conducting a thorough due diligence and taking the transaction forward lies with the users. Please read best practices on SMERGERS.
Contact Business
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.
You might also be interested in these businesses

    Frequently
    Asked
    Questions

    • Why can’t I see the business’ name or contact number? How do I contact the business?
    • What level of due diligence does SMERGERS conduct on the businesses/member?
    • How active are the business profiles listed on SMERGERS?
    • How does SMERGERS rate business profiles?
    • Do I need to pay to connect with a business?
    • Show more