Ecommerce Website Investment Opportunity in Chennai, India

Indian e-commerce multi-portal platform with 12 active portals and 70 - 80 sellers on-boarded.

Established
Employees
Legal Entity
Reported Sales
Run Rate Sales Nil
EBITDA Margin Nil
Industries Ecommerce Websites
Locations  Chennai
Local Time 5:06 AM India
Listed By Management Member
Status Moderately Active
Overall Rating
Seeking Investment
USD 700 thousand for 50.0% stake (Native Currency: INR 50,000,000)
Reason: Require funds to develop and market our platform and commence operations. We have a high valuation e... View More
Includes physical assets worth USD 9.5 thousand
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Available after connect
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Documents
Business Overview

- Indian e-commerce multi-portal platform with 12 active portals currently and an additional 11 portals in development.

- Business is yet to commence operations. Delays have occurred due to the ongoing pandemic.

- Plan to provide utility bill payments, travel bookings, cosmetics and supplements in the first phase. Intend to launch new services in the future.

- We will offer cashback services to our customers. Intend to distribute at least 70% of the revenue as cashback in order to maximize the size of our customer base.

- Have already on-boarded 70 - 80 sellers and there are over 700 suppliers in the pipeline.

- Have not accepted any user registrations yet.

- Platform will be launched in 4 stages. Initially, we plan to launch the platform pan India before going global.

- Business has collaborated with a team of over 60 IT consultants externally in order to develop the platform.

- Business has been funded organically till date.

- Promoter has over 20 years of work experience in the FMCG industry as a country head.

Products & Services Overview

Indian e-commerce multi-portal platform with 12 active portals currently and an additional 11 portals in development. We plan to provide utility bill payments, travel bookings, cosmetics and supplements in the first phase and desire to launch new services in the future.

Assets Overview

We own multiple computers and laptops. The asset value also includes all the interiors and furnishings of the office.

Facilities Overview
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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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