Ecommerce Website Investment Opportunity in Mumbai, India
Established | 1-5 year(s) |
Employees | 2 - 5 |
Legal Entity | Private Limited Company |
Reported Sales | Nil |
Run Rate Sales | Nil |
EBITDA Margin | Nil |
Industries | Ecommerce Websites |
Locations | Mumbai |
Local Time | 9:07 AM Asia / Kolkata |
Listed By | Business Owner / Director |
Status | Active |
- The business will tie up with retailers in small towns who will help the end users place orders with the company.
- Will work with retailers on a revenue sharing basis.
- Have already tied up with 1,000+ SKUs.
- The website and the app development have been outsourced.
- Promoters have a combined experience of over 60+ man-years in the FMCG, eCommerce, fintech, banking, IT, and management consulting fields, in leading MNC/Indian organizations and have proven ability to scale start-ups and manage large businesses efficiently.
- Promoters’ past stints include working at CXO / senior management roles in Naaptol, Microsoft, HDFC Bank, FINO Paytech, Reliance Infocom, Satyam Infoway, GTC Industries, TOMCO, Hero Group, Bayer India etc.
- The business has GST and registration certificates.
These products are largely targeted at customers in the smaller tier 2 and below cities, who do not have ready access or are hesitant to do online shopping due to constraints of digital illiteracy, connectivity, security concerns, accessibility and trust issues.
Intangible assets:
Promoters' rich experience in the domain and past track record of growing and scaling startups/businesses.
The promoters hold 99% of the shareholding of the business.
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Earlier than 15 daysManager, Finance & IT, Mumbai, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysMarketing Head, Manufacturing, Delhi, Corporate Investor / Buyer connected with the Business