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Ecommerce Website Investment Opportunity in Mumbai, India

Assisted ecommerce solution business providing customers easier access to products through a phygital model.
This Business is on a Premium Plan
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 5:29 AM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Partial Stake Sale
USD 360 thousand for 10.0% stake (Native Currency: INR 30,000,000)
Reason: To conduct a pilot project for the business and invest in technology, marketing, manpower and infras... View More
Includes physical assets worth USD 1.8 thousand
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Not disclosed
User Verification
Documents
Business Overview

- The business is in a pre-revenue stage, ready for pilot in Maharashtra with large retail networks.

- 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.

Products & Services Overview

Apparel, imitation jewellery, beauty and cosmetics, household and kitchen products, and accessories.

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.

Assets Overview

Tangible: Laptops, and other IT / electronic accessories as we are following an asset light model.

Intangible assets:

Promoters' rich experience in the domain and past track record of growing and scaling startups/businesses.

Facilities Overview

We are currently looking for an office in Mumbai.

Capitalization Overview

The business is currently bootstrapped by 2 co-founders and they have raised a small round of funding through Family & friends.

The promoters hold 99% of the shareholding of the business.

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6 Investors viewed this Business this week.
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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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