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Event Management Company Investment Opportunity in Himmatnagar, India

Online marketplace for connecting event management service vendors and clients, with 2,000+ users and 1,500+ vendors.

Established 5-10 year(s)
Employees 5 - 10
Legal Entity Private Limited Company
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Event Management + 1 more
Locations  Ahmedabad + 1 more
Local Time 6:33 PM Asia / Kolkata
Listed By Management Member
Status Moderately Active
Overall Rating
Partial Stake Sale
USD 118 thousand for 30.0% stake (Native Currency: INR 10,000,000)
Reason: We want to expand our franchise model and we also want to improve our platform with marketing and in... View More
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Business Overview
- Company runs an online marketplace for connecting event management service vendors and clients.
- We launched operations last year and have over 1,500 service vendors and 2,000+ registered users without any marketing campaigns.
- Have service vendors and users from 24 cities across India and have over 46 service categories on our platform.
- We are in the pre-revenue phase and currently provide the contact details without any fees/charges. We are also not charging any commission in order to acquire more vendors. However, we plan to start charging a commission fee on profits based on the service provided.
- We have recently launched our franchising model and we have provided one franchise in Udaipur. We charge a 20% royalty on profits.
- Our registered office is in Himatnagar but our operations are based out of Ahmedabad.
Products & Services Overview
Event vendor marketplace with 46+ vendor categories. Features include online booking, book now pay later scheme, event staff hiring, realtime availability of vendors.
Assets Overview
2 domains, Android-applications for users and vendors, private limited company, and website. We do not have any physical assets since the business is run completely online.
Facilities Overview
Rented office in Ahmedabad.
Capitalization Overview
Not Disclosed
Recent Activity
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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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