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FinTech Company Investment Opportunity in Pune, India

Agri Fintech mobile app that tracks transactions between farmers and traders.

Established 1-5 year(s)
Employees 10 - 50
Legal Entity Private Limited Company
Reported Sales Nil
Run Rate Sales USD 3 thousand
EBITDA Margin 0 - 10 %
Industries FinTech
Locations  Pune
Local Time 10:28 AM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Investment
USD 240 thousand for 20.0% stake (Native Currency: INR 20,000,000)
Reason: Need funds to market the app and services.
Includes physical assets worth USD 6 thousand
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Business Overview

- An innovative application launched in March 2018 specifically for Agri-input dealers.

- Founder has more than 8 years of experience in Agri tech industry.

- More than 5,000 app downloads & more than 3,000 active registered users.

- App generates a credit score for individual farmer to support traders issue credit to farmers.

- A farmer can manage his cash flow, can track overdue amount, can check SV credit score & can get customized monthly report.

- Microfinance and banks can refer this score to issue credit to farmers.

- Paid conversion has been initiated. We have monthly & yearly subscription plans for farmers where they can recharge their account whenever required.

- The application is available in Marathi, Hindi & English.

Products & Services Overview

Android app which includes Customized SMS gateway, Automatic SMS alerts of transactions and reminders for payment to farmers, Credit Score of the individual farmer & partnering microfinance to issue credit for buying inputs from traders and connecting them directly to traders.

Facilities Overview

Rental office on a shared basis with an area size of approx. 250 Sq. Ft.

Capitalization Overview
Not Disclosed
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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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