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Food Delivery Business Investment Opportunity in Uttar Pradesh, India

In-house developed food delivery portal with mobile app seeks funds for product launch and marketing.

Established 1-5 year(s)
Employees 2 - 5
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Mobile Apps + 1 more
Locations  Uttar Pradesh
Local Time 12:20 AM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Partial Stake Sale
USD 300 thousand for 10.0% stake (Native Currency: INR 25,000,000)
Reason: - Require funds for expanding our service & staff hiring. - Also open for the full sale of the busi... View More
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Business Overview

- Local food delivery system started in Meerut, Uttar Pradesh, India.

- Successfully developed & launched our mobile app and website in March 2021 by our in-house experts.

- Our mobile app which is already live on Google Play Store has 100+ downloads and increasing with each day.

- We are currently having a database of 15 active restaurants while the new riders are in the process of onboarding.

- Our service supports multiple payment modes from net banking to COD, for the convenience of customers.

- Revenue will be generated from commissions and promotion fees.

- We are soon planning to incorporate the business into an LLP entity.

- Fortunately, the founder, the man behind this idea, has over 7 years of corporate experience in software development and more than 10 years of experience in marketing prior to this startup.

Products & Services Overview

Online food delivery service spread throughout Meerut presently connecting restaurants & foodies.

Our service not only lets the customers compare the prices & quality of dishes from the genuine pictures & food description before ordering but also lets the restaurant owners run their business with the greatest segmentation of customer data on the app.

Service Highlights:

1. Restaurants can use customized target audience segmentation for promotions.

2. We ensure only real dish pictures displayed on our app by restaurants.

3. Customer can compare similar food of different restaurants on a single screen.

4. Issuing the highest eligible weekly payments to riders in the food industry.

5. Feasible options like self-pick-up & self-delivery are available on our app.

Assets Overview

Currently, our assets are only mobile applications and website.

Facilities Overview

We don’t require any physical establishment at the moment, as our experts are operating well enough from the remote and distributed areas.

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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