Food Delivery Business Seeking Loan in Gwalior, India
Platform connects and manages tiffin vendors and customers, seeks funding to expand in other cities.
This transaction has concluded.
| Established | 5-10 year(s) |
| Employees | 2 - 5 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | USD 5.7 thousand |
| Run Rate Sales | USD 8.2 thousand |
| EBITDA Margin | 20 % |
| Industries | Internet + 1 more |
| Locations | Gwalior |
| Local Time | 8:57 PM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Moderately Active |
Seeking Loan
USD
11.3 thousand
for
12.0%
annual interest,
3
years
(Native Currency: INR 1,000,000)
Reason: To expand into other cities by on-boarding more vendors and customers.
Collateral Available: USD 11.3 thousand
Includes physical assets worth
USD
3.4 thousand
Business Overview
- It's an online tiffin delivery platform that lists vendors and customers. Currently have 16+ mess / tiffin centers and 450+ customers.
- Apart from listing tiffin vendors, we also manage their operation such as order, cash, raw material and other business activities. They only need to prepare and deliver the food to customers.
- We also provide small scale catering service on our own. This is a very small part of the business as of now.
- Have presence in Gwalior and we are planning to expand in Delhi, Bhopal and other nearby cities.
- Revenue model: Commission per order, charge fee for managing their operation.
- Apart from listing tiffin vendors, we also manage their operation such as order, cash, raw material and other business activities. They only need to prepare and deliver the food to customers.
- We also provide small scale catering service on our own. This is a very small part of the business as of now.
- Have presence in Gwalior and we are planning to expand in Delhi, Bhopal and other nearby cities.
- Revenue model: Commission per order, charge fee for managing their operation.
Products & Services Overview
- Tiffin service provider through platform.- Restaurant tiffin and mess management.
- Small scale catering.
Facilities Overview
Situated at Gwalior and spread across 2,000 sq ft area. Rented facility.
Capitalization Overview
Not Disclosed
Recent Activity
-
Earlier than 15 daysDirector, Ecommerce, Chennai, Individual Investor / Buyer connected with the Business
Tags:
Food Delivery Business Seeking Loan in Gwalior, India
·Internet Business Seeking Loan in Gwalior, India
·Lend to Food Delivery Business in Gwalior, India
·Online Business Seeking Loan in Gwalior, India
·Lend to Internet Business in Gwalior, India
·Lend to Online Business in Gwalior, India
·Food Delivery Business Seeking Loan
·Internet Business Seeking Loan
·Lend to Food Delivery Business
·Online Business Seeking Loan
·Lend to Internet Business
·Lend to Online Business
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