Food Delivery Business Seeking Loan in Gwalior, India

Platform connects and manages tiffin vendors and customers, seeks funding to expand in other cities.

Established From
Employees
Legal Entity
Reported Sales
Run Rate Sales
USD 10 thousand
EBITDA Margin
20 %
Industries
Internet + 1 more
Locations
Local Time
7:48 AM Indore
Listed By
Business Owner / Director
Status
Moderately Active
Overall Rating
Seeking Loan
USD 14 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 14 thousand
Includes physical assets worth USD 4 thousand
Name, Phone, Email
Available after connect
Business Name
Not disclosed
User Verification
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.

Products & Services Overview

- Tiffin service provider through platform.

- Restaurant tiffin and mess management.

- Small scale catering.

Facilities Overview
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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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