Food Delivery Startup Investment Opportunity in Abu Dhabi, UAE
Established | 0-1 year(s) |
Employees | 2 - 5 |
Legal Entity | Other |
Reported Sales | Nil |
Run Rate Sales | Nil |
EBITDA Margin | Nil |
Industries | Mobile Apps + 1 more |
Locations | Abu Dhabi |
Local Time | 3:58 AM Asia / Dubai |
Listed By | Business Owner / Director |
Status | Moderately Active |
- With the online rise of supermarket chains, major players are eating into the market share of small market players. We aim to increase the market presence of small and medium players through our aggregator platform.
- Our aim is to capture the untapped market of community-based shoppers for urgent needs, especially for basket sizes not serviced by popular delivery apps.
- We have already developed iOS and Android applications under a different brand name and are planning to revamp the UX/UI and switch to a different brand name with a better potential.
- Based on our market research, there is only one major active player in the UAE market and they primarily target large supermarket chains. We target small and medium shops.
- We initially plan to target UAE, then slowly expand to Saudi and Oman regions.
- Our application development is outsourced to developers in Hyderabad.
- Revenue model: We plan to charge a 1 % commission fee compared to the competition charging 3%+ commission fees.
- The company is currently unregistered and the promoters plan to register the brand as a new entity post-investment.
- Intangible assets include iOS and Android apps. Redesign of these apps is in progress.
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Earlier than 15 daysCTO, IT Services, Ahmedabad, Corporate Investor / Buyer connected with the Business
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Earlier than 15 daysManager, Restaurants, Dubai, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysManaging Partner, Growth Of Existing Business, Beirut, Individual Investor / Buyer connected with the Business