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Food Delivery Startup Investment Opportunity in Bangalore, India

App based marketplace that aggregates local home-chefs to large customer base, seeks seed stage investment.
This transaction has concluded.

Established 1-5 year(s)
Employees 2 - 5
Legal Entity Private Limited Company
Reported Sales Nil
Run Rate Sales USD 30 thousand
EBITDA Margin Nil
Industries Mobile Apps + 1 more
Locations  Bangalore
Local Time 3:14 PM Asia / Kolkata
Listed By Management Member
Status Recently Active
Overall Rating
Partial Stake Sale
USD 120 thousand for 15.0% stake (Native Currency: INR 10,000,000)
Reason: Seeking investment at seed stage for expansion, marketing, app developments and operational resource... View More
Includes physical assets worth USD 10 thousand
Documents
Business Overview

- We provide a marketplace via our app that connects home-chefs to customers.

- The app has 4,500+ downloads and gives a collective platform to 100+ small chefs/cooks to sell their food online to a larger customer base.

- The chefs are registered on the app and the customers can choose from a variety of home cooked food options. Food is prepared and delivered to the customer by the respective home-chef after the order is places on the app.

- The demand for home made and hygienic food after the pandemic has switched the needs of consumers from conventional restaurant food delivery to healthier options of home made food.

- Revenue is generated on commission basis on every food order.

- We cater to 2,200+ orders every month.

- We currently operate in Bangalore and wish to expand nationally.

- Operate at breakeven, but we expect to generate profits once we scale up.

- The customer base is growing 2x every month.

Products & Services Overview

We serve and deliver food for breakfast, lunch and dinner made at home by numerous home-chefs.

Assets Overview

We are an app based platform and have a website.

Facilities Overview

Operations are handled remotely and food is delivered directly to the clients.

Capitalization Overview
Not Disclosed
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This transaction has concluded. View similar business opportunities on SMERGERS
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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