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Food Delivery Company Seeking Loan in Jaipur, India

Food delivery app with 10K downloads and having 100 restaurants listed covering 4 cities in Rajasthan.

Established 5-10 year(s)
Employees 100 - 500
Legal Entity Private Limited Company
Reported Sales USD 12 thousand
Run Rate Sales USD 70 thousand
EBITDA Margin 15 %
Industries Mobile Apps + 1 more
Locations  Jaipur
Local Time 7:13 AM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 36 thousand for 13.0% annual interest, 2 years (Native Currency: INR 3,000,000)
Reason: To launch in different cities and we also plan to offer discounts.
Collateral Available: USD 0
Includes physical assets worth USD 2.4 thousand
Documents
Business Overview

Our company has developed an app that helps customer order food online and receive speedy delivery. We currently have presence in 4 cities in Rajasthan and have listed 100+ restaurants. Have 20 admin staff and 150 delivery executives, all working under our payroll. Our last financial year revenue was low as we were operational only for 2 months.

Our app has more than 10K downloads on Android devices. Also working on iOS app which shall be launched soon. Revenue model: 20% commission on bill and delivery fees. We do not charge subscription from restaurants.

Company owned assets include codes of the app and 25 laptops.

Products & Services Overview

Food order and delivery within 35 minutes.

Facilities Overview

Have a small office on rent which can accommodate 20 people.

Capitalization Overview
Not Disclosed
Recent Activity
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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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