Grocery Shop Investment Opportunity in Kochi, India

Mobile app developed to order groceries and medicines seeks funding to set up counters.

Established From
Employees
Legal Entity
Reported Sales
Run Rate Sales
Nil
EBITDA Margin
Operating at break even
Industries
Mobile Apps + 1 more
Locations
Local Time
3:32 AM India
Listed By
Business Owner / Director
Status
Active
Overall Rating
Seeking Investment
USD 2.6 million for 20.0% stake (Native Currency: INR 200,000,000)
Reason: To start marketing and buying more vehicles.
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
Business Overview

- Company has developed a mobile app for groceries and medicines.

- The app has been introduced for Android and iOS.

- We will purchase the stocks from the vendors.

- We are planning to set up a counter in each region in South India. In the future we plan to do pan India delivery.

- Each outlet will have 5 vehicles and 3 vans.

- The product will be launched by July 2018.

- Promoter has 12 years of industry experience.

Products & Services Overview

- Company has developed a mobile app for groceries and medical equipment.

Facilities Overview
Recent Activity
  • Earlier than 15 days
    Director & Founder, Mumbai, Financial Consultant connected with this business
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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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