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Ground Logistics Company Investment Opportunity in Gorakhpur, India

App based online marketplace connecting trucks drivers with B2B and B2C clients for ground logistics.

Established 5-10 year(s)
Employees 10 - 50
Legal Entity Private Limited Company
Reported Sales USD 220 thousand
Run Rate Sales USD 260 thousand
EBITDA Margin Nil
Industries Ground Logistics + 1 more
Locations  Lucknow + 1 more
Local Time 10:03 AM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Partial Stake Sale
USD 600 thousand for 15.0% stake (Native Currency: INR 50,000,000)
Reason: Funds will be used for opening branch offices in 18+ cities in UP to on-board new truck drivers from... View More
Includes physical assets worth USD 6 thousand
Documents
Business Overview

Android app based marketplace for ground logistics services connecting trucker drivers with B2B and B2C users. We have listed 1,000+ individual truck drivers ranging from small trucks of 4 wheelers to large trucks of 10 wheelers. Our app has multiple features including booking, payment and real time tracking of each truck.

About 85% of our clients are B2B and rest 15% clients are B2C. Have 25+ B2B clients using our app regularly and some of those clients are Parle Products and Nestlé. Have seen 500+ downloads Google Play Store.

Our revenue model is the commission per booking. The business is yet to break even. We have currently on-boarded truck drivers from Lucknow and Gorakhpur only. After raising funds, we plan to expand and on-board truck drivers from 18+ cities in UP.

The registered office of the company is Gorakhpur and we have 3 employees there. The head office is in Lucknow and houses 17 employees. Business owned assets include laptops, computers and furniture at both the offices.

Products & Services Overview

App based marketplace connecting trucks drivers and clients for ground logistics.

Facilities Overview

Both the below offices are on rent:

1. 200 sq ft registered office in Gorakhpur.

2. 1,200 sq ft. head office in Lucknow.

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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