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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 1-5 year(s)
Employees 10 - 50
Legal Entity Private Limited Company
Reported Sales USD 230 thousand
Run Rate Sales USD 270 thousand
EBITDA Margin Nil
Industries Ground Logistics + 1 more
Locations  Lucknow + 1 more
Local Time 8:58 PM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Seeking Investment
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
Name, Phone, Email
Available after connect
Business Name
Not disclosed
User Verification
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.

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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