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Home Services App Startup Investment Opportunity in Kochi, India

Multi-country hyperlocal technology platform for consumer services, shopping, mobility, and deals, seeks investment.
This Business is on a Premium Plan
Established 5-10 year(s)
Employees 10 - 50
Legal Entity Private Limited Company
Reported Sales USD 208 thousand
Run Rate Sales USD 410 thousand
EBITDA Margin 15 %
Industries Mobile Apps + 1 more
Locations  Kochi
Local Time 1:36 AM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Partial Stake Sale
USD 590 thousand for 25.0% stake (Native Currency: INR 50,000,000)
Reason: To invest in developing technology further, improve brand visibility, go to market through multiple ... View More
Includes physical assets worth USD 2.36 thousand
Interested to connect with advisors
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App screen
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Business Overview
- 75,000+ registered customers and more than 2,000 service providers in Delhi, Kochi, Mumbai, Chennai, Bangalore, Trivandrum, Thrissur, Calicut, in India.
- Customer return rate near 60%.
- Month-on-month growth of ~10%.
- 15-18% operating contribution on gross transaction value.
- The company's rapid development is attributed to the use of the correct business strategy and significant digital marketing.
- Integrated SaaS platform for service provider schedule, staff, and invoice management.
- Active partnerships in UAE, Azerbaijan, South Africa. Operations are ready to kick off in Canada.
Products & Services Overview
- Home and local expert services with more than 100 service categories.
- E-commerce platform integrated for local shopping.
- Event booking platform with online and offline ticket booking options.
- Mobility & last mile delivery services.
- Local deals & payment services.
Assets Overview
Tech platform, technology infrastructure, and network peripherals.
Facilities Overview
3,000 sq. ft. rented office in Kochi.
Capitalization Overview
Self funded, with minor investment from family & friends. No external debts or loans outstanding. 90% shareholding currently controlled by founders.
Recent Activity
  • Earlier than 15 days
    Managing Partner, Kochi, Financial Advisor connected with the Business
  • Earlier than 15 days
    Managing Director, Dubai, Law Firm connected with the Business
  • Earlier than 15 days
    Director, Kingston, Financial Consultant connected with the Business
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22 Investors already contacted this Business. Register below to connect now!
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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