Industrial Machinery Wholesale Company Investment Opportunity in Bangalore, India

Online marketplace developed with mobile app exclusively for machinery motors spare parts.
This Business is on a Premium Plan
Established From
Employees
Legal Entity
Reported Sales
Run Rate Sales
USD 70 thousand
EBITDA Margin
Operating at break even
Industries
Locations
Local Time
1:20 PM Bangalore
Listed By
Business Owner / Director
Status
Active
Overall Rating
Seeking Investment
USD 420 thousand for 3.0% stake (Native Currency: INR 30,000,000)
Reason: We intend to raise funds in order to expand our marketing efforts to enroll vendors from Rajkot, Pun... View More
Includes physical assets worth USD 56 thousand
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
Business Overview

- Online marketplace for industrial machinery, machine tools, home improvement tools, motors and spare parts.

- The marketplace was launched 6 months ago and has begun to generate revenue.

- Business has a monthly site traffic of 1,50,000 users and this traffic is growing at 10-15% each month.

- Currently have empanelled 150+ vendors on our platform.

- We also have a database of 30,000+ vendors who we intend to enroll gradually.

- The site is monetized through an annual subscription fees of INR 15,000 which we charge vendors.

- We also generate revenue through ads listed on our website and offer an Android and iOS app to users.

- We have conducted a market study and valuation exercise thorough PwC, India.

- Business is expected to breakeven within 1 year of securing funds.

- Promoter has over 23 years of experience in the trading of industrial machinery.

Products & Services Overview

Online marketplace for industrial machinery, machine tools, home improvement tools, motors and spare parts.

Facilities Overview
Recent Activity
  • 2 weeks ago
    Partner, Mumbai, M&A Advisor 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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