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Investment Opportunity In Drone Delivery Business

Seeking investment for a drone delivery startup aiming to deliver goods within 1 hour.

Established 0-1 year(s)
Employees 10 - 50
Legal Entity Private Limited Company
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Freight & Logistics + 1 more
Locations  Muzaffarnagar
Local Time 4:04 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Partial Stake Sale
USD 24 thousand for 10.0% stake (Native Currency: INR 2,000,000)
Reason: We are wanting to put our ideas into action by seeking an investment in our company. This investment... View More
Includes physical assets worth USD 1.2 thousand
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Business Overview

- The company is a drone delivery business idea, the business is currently headquartered in Muzaffarnagar, targeting the freight and logistics industry with a focus on the potential of drone technology.

- With a plan to purchase drones from Hong Kong, the company aims to provide rapid delivery service, targeting a delivery time of within 1 hour.

- The business is seeking to hire drone pilots and marketing professionals to commence its operations.

- The operational model involves drones reaching a designated point near the delivery area, where a delivery person will then take over and transport the goods to the customer's location.

- The company's leadership includes a director with prior experience at Amazon, bringing valuable insights and knowledge from a major e-commerce player to the business.

- The company plans to establish a warehouse within 100 kilometers of Muzaffarnagar, serving as the base for drone operations and further expansion. The company also plans to expand operations to cities like Bangalore and Ahmedabad in the future.

- While currently employing about 10 individuals who are not drawing a salary, the business intends to remunerate its employees once funding is secured, indicating a commitment to growth and development.

Products & Services Overview

Drone delivery company aiming to tie up with e-commerce platforms and deliver goods to customers.

The company is aiming to target the B2C and B2B market.

Assets Overview

Tangible assets as of now include the Computer systems that we have in the office.

Facilities Overview

A small rented facility in Muzzafarnagar. The facility is equipped with computer systems at the moment.

Capitalization Overview

The company is currently funded by two directors who hold 98% & 2% of the stake respectively. There are no loans for the business as of now.

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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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