Last Mile Delivery Business Investment Opportunity in Hyderabad, India

A hyper-local concierge app in Hyderabad with 2,500 registered users and delivering 200 daily orders.
This Business is on a Premium Plan
Established From
Employees
Legal Entity
Reported Sales
Run Rate Sales
USD 95 thousand
EBITDA Margin
Operating at break even
Industries
Mobile Apps + 1 more
Locations
Local Time
5:52 PM Hyderabad
Listed By
Management Member
Status
Moderately Active
Overall Rating
Seeking Investment
USD 53 thousand for 30.0% stake (Native Currency: INR 4,000,000)
Reason: For setting up operations in other cities, marketing & technology development.
Includes physical assets worth USD 33 thousand
Interested to connect with advisors
Name, Phone, Email
Not disclosed
Business Name
Not disclosed
User Verification
Documents
Business Overview

- Hyderabad based technology startup offering technology enabled on-demand, hyper-local delivery and concierge services.

- Offer hyper-local logistics services for perishable and non-perishable goods including groceries, meat, medicines and general goods.

- Have tied up with several local stores and supermarkets to fulfill their doorstep delivery operations.

- Currently cater to B2B and B2C clients across Hyderabad and are in the process of strengthening our operational infrastructure and delivery efficiency.

- Fulfill delivery and logistics operations through a pool of well trained contract staff and our delivery fleet is operationally active between 6AM to 2AM, 7 days a week.

- Business is profitable on a unit economics basis and is able to secure gross margins of 70%

- Currently processe over 6,000 orders each month and expect to process around 18,000 orders each month by the end of FY20 and subsequently experience 10% growth in order volume each year forward.

- Intend to scale operations and establish its presence in other Tier-1 and Tier-2 cities across India in the near future and offer subscription based services to US based expats with families in Hyderabad.

Products & Services Overview

Technology enabled on-demand, hyper-local delivery and concierge services.

Facilities Overview
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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