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Last Mile Delivery Company Investment Opportunity in Bangalore, India

Delivery and convenience aggregator focused on tier 2 and tier 3 cities.

Established 1-5 year(s)
Employees 5 - 10
Legal Entity Private Limited Company
Reported Sales USD 10 - 20 thousand
Run Rate Sales USD 14 thousand
EBITDA Margin 25 %
Industries Mobile Apps + 1 more
Locations  Bangalore
Local Time 2:43 AM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Investment
USD 53 thousand for 20.0% stake (Native Currency: INR 4,000,000)
Reason: To begin phase 2 of application development of the company. Setup and launch of business in 10 diff... View More
Includes physical assets worth USD 24 thousand
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Business Overview

- Business application development started in 2019 and it started operations in April 2021.

- Have approximately 25 retail stores and groceries listed on the mobile app.

- Currently, we have 10 daily orders in our first city.

- Business has served more than 3,000+ customers in Karnataka.

- We have 7-10 active delivery agents for services and delivery in our area of operation.

- Our daily operations sales revenue comes around 3,000 INR from one city.

- Business plans to establish phase 2 application development in 10 tier 2 and tier 3 cities.

- We have a FoSCoS-FSSAI license for food and groceries delivery.

- Our company follows all the social guidelines of safe and secure delivery.

- Business also provides extra services for home as per the client's requirements.

- We have 4,500 registered users in one single city.

- Business team has 20+ years of application development experience in the front end and back end.

Products & Services Overview

Food delivery, groceries delivery, fruits and vegetables, medicines, services at home.

Assets Overview

Intellectual property rights, furniture, computers and other tech-related assets.

Facilities Overview

One floor office space of 2,800 sq ft taken on rent for INR 55,000 per month.

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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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