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Last Mile Delivery Business Seeking Loan in Guwahati, India

Grocery delivery business in Guwahati requires working capital and funds to launch the app.
This transaction has concluded.

Established 1-5 year(s)
Employees 2 - 5
Legal Entity General Partnership
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Mobile Apps + 1 more
Locations  Guwahati
Local Time 6:52 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 24 thousand for 10.0% annual interest, 5 years (Native Currency: INR 2,000,000)
Reason: To kick start operations.
Collateral Available: USD 6 thousand
Interested to connect with advisors
Business Overview

- Grocery delivery business based in Guwahati.

- We are in the pre-revenue phase.

- Customers can place grocery orders through the mobile app and we will deliver the items within 60 minutes.

- Have partnered with 20 grocery stores.

- Grocery stores would be charged a commission on every order.

- The mobile app for customers and delivery partners has been developed by an Andhra Pradesh-based firm.

- We intend to start our own grocery store in the future, once the grocery delivery business has been established.

- The business owner has previous experience working with Ola Cabs.

Products & Services Overview

Mobile application for grocery delivery within 60 minutes.

Assets Overview

The business does not own any physical assets.

Facilities Overview

Not available. Currently working from home office.

Capitalization Overview
Not Disclosed
Recent Activity
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This transaction has concluded. View similar business opportunities on SMERGERS
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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