Lottery Operator Investment Opportunity in Kochi, India
Company that offers members to participate Lotteries is looking for an investor for expansion.
| Established | 5-10 year(s) |
| Employees | 2 - 5 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | USD 100 - 200 thousand |
| Run Rate Sales | USD 140 thousand |
| EBITDA Margin | 10 - 20 % |
| Industries | Lottery Operators |
| Locations | Kochi |
| Local Time | 7:51 PM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Active |
Partial Stake Sale
USD
117 thousand
for
15.0%
stake
(Native Currency: INR 10,000,000)
Reason: Funds are required for liquidity, for expansion of operations and further plans.
Interested to connect with advisors
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Business Name
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Business Overview
- Provide solutions to members to participate in Kerala State Lotteries that conduct regular weekly draws.
- We have been designated as the club members' agents to purchase tickets on their behalf, share results as soon as they are released, inform the winners of their rewards and process prize claims for winning club members.
- Have 500+ members from all over India, and few members from countries in the Middle East.
- On average we deal with 1,000 tickets per day with each ticket size of INR 40.
- Have tie-ups with 4 wholesalers in Kerala from whom we purchase the tickets at a discounted price.
- We have been designated as the club members' agents to purchase tickets on their behalf, share results as soon as they are released, inform the winners of their rewards and process prize claims for winning club members.
- Have 500+ members from all over India, and few members from countries in the Middle East.
- On average we deal with 1,000 tickets per day with each ticket size of INR 40.
- Have tie-ups with 4 wholesalers in Kerala from whom we purchase the tickets at a discounted price.
Products & Services Overview
We provide solutions to members to participate in Kerala State Lotteries by representing them to purchase tickets.
Assets Overview
The business does not own any physical assets.
Facilities Overview
Do not have an office space as we are operating remotely from different locations.
Capitalization Overview
Not Disclosed
Recent Activity
-
Earlier than 15 daysCEO, Investments, Mdina, Individual Investor / Buyer connected with the Business
-
Earlier than 15 daysOperations & Risk Manager, Banking, Thiruvananthapuram, Individual Investor / Buyer connected with the Business
Tags:
Lottery Operator Investment Opportunity in Kochi, India
·Lottery Operator Investment Opportunity in Cochin
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·Lottery Operator Investment Opportunity
·Investment Opportunity in Kochi, India
·Invest in Lottery Operator in Cochin
·Investment Opportunity in Cochin
·Invest in Lottery Operator
·Invest in Kochi, India
·Invest in Cochin
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