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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 8:40 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Partial Stake Sale
USD 120 thousand for 15.0% stake (Native Currency: INR 10,000,000)
Reason: Funds are required for liquidity, for expansion of operations and further plans.
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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.

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
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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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