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Mobile App for Sale in Bangalore, India

For Sale: Mobile app that helps small retail stores take their stores online.

Established 1-5 year(s)
Employees 2 - 5
Legal Entity Private Limited Company
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Mobile Apps
Locations  Bangalore
Local Time 4:21 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 12 thousand (Native Currency: INR 1,000,000)
Reason: Some product in our space got heavily funded from marquee investors and it was difficult to monetize... View More
Interested to connect with advisors
Documents
Business Overview

- A mobile app for Indian SMEs to get online with a click and run their shops/business efficiently such as kiranas, hardware, stationary, pharmacy, sporting goods, electronics, furniture, and apparel & garments shops.

- SMEs can take their stores online for free, accept orders, manage supplier credits, ledger, and store inventory.

- Launched last year & reached 10K+ installs within the first 30 days.

- Currently have 15k+ installs and 800+ DAU. Each install represents an individual store.

- We have been operating under a freemium model, and our business has not generated any revenue.

- Buyer can generate revenue from this business by adding in paid features, using a subscription model, or if they have good connections - can create a marketplace where the retail stores can purchase from distributors directly from the app.

- 3 Promoters are IIT alums & experienced professionals with 17+ years of experience collectively in the tech domain.

- This product can scale in India or any other developed/developing nation very effectively considering simple UI, stable product & good back-end architecture.

- Sale would include the mobile application, but also open to sell the private limited company if the buyer is interested.

Products & Services Overview

- Create an online store for free in seconds.

- Create & manage product catalog.

- Manage inventory–inward & outward record keeping.

- Manage supplier purchases & organize invoices/bills.

- Create purchase orders based on suggestions.

- Digital ledgers; collection reminders of credits from customer & supplier.

- Share store access or manage multiple stores.

Assets Overview

Business does not own any physical assets.

Intangible assets include - product, source code & technical documentation which includes existing code, product roadmap and market research.

Facilities Overview

Business does not operate from any office.

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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