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Mobile App for Sale in Noida, India

Mobile app allowing users to buy products at wholesale and sell them on social media channels.
This transaction has concluded.

Established 5-10 year(s)
Employees 5 - 10
Legal Entity Private Limited Company
Reported Sales USD 14 thousand
Run Rate Sales USD 60 thousand
EBITDA Margin Nil
Industries Mobile Apps
Locations  Noida
Local Time 10:32 PM Asia / Kolkata
Listed By Management Member
Status Active
Overall Rating
Full Sale
Asking Price: USD 240 thousand (Native Currency: INR 20,000,000)
Reason: We have grown rapidly, however, the business has a shortage of working capital. The business has pot... View More
Interested to connect with advisors
Documents
Business Overview

- We are a social commerce app that allows users to buy products from registered suppliers on wholesale and sell them through social media channels.

- The business is registered in New Delhi but we operate from Noida.

- At present our app is only available on the Google Play Store.

- Our platform has more than 2 million registered users and 6,000 suppliers.

- We generate revenue by charging 20% commission on the supplier side for every successful transaction.

- Company has also registered with a logistics aggregator who provides logistic partners to deliver the product to the customers once a user has sold the product.

- We also manage prepaid & COD payments, returns and refunds from users.

- Promoter has over 8 years of experience in the field of business and technology.

- Our website is temporarily down as the license has expired and needs to be renewed.

Products & Services Overview

App enables users to find products listed by thousands of suppliers at wholesale price. Users sell these products on social media channels by adding their profits. After order confirmation our logistic partners deliver products to end customers.

Facilities Overview

Team works remotely.

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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