Mobile App Investment Opportunity in Delhi, India
|Employees||5 - 10|
|Legal Entity||Private Limited Company|
|Reported Sales||USD 600|
|Run Rate Sales||USD 1.6 thousand|
|EBITDA Margin||0 - 10 %|
|Local Time||8:28 AM Asia / Kolkata|
|Listed By||Business Owner / Director|
- Business is a food ordering platform with a B2B approach, catering to college canteens, hospitals & corporate canteens online.
- The focus is to minimize the waiting time for students and patients by placing an order prior to the lunch break.
- We target college and hospital canteens and bring their services to the customers via an app.
- We have partnered with 1 hospital and 3 colleges in Delhi till now for the app-based canteen system. We have massive pipeline - but need funds for expansion.
- The users can download our iOS and Android app and place orders. We have very low customer acquisition cost (about INR 10-15 only)
- We charge 7-10% of the transaction value from the canteen service provider.
- The target market for this sector is huge as there are over 60,000 colleges and universities in India and over 69,000 public & private hospitals.
- In-conversation with a food service co-present in more than 72 hospitals.
- In-contract finalization stage with the canteen operator in 8 colleges in Greater Noida & ready to go live, we are holding back due to the small team size.
- We are also in conversation with 40-50 other colleges in the city who are willing to get on board once colleges are open.
- Founder is a serial entrepreneur with prior experience in VC fundraising & VC exits with over 20% IRR.
App-based, food ordering platform with B2B approach for education and healthcare sector.
- Business is app based so we do not have any physical assets.
- We own the website IP, domain, iOS & Android app for customer, Android app for canteens, and backend.
We currently operate from a home-office. However, most operations are done virtually.
2 days, 5 hours agoGroup Finance Director, Education Management, Dubai, Individual Investor / Buyer connected with the Business
Earlier than 15 daysIndividual, Investor, Dubai, Individual Investor / Buyer connected with the Business
Earlier than 15 daysBusiness Head, Consumer Electronics, Lucknow, Individual Investor / Buyer connected with the Business