Mobile App Investment Opportunity in Delhi, India

Digital billing app targeting offline retailers that produces automatic mobile receipt for customer, seeking investment.

Established
Employees
Legal Entity
Reported Sales
Run Rate Sales USD 27 thousand
EBITDA Margin 0 - 10 %
Industries Mobile Apps
Locations  Delhi
Local Time 7:10 AM Delhi
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Seeking Investment
USD 540 thousand for 20.0% stake (Native Currency: INR 40,000,000)
Reason: Need to scale our business operations to acquire merchants and technology cost to get to 100% covera... View More
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Business Overview

- Our product is one which links the billing system of a business with the mobile phone of the consumer.

- The consumer will get a digital receipt on their phone of every purchase that they make and the record is maintained forever.

- Irrespective of what kind of billing system the shopkeeper / retail outlet uses, we can integrate our system with theirs in 20 min (we are agnostic of every billing system)

- With every receipt, the consumer has an option to look at offers which can be anything: a social issue (educate a girl child, etc, it can be an ad for XYZ product, a promotion, etc. - this is our initial revenue model.

- We have gone past the Beta with 20+ Retailers, 10K receipts within one month.

Products & Services Overview

Mobile App.

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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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