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Mobile App Investment Opportunity in Hyderabad, India

Mobile app offering delivery of goods from local stores in Hyderabad.

Established 1-5 year(s)
Employees 10 - 50
Legal Entity Public Limited Company
Reported Sales Nil
Run Rate Sales USD 90 thousand
EBITDA Margin 15 %
Industries Mobile Apps
Locations  Hyderabad
Local Time 4:45 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Investment
USD 40 thousand for 20.0% stake (Native Currency: INR 3,400,000)
Reason: Looking to invest in the technology as well as increase our marketing.
Includes physical assets worth USD 9 thousand
Name, Phone, Email
Not disclosed
Business Name
Not disclosed
User Verification
Documents
Business Overview

- We have developed a mobile application that allows users to order goods from local stores.

- Currently we operate only in Hyderabad and generate 2 to 4 orders daily.

- Have been in operation for around 5 months and have 600+ active users.

- We have tied up with 2 supermarkets as well as 25 small shops in the area.

- The products are listed on our application at a margin and that is how we generate revenue.

- Company has 5 of its own delivery drivers who pick up and deliver the products.

- Promoter has over 3 years of experience working in the field of logistics.

- Company's physical assets include furniture, laptops and other office set up.

Products & Services Overview

Delivery of goods from local stores in Hyderabad.

Facilities Overview

Rented office of 1,000 Square Feet which is fully furnished.

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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