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Mobile App Investment Opportunity in Kolkata, India

C2C app for home-based businesses to simplify employability and re-commerce of domestic resources and skills.
This Business is on a Premium Plan
Established 0-1 year(s)
Employees 2 - 5
Legal Entity Limited Liability Partnership (LLP)
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Mobile Apps
Locations  Kolkata
Local Time 4:12 AM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Investment
USD 70 thousand for 20.0% stake (Native Currency: INR 5,000,000)
Reason: The funds will be used for app development, idea execution in the Indian market through brand establ... View More
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Business Overview

- Re-commerce and digital marketplace mobile application.

- The founders of the company have robust & versatile military experience with expertise in HR, administration, logistics, and operations.

- The company is registered in Pune but the operations are currently based out of Kolkata. Co-founders are located in Kolkata as well.

- Have successfully built and launched a prototype mobile application. Now, we want to rebuild and deliver the final mobile application and launch it. Kindly go through the attached investment proposal for a much more detailed understanding.

- App will cater to the business interests of home-based ventures and declutter our over-stuffed homes; thus, aims to provide better earnings, advertising, and a sustainable living environment.

- The maiden test city undertaken is Kolkata with an expansion plan to cities like Pune and Bengaluru.

In the next 5 years, we plan to build a revolutionary and engaging mobile application that:

A. Encourages simple exchange of services and products with effective utilization of dead assets; thus, reducing carbon footprint.

B. Creates a niche for home-based ventures by propelling their business through hyper-local publicity.

C. Time framed shifting-out sale with delivery option.

- The mobile application plans to earn revenue through a subscription model.

- Investor will get a 15% ownership in the partnership that owns the mobile application.

- The company envisages expanding and render a performance revenue of INR 379 million in the coming 5 years. Its total obligation of contribution is INR 3.5 lakh by both the partners to date.

Products & Services Overview

Digital marketplace that will offer advertising, SMO, digital marketing, re-commerce of skills & products, promotional activities, and provide a dedicated e-place to users.

Assets Overview

No physical assets, however, our online assets include the website and social handle.

Facilities Overview

We started right amidst COVID-19 outbreak so WFH is working for us.

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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