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    Mobile App Investment Opportunity in Mumbai, India

    Loyalty wallet / SaaS platform that helps users to manage & track loyalty cards / rewards in one app.
    Established 5-10 year(s)
    Employees 5 - 10
    Legal Entity Public Limited Company
    Reported Sales USD 90 thousand
    Run Rate Sales USD 24 thousand
    EBITDA Margin 25 %
    Industries Mobile Apps
    Locations  Mumbai
    Local Time 6:20 PM Asia / Kolkata
    Listed By Business Owner / Director
    Status Active
    Overall Rating
    7.4 / 10
    Compare with industry
    Seeking Investment
    USD 270 thousand for 30.0% stake (Native Currency: INR 20,000,000)
    Reason: Product enhancement.
    Growth & expansion.
    Talent acquisition.
    Merchant & User acquisition.
    Name, Phone, Email
    Not disclosed
    Business Name
    Not disclosed
    User Verification
    Documents
    Domain-Verification.pdf
    Domain-Verification.pdf (213.0 KB)
    Business Overview

    - Our wallet helps customer to manage reward card and track reward points in a single app.

    - Doubles up as a B2B platform through which we serve the loyalty programs of malls like Infiniti Mall, Oberoi Mall, Lulu Mall, Pavilion Mall and more than 12 major malls across India are coming onboard by July 2016. Lulu Mall is planning to introduce us in the Middle East market soon.

    - Till date, we have processed total sales of Rs. 113 crores on our platform, issued 13 million reward points with a redemption ratio of close to 50.

    - We are serving around 40,000 customers currently with our app installs across iOS & Android touching 16,000+ installs.

    Products & Services Overview

    - Customer engagement interface.

    - Loyalty program setup & management.

    - Mobile rewards commerce - pay with points.

    - Rewards marketplace.

    - Loyalty cards & rewards aggregation.

    - Analytics.

    Facilities Overview

    Based in Mumbai.

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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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