Mobile App Investment Opportunity in Mumbai, India
Loyalty wallet / SaaS platform that helps users to manage & track loyalty cards / rewards in one app.
| Established | 10-20 year(s) |
| Employees | 5 - 10 |
| Legal Entity | Public Limited Company |
| Reported Sales | INR 65 lakh |
| Run Rate Sales | INR 18 lakh |
| EBITDA Margin | 25 % |
| Industries | Mobile Apps |
| Locations | Mumbai |
| Local Time | 5:17 AM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Moderately Active |
Partial Stake Sale
INR
2 crore
for
30.0%
stake
(Native Currency: INR 20,000,000)
Reason: Product enhancement.
Growth & expansion.
Talent acquisition.
Merchant & User acquisition.
Growth & expansion.
Talent acquisition.
Merchant & User acquisition.
Name, Phone, Email
Not disclosed
Business Name
Not disclosed
User Verification
Documents
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.
- 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.
Capitalization Overview
Not Disclosed
Recent Activity
-
Earlier than 15 daysCXO, Edutech, Startup Consulting, Chennai, Individual Investor / Buyer connected with the Business
-
Earlier than 15 daysExcutive Director, FinTech, Pune, Corporate Investor / Buyer connected with the Business
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