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 25 thousand
EBITDA Margin 25 %
Industries Mobile Apps
Locations  Mumbai
Local Time 3:27 AM Mumbai
Listed By Business Owner / Director
Status Active
Overall Rating
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
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.

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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