Business Overview
- Mumbai based start-up building a web based aggregation service for daily essentials.
- Have a strong business model with the product 90% complete, currently being tested internally.
- Have signed 5 LOI's with prospective vendors who have agreed to share with us a database of 25,000 households.
- Projected to reach break-even in 9 months time and then start growing at 12% YoY.
- Promoters are highly experienced, with the director having pioneered and implemented multiple industry initiatives in the payments and retail sector for many MNC's for over 20 years.
Products & Services Overview
- Bill payments for daily essentials like newspapers, cable TV, utilities and groceries.
- AMC's for home appliances like AC and water purifiers.
Partial Stake Sale
USD
146 thousand
for
40.0%
stake
(Native Currency: INR 12,500,000)
Reason: Need funds to go live. Have a strong business model and a nearly complete product.
Includes physical assets worth
USD
3.5 thousand
In talks with 3 Investors