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Mobile App Investment Opportunity in Mumbai, India

Mobile app for homemakers to manage kitchen, food, groceries & maids seeks funding for further product development.
This Business is on a Premium Plan
Established 0-1 year(s)
Employees 2 - 5
Legal Entity Private Limited Company
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Mobile Apps
Locations  Mumbai
Local Time 11:44 PM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Seeking Investment
USD 64 thousand for 20.0% stake (Native Currency: INR 5,000,000)
Reason: For product development, which includes a complete suite of applications and its roll-out to the use... View More
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Business Overview

- Business is in the pre-revenue phase, and the mobile application is still under development.

- A unique technology solution which helps manage the household kitchen where both couples work.

- The app helps households create a grocery list for a month or multiple months using our in-built technology.

- We are looking to integrate third party E-grocery businesses (Amazon Pantry, Swiggy etc) to our app so that customers can directly order the items on their grocery list through our app.

- We will also have a separate section on our app for maids. - Maids will be able to know what ingredients and food items are available at the household, for them to prepare meals.

- Since both both couples are working, the app will help bridge the communication gap between maids and households.

- Households will be able to rate maids based on their services.

- A list of maids will be available on the app depending on their location. This will help increase the job opportunities for the maids.

- We will be following a subscription based model.

- Have a target of 35 million users in India.

- The working model of the app will be available in a couple of weeks.

- The revenue generation will start in the first quarter of next year.

- App has been developed in-house by our team.

Products & Services Overview

- Family profile data.

- Food preferences and choices.

- AI-based complete grocery management suite for households.

- Family health statistics.

- Home maid management suite.

Assets Overview

No physical assets. Intangible assets are mobile app technology that we are developing.

Facilities Overview

Working from a temporary office space of one of our associates.

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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