Mobile App Investment Opportunity in New Delhi, India
|Employees||10 - 50|
|Legal Entity||Private Limited Company|
|Reported Sales||USD 1.2 million|
|Run Rate Sales||USD 2.3 million|
|EBITDA Margin||25 %|
|Industries||Mobile Apps + 1 more|
|Local Time||10:02 AM Asia / Kolkata|
|Listed By||Advisor / Business Broker|
- Business is an e-commerce platform for all essential products with a presence in 5 cities and monthly revenue of INR 1.5 crores.
- It runs on a subscription-based model where the customers can select monthly or 3 monthly subscription plans to get the essentials delivered to them in bulk quantities.
- Currently, there is no subscription-based service provider in India for groceries, using e-commerce.
- The major product is the delivery of bulk water cans. Other products like groceries, fruits, and juices are also available.
- The customers can download the Android or iOS app to place the order and choose a subscription plan or on a one-time payment basis.
- Users have the liberty to choose any brand of their choice such as Aquafina, Bailley, Bisleri, Kinley, Patanjali-DivyaJal, etc, and get instant delivery at their doorstep anywhere in India.
- There are rate contracts with the companies who sell their products on the platform.
- Deliveries are carried out through the company's own logistic services and marketing using digital services and social media.
- There are numerous segments and strategies under the model, details of which are available in the company profile.
- The business is backed by top venture capital firms such as Aha Ventures and Marwari Angels.
Terms of investment:
- 10% discount on future valuation.
- 6% interest addition on invested amount while converting it into equity.
- 2x guaranteed returns after 4 years or fair market value whichever is higher.
- Company is represented by an advisor on the platform.
Doorstep delivery of groceries, food and other essentials in India.
We own the infrastructure for management of nationally operational ecommerce business, computers, printers, office furniture and warehouses.
1,100 square fit area office of 1st floor in Gurgaon.
6 days, 15 hours agoFinancial Head, IT Software And Services, Pune, Corporate Investor / Buyer connected with the Business
6 days, 21 hours agoDirector, Construction, Melbourne, Individual Investor / Buyer connected with the Business
6 days, 22 hours agoOwner, IT, Delhi, Individual Investor / Buyer connected with the Business