Mobile App Investment Opportunity in Pune, India

Startup seeking capital to build a mobile app-based aggregation platform for grocery delivery & handyman services.

Established 1-5 year(s)
Employees 2 - 5
Legal Entity Private Limited Company
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Mobile Apps
Locations  Pune
Local Time 7:51 AM Asia / Kolkata
Listed By Management Member
Status Active
Overall Rating
Seeking Investment
USD 130 thousand for 30.0% stake (Native Currency: INR 10,000,000)
Reason: The funds will be used to acquire vehicles, hire staff including 2 to 3 engineers and towards produc... View More
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Business Overview

- Intend to offer a mobile app-based aggregation platform for grocery delivery & handyman services.

- The app would allow grocery retailers to offer home delivery services to their customers.

- Customers can place an order through our app to hire a team of delivery executives who will pick up groceries from the retailers and deliver it to their doorsteps for a fixed fee.

- The delivery executives will work with us on a revenue-sharing model with commissions and incentives.

- At present, we have reached out to around 5 - 10 local retailers who have agreed to enlist on our platform.

- In addition to this, we also intend to list handyman services on our app where users can hire local plumbers, electricians, and other home service professionals.

- We also intend to launch our own car wash service through the app.

- Intend to cater to customers in Hinjewadi locality in Pune at first and then expand across the city gradually.

- Expect to be operational within 6 months of securing capital.

- The app is currently under development in-house and is being developed for both iOS and Android platforms.

Products & Services Overview

Last-mile grocery delivery, aggregation of handyman services, car wash services.

Facilities Overview

800 sq. ft. of space shared with another business. The property is personally owned by the promoter and the business does not pay any rent.

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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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