Need help?

Mobile App Investment Opportunity in Vizianagaram, India

Grocery delivery business in Vizianagaram delivering 40 orders daily, seeking funds for marketing and improving warehouse efficiency.

Established 1-5 year(s)
Employees 2 - 5
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales Nil
Run Rate Sales USD 50 thousand
EBITDA Margin 0 - 10 %
Industries Mobile Apps
Locations  Vizianagaram
Local Time 2:52 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Investment
USD 18 thousand for 50.0% stake (Native Currency: INR 1,500,000)
Reason: Seeking funds to promote our app, strengthen warehouse, set-up delivery channels, and working capita... View More
Includes physical assets worth USD 5 thousand
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
Brochure
Business Overview

- Company provides on-demand hyper local delivery services by connecting users with local merchants in Vizianagaram.

- We offer delivery of a wide assortment of groceries, fresh fruits & vegetables, cosmetics, electronics, bakery items, baby care products, pet care items, and gifts.

- Partnered with Walmart and 2 local vendors.

- Operating since 8 months by taking orders through WhatsApp.

- Delivery team with 2 delivery boys and own vehicles, completing up to 40 orders daily.

- On average, each order is worth around INR 3,000 - 4,000.

- Revenue model: Delivery fee and commission charged on an order basis.

- We have developed an Android app, and are seeking funds to expand our warehouse storage capacity and to market and promote our app.

- Business owned assets include vehicles, computers, and furniture.

Products & Services Overview

Mobile app for delivery of groceries, fresh fruits & vegetables, cosmetics, electronics, bakery items, baby care products, pet care items, and gifts.

Facilities Overview

Rented 400 sq ft warehouse, along with the office.

Capitalization Overview
Not Disclosed
Recent Activity
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. Note that SMERGERS is not liable for any loss, damage, costs, claims and expenses whatsoever arising from transacting with any other user from the website. The final responsibility of conducting a thorough due diligence and taking the transaction forward lies with the users. Please read best practices on SMERGERS.
Contact Business

5 Investors already contacted this Business.
Register below to connect now!

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.
You might also be interested in these businesses

    Frequently
    Asked
    Questions

    • Why can’t I see the business’ name or contact number? How do I contact the business?
    • What level of due diligence does SMERGERS conduct on the businesses/member?
    • How active are the business profiles listed on SMERGERS?
    • How does SMERGERS rate business profiles?
    • Do I need to pay to connect with a business?
    • Show more