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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 7:55 AM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Partial Stake Sale
USD 17.8 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 4.7 thousand
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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
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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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