Mobile App Seeking Loan in Ahmedabad, India
Discount application providing massive offers and discounts across 450+ restaurants, cafes, hotels, and salons.
| Established | 1-5 year(s) |
| Employees | 5 - 10 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | USD 41 thousand |
| Run Rate Sales | USD 67 thousand |
| EBITDA Margin | 20 % |
| Industries | Mobile Apps + 1 more |
| Locations | Ahmedabad |
| Local Time | 6:07 AM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Active |
Seeking Loan
USD
33 thousand
for
20.0%
annual interest,
3
years
(Native Currency: INR 3,000,000)
Reason: To clear all loans for business that were taken from friends. This will allow the owner to focus on ...
View More
Collateral Available: USD 0
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
GST Certificate
(431.8 KB)
Brand Logo
(41.8 KB)
Business Overview
- Company, headquartered in Ahmedabad, provides massive discounts across a network of restaurants, cafes, and salons through a user-friendly mobile app.
- Leveraging over 20 years of experience in sales and marketing across hospitality sectors, the app offers subscribers unmatched deals with nominal subscription charges.
- The platform has successfully surpassed 1,25,000 app downloads and boasts more than 40,000 active subscribers.
- With over 450 partnered establishments, the app covers 15 cities in Gujarat, facilitating the use of more than 2.4 lakh coupons and catering to over 5 lakh satisfied users.
- Major partners include renowned brands such as Sankalp, The Chocolate Room, Fortune Select Hotel, and Vadilal Hangout, enhancing the exclusivity and premium nature of the deals offered.
- The company’s revenue model hinges on subscription fees, enabling customers to reap the benefits of significant discounts in partnered restaurants and hotels.
- We have plans for geographic expansion into Maharashtra and Rajasthan, aiming to capture a larger market share while broadening its service offerings.
- Leveraging over 20 years of experience in sales and marketing across hospitality sectors, the app offers subscribers unmatched deals with nominal subscription charges.
- The platform has successfully surpassed 1,25,000 app downloads and boasts more than 40,000 active subscribers.
- With over 450 partnered establishments, the app covers 15 cities in Gujarat, facilitating the use of more than 2.4 lakh coupons and catering to over 5 lakh satisfied users.
- Major partners include renowned brands such as Sankalp, The Chocolate Room, Fortune Select Hotel, and Vadilal Hangout, enhancing the exclusivity and premium nature of the deals offered.
- The company’s revenue model hinges on subscription fees, enabling customers to reap the benefits of significant discounts in partnered restaurants and hotels.
- We have plans for geographic expansion into Maharashtra and Rajasthan, aiming to capture a larger market share while broadening its service offerings.
Products & Services Overview
App brings highly attractive and discount deals for our subscribers - no other company can give so many exclusive offers at nominal charges, our major clients are Sankalp, The Chocolate Room, Fortune Select Hotel, Lemon Tree Hotel, LORDS, Fern Residency, HOCCO Eatery, Vadilal Hangout and many more, right now.
Assets Overview
The business does not have any tangible assets. Intangible assets include our website and mobile application with over 125,000 downloads.
Facilities Overview
Office space of 400 sq ft for a monthly rent of INR 20K.
Capitalization Overview
Funded through loans taken from relatives and friends of INR 30 lakh. The business has a sole owner.
Recent Activity
-
Earlier than 15 daysRegional Head, Bank, Ahmedabad, Individual Investor / Buyer connected with the Business
Tags:
Online Marketplace Business Seeking Loan in Ahmedabad, India
·Lend to Online Marketplace Business in Ahmedabad, India
·Mobile App Seeking Loan in Ahmedabad, India
·Phone App Seeking Loan in Ahmedabad, India
·Online Marketplace Business Seeking Loan
·Lend to Mobile App in Ahmedabad, India
·Lend to Phone App in Ahmedabad, India
·Lend to Online Marketplace Business
·Mobile App Seeking Loan
·Phone App Seeking Loan
·Lend to Mobile App
·Lend to Phone App
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
1 Investor already contacted this Business.
Register below to connect now!
- Social
- Register
- Login
Who uses SMERGERS?
... and 63,500+ other businesses of all sizes.
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