Mobile App Seeking Loan in Bengaluru, India
Pre-revenue mobile app aimed at enhancing restaurant visibility and food discovery, seeking funding.
This transaction has concluded.
| Established | 5-10 year(s) |
| Employees | 2 - 5 |
| Legal Entity | General Partnership |
| Reported Sales | Nil |
| Run Rate Sales | Nil |
| EBITDA Margin | Nil |
| Industries | Mobile Apps |
| Locations | Bengaluru |
| Local Time | 6:59 AM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Active |
Seeking Loan
USD
110 thousand
for
9.0%
annual interest,
5
years
(Native Currency: INR 10,000,000)
Reason: The funds will be utilized to accelerate growth initiatives, primarily focused on marketing and bran...
View More
Collateral Available: USD 0
Documents
Domain-Verification.pdf
(213.9 KB)
Business Overview
- Innovative pre-revenue app based in Bengaluru that enhances online services for restaurants while helping food lovers discover new culinary experiences.
- The platform allows users to find great dishes and restaurants without ordering online, encouraging them to visit establishments or use their preferred delivery services.
- Users can connect with fellow food enthusiasts, share experiences, and uncover hidden culinary gems, contributing to a personalized food journey across cities.
- The platform boasts a food diary function, discovery of new dishes, and user-generated recommendations at no cost, enhancing the overall user experience.
- Has a comprehensive database of 13,000 listed restaurants, making it easy for users to explore local dining options and irresistible dishes.
- The business offers five subscription plans targeted at B2B clients and plans to introduce B2C membership, currently serving 35 B2C members with a strong growth potential.
- While all current members are on free plans, the management anticipates revenue generation through subscription plans as they convert their user base over time.
- The business is led by a promoter with 14 years of industry experience, ensuring a knowledgeable approach to both service delivery and market growth.
- Operates with a valid registration certificate.
- The platform allows users to find great dishes and restaurants without ordering online, encouraging them to visit establishments or use their preferred delivery services.
- Users can connect with fellow food enthusiasts, share experiences, and uncover hidden culinary gems, contributing to a personalized food journey across cities.
- The platform boasts a food diary function, discovery of new dishes, and user-generated recommendations at no cost, enhancing the overall user experience.
- Has a comprehensive database of 13,000 listed restaurants, making it easy for users to explore local dining options and irresistible dishes.
- The business offers five subscription plans targeted at B2B clients and plans to introduce B2C membership, currently serving 35 B2C members with a strong growth potential.
- While all current members are on free plans, the management anticipates revenue generation through subscription plans as they convert their user base over time.
- The business is led by a promoter with 14 years of industry experience, ensuring a knowledgeable approach to both service delivery and market growth.
- Operates with a valid registration certificate.
Products & Services Overview
The business offers a food discovery and engagement platform used by food lovers to find dishes and restaurants, share experiences, and plan dining without being tied to a specific ordering service. Restaurants use the platform to showcase their offerings, increase visibility, and attract customers through subscription-based tools. The primary users are consumers and restaurants, with revenue expected to be generated through B2B subscriptions and future B2C memberships.
Assets Overview
There are no tangible assets owned by the business.Intangible assets:
- Website.
- App.
- Restaurant database.
Facilities Overview
The team works remotely, and the business does not maintain a dedicated office space.
Capitalization Overview
The business has raised INR 1.71 crore in a pre-seed funding round and is currently operated by two partners.
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