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Mobile App Seeking Loan in Vijayawada, India

IT startup providing home demand services by aggregating service providers on app.

Established 0-1 year(s)
Employees 5 - 10
Legal Entity Private Limited Company
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Mobile Apps
Locations  Vijayawada
Local Time 10:21 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 20 thousand for 20.0% annual interest, 5 years (Native Currency: INR 1,500,000)
Reason: Business development and expansion.
Collateral Available: USD 53 thousand
Includes physical assets worth USD 2.7 thousand
Interested to connect with advisors
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Business Name
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Business Overview

- Business is a newly established platform that aggregates service providers.

- We have vendors and service providers listed on our app that deliver products and services to the customers.

- We charge a percentage commission from the vendor depending on the service.

- Currently, we have 40+ service providers in Hyderabad and 25+ in Vijayawada.

- These services include health care, beauty, cleaning, repairing, gardening, etc.

- When the customers place an order for a specific service, we send this order to the most relevant service provider, and the service is delivered at the doorstep.

- We are not operational yet as the app is newly developed. But we are in the process of increasing the number of listed services providers pan India.

- The owner has 7+ years of experience in IT and management.

- The funds will be used to market the app and for further expansion.

Products & Services Overview

Services like electricians, plumbers, beauty services, nursing care are provided via the app.

Assets Overview

Sundry office equipment like laptops and furniture.

Facilities Overview

Rented 2,700 sq. ft. space in Vijayawada.

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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