Newly Established Food Delivery Business Investment Opportunity in Bangalore, India

- Market Gap: Due to high costs of mixed fruit bowls through Swiggy/Zomato (INR 100-200 w/ delivery), no daily subscription exists to take over people's total fruit intake. By saving 90% on delivery fees by targeting large (1,000+ flats) gated communities, general high margins of wholesale fruits and extra margins by serving cut, we were able to price at INR 60-70 profitably (30-40% margins), thereby creating the "price sweet spot" for customers to pay for and start monthly subscriptions.
- Trial last month: We onboarded 30 pre-paid monthly subs from one society, each averaging 25 bowls/month, INR 400-500 final profit per household. This, with only one single Push notification from our app, and despite a badly timed massive water crisis at the chosen community.
- Round 1 Investment Plan is to raise INR 50 Lakhs from 5 individuals (INR 10L each), targeting 1000 Subscribers across 20 communities in 1 year.
- Business will look to use business loans or revenue financing from 2nd year onwards to fuel growth, sharing profits with all equity holders for long-term.
- Business can also offer partial exits/multiples through Round 2 of funding at INR 20 Cr valuation, or possibly through outright sale of the company.
- The founder worked at Google as a Google Ads specialist before starting up and currently running a 6-year-old successful business that operates pan-India and has served 80,000+ orders with a 4.5-star rating on Google.