Newly Established Food Delivery Company Seeking Loan in Nizamabad, India

Food delivery business seeking funds to start drone delivery services in Nizamabad.

Established From
Employees
Legal Entity
Reported Sales
Run Rate Sales
USD 13 thousand
EBITDA Margin
10 %
Industries
Locations
Local Time
7:01 AM India
Listed By
Business Owner / Director
Status
Active
Overall Rating
Seeking Loan
USD 70 thousand for 15.0% annual interest, 7 years (Native Currency: INR 5,000,000)
Reason: To manufacture our own drones and for marketing.
Collateral Available: USD 0
Includes physical assets worth USD 13 thousand
Name, Phone, Email
Not disclosed
Business Name
Not disclosed
User Verification
Documents
Business Overview

- Newly started delivery business based out of Nizamabad.

- We offer delivery services for food items, raw materials, groceries.

- Have tie up with 35-40 premium restaurants across Nizamabad.

- We receive orders through mobile app and our mobile app has more than 3,000 users so far.

- We do 5-10 order deliveries per day.

- Currently operational in Nizamabad and we will slowly expand to neighbouring cities like Warangal, Karimnagar, Hyderabad.

- We charge delivery fee to restaurants and customers to generate revenue.

- Have already developed a drone prototype to deliver food products.

- Business owns furniture, computers, website, app, drone prototype.

Products & Services Overview

We offer delivery services for food items, raw materials, groceries.

Facilities Overview
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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