Newly Established Liquor Store Investment Opportunity in Mumbai, India

- It is an Alco-Bev platform.
- It is a discovery, delivery, experience platform.
- Deliveries are ongoing in Maharastra. Recently secured a delivery license for West Bengal also.
- Company combines the compliance of a traditional distribution system with the new age of direct-to-consumer eCommerce.
- 90% of area coverage in Mumbai and Thane.
- 100,000 + app downloads.
- INR 29 crores of sales in the last 20 months at an average order value of INR 2,100.
- Capable of 50% year-on-year organic growth.
- Maharashtra’s first-ever digital bar. Buying booze is now possible at the tap of your fingertips.
- The bar comes at your doorstep to be your digital drinking buddy, all that at the comfort and safety of your home.
- There is a slight dip in sales because of the Covid pandemic.
- Founders: After waiting for a decade, the sibling founders used their perfect window to kickstart their next venture in May 2020, which aims to build India’s first experiential full-stack marketplace for Alco-Bev. A $50 billion market is finally opening up for digital transformation.
- One of the founders is a 2x founder and was successful in bootstrapping his last venture which is currently valued at $15 million, with offices in the US, EU, and India.
- The other founder is a seasoned technologist with experience in handling large-scale system design, product management, and digital transformation.
- They are now open for their first fundraising to enhance product capabilities, accelerate growth and expand markets.
- Our advisor company does not charge anything from the investors.