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Nutrition Food Startup Investment Opportunity in Dubai, United Arab Emirates

Meal subscription online platform in UAE offering AI-powered platform for executives, fitness enthusiasts, and kitchens.

Established 0-1 year(s)
Employees 5 - 10
Legal Entity Limited Liability Company (LLC)
Reported Sales USD 60 thousand
Run Rate Sales USD 180 thousand
EBITDA Margin 2 %
Industries Nutrition Food + 1 more
Locations  Dubai
Local Time 10:14 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Partial Stake Sale
USD 100 thousand for 15.0% stake (Native Currency: USD 100,000)
Reason: Seeking investment to accelerate business growth, partner with more reach USD 500k GMV in next 3 mon... View More
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Business Overview
- UAE's first meal subscription online platform in Dubai.
- Offers an AI-powered platform that caters to the needs of working executives and fitness enthusiasts.
- The business provides meal plans tailored to customers' budgets and lifestyles, offering a SaaS platform for kitchens to establish and expand their meal subscription operations.
- The company is positioned to tap into the substantial $10 billion meal plan subscriptions market, showcasing significant growth potential.
- With active partnerships with 85 cloud kitchens and restaurants, the business has successfully attracted 600 active subscriptions from individuals and corporate clients across Dubai.
- The business operates on a B2B model, catering to corporate partnerships, as well as a B2C model, targeting individual working professionals.
- The average subscription cost ranges from AED 600 to 750 per month.
- Business has an e-commerce license.
- The business started operations 7 months back, which is the reason for the high growth in annual turnover from last year to this year.
- The promoter is a Dubai resident, but he is currently in India.
Products & Services Overview
An AI powered meal subscription platform that helps working executives and fitness enthusiasts to discover and subscribe to meal plans that suit their budget and lifestyle, and helps meal providers to tap into the $10B meal plan subscriptions market.
We offer meal plans to customers, a SaaS platform for kitchens to build and scale meal subscription businesses.
Assets Overview
Business doesn't have any physical assets of significant value.
Facilities Overview
Operating from a co-working office space in Silicon Oasis, Dubai. Rent is AED 5k per month.
Capitalization Overview
Business is bootstrapped.
Having outstanding founder's loans.
There are 3 shareholders.
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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