Online Marketplace Company Investment Opportunity in Bangalore, India

App-based global marketplace for hiring people and applying to jobs listed by others, with 600+ daily new listings.

Established From
Employees
Legal Entity
Reported Sales
Run Rate Sales
Nil
EBITDA Margin
Operating at break even
Industries
Locations
Local Time
7:38 PM India
Listed By
Management Member
Status
Active
Overall Rating
Seeking Investment
USD 4 million for 20.0% stake (Native Currency: USD 4,000,000)
Reason: Seeking funds for marketing and expansion of the team. Need to make changes for compliance with GDPR... View More
Includes physical assets worth USD 70 thousand
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
Business Overview

- App-based global marketplace for hiring people and applying to jobs listed by others.

- Have over 100 job categories including IT services, handyman services, carpentry, painting, and household chores.

- We are on both Android and iOS platforms and have more than 1.5 lakh registered users within the first month. Have seen 100K installs on Android so far.

- 600-700 job listings are being generated daily.

- Have 4.8 / 5 and 5 / 5 rating in the Google Play and App Store respectively.

- Currently, our services are live in Egypt and we are looking to expand in other countries including the US, Canada, India, and China.

- Revenue model: We are currently not making profits. We do not charge any commission on transactions or fees to create listings on the platform. We would monetize through advertisements and subscription plans for verified members.

- Management team has over 15 years of industry experience.

- Business owned assets include 25 Macs, office equipment, and interior furnishings.

Products & Services Overview

Online marketplace through which users can hire people and apply to jobs listed by others.

Facilities Overview
Recent Activity
  • Earlier than 15 days
    Senior Manager - Transactions, New Delhi, M&A Advisor connected with this business
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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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