Online Marketplace Company Investment Opportunity in Bangalore, India

Digital marketplace for users to order from establishments, operating in Karnataka and Andhra Pradesh.

Established From
Employees
Legal Entity
Reported Sales
Run Rate Sales
USD 17 thousand
EBITDA Margin
10 - 20 %
Industries
Locations
Local Time
7:14 AM Bangalore
Listed By
Business Owner / Director
Status
Moderately Active
Overall Rating
Seeking Investment
USD 57 thousand for 10.0% stake (Native Currency: INR 4,000,000)
Reason: Increase transactions and customer base. Investment will also be used for marketing and branding.
Interested to connect with advisors
Name, Phone, Email
Not disclosed
Business Name
Not disclosed
User Verification
Documents
Business Overview

- We run an online Hyperlocal Digital platform which allows users to order from retail stores, restaurants and any other form of establishment and get the items home delivered.

- Our vision is to digitize the business in every location across India irrespective of the business sector.

- Currently we are in 5 locations in Karnataka and Hyderabad.

- We have on boarded over 2,000 retailers and have over 20,000 consumers across these 5 locations.

- On a daily basis we have 15 transactions happening in each of our location.

- We also help set up a digital billing system for online businesses and a Digital POS system for offline businesses.

- Our business has tied up with 1 third party provider of POS systems.

- We charge a commission on every transaction that happens, either online or offline with the businesses that we have set up these systems.

- There are opportunities for businesses to advertise on our platform, for which we charge advertising fees.

- There is also an annual maintenance fees that businesses using the POS systems and online billing systems have to pay.

- We have developed a new solution for restaurants and hotels, where instead of a waiter coming and giving customers a menu and waiting for them to order, there are bar codes next to each item on the menu. The user has to scan the bar code and the food will be prepared accordingly.

- This new product is complete, but has not been launched yet.

- The business was established in 2015 but has only started generating revenue since the past 7 months.

Products & Services Overview

Digital Advertisement, Digital Shopping Experience, Digital Billing System, Digital ePOS solution.

Facilities Overview
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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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