Online Marketplace Company Investment Opportunity in Kozhikode, India

- Recently incorporated company that offers an online marketplace for semi-skilled and unskilled services.
- Two separate applications, one for users who are willing to provide all kinds of unskilled/semiskilled services and another for those who need a trustable individual to help them in their day to day life.
- Users can avail themselves of these services by listing their tasks as an advertisement.
- Users can advertise tasks like paying a bill, hiring a driver, someone to accompany them while shopping, pick up from the post office.
- Have successfully launched the mobile applications for availing services and started marketing the application last week.
- 300 total users which includes 50 service sellers.
- We verify sellers of services and will onboard them through the website until we launch the application for them as well.
- Currently not charging our users as we are in the marketing phase, we plan to charge a fixed commission of 10-15% from the service sellers in the future.
- As the business at present does not generate any revenue but has expenses for rent, marketing, and salaries, it is currently operating at a loss equivalent to its fixed costs.
- Promoter is highly driven and believes this mobile application has a first-mover advantage in developing a marketplace for semi-skilled and unskilled services.