Online Marketplace Company Investment Opportunity in Mumbai, India

Startup building a web based aggregation platform for daily essentials looking to raise funding.

Established From
Employees
Legal Entity
Reported Sales
Run Rate Sales
Nil
EBITDA Margin
Operating at break even
Industries
Mobile Apps + 1 more
Locations
Local Time
4:31 PM Mumbai
Listed By
Management Member
Status
Moderately Active
Overall Rating
Seeking Investment
USD 180 thousand for 40.0% stake (Native Currency: INR 12,500,000)
Reason: Need funds to go live. Have a strong business model and a nearly complete product.
Includes physical assets worth USD 4.4 thousand
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
Business Overview

- Mumbai based start-up building a web based aggregation service for daily essentials.

- Have a strong business model with the product 90% complete, currently being tested internally.

- Have signed 5 LOI's with prospective vendors who have agreed to share with us a database of 25,000 households.

- Projected to reach break-even in 9 months time and then start growing at 12% YoY.

- Promoters are highly experienced, with the director having pioneered and implemented multiple industry initiatives in the payments and retail sector for many MNC's for over 20 years.

Products & Services Overview

- Bill payments for daily essentials like newspapers, cable TV, utilities and groceries.

- AMC's for home appliances like AC and water purifiers.

Facilities Overview
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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