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Trucking Company Investment Opportunity in Mysore, India

Company that has an organized logistic eco-system achieved through digitization, seeks investment.
This Business is on a Premium Plan
Established 5-10 year(s)
Employees 10 - 50
Legal Entity Private Limited Company
Reported Sales USD 9 - 10 thousand
Run Rate Sales USD 90 thousand
EBITDA Margin 0 - 10 %
Industries Trucking + 1 more
Locations  Mysore
Local Time 10:54 PM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Partial Stake Sale
USD 1.2 million for 15.0% stake (Native Currency: INR 100,000,000)
Reason: 10% of funds will be used for employee salary, buying / leasing vehicle, 50% will be used to manage ... View More
Includes physical assets worth USD 80 thousand
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Business Overview

- Company has been working on this model since 3.5+ years and we have developed a product and working on real time field testing.

- Platform which serves as customer app from 0.75 tonnage till 40 tonnage.

- Extending from micro to parcel services.

- Successfully served Mysuru and Bangalore customers - Received 200+ customers, INR 60 lakh transaction having 17+ own fleet.

- Initial fund raised through 23 members is INR 2.29 crore giving shares INR 200/- per share based on the initial valuation.

- Fund develop platform, branding and purchase of our own fleet.

- We have 10 promoters who believe in rural entrepreneurship and have 5 to 35+ years of experience in technology, business, and promotional background.

Products & Services Overview

Serving to aggregate customers booking micro, macro, and parcel trips, a franchise application to serve to connect franchises planning across Tier 1 to Tier 3 cities. OLS virtual university developed launching first certificate course from August to develop skill development. Planning to establish product technology, parking loT and services solutions in logistics.

Assets Overview

10 Jeeto vehicle, 1 Partner vehicle, 2 Bolero pickup, and 4 Supro vehicle.

Facilities Overview

Office taken on rent which can accommodate 30 employees.

Capitalization Overview
Not Disclosed
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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