Online Marketplace Startup Equity Stake For Sale in Muddebihal, India

The business is a planned hyperlocal marketplace platforms connecting customers with nearby retail stores, home sellers, bakeries, restaurants, cloud kitchens and selected grocery and fashion products.

Customers will be able to browse products, order for local delivery or visit stores directly. The initial rollout will focus on a compact area of approximately 500 metres in Muddebihal, with the aim of onboarding as many local households as possible.

The proposed customer subscription is ₹200 for 10 days, providing unlimited orders on both platforms. Customers joining partway through a subscription cycle will pay ₹20 per remaining day, with all subscriptions in that cycle ending on the same date.

Revenue will also come from vendors, who will be charged an agreed percentage of their total platform sales every 10 days, rather than a separate commission on each order.

The integrated delivery model, subscription system and operating plan are being prepared for launch, subject to the required licences and approvals. Intangible assets: the brand and fashion marketplace platform (mobile app/website), the hyperlocal marketplace platform, the product-sticker based stock-tracking system and workflow, vendor and seller relationships, and the content, images and videos created for marketing. Tangible assets: none at present. Planned purchases (not yet owned) include electric delivery scooters, delivery bags, and branded stickers/pamphlets. The business has not rented a dedicated office space yet. The initial operations are planned to be based in Muddebihal, Karnataka, using a local network of partner stores and delivery operations. The business is currently funded by its founders and has no outstanding loans. The business is owned by two partners, with each partner holding a 50% ownership stake.