Mobile App Investment Opportunity in Gurgaon, India
Established | 1-5 year(s) |
Employees | 2 - 5 |
Legal Entity | Private Limited Company |
Reported Sales | Nil |
Run Rate Sales | USD 60 thousand |
EBITDA Margin | 18 % |
Industries | Mobile Apps + 1 more |
Locations | Gurgaon |
Local Time | 11:02 PM America / Chicago |
Listed By | Management Member |
Status | Active |
- Company was established in the month of September 2019 in Gurgaon.
- It's an online marketplace and mobile app where customers can buy bulk groceries from different vendors.
- We just launched a beta version of our app and signed up 5 customers who are basically restaurants in Gurgaon and generated sales of USD 6,000 within two weeks.
- Have more than 10 vendors registered with us.
- We have just introduced the beta version of the app to know how it works. The app has been stopped for a few days to make required modifications.
- Our customers would typically include restaurants, hotels, catering, paying guest, schools and universities.
- Business will acquire more than 100 customers in next 6 months and total expected revenue projected is around USD 3-4 million.
- We monetize our app and website through charging 2.5% commission on each orders from vendors and also through advertising.
- Our website is in the development process and it would go live in next 3 months.
- Also planning to launch our platform in Vancouver and Toronto after 12 months since one of our management member is based in Canada. Both are major cities in Canada with a lot of opportunity. Have few connections in Canada that could help us grow.
- Our assets include software, furniture and office equipment.
Mobile app and online marketplace for customers to buy bulk groceries.
Small rented office in Gurgaon.
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Earlier than 15 daysDigital Lead Consultant, IT, Bangalore, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysCloud Engineering Manager, Financial Services, Chicago, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysDirector, Furnishing, Delhi, Individual Investor / Buyer connected with the Business