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Online Marketplace Startup Investment Opportunity in Mumbai, India

Online marketplace assisting costumers to fulfil their wedding requirements by connecting them with multiple vendors.

Established 0-1 year(s)
Employees 2 - 5
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Online Marketplace
Locations  Mumbai
Local Time 3:49 PM Asia / Kolkata
Listed By Business Owner / Director
Status Recently Active
Overall Rating
Seeking Investment
USD 110 thousand for 25.0% stake (Native Currency: INR 8,000,000)
Reason: The investment is required for: - Onboarding vendors & customers. - Complete development of the we... View More
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Business Overview

- Our business is essentially an online marketplace that will assist customers in fulfilling their wedding requirements by connecting them with multiple vendors on our portal.

- The online marketplace will be incorporated under a different private limited company. It has not been incorporated yet.

- The owner also operates an IT company that will be unrelated to this business. The two companies will be functioning autonomously with no profit sharing.

- This investment opportunity is only for the new company which is an online marketplace for wedding supplies & services and all the details mentioned on this profile are for the new company.

- Our website will be a one-stop-shop for couples who are getting married. They will be able to choose from multiple vendors as per their specific requirements of wedding supplies and services such as decoration, party halls, caterers, sweets, DJs, and flowers, etc.

- Customers will be able to compare prices for their desired services from a vast array of vendors and connect with them through our website.

- Our company will be earning revenue through multiple channels: monthly listing fee paid by each vendor for being listed on our portal, commission paid by each vendor for every service booked where our commission will be a certain percentage of the value of the service along with packages that will be offered to soon-to-be-married couples which will include a personal wedding arrangement assistant and other benefits.

- We have not generated any revenue so far. The beta version of the website is complete. However, many more technological advancements are still required to hold large traffic.

- The website will be functional and commence generating revenue within 2 to 3 months after the capital infusion by the potential investor.

Products & Services Overview

The business will be offering an online marketplace that will assist costumers in fulfilling their wedding requirements by connecting them with multiple vendors on our portal.

Assets Overview

The business does not own any physical assets.

Facilities Overview

The business does not have a physical office and all employees are working from home.

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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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