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Online Marketplace Startup Investment Opportunity in Mumbai, India

Web platform that provides end to end services with regards to vacation home fractions.
This Business is on a Premium Plan
Established 0-1 year(s)
Employees 5 - 10
Legal Entity Limited Liability Partnership (LLP)
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Online Marketplace
Locations  Mumbai
Local Time 10:10 PM Asia / Kolkata
Listed By Management Member
Status Active
Overall Rating
Seeking Investment
USD 270 thousand for 15.0% stake (Native Currency: INR 20,000,000)
Reason: - To give a head start with extensive digital marketing, and to achieve the set annual target of 15,... View More
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Not disclosed
User Verification
Documents
Business Overview

- We have a web platform in the final stages of development which would allow for purchase, self use, swap, gift and rent of vacation home fractions.

- The platform is 95% complete and is in final stages of the API integration.

- Domain currently has a dummy website and we plan to launch the live website by next month.

- Users on the platform will be able to buy fractions in investment homes at a ticket size that start as low as INR 25,000.

- They can then use the platform for self use or swap with other users, rent / sell among other users or retail market when they look to exit.

- Business model provides risk free property investment against a high rental income.

- We have finalized a deal of 10 properties with 1,000 fractions to be sold with one of our stakeholders who is a developer.

- In talks with additional developers to provide properties and fractions to sell on the platform. We also plan to purchase some of our own properties.

- Revenue on our platform would be generated from the fractional sales and resales.

- Management team has extensive experience in weekend home development, hotel and resort management and vacation rentals.

Products & Services Overview

Online platform for users to buy fractional ownership of vacation homes which they can then self use, swap, gift or rent to other users on the platform and the retail market. Users can also exit by selling their ownership on the platform.

Facilities Overview

Rented office space in Andheri, Mumbai.

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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