Online Marketplace Startup Investment Opportunity in Mumbai, India
|Employees||5 - 10|
|Legal Entity||Limited Liability Partnership (LLP)|
|Run Rate Sales||Nil|
|Local Time||10:10 PM Asia / Kolkata|
|Listed By||Management Member|
- 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.
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.
Rented office space in Andheri, Mumbai.
Earlier than 15 daysManaging Partner, IT, Bellevue, Individual Investor / Buyer connected with the Business
Earlier than 15 daysFinancial Head, IT Software And Services, Pune, Corporate Investor / Buyer connected with the BusinessEarlier than 15 daysBusiness sent a proposal to the Investor / Buyer
Earlier than 15 daysTechnical Partner, EduTech, Richardson, Individual Investor / Buyer connected with the BusinessEarlier than 15 daysBusiness sent a proposal to the Investor / Buyer