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Online Marketplace Startup Investment Opportunity in Muscat, Oman

Seeking Investment: Diversified online marketplace with healthcare, recharge, travel, home, car & beauty services.
This Business is on a Premium Plan
Established 0-1 year(s)
Employees 5 - 10
Legal Entity Limited Liability Company (LLC)
Reported Sales USD 30 - 40 thousand
Run Rate Sales USD 90 thousand
EBITDA Margin 0 - 10 %
Industries Online Marketplace
Locations  Muscat
Local Time 7:03 AM Asia / Muscat
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Investment
USD 260 thousand for 10.0% stake (Native Currency: OMR 100,000)
Reason: 1. Technology development & enhancement. 2. Marketing expenses for branding & awareness. 3. Oth... View More
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Business Overview

- Business has developed a platform to provide an online marketplace to its users.

- Have a diversified online portfolio including 50+ services like daily essentials, home, car & beauty services, instant recharge/ top-up, insurance, money remittance, taxi booking, healthcare services, and more,

- 1st in Oman to launch all in one instant utility recharge.

- 1st in Oman to going to launch mobile app-based insurance services.

- Have 100+ merchants partnered with us.

- Experienced Omani leadership and mentor with 100+ years of domain experts’ team.

- Acquired medicine delivery license in Oman.

- Got 35K+ users within 1 year.

- The application is available on Google Play and App Store with 10,000+ installs.

- The website and applications have been developed in-house.

- Generate revenue using a revenue share model with the merchants.

- Have different apps for deliver partners, merchants, and customers.

Products & Services Overview

Diversified online marketplace in Oman.

1. Daily essentials- Grocery, electronics, perfumes, lifestyle, etc.

2. Health care services- Telemedicine, medicine delivery, baby & mother care.

3. Home, car & beauty services.

4. Instant recharge/ top-up.

5. Insurance.

6. Money remittance.

7. Taxi booking.

8. Tour & travel.

Assets Overview

The business does not have any physical assets. Intangible assets include robust microservice level technology platform, business partnership with premium vendors, ministry approval and permission, domain experts resources worth OMR 100,000.

Facilities Overview

Rental office in business hub located in Muscat, Oman.

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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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