Online Marketplace Startup Seeking Loan in Rajpura, India
Invest in a startup in Rajpura with complete in-house app development and ready MVP.
| Established | 0-1 year(s) |
| Employees | 2 - 5 |
| Legal Entity | Private Limited Company |
| Reported Sales | Nil |
| Run Rate Sales | Nil |
| EBITDA Margin | Nil |
| Industries | Online Marketplace |
| Locations | Rajpura |
| Local Time | 4:16 AM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Active |
Seeking Loan
USD
112 thousand
for
12.0%
annual interest,
2
years
(Native Currency: INR 10,000,000)
Reason: - The business needs the funds to advertise and onboard more users.
- Working capital for the 3 mon...
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Collateral Available: USD 0
Interested to connect with advisors
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Business Name
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Business Overview
- Business is an MVP of a hyperlocal super app that combines ride booking, food delivery, parcel services, and gamified rewards to empower local businesses and engage daily users.
- We are a DPIIT-recognized startup with 50+ shopkeepers already onboarded in Rajpura.
- We will offer services like rides, food, and parcel delivery with gamified rewards.
- Revenue will be generated from scratch card sales, ads, and service commissions (the shopkeepers will pay us).
- MVP is ready and we will launch within the next 2 months and run a 3 month pilot in Rajpura.
- Complete in-house development of the app, the team has developed Android and an iOS app.
- The founder has prior business experience and strong local partnerships.
- Business has a Certificate of Incorporation and DPIIT Startup India recognition.
- We are a DPIIT-recognized startup with 50+ shopkeepers already onboarded in Rajpura.
- We will offer services like rides, food, and parcel delivery with gamified rewards.
- Revenue will be generated from scratch card sales, ads, and service commissions (the shopkeepers will pay us).
- MVP is ready and we will launch within the next 2 months and run a 3 month pilot in Rajpura.
- Complete in-house development of the app, the team has developed Android and an iOS app.
- The founder has prior business experience and strong local partnerships.
- Business has a Certificate of Incorporation and DPIIT Startup India recognition.
Products & Services Overview
- Services offered in the app for users will be ride booking, food delivery and courier services. While on the other hand we will also onboard shopkeepers and restaurants who will offer their products and services on the app.- Customers will use the app for daily services and rewards.
- While shopkeepers use scratch cards and in-app ads to engage and retain local customers.
- We will target shopkeepers and restaurants in the tier 2 and tier 3 cities as bigger players have already made their move in metro cities.
Assets Overview
No tangible assets are owned by the business.Intangible assets include the legal entity, source code of the Android and iOS apps, and brand name.
Facilities Overview
We operate from a shared office premises in Rajpura. The team is operating from a shared office of the promoter's father.
Capitalization Overview
- The business has two shareholders.- No loans or debts in the name of the business.
Recent Activity
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Earlier than 15 daysChairman, Real Estate Developers, Mumbai, Corporate Investor / Buyer connected with the Business
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