Payment Services Company Investment Opportunity in Bhilai, India
E-commerce application that provides convenience to shopkeepers and offers guaranteed cashback to users.
| Established | 1-5 year(s) |
| Employees | 10 - 50 |
| Legal Entity | Private Limited Company |
| Reported Sales | USD 46 thousand |
| Run Rate Sales | USD 206 thousand |
| EBITDA Margin | Nil |
| Industries | Payment Services + 1 more |
| Locations | Bhilai |
| Local Time | 5:47 AM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Active |
Partial Stake Sale
USD
1.14 million
for
5.0%
stake
(Native Currency: INR 100,000,000)
Reason: We seek investment to grow the business.
Includes physical assets worth
USD
5.7 thousand
Interested to connect with advisors
Name, Phone, Email
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Business Name
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User Verification
Documents
ROC-Verification.pdf
(65.8 KB)
Business Overview
Revenue model:
- Shopkeepers give us anywhere between 5%-15% of the billing amount (when the customer finds the shop through our app or makes the payment through it)
- We have about INR 15-20 lakh of monthly billing through the platform.
- We have a celebrity endorsing our app and have strong offline advertisements.
- Our app has been used by more than 20,000 people and it has 10,000+ downloads on the Google Play Store.
- We have started gaining momentum in Bhilai and Durg and will further expand once we get 1 lakh users in these two cities.
- App and website are developed and maintained by a third party.
- Shopkeepers give us anywhere between 5%-15% of the billing amount (when the customer finds the shop through our app or makes the payment through it)
- We have about INR 15-20 lakh of monthly billing through the platform.
- We have a celebrity endorsing our app and have strong offline advertisements.
- Our app has been used by more than 20,000 people and it has 10,000+ downloads on the Google Play Store.
- We have started gaining momentum in Bhilai and Durg and will further expand once we get 1 lakh users in these two cities.
- App and website are developed and maintained by a third party.
Products & Services Overview
We have an app that enables users to make offline purchases, and mobile recharge with attractive cashback offers. We place our unique QR codes in shops across the town. Our users are individual retail customers. Now have 100 counters in Bhilai city alone.
Assets Overview
Tangible assets include office furniture and other equipment.Intangible assets include the website and mobile application.
Facilities Overview
We operate from a rented office in Bhilai.
Capitalization Overview
- The company has two shareholders.
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