Payment Services Company Investment Opportunity in Gorakhpur, India
Digital service business wishing to expand locally via retail outlets, seeks seed stage investment.
| Established | 10-20 year(s) |
| Employees | 2 - 5 |
| Legal Entity | Private Limited Company |
| Reported Sales | Nil |
| Run Rate Sales | Nil |
| EBITDA Margin | Nil |
| Industries | Payment Services |
| Locations | Gorakhpur |
| Local Time | 6:37 AM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Moderately Active |
Partial Stake Sale
USD
234 thousand
for
10.0%
stake
(Native Currency: INR 20,000,000)
Reason: We seek seed stage investment to improve the digital services, set up locally via retail outlets and...
View More
Interested to connect with advisors
Documents
ROC-Verification.pdf
(73.9 KB)
Business Overview
- Business is in the planning and development stage to build digital as well as retail platform to provide various services.
- These services include mobile recharge, bill payments, cash withdrawals and delivery of FMCG goods. We plan to add more services after the operations begin.
- We currently have a working website where all of these transactions are facilitated by 500+ registered merchants. However, we plan to rebuild things from the scratch as it is not revenue generating.
- Our target cities to build retail outlets are tier 2 and tier 3 cities in Uttar Pradesh where the reach of digital services is lesser known. We believe it is an untapped market and can generate good revenue.
- Revenue will be generated on commission basis for retail stores, app and website.
- We hope to start operations in 3-4 months after acquiring start up capital.
- This idea is a product under our private limited company. The investor will get a stake in this product itself.
- The owner has 6+ years of experience in this industry.
- These services include mobile recharge, bill payments, cash withdrawals and delivery of FMCG goods. We plan to add more services after the operations begin.
- We currently have a working website where all of these transactions are facilitated by 500+ registered merchants. However, we plan to rebuild things from the scratch as it is not revenue generating.
- Our target cities to build retail outlets are tier 2 and tier 3 cities in Uttar Pradesh where the reach of digital services is lesser known. We believe it is an untapped market and can generate good revenue.
- Revenue will be generated on commission basis for retail stores, app and website.
- We hope to start operations in 3-4 months after acquiring start up capital.
- This idea is a product under our private limited company. The investor will get a stake in this product itself.
- The owner has 6+ years of experience in this industry.
Products & Services Overview
- We plan to build a one stop platform for banking services, ecommerce transactions, utility and bill payments and for deliveries of FMCG goods locally.- Services will be provided via app as well as mini retail outlets.
Assets Overview
We have invested significant amount in an app which is under construction and have a working website.
Facilities Overview
There are no physical offices currently as we are still on the idea stage.
Capitalization Overview
Not Disclosed
Recent Activity
-
Earlier than 15 daysOwner, IT Services, Tokyo, Individual Investor / Buyer connected with the Business
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. Note that SMERGERS is not liable for any loss, damage, costs, claims and expenses whatsoever arising from transacting with any other user from the website. The final responsibility of conducting a thorough due diligence and taking the transaction forward lies with the users. Please read best practices on SMERGERS.
Contact Business
1 Investor already contacted this Business.
Register below to connect now!
- Social
- Register
- Login
Who uses SMERGERS?
... and 122,000+ other businesses of all sizes.
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.
You might also be interested in these businesses