Payment Services Startup Investment Opportunity in Bangalore, India
| Established | 1-5 year(s) |
| Employees | 2 - 5 |
| Legal Entity | Private Limited Company |
| Reported Sales | Nil |
| Run Rate Sales | USD 7 thousand |
| EBITDA Margin | Nil |
| Industries | Payment Services + 1 more |
| Locations | Bangalore |
| Local Time | 6:52 AM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Moderately Active |
It's a cash flow management webapp with integrated payment gateways and GST filing that helps vendors create invoice and payment links for each product they sell to their customers. Our target markets are the freelancers working from co-working space, tutors, goods sellers on social media websites and other small vendors. On the sale of each product, they create invoice & payment link which they send it to customers for a transaction. Our web app also helps vendors file for GST and manage their expenses.
The web app is live since last 2 months and we are working on Android app which should be launched in the next 3-4 months. Have received 600 sign-ups till date out of which 80 are active members. Our revenue model is a SaaS-based monthly subscription. Since we are working out of co-working space, the company does not own any physical assets.
The company has 2 directors. One director is from the tech field has 7 years of experience and the other director is a CA with 5 years of experience. Got selected in Reliance JioGenNext accelerator program.
Cash Flow Management, Payment Reconciliation, GST Filing, Business Loans.
Co-working space in Koramangala, Bengaluru.
