6.8 / 10
 Nagpur

Mobile app based medicine delivery company, seeking funds to open warehouses in 5 cities.

Key Business Facts
Yearly Sales Nil
EBIDTA Margin Nil
Industries Pharmacies
Locations  Nagpur
Business Overview
Mobile app based medicine delivery company which deals in online sale of medicines and delivers it within 3-6 hours time. We currently have tie-ups with 3 pharmacies in Nagpur and have 4 delivery executive to deliver the medicines at customer's doorstep. Since our company is new, we are yet to generate revenue. As a pilot test, we have delivered medicines to 100 customers but haven't charged any fee / commission.
We do not plan to continue our tie-ups with pharmacies rather we plan to setup our warehouse / stock units in every city in India. Seeking funds to start warehouses in 5 cities in Maharashtra. We plan to buy medicines in bulk and store at our warehouse so when we receive customer's order, our executive will deliver it at customer's doorstep.
Founder of the business has 12 years of experience in the pharma industry. We currently promote our brand through social media marketing activities. Business owned assets include laptops, printers and furniture. Have 3 admin staff and 4 delivery executives as permanent employees.
Products & Services Overview
Mobile app based medicine delivery company.
Partial Stake Sale
USD 234 thousand for 40.0% stake (Native Currency: INR 20,000,000)
Reason: - Set up warehouses in 5 cities in Maharashtra. - Buy medicines in bulk. - Hire delivery executive... View More
Includes physical assets worth USD 1.76 thousand
In talks with 2 Investors
Contact Business or Enquire on WhatsApp