Profitable Last Mile Delivery Company Investment Opportunity in Chennai, India
EV-based full stack delivery solution provider for businesses seeks investment to scale up.
| Established | 1-5 year(s) |
| Employees | 5 - 10 |
| Legal Entity | Private Limited Company |
| Reported Sales | Nil |
| Run Rate Sales | USD 196 thousand |
| EBITDA Margin | 30 % |
| Industries | Last Mile Delivery |
| Locations | Chennai |
| Local Time | 1:24 PM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Moderately Active |
Partial Stake Sale
USD
410 thousand
for
10.0%
stake
(Native Currency: INR 35,000,000)
Reason: We have a fantastic pipeline to meet and for this, we require an investment to scale up our fleet, t...
View More
Includes physical assets worth
USD
5.8 thousand
Documents
ROC-Verification.pdf
(74.1 KB)
Business Overview
- Our business provides a unique, full-stack, and rapidly expanding green mobility and delivery solutions to people and businesses.
- We are focusing on intra-city deliveries through electric vehicles and currently have a client base that includes Bigbasket, Licious, DealShare and Zepto to name a few.
- The EV vehicles have been outsourced and follow a lease model. We have strategic alliances with EVRE, OTO Capital, MBSI (Yamaha) and Log9 Materials.
- The revenue model for the business is a subscription basis as well as a revenue per day basis.
- Our team has experience of an average of 8 years across industries and companies such as Freshworks, Makemytrip, Delhivery, Ninjacart and Amazon.
- Company has 4 promoters, one of them owns the majority stake and the rest is shared equally among the three.
- We did not generate any revenue last year as our operations were launched in January and have the potential to scale up our revenue 3x month on month in terms of MRR.
- Company does not have any outstanding loans as of now.
- We are focusing on intra-city deliveries through electric vehicles and currently have a client base that includes Bigbasket, Licious, DealShare and Zepto to name a few.
- The EV vehicles have been outsourced and follow a lease model. We have strategic alliances with EVRE, OTO Capital, MBSI (Yamaha) and Log9 Materials.
- The revenue model for the business is a subscription basis as well as a revenue per day basis.
- Our team has experience of an average of 8 years across industries and companies such as Freshworks, Makemytrip, Delhivery, Ninjacart and Amazon.
- Company has 4 promoters, one of them owns the majority stake and the rest is shared equally among the three.
- We did not generate any revenue last year as our operations were launched in January and have the potential to scale up our revenue 3x month on month in terms of MRR.
- Company does not have any outstanding loans as of now.
Products & Services Overview
- Dedicated fleet support.- On demand deliveries for businesses.
- Tech enabled platform.
- EV fleet.
- EV charging and halting infrastructure.
Assets Overview
Laptops and office interiors. We own a website as well.
Facilities Overview
Office space in Chennai which is on rent.
Capitalization Overview
Not Disclosed
Recent Activity
-
Earlier than 15 daysCo Founder, EV, Chennai, Corporate Investor / Buyer connected with the Business
-
Earlier than 15 daysBusiness Head, Ecofy (Accretive Cleantech Finance Private Limited), Mumbai, Financial Institution connected with the Business
-
Earlier than 15 daysExecutive Director, New Delhi, Financial Consultant connected with the Business
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