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Serviced Apartment Investment Opportunity in Palghar, India

Newly established online platform and application for bookings in PGs, hostels and co-living.

Established 1-5 year(s)
Employees 2 - 5
Legal Entity Limited Liability Partnership (LLP)
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Serviced Apartments + 1 more
Locations  Palghar
Local Time 5:17 AM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Partial Stake Sale
USD 18 thousand for 15.0% stake (Native Currency: INR 1,500,000)
Reason: Investment is required for development of new features in the app.
Name, Phone, Email
Available after connect
Business Name
Not disclosed
User Verification
Documents
Business Overview

- Online PG, hostel bed booking app based in Mumbai. The app is fully ready and we are planning to start soon.

- The landlords can register themselves on the app and can update the details about the hostels and PGs having rooms and beds available with charges.

- The revenue model is based on charging 1% of the total transaction deal from the registered landlords and for the tenants currently it is free.

- The app has various features like auto invoice generation, WhatsApp reminder notification about the rent, automatic fine updating, complaint management and complaint tracking etc.

- Currently having 1 landlord registered on our app.

- The business is registered in Thane but we are operating from Palghar, Maharashtra.

Products & Services Overview

Online booking of rooms and beds in PGs, hostel and co-living.

Assets Overview

There are no physical assets in the business.

Intangible assets: website, mobile application.

Facilities Overview

We do not have any office and all the staff are completely operating from remote.

Capitalization Overview

- There is only one owner.

- It is bootstrapped business and the owner have invested INR 50L till now.

Recent Activity
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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.
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