Specialty Retailer Investment Opportunity in Thiruvananthapuram, India

Number of customers on the portal: 5K+

Growth rate: 40%.

Promoters experience:

Promoter 1: 18+ years of IT and retail domain experience.

Promoter 2:16+ years of experience in retail business administration and operations in India and UAE.

Promoter 3: 7+ years of experience in Business Accounting and Finance.

We have 2 retail outlets and an in-house developed e-commerce portal.

60% of revenue is from online and 40% from offline sales.

We get 350-400 orders per month.

Our platform has 47 sellers listing the products and 2,300+ active items in the catalog.

We charge commissions on sales from vendors.

E-commerce cum retail store for products such as:

Traditional and ethnic wear.

Organic products.

Arts.

We get orders from buyers through experience stores, through our ecommerce site, and through mobile app (available on Playstore and Apple Store).

Two physical store set-up with all the interiors.

INR 27 lakhs worth of inventory.

Website and mobile app.

Seller network.

Abider network.

We have two physical stores.

1. Bangalore, India: 800 sqft shopping center.

2. Thrissur, India: 500 sqft shopping center.

Both are rented and located in the center of the city.

Bootstrapped with a total investment of INR 120 lakhs in order to build marketplace software solution, mobile apps and e-commerce site and also two retail stores with an inventory of INR 27 lakhs, a website and a mobile app (online marketplace with 2,300+ items in the catalog.

The business has three shareholders with share ratio of (90%, 5%, 5%).