Travel Portal Investment Opportunity in Gurgaon, India
Company providing online bus ticket booking solutions across India seeks financial investment.
Premium Plan
| Established | 5-10 year(s) |
| Employees | 10 - 50 |
| Legal Entity | Private Limited Company |
| Reported Sales | USD 60 - 70 thousand |
| Run Rate Sales | USD 400 thousand |
| EBITDA Margin | Nil |
| Industries | Mobile Apps + 1 more |
| Locations | Gurgaon |
| Local Time | 4:28 AM Asia / Kolkata |
| Listed By | Advisor / Business Broker |
| Status | Active |
Partial Stake Sale
USD
167 thousand
for
2.0%
stake
(Native Currency: INR 15,000,000)
Reason: Funds will be used for marketing and operations. This will be the third round of investment for the ...
View More
Includes physical assets worth
USD
16.7 thousand
Business Overview
- The company was incorporated in 2019.
- Tech-based unique bus aggregation and mobility platform from where the customers can book bus tickets for any local or outstation travel all over India.
- Currently tied up with 50+ bus operators on the platform with 250+ buses.
- Revenue is generated using B2B and B2C models.
- The business charges a 10%-15% service fee from the customers who book the bus tickets using their platform.
- B2B revenue model is a monthly subscription model that is charged from the bus operators for handling their application process and operations.
- Due to Covid the company's reported sales for the last year were reduced.
- As the economy is re-opening business has experienced a high revenue growth rate as travel and tourism are experiencing a boom.
- Currently, the company is not generating any profits as all the funds are invested in the marketing and operations of the business.
- This will be the third round of investment for the company.
- The business has two founders with a 65% stake in the company and a 35% stake in the company is with angel investors.
- Company has not taken any loans previously.
- Tech-based unique bus aggregation and mobility platform from where the customers can book bus tickets for any local or outstation travel all over India.
- Currently tied up with 50+ bus operators on the platform with 250+ buses.
- Revenue is generated using B2B and B2C models.
- The business charges a 10%-15% service fee from the customers who book the bus tickets using their platform.
- B2B revenue model is a monthly subscription model that is charged from the bus operators for handling their application process and operations.
- Due to Covid the company's reported sales for the last year were reduced.
- As the economy is re-opening business has experienced a high revenue growth rate as travel and tourism are experiencing a boom.
- Currently, the company is not generating any profits as all the funds are invested in the marketing and operations of the business.
- This will be the third round of investment for the company.
- The business has two founders with a 65% stake in the company and a 35% stake in the company is with angel investors.
- Company has not taken any loans previously.
Products & Services Overview
Tech-based unique bus aggregation and mobility platform from where the customers can book bus tickets for any local or outstation travel all over India.
Assets Overview
Physical assets include office laptops, computers, equipment, and furniture.
Facilities Overview
The company's head office is in Gurgaon, India which is on a rental basis.
Capitalization Overview
Not Disclosed
Recent Activity
-
Earlier than 15 daysCross Border Head, Online, Singapore, Individual Investor / Buyer connected with the Business
-
Earlier than 15 daysMarketing Head, Manufacturing, Delhi, Corporate Investor / Buyer connected with the Business
Tags:
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·Mobile App Investment Opportunity in Gurgaon, India
·Phone App Investment Opportunity in Gurgaon, India
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·Invest in Mobile App in Gurgaon, India
·Invest in Phone App in Gurgaon, India
·Travel Portal Investment Opportunity
·Mobile App Investment Opportunity
·Phone App Investment Opportunity
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·Invest in Travel Portal
·Invest in Mobile App
·Invest in Phone App
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