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Travel Portal Investment Opportunity in Gurgaon, India

Company providing online bus ticket booking solutions across India seeks financial investment.
This Business is on a Premium Plan
Established 1-5 year(s)
Employees 10 - 50
Legal Entity Private Limited Company
Reported Sales USD 70 - 80 thousand
Run Rate Sales USD 430 thousand
EBITDA Margin Nil
Industries Mobile Apps + 1 more
Locations  Gurgaon
Local Time 11:09 AM Asia / Kolkata
Listed By Advisor / Business Broker
Status Active
Overall Rating
Partial Stake Sale
USD 180 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 18 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.

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
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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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