Need help?

Travel Portal Investment Opportunity in Vidyagiri, India

Seeking Investment: Company offers a proprietary travel portal that fulfils a variety of travel needs.

Established 5-10 year(s)
Employees 10 - 50
Legal Entity General Partnership
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Travel Portals
Locations  Vidyagiri
Local Time 3:56 AM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Partial Stake Sale
USD 210 thousand for 40.0% stake (Native Currency: INR 17,750,000)
Reason: The proceeds from the investment will be used for: - Commencing operations. - Tie-up with airline ... View More
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
Business Overview
- Our company offers a proprietary travel portal that will fulfil a variety of travel needs of our customers.
- The business was initially registered and had an office space in Europe. However, due to the effect of the pandemic on the travel industry, we shut down operations.
- The business has been shut down since the beginning of last year because of which we did not record any revenue.
- We have a registered company in Karnataka, India with the aim to restart operations. The directors and operations are the same.
- Our company has a proprietary travel portal which will be published on two websites. One website is to capture the European market and the other is to capture the Indian market. The domains of both websites are sanctioned and operational.
- The business seeking investment possesses ownership of both the websites.
- The websites will be operational after a few months from the capital infusion by potential investors.
- Our business will generate revenue in the form of a fixed percentage on every successful booking made through our website.
- Currently, we are under negotiations with GDS (Global Distribution Systems) across the globe to become their official ticketing partner.
- The expected profit margin on the business is 5-20 percent.
- The application is ready. and is working on the project for 5+ years.
- The portal is not just a travel portal but shall have travel information as well which includes information of about 50 countries, 10 best places within the country, and important towns within the country shall be made available for the travellers.
- Our unique concept is termed FMC-LMC (First Mile Connectivity-Last Mile Connectivity), This is also termed MMITS (Multi-Model Information and Ticketing), and artificial intelligence, operation research technique shall be part of the application.
- There is a huge opportunity for advertisements once we commence adding the travel information pages.
Products & Services Overview
Our business will be providing the following services:
- Book tickets for domestic and international flights, trains, buses, and cruises.
- Book hotel rooms in multiple hotels across the globe.
Assets Overview
The company does not own any physical assets.
Facilities Overview
We are working from college premises and has plans to take more space. This is one of the premier colleges in Karnataka and trained professionals are easily available.
Capitalization Overview
Not Disclosed
Recent Activity
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. Note that SMERGERS is not liable for any loss, damage, costs, claims and expenses whatsoever arising from transacting with any other user from the website. The final responsibility of conducting a thorough due diligence and taking the transaction forward lies with the users. Please read best practices on SMERGERS.
Contact Business
2 Investors already contacted this Business. Register below to connect now!
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.
You might also be interested in these businesses
    Frequently
    Asked
    Questions
    • Why can’t I see the business’ name or contact number? How do I contact the business?
    • What level of due diligence does SMERGERS conduct on the businesses/member?
    • How active are the business profiles listed on SMERGERS?
    • How does SMERGERS rate business profiles?
    • Do I need to pay to connect with a business?
    • Show more