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Truck Rental Company Investment Opportunity in Dhaka Division, Bangladesh

Web & app based end-to-end logistics & visibility platform powered by IOT & AI.
This Business is on a Premium Plan
Established 1-5 year(s)
Employees 10 - 50
Legal Entity Private Limited Company
Reported Sales USD 100 - 200 thousand
Run Rate Sales USD 140 thousand
EBITDA Margin 10 - 20 %
Industries Truck Rental + 1 more
Locations  Dhaka Division
Local Time 8:02 PM Asia / Dhaka
Listed By Business Owner / Director
Status Active
Overall Rating
Partial Stake Sale
USD 27 thousand for 10.0% stake (Native Currency: BDT 3,000,000)
Reason: We mainly seek a strategic partner with a good track record in the startup ecosystem to help our gro... View More
Includes physical assets worth USD 46 thousand
Interested to connect with advisors
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Business Overview

Customer: have more than 3,000 registered B2C users on the platform, we have been enlisted with 30 corporate companies like- DHL, Expeditors, GE Power, SQURE, PRAN RFL. Haier Bangladesh,

Service provider: there are 200 logistics partners on the platform.

- Trucks: 2,000 trucks registered on our platform.

- Revenue:

(1) Cost-plus from B2B customers.

(2) Commission from B2C customers.

- Award: We got Basis National Award in Supply chain Logistics.

- Media: We were covered in TV & Newspaper.

Products & Services Overview

Web & App-based end to end supply chain, logistics marketplace for rent, tracking visibility, fleet management. Features include online auction prices, online payments view transactions, loading, and unloading details, checking order status, and auto-generated invoices.

Its dashboard features facilities for enterprises/ corporate customers and gives bulk bookings to facilitate data-driven decisions.

Assets Overview

Tangible assets:

- BDT 3 million of cash as working capital.

- Office furniture, equipment, and computers worth around BDT 2 million.

Intangible assets:

- Trademark, customer data, in-house developed software, copyright, and goodwill.

- Website and 3 mobile apps (for customers, partners, and admin).

The intangible assets are valued at BDT 1.5 crore.

Facilities Overview

We have 1,400 square feet rented office in very important area “Gulshan” in Dhaka, Bangladesh. With 20 workstations, we have a sales, operation, and tech team. (Fully updated devices) Air-conditioned room, high-speed internet, we pay BDT 76,000 of monthly rent.

Capitalization Overview

- The company has been funded by the owners’ fund, and the founders have a 100% stake.

- Very recently we have raised BDT 3.3 million (BDT) investment by angel investors as a convertible/safe note.

- No debt and no loans outstanding.

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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