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Online Marketplace Startup Investment Opportunity in Bangalore, India

Logistics startup aiming to replace air cargo by ground logistics using technology and innovation.
This Business is on a Premium Plan
Established 0-1 year(s)
Employees < 2
Legal Entity Other
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Trucking + 1 more
Locations  Bangalore
Local Time 12:40 AM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Partial Stake Sale
USD 590 thousand for 20.0% stake (Native Currency: INR 50,000,000)
Reason: Being a logistics company, there would be a gestation period of 9 to 12 months to break even. During... View More
Interested to connect with advisors
Business Overview
- Startup logistics company plans to organize the ground logistics system with the aim to provide faster delivery / transportation that matches air cargo transit time.
- To provide faster ground logistics solution, we'll establish tie-ups with vendors / truck owners (with multiple vehicles) in different cities and ensure that the cargo moves continuously without any interruption.
- Our target customers are the corporate clients such as automobile, engineering and FMCG companies.
- We will essentially provide our solutions through an online platform which will allow corporates to book trucks for intercity and intracity logistics.
- Our business model and the platform is still in the ideation stage. We will outsource the platform development work to a third party developer.
- The platform will also provide real time tracking and delivery notifications.
- Revenue generation: Corporates will book the service on our platform and pay us the amount in full. We will retain our charges and then pay to the vendor.
- At present, we have planned two routes i. e. Chennai to Mumbai and Hyderabad to Kochi.
- We have 20 vendors / truck owners in our network. Each vendor has multiple trucks which range from 2 to 40 trucks.
- Our startup is currently in the process of registration.
- We plan to provide quality services to our clients and aim to operate at 24% EBITDA margin.
- Founder has 30+ years of experience in this industry.
Products & Services Overview
Express time bound delivery, bulk load delivery and paid FTL booking. We will provide local (intracity) and line haul (intercity) services.
Assets Overview
Business does not own any physical assets.
Facilities Overview
We do not have an office at the moment.
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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