Ecommerce Website Investment Opportunity in Mumbai, India

- The business is in a pre-revenue stage, ready for pilot in Maharashtra with large retail networks.

- The business will tie up with retailers in small towns who will help the end users place orders with the company.

- Will work with retailers on a revenue sharing basis.

- Have already tied up with 1,000+ SKUs.

- The website and the app development have been outsourced.

- Promoters have a combined experience of over 60+ man-years in the FMCG, eCommerce, fintech, banking, IT, and management consulting fields, in leading MNC/Indian organizations and have proven ability to scale start-ups and manage large businesses efficiently.

- Promoters’ past stints include working at CXO / senior management roles in Naaptol, Microsoft, HDFC Bank, FINO Paytech, Reliance Infocom, Satyam Infoway, GTC Industries, TOMCO, Hero Group, Bayer India etc.

- The business has GST and registration certificates.

Apparel, imitation jewellery, beauty and cosmetics, household and kitchen products, and accessories.

These products are largely targeted at customers in the smaller tier 2 and below cities, who do not have ready access or are hesitant to do online shopping due to constraints of digital illiteracy, connectivity, security concerns, accessibility and trust issues.

Tangible: Laptops, and other IT / electronic accessories as we are following an asset light model.

Intangible assets:

Promoters' rich experience in the domain and past track record of growing and scaling startups/businesses.

We are currently looking for an office in Mumbai.

The business is currently bootstrapped by 2 co-founders and they have raised a small round of funding through Family & friends.

The promoters hold 99% of the shareholding of the business.