Business Overview
- We operate an online marketplace that serves as a premier advertising tool and niche platform for contractors and homeowners in the tile industry. With 462 contractors and 881 customers currently signed up, we've successfully completed 421 service job request. Our revenue model is centered around in-app advertising for tile manufacturers and contractor subscriptions. At this stage, our primary focus is on rapidly expanding our user base and establishing a strong market presence. To facilitate this, we've chosen not to charge users initially, removing barriers to entry and accelerating adoption.
Our strategy is to capture a significant market share early, which will position us favorably for future monetization. The traction we've gained so far validates the potential of our product, and we plan to introduce monetization strategies that align with our users' needs while ensuring sustainable revenue streams.
Our current priorities include enhancing our product, optimizing the user experience, and scaling our operations to support these future efforts. With 35 years of industry experience behind our leadership, we're confident that this approach will create long-term value for our investors and pave the way for sustainable growth and profitability.
Products & Services Overview
1. Homeowners input tile project details, such as size, type, and design preferences.
2. Our specialized algorithm matches them with experienced tile contractors in their area.
3. Homeowners receive detailed contractor profiles, showcasing past tile projects and client reviews. They request a call back from contractors of their choice.
4. Contractors connect with homeowners, providing tailored quotes and project proposals.
Capitalization Overview
The business is funded by the founder of the company. Apart from the founder, there are currently another 2 investors. USD 50,000 was raised from them for 10% equity each.
Currently, we have a capital expenditure of USD 50,000. No other loans/outstandings.
Assets Overview
Intangible assets include:
- A mobile and web app developed in a native platform, fully functional and well maintained. Admin Panel with PHP website.
- Domain, trademark logo, marketing materials, and social media handles with a good brand image.
- Database of 5,000 certified contractors and a list of 2,000+ tile manufacturers.
- 800 happy clients.
These intangible assets are worth USD 2 million.
Partial Stake Sale
INR
2.15 crore
for
40.0%
stake
(Native Currency: USD 250,000)
Reason: User acquisition, market expansion, hiring staff, and marketing activities.
Interested to connect with advisors
In talks with 2 Investors