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Last Mile Delivery Business Investment Opportunity in Pune, India

Hyperlocal delivery services app in Pune with 500+ downloads and 500 service vendors listed.

Established 1-5 year(s)
Employees 5 - 10
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 6 thousand
Run Rate Sales USD 9 thousand
EBITDA Margin 40 %
Industries Mobile Apps + 1 more
Locations  Pune
Local Time 3:58 AM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Partial Stake Sale
USD 120 thousand for 50.0% stake (Native Currency: INR 10,000,000)
Reason: The funds that we are seeking will be used to achieve the following: - to increase the number of ve... View More
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Business Overview

- The platform receives around 20-25 orders daily with an average order value of rs 500 or more.

- There are 500 service vendors listed on our platform currently. These include transportation services through bikes, 3-wheelers, tempo, and -trucks.

- We receive a commission of 10% from our drivers on every successful delivery. On further expansion, we plan to receive a commission of 5% on sales from every vendor listed on our app.

- We currently have 5 employees to take care of the business's day-to-day operational activities.

- We are planning to expand our business by increasing our demographic reach and services line by introducing food delivery services, grocery delivery, and ride-hailing services.

Products & Services Overview

- The business currently focuses on parcel delivery and is planning to expand to delivery of food, meat, groceries, salon services, and medicines from various vendors.

- Widely used by customers for shifting needs.

- Operates all across Pune and has plans to increase the reach to other parts of India.

Assets Overview

The business does not have any significant tangible assets.

Intangible assets are a significant part of the business and these include the mobile app in Google Play as well as the App Store, and the relationship with its vendors and customers.

Facilities Overview

We have a rented 400 Sq feet office.

Rent paid is Rs 8,500 per month.

Capitalization Overview

The business has one owner and is completely funded by him with an initial investment of Rs 15 Lakhs. The company does not have any debts currently.

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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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