6.2 / 10
 Kochi

Company that offers members to participate Lotteries is looking for an investor for expansion.

Key Business Facts
Yearly Sales USD 140 thousand
EBIDTA Margin 10 - 20 %
Industries Lottery Operators
Locations  Kochi
Business Overview
- Provide solutions to members to participate in Kerala State Lotteries that conduct regular weekly draws.
- We have been designated as the club members' agents to purchase tickets on their behalf, share results as soon as they are released, inform the winners of their rewards and process prize claims for winning club members.
- Have 500+ members from all over India, and few members from countries in the Middle East.
- On average we deal with 1,000 tickets per day with each ticket size of INR 40.
- Have tie-ups with 4 wholesalers in Kerala from whom we purchase the tickets at a discounted price.
Products & Services Overview
We provide solutions to members to participate in Kerala State Lotteries by representing them to purchase tickets.
Assets Overview
The business does not own any physical assets.
Partial Stake Sale
USD 120 thousand for 15.0% stake (Native Currency: INR 10,000,000)
Reason: Funds are required for liquidity, for expansion of operations and further plans.
Interested to connect with advisors
In talks with 2 Investors
Contact Business