Payment Services Startup Investment Opportunity in Bhilai, India
Established | 0-1 year(s) |
Employees | 10 - 50 |
Legal Entity | Private Limited Company |
Reported Sales | USD 50 thousand |
Run Rate Sales | USD 220 thousand |
EBITDA Margin | Nil |
Industries | Payment Services + 1 more |
Locations | Bhilai |
Local Time | 11:33 PM Asia / Kolkata |
Listed By | Business Owner / Director |
Status | Active |
Revenue model:
- Shopkeepers give us anywhere between 5%-15% of the billing amount (when the customer finds the shop through our app or makes the payment through it)
- We have about INR 15-20 lakh of monthly billing through the platform.
- We have a celebrity endorsing our app and have strong offline advertisements.
- Our app has been used by more than 20,000 people and it has 10,000+ downloads on the Google Play Store.
- We have started gaining momentum in Bhilai and Durg and will further expand once we get 1 lakh users in these two cities.
- App and website are developed and maintained by a third party.
We have an app that enables users to make offline purchases, and mobile recharge with attractive cashback offers. We place our unique QR codes in shops across the town. Our users are individual retail customers. Now have 100 counters in Bhilai city alone.
Tangible assets include office furniture and other equipment.
Intangible assets include the website and mobile application.
We operate from a rented office in Bhilai.
- The company has two shareholders.
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Earlier than 15 daysHead Of Customer Relationship, Mumbai, Financial Consultant connected with the Business