Listing Details : LB-12041

Investment Required 5 Crs
Turnover 55 Lacs
Legal Entity Private Limited
Category Internet & Technology
Sub Category Product Delivery
Business Listed By Business Owner

Overview

We are looking for a investor for our online Food Delivery App. This is a mobile food delivery app with a total customer base of 50,000+customers across 32+ cities (tier 3 and tier 4). Android and iOS food delivery app with 6,000 vendors. We have a total of 8 employees and our head office is in Pune. We also charge a commission of 20% on each order which is less compared to our competitors. - Each city has 15 to 16 contract delivery partners who get paid INR 2,000. We do the delivery from every cafe, restaurant and takeaway which comes within 8km. We started this in 2021 and it is growing profitably. That is why we need an investor who can help us to spread this business in pan India and make this food delivery app number 1.

Year of Commencement

2021

No. of Team Members

8

Current Stage of Startup

Running

Business Relocatable

Yes

Purpose of Investment

Expansion

Investor Role

Silent

Previous Investment Infused

Investment Required As

Seed Funding

Proposed Deal Structure

Will Discuss in the meeting

Summarize your Idea/Business

This is a mobile food delivery app with a total customer base of 50,000+customers across 32+ cities (tier 3 and tier 4). Android and iOS food delivery app with

Key Highlights

This is a mobile food delivery app with a total customer base of 50,000+customers across 32+ cities (tier 3 and tier 4).

Future Potential

Growth is high

Team Overview

N.A

Competition / Market

Zomato and Swiggy

Financial Details

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