For medium and small enterprises (SMEs) unable to sustain their business and looking for a quick exit, Ahmedabad-based start-up IndiaBizForSale is coming to the rescue. Launched in January 2014 with only 50 businesses for sale listed on its platform, the website receives more than 100,000 monthly visits. More than 6,000 business opportunities for sale as well as for purchase have been listed on the platform.
Co-founders Bhavin Bhagat and Haripriya Bhagat came up with the idea for an SME listing platform in India after their attempts to sell their father’s pharmaceutical unit in Uttarakhand via traditional methods met with little success but received good response after listing it on a website in Canada.
NEWSLETTER ISSUE 29
BizNews: Your Monthly Refresher for Buying and Selling of Business in India
Greetings from IndiaBizForSale.com!
This month we have seen number of startup opportunities finding the match. We had an online food business being acquired; an augmented reality service startup got connected with an angel group; a speciality travel startup got connected with an established online travel company and a safety device firm got engaged and now at a negotiation stage with an investor.
Currently, we see many startups connecting with established companies to associate/ partner to grow faster and achieve traction. Established companies also get access to the technology and IP created by startup to further leverage their existing set up.
Continue reading “Startup Partnership Opportunities: IndiaBizForSale.com Newsletter – August 2015”