AdBlue Marketplace Seeking Seed Funding In Coimbatore
About Business
Our organization is in the process of developing an e-commerce marketplace that utilizes Internet of Things (IoT) technology to facilitate the connection between AdBlue manufacturers, dealers, and consumers.
Clientele type
Although our project is still in the development stage, it is projected that the annual consumption of AdBlue will amount to 1.25 billion liters, with an approximate value of Rs. 6250 crores. However, it is currently an unorganized sector. Our platform aims to connect stakeholders and is expected to generate a turnover of 1000 crore by the end of the third year of operation.
Premises
OWNED
Premise Size: 500sqft
Market Value (in INR): 20.00 L
We are using this premise as our operations and research centre.
Asking Price Includes
We can discuss the terms of transaction with potential investors.
Reason
We plan to allocate this fund towards product development, talent acquisition, and promotional activities.
More Details
An AdBlue marketplace is needed due to the following reasons:
- AdBlue production is majorly in the hands of private manufacturers, resulting in its scattered and unregulated distribution.
- OMCs have not yet started AdBlue production, and the high cost of AdBlue has had a significant impact on the market.
- There are numerous private brands in the market, making it challenging to find AdBlue retailers on roads.
- There is a lack of quality tests to protect vehicles, and pricing is not uniform or transparent.
- The growing demand for commercial vehicles has led to an increase in demand for AdBlue, making the need for an AdBlue marketplace all the more necessary.
Introducing our esteemed founding team:
Founder & CEO:
Our Founder and CEO has over 20 years of extensive experience in software and IT infrastructure development. Since 2019, he has also been serving as a Business Strategic Partner for a leading AdBlue Manufacturer in South India.
Co-founder and COO:
Our CO-founder and COO brings to the table a wealth of experience, having served as a Finance Manager in various industries in the UAE for the past 20 years, handling all aspects of financial management and planning. He has also worked as a Manager of Finance in NASDAQ Dubai, a Government of Dubai entity, and in Lifeline Hospital (Group) and Chalmers Group.
We have invested 15 lakhs in procuring materials from China and experimenting with prototypes for the pumps, etc.
Keywords
Business Tags
₹10 to ₹200 Cr
Complete Investment Banking Solution in 120 Days
Seamless Fundraising/M&A transactions
Start your growth journey with our 25+ Years of Experienced Professional Team.
Contact IBGrid Team