Delivery Service Platform Raising Funds In Madurai
About Business
Launched in November 2024, this hyperlocal service platform addresses the need for instant product delivery and reliable handyman services in Tier-2 cities where options like Swiggy Instamart and Dunzo are not readily available.
Offering
On-demand product delivery from a customer’s preferred shop within 30–45 minutes
Trusted in-house handyman services for household needs
Market & Traction
Operating successfully in Madurai and expanding to Tirunelveli, Trichy, Dindigul, and Tuticorin, the platform has already:
Served 500+ customers
Achieved 50–60 daily orders
Maintained a 70% repeat customer rate
Target users include retired individuals, women, and busy professionals, representing a large, untapped hyperlocal market outside major metropolitan areas.
Revenue Model
Delivery fee: ₹39 per order
Handyman services: ₹99 per service
Subscription plan: ₹2,999 per month
Average margin: 20–30%
Clientele type
The clients include the general public, corporates, families, and more.
Premises
LEASED
Lease per month (in INR): 5.00 K
Security Deposit (in INR): 30.00 K
Carpet Area: 250 sq ft
The business operates from a rented premise spanning 250 sq. ft.
Asking Price Includes
The terms of the transaction will be discussed with the potential investors.
Asking Price
INR 10.00 L
Minimum ticket size
INR 5.00 L
Reason
The owner is looking to raise funds to expand the business and hire more staff.
More Details
The business has a team of 4 employees.
Keywords
Business Tags
₹10 to ₹200 Cr
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