E-Commerce & Logistics Startup Seeking Investment In Chennai

About Business

The company has been incorporated with the objective of addressing a common challenge faced by contractors, builders, retailers, and construction material buyers. In the traditional market, procurement of construction materials and transportation arrangements are typically handled through separate channels, often leading to delays, inconsistent pricing, and limited visibility throughout the supply chain.

To address this gap, the promoters have developed a digital platform that integrates material procurement and logistics services into a single system. The platform is being designed to enable customers to source construction materials and arrange transportation through one channel, simplifying the overall procurement and delivery process.

The technology platform has largely been developed and is currently undergoing final testing and refinements. The business is expected to commence commercial operations within the next two months.

Products & Services:-

The company is building an integrated marketplace focused on the construction materials sector.

• Construction Material Marketplace: A digital platform through which customers will be able to procure construction materials such as cement, steel, and other building-related products.
• Logistics Network: Access to transportation options ranging from small vehicles for urgent requirements to larger trucks for bulk deliveries.
• Order Fulfilment Support: Coordination between suppliers, logistics partners, and customers to facilitate the movement of materials from source to destination.
USP:-

• Single-Platform Solution: The platform is being developed to enable both material procurement and transportation booking through a single interface.
• Structured Pricing Model: Transportation charges are expected to be standardized based on vehicle type and distance, bringing greater transparency to the procurement process.
• Sector-Focused Approach: The platform is dedicated to the construction materials segment, addressing industry-specific sourcing and logistics requirements.
• Scalable Technology Platform: The underlying technology infrastructure has been built to support expansion across multiple locations and markets.
Revenue Model:-

The business intends to generate revenue through margins earned on the sale of construction materials. Depending on the product category and transaction size, expected margins are projected to range between 5% and 15%.

Current Status:-

• Company incorporated as a Private Limited entity.
• Technology platform developed and currently in the final testing phase.
• Commercial launch planned within the next two months.
• Supplier onboarding and logistics partner network development are currently underway.

Clientele type

The business will primarily cater to retailers, MSMEs, construction contractors, home builders, and wholesale traders requiring construction materials and related logistics services.

Premises

Operations will initially be managed remotely, with plans to lease office premises as the business expands and achieves growth milestones.

Asking Price Includes

The terms of the transaction will be finalized through discussions with the prospective investor.

Asking Price

INR 45.00 L

Minimum ticket size

INR 30.00 L

Reason

Fundraising for the Platform's commercial launch and working capital requirements.