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Hyderabad Based Specialty Products E-Commerce Platform Looking for Investment

Listing ID: SL005969
Posted By: Owner
Last Active: 1+ year ago
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About Business

This E-commerce site is a Marketplace with 260+ registered Vendors & 12,000 products listed. Started in June 2017 under a registered entity of Pvt.Ltd co. They have Export license also. This site is based on the concept of selling regional specialty products of India by indigenous sellers. Currently sellers from 16 states of India are registered on this website. The product line includes Food & Delicacies, Ethnic wear, Herbs & Spices, Art & Crafts, Paintings etc. Have customers from India & abroad.
Unique customers transacting on the platform till date are 1300. Daily active visitors on the platform are 100. They receive 50-55 orders per month.
Team strength: 4
In FY 2017-18, the GMV (the value of transactions done on the platform) was around INR 4.3 lakhs.
Expected GMV in 2018-19: INR 6.5 - 7 lakhs.
They are looking for Equity Investment of INR 60 lakhs. Equity stake between 25% - 30%.

Reason

Since this concept is too big for us to handle financially, To scale up business to next level we are looking for funding on equity share. Funds will be used for promotion, marketing, website upgradation, vendor's on-boarding.

Keywords

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Business Tags

Global Presence High Growth Potential import-export licence Low competition Presence Pan-India Relocatable business Scope of Expansion Strong goodwill Targeting Niche Market Website

Fundraising for ₹10 Cr – 500 Cr

Confidential Process Completed in 120 Days

Strategic Preparation, Aligned Investor Outreach and Seamless Closure

Supported by Advisors with 26+ Years of Experience

Contact IBGrid Team

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