Seeking Investor for Electronics Hyper-local Startup in Mumbai
Product / Service
It is a very well running Start-up looking for equity investment to scale up. Started in Dec 2014, the company sells electronic gadgets like mobile phones, laptops, servers etc. There are more than 1100 users registered on the platform in a month via inorganic marketing and word of mouth, generating early revenue. Team size is of 13 people. They have sold more than 1180 products in a short span of 3 months and up to 70% customers have become repeat users. The investment required is of INR 4 Cr against 20% equity shares of the company.
Reason
We are raising funds for expansion purpose
Business Tags
₹10 to ₹200 Cr
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