Online Food-Tech Company Looking for Investment in Patna
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About Business
This unique startup was established in Oct 2016. This is a first of its kind venture in Patna. They already cover almost 80% of Patna and are one of the fastest growing startups in the city. They provide lunch and dinner to individuals and corporates, through online or offline means. Their mission is to develop the absolute best recipes for all of our favorite foods. In spite of limited marketing, they have a great customer base and have more than 6500 downloads of their app, of which 30% users are active.
The area of their premise is 10000 sq.ft with a monthly rent of INR 35k. Currently, 15 people work over here. They take orders both through online(app) and offline means. They receive more than 150 orders in a day. They have tie-ups with more than 15 corporates till now. They also provide services in some of the corporate meets and parties etc. They have all the necessary equipment and 5 bikes for delivery.
They have designed their application in such a way that it can work in the multi-city basis as well with slight changes. The Promoter plans to get an investment since he wishes to improve their delivery team, for promotions and for expansion purposes as well. The revenue since the time it started is INR 40 Lakhs with a margin of 4-5 Lakhs. They are seeking an investment of INR 35 Lakhs. They can also consider complete exit.
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Expansion and Promotions
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₹10 to ₹200 Cr
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