Recharges, Bill Pays and Money Transfer Business in India
Product / Service
The company was started in 2012 by the promoter with the aim of providing a platform connecting Indian service providers such as banks, mobile operators, digital TV operators and utility companies with the public through a WALLET. A wallet number is linked to a mobile number of the owner. The platform is utilizing the advantages of personal computers and smartphones, IOS and Android apps are available. It also has the payment license and provides a payment gateway. The company is run by a small competent team of 4 people incl. a Director, 2 ASM, and BEE. Its clients include B2B and B2C customers including retailers and distributors. Majority of its clients are B2B Business with around 1000+ partners and a small share of B2C customers. It has recorded 31,00,000 transactions in last year. Now, the promoter is open for Partnership with a local Investor or Full sale, as the promoter is foreigner and business requires local support to develop.
Clientele type
Small retailer shops
Premises
Distributors in Telecom business
Asking Price Includes
Current business achievements, client base, software solution located in Indian cloud (no servers required).
Reason
Need Pan India expansion to generate more profit that requires motivation of local shareholders to easy achieve development goals.
Other Details
We serve more then 1000 retailers and 50 distributors in Delhi and NCR.
Keywords
₹10 to ₹200 Cr
Complete Investment Banking Solution in 120 Days
Seamless Fundraising/M&A transactions
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