Retail Business Raising Funds For Expansion In Chennai
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About Business
They offer a wide range of products, including fresh vegetables and fruits, groceries, rice, textiles, and kitchenwares. Their diverse product lineup caters to both everyday essentials and specialty items, making them a one-stop solution for their customers.
Clientele type
Their business model includes both B2B and B2C operations, dealing with nearly 300 grocery stores in the B2B segment.
Premises
LEASED
Lease per month (in INR): 2.26 L
Security Deposit (in INR): 10.50 L
Carpet Area: 7,000 sq ft
They operate from a main location, with an additional branch in Kolathur, which spans 1,500 square feet.
Asking Price Includes
The terms of the transaction will be discussed with potential investors.
Asking Price
INR 1.00 Cr
Minimum ticket size
INR 20.00 L
Reason
The promoter is raising funds to fuel the growth of the business.
More Details
They started this business in 2020, they have quickly expanded their operations and also manage another website, focused on the domestic market. They have a strong team consisting of nearly 90 salaried staff members and approximately 500 freelancers dedicated to business promotions. Their goal is to register nearly 500,000 customers across Chennai, with a strategic project in place to achieve this target within three months. Their rapid growth and ambitious plans highlight their commitment to becoming a major player in their industry.
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₹10 to ₹200 Cr
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