Startup offering O2O Software to 170+ clients

Listing ID: SL010531
Posted By: Owner
Last Active: 1+ year ago
Verified User Information
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Product / Service

Direct online ordering solution Table reservation Website development Branding and Digital Marketing

Clientele type

Restaurants and retail stores. We have customers from Canada, the USA, and India.

Premises

LEASED

Lease per month (in INR): 48000

Security Deposit (in INR): 480000

- India office: Trivandrum- 800 Sqft 22 seater office, assumed since March 2021. - Agile offices in Toronto and New York - Includes physical assets worth INR 3 lakh

Asking Price Includes

for 20% stake

Reason

Funds to expand our marketing and invest extensively in India operations, and enhance our product line.

Other Details

- Software company based in Canada and Kerala.
- The business operations are run from both Toronto and Thiruvananthapuram.
- Have developed an application software in-house that can be attached to the website of the merchants.
- We provide online ordering and reservation solutions along with digital marketing and branding.
- The software can be customized based on the client's requirement.
- Have onboarded 123 clients over the last year and 70 active clients in Canada.
- Started India Operations in the last weak and already have more than 100 clients signed up here.
- Revenue generation is done by charging a percentage of commission on the order value. The percentage varies from region to region.
- Promoters have 9+ years of experience in the industry.
- The business is currently operating at a loss as it is still in the process of being set up.
- The business is registered as a private limited entity in India and also has a registration in Canada.
- The business is headquartered in Thiruvananthapuram for Indian operations and in Toronto for Canadian operations.
- There is a small team of employees in Canada.

Keywords

Business Tags

Excellent Goodwill High growth potential in growing industry

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