Unique online platform that can be No1 Muĺti crore business
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About Business
We are an online buying assistance platform for consumer electronics and home appliances, that recommends the product that best fits your needs. Instantly! So no need for browsing websites, reviews, videos, visiting stores or decoding technical jargon.
At the end the consumer can buy the recommended product from Amazon or other similar platforms.
As per Google-BCG reports, online is very promising in this category, influencing more than 60% sales in this Muĺti Billion USD category.
Once the product is purchased there’s scope for affiliate sales commission. Also the platform has great scope to become the preferred advertising platform for all the players tha collectively spend apprx 1500 crores INR in advertising.
The platform has the potential to extend to other countries outside India as well.
Clientele type
Anyone looking for these products like AC, TV, Fridge, smartphones, etc are our potential customers.
Premises
The trademark and website is solely owned by the two Co-founders, that have a very rich corporate background.
Asking Price Includes
Complete venture - website, trademark, backend logic, data.
Reason
Frankly we were not successful in raising funds and certain challenges due to Covid.
More Details
Cofounders have the 100% equity and bootstrapping for the venture this far. Both have a rich work experience at senior positions with companies namely Bajaj Electricals, Pidilite, Reliance Capital and H&R Johnson.
Keywords
₹10 to ₹200 Cr
Complete Investment Banking Solution in 120 Days
Seamless Fundraising/M&A transactions
Start your growth journey with our 25+ Years of Experienced Professional Team.
Contact IBGrid TeamFrequently Asked Questions
How to contact a business owner directly to buy or invest in a business?
Connecting with a business owner directly is simple! Just follow these 3 easy steps: 1. Create your FREE Investor/Buyer profile on IndiaBizForSale 2. Explore the 'Business Opportunities' section to find 10,000+ business opportunities matching your investment preferences. 3. Click on the 'Contact Business' button and connect with business owner directly. Check here to know how it worksNote: Once you create your profile, you will get ONE introduction credit, allowing you to contact any ONE featured business.
How does IndiaBiz verify the business information?
The business opportunity is either posted by the business owner or advisor. After that, our team checks the information for completeness, language, and accuracy. Once the basic checks are met; only then the opportunity is published. We also get users' feedback for the opportunities they contact and based on their feedback, the opportunity maybe put on HOLD till further clarification. Many opportunities are not published when it does not pass through our internal procedure checks. We sincerely request you to carry out complete due diligence before taking the transaction ahead. In addition, the contact details of the business are verified via phone/email.
What to consider before buying or investing in a business?
Below are some of the factors that need to be considered before buying or investing in a business:- Growth prospects of the industry and business
- Sales, profitability, and cash flow of the business should be considered
- Consideration you have to pay; form of consideration (either cash or shares or some combination of both) to be paid?
- Source of financing the purchase
- Amount of additional investment that will be required to grow business
- Does the business have second-line of management?
- Are you going to run the business on day-to-day basis or appoint some professional for the same?
- What decisions are to be taken to improve the profitability of the business?
- Time period of payback or return is envisaged from the business?
- Any long-term strategic benefit or synergy with your existing business?
- Will the clients continue with the business after the acquisition?
