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Unique online platform that can be No1 Muĺti crore business

Listing ID: SL011343
Posted By: Owner
Last Active: 1+ year ago
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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

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₹10 to ₹200 Cr

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Seamless Fundraising/M&A transactions

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Before buying a Unique online platform that can be No1 Muĺti crore business, check:
  • 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 a second-line of management?
  • Are you going to run the business on a 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?

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If you have any queries or need help, our team is here for you. You can email us at [email protected].

Yes. Once connected, you can negotiate:
  • Deal structure (cash, equity, mix)
  • Transition timeline
  • Support during handover
  • Final consideration based on due diligence

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