Upcoming Hyperlocal Food Delivery Platform Raising Seed Fund

About Business

About Business:
The business is developing a hyperlocal food delivery and restaurant commerce platform designed to connect consumers, restaurants, delivery riders, and brand/community partners through a single technology ecosystem. The platform will comprise a customer application, restaurant dashboard, rider application, and administrative operations platform. It is being developed using proprietary, internally built technology by a DPIIT/Startup India-certified private limited company and is not based on a licensed or white-label solution.

The platform also incorporates three social-impact programmes into its transaction layer. These include Hunger Credits, which will support community food initiatives through order-based milestones; the Restaurant Surplus Food Programme, which will facilitate structured redistribution of surplus food under food-safety SOPs and traceability protocols; and the Rider Dignity Programme, which will provide accident insurance, roadside assistance, performance bonuses, and brand-sponsored rider campaigns. These initiatives are intended to strengthen customer retention and restaurant loyalty beyond discount-led strategies.

The proposed pilot launch will be in Salt Lake Sector V, Kolkata, with an initial target of onboarding 25–50 restaurant partners within a geographically concentrated operating cluster. The implementation plan is expected to span three months and will include MVP completion, payment and map infrastructure integration, restaurant onboarding, rider recruitment, and commercial launch. The onboarding process will target 40–70 restaurant prospects to secure 25–50 active partners.

Following the pilot, the business plans to expand cluster-by-cluster into adjacent Salt Lake and New Town areas and subsequently establish multiple operating clusters across Kolkata. The base-case financial model projects platform revenue of ₹0.60 crore in Year 1, growing to ₹65 crore by Year 5, assuming successful geographic replication. The model assumes an average order value of ₹400, with EBITDA break-even projected between Year 3 and Year 4 and mature clusters expected to achieve contribution profitability earlier.

The project is currently at the pre-launch/seed stage.

Clientele type

The platform serves four distinct participant groups. Consumers are primarily office professionals generating weekday lunch demand, students and young professionals with high digital adoption, residential customers ordering evenings and weekends, corporate/group buyers with higher average order values, restaurant partners, and delivery riders are engaged through the platform-managed network on a demand-linked basis. Hyperlocal brands and advertisers represent the fourth participant group, accessing measurable locality-level reach through sponsored placements, rider campaigns and community milestone sponsorships once sufficient order density is established.

Premises

They are yet to finalize the premises.

Asking Price Includes

The terms of the transaction will be discussed with potential investors.

Asking Price

INR 1.00 Cr

Minimum ticket size

INR 1.00 Cr

Reason

They are raising seed funds.