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Upcoming Hyperlocal Marketplace Raising Funds In Ranchi

Listing ID: SL033886
Posted By: Owner
Last Active: 23 hours ago
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About Business

Funding Raised Stage: Bootstrapped

Stake Dilution %: 0%

Runway Months: 12-24_months

Marketing Spend %: 0%

Technology Type: Services

Revenue Model: Subscription

Startup Stage: Pre-revenue

The founder is developing a hyperlocal platform that integrates PG accommodation, home tiffin, and essential lifestyle services into a single ecosystem, initially targeting Tier-2 and Tier-3 markets. Its key advantage is a recurring-revenue model.

The founder is an Android developer with 7+ years of experience in application development and is currently working in a marketing role.

Clientele type

The platform will cater to students, bachelors, and working professionals moving to new locations.

Premises

LEASED

Lease per month (in INR): 5.00 K

Security Deposit (in INR): 5.00 K

Carpet Area: 1,500 sq ft

Use of Funds

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

Asking Price

INR 20.00 L

Minimum ticket size

INR 10.00 L

Reason

Expand to new locations / markets

Hire key talent / build team

Invest in technology / R&D

Marketing & customer acquisition

Working capital requirements

Product development / launch

Technology / platform development

They are raising funds to start the development of the platform.

Keywords

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Business Tags

Upcoming Hyperlocal Marketplace Raising Funds In Ranchi

Fundraising for ₹10 Cr – 500 Cr

Confidential Process Completed in 120 Days

Strategic Preparation, Aligned Investor Outreach and Seamless Closure

Supported by Advisors with 26+ Years of Experience

Contact IBGrid Team

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