Wellness Concept Store with AI Assistance
Product / Service
Active Wear & Organic Foods & Health Supplements
Clientele type
Wholesalers, Retailers & Consumers, Health & Wellness Industry.
Premises
LEASED
Lease per month (in INR): 200,000
Security Deposit (in INR): 440,000
Retail - Two Exclusive Sports Wear Stores : One 2500 Sq ft Big Format store at Gandhinagar, Vijayawada (under development - Launch Post Covid in June/July) One 500 Sq ft Small Format store at Nuziveedu
Asking Price Includes
40% Equity Dilution
Reason
5 Compass Big Format Stores & Online, 10 Small Format Franchisee Stores, To expand distribution network for Organic Foods & Supplements
Other Details
Our Founding team is a mix of seasoned industry experts and seasoned business owners. The founding team has a combined experience of more than 100 years spanning across sectors of sports and fitness apparel, technology, and food industry with a proven track record of success.
One of our founders is an IT professional and seasoned entrepreneur with expertise spanning IT, Apparel & Agriculture. He founded the company to address wellness and sustainable goals. His Functional Expertise are Retail & Distribution & Online Mktg & Sales.
The other founder is a renowned social entrepreneur in the region and the best women entrepreneur awardee from Govt. of A.P. She founded RR Sports and Amma Premashramam, an NGO to provide rural opportunities and promote Organic Farming. She has provided direct employment for more than 500 women directly and many others indirectly.
One with vast marketing knowledge and served in leadership roles at Unilever, Levis, Nike, etc., He brings rich functional experience in rolling out and execution in the domains FMCG, Apparel & Retail.
One has done his Masters in Systems Engineering from Northern Illinois University and Data Analytics from Harrisburg University. He Worked as Data Expert Consultant with Nike, XPO Logistics, and Hyundai.
Hands-on experience with Machine Learning, Computer Vision, Natural Language Processing, etc. He is heading the IT division and development of the AI-based Wellness Assistant platform.
Business Tags
₹10 to ₹200 Cr
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