A Steady Revenue E-fulfillment Startup; on a high-growth trajectory
Posted By - Investment Banker
Posted date - 05/02/2021
BUSINESS BRIEF
- Already created a platform that aggregates storage/fulfilment spaces across the country and have a large number of spaces already registered on the platform.
- Partnered with Amazon and is running fulfilment centers for Amazon Prime customers.
- Signed an agreement with Cloudtail and is starting a fulfilment center for them in Kolkata during this month and will be starting a fulfilment center for them in Ahmedabad in the next 2-3 months.
- Done a close partnership with Vinculum, the best software available in India for carrying out e-commerce. Vinculum will take StoreMore services to all its customers too.
- Initiated a close partnership with Shopify, a global company that enables e-commerce for MSME companies. Shopify will take StoreMore services to all its customers in India.
- Initiated a partnership with Pickrr, a leading tech platform for last-mile delivery, covering all Pin Codes in India. Pickrr has recently received funding of $ 4 million from VCs and will continue to grow rapidly. They will take StoreMore services to all their customers.
- The company is in advanced talks with IFFCO for partnering and putting nearly 300 storage spaces of theirs on our platform (for fulfilment) and for Farm-to-Form e-commerce in India.
Proposal
Capital Requirement
INR 2 Cr
Funding Status
I have an Investment Commitment but not lead
Horizontal Industry
Marketplace
Industry & Sub-Industry
E-Commerce (1)
Supply Chain Management
Technology/Product/Service Offering
e-fulfillment
StartUp Stage
Steady Revenue
Business Segment Type
B2B
End use of fund (in %)
Financial Information |
2018 (in Cr) | 2019 (in Cr) | 2020 (in Cr) | 2021 (in Cr) |
|---|---|---|---|---|
Sales |
INR 2.4 Cr | INR 1.8 Cr | INR 1.6 Cr | INR 2.5 Cr |
EBITDA |
N.D | N.D | N.D | N.D |
PAT |
N.D | N.D | N.D | N.D |
TOTAL DEBT |
N.D | N.D | N.D | N.D |
