An Open loop mobile digital payment & Micro Lending Platform from Kerela,India is looking to raise funds
Posted By - Investment Banker
Posted date - 12/04/2021
BUSINESS BRIEF
An Open Loop mobile wallet which works through both a mobile app and even without internet(to be launched),Cell phone or a bank account Coupled with a cobranded prepaid card.
It provides users with Realtime Settlement and Zero interest credit cards,while disbursing loans directly to wallet which can be used for both online&offline (through ATM's).The startup can provide upto 70% cost reduction per loan account to lending institutions.
Expected Revenue is 20 cr for First year with a CAGR of 20%.Operating Margin average is projected to be 28% with an expected Investor IRR return of 23% and a Cumulative Cash Flow to equity of Rs48.3 crore.
Proposal
Capital Requirement
INR 8 Cr
Funding Status
I do not have any investment commitment
Horizontal Industry
Mobile, SaaS
Industry & Sub-Industry
Finance / Insurance (1)
Billing and Invoicing, Microfinance, Mobile wallets Payments, Payments
Technology/Product/Service Offering
Digital Payment System
StartUp Stage
Proof of Concept/Minimum Viable Product
Business Segment Type
B2B, B2B2C, B2C
End use of fund (in %)
Business Documents
Recommended Deals
An Electrical Machinery (Cables and wires) entity from India is looking to raise...
It is an established cables and wires manufacturing business based in Bangalore....
₹ 48 Cr
An Australia based cotton seed derivative (animal feed, oil) company with a pote...
The Company is an Australian cotton oil producer. It refines the cottonseed o...
₹ 60 Cr
A Hospitals and Healthcare (General Medical and Surgical Hospitals) entity from ...
It is a 30 bedded single speciality surgical hospital in Western Maharashtra asp...
₹ 20 Cr
A holistic healthcare platform from India is looking to raise strategic funding.
It is a holistic healthcare platform that strives to provide affordable healthca...
₹ 5 Cr
A Food processing entity from India is looking to raise strategic funding.
The Company is engaged in growing and processing of mushrooms and manufacturing ...
₹ 40 Cr
Premium
A Snack and Beverage Chain Offering Diverse Menu, Sustainability Efforts, and On...
It is a quick-service snack and beverage chain. It is ISO 22000 certified and ha...
₹ 20 Cr
A Market research Company from India is looking to raise strategic funding.
It is an established market research company with 7+ years of experience. It pro...
₹ 14 Cr
A Ready to cook food manufacturing Company from India is looking to raise fundin...
Founded in 2003, the company is an upward integrated, high-quality food products...
₹ 11.25 Cr
An Electronics manufacturing services entity from India is looking to raise stra...
The Company is engaged in the Electronics manufacturing services. It caters to v...
₹ 15 Cr
Premium
A Computer manufacturing entity from India is looking to raise strategic funding...
The Company is engaged in Designing, engineering & manufacturing capabilitie...
₹ 20 Cr
Premium
A Spice manufacturing company from India is looking to raise strategic funding.
It is a Spice Manufacturing Company. The company provides the regional tastes th...