Deal Details

We are a Consumer Tech Company, secializes in providing on-demand services starting from Delivery, Home services, Transit, Ticketing and others services require in daily life backed by franchisee operated 24*7 Convenience Store chains of Mini Store format. We are already profitable in FY 2019-20 with over 1000 unique customers, served 2000+ orders. We have a lean staff strength of 8 people currently and have generated gross revenue of over INR 22 Lakhs in last four months since inception and made a net revenue of over Rs. 6.5L We have a growth trajectory of over 40x YoY in revenue and 150x YoY in profit . 72% of our customers are recurring customers having a LTV of over Rs. 25000. Our cost per conversion of Rs. 35 for the net revenue of Rs. 150 will be brought down to Rs. 10-12 using customer loyalty program in one platform for multi services. We are having 15% net profit which will be increased to 18% within next 2 years.

We see massive opportunity in digitising micro and small entrepreneurs (mom&pop shop market ) globally and we intend to help our partners by not only giving them a selling platform but also helping them with technology, capital, help with procurement. The proof of concept is already in place with over 100 partners. To pursue the rapid growth in other metro cities in India we are looking to raise Rs. 3 Crore which will help us to generate over Rs. 35 crore revenue by coming year.