An award winning integrated rural B2B marketplace is looking to raise funds
Posted By - Corporate
Posted date - 31/08/2021
BUSINESS BRIEF
The company,based out of telengana, is a unified platform for fulfilling all rural needs like products,services & financial inclusion.It is an integrated rural commerce B2B marketplace for both corporates & customers.
Company has over 65 B2B tieups with major brands & corporations to help their customers with multiple product & service offerings.
It has served over 1Mn Customers in 3 states with over 1200 SKUs.
The company has raised funds from prominent Venture Capital funds before and is now looking to raise a Series A round for further expansion.
Proposal
Capital Requirement
INR 63.75 Cr
Justification
The company has achieved rapid growth, evidenced by an exponential growth in GMV (Achieving 2020's yearly GMV in just 3 months) with 25% average monthly growth and a 70% active userbase. It is targeting a GMV of 1200Cr for FY22.
Funding Route
Strategic Investor
Extent Of Dilution
Upto 26 %
Share Holding Pattern
Promoter Group
80%
Non-Promoter Share Holder
20%
Reason For Raising Capital
Organic Growth
Business Operation Information
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