Avocado Based Condiments Startup Raising Funds In Mumbai
Email
Phone
Google
LinkedIn
Facebook
Product / Service
Their product is a like-for-like alternative to Hass avocados, serving as a versatile condiment suitable for a wide range of dishes. Creamy, nutty, and bursting with flavor, it brings quality, taste, and kitchen convenience to your table – guacamole.
Clientele type
Their clientele will consist of individuals who recognize the nutritional value of avocados and prioritize their health. With their diverse range of avocado products, they aim to capture 1% of the Total addressable market, which will amount to a potential customer base of 176 million by 2026.
Premises
They plan to outsource manufacturing from Mexico, having established strong partnerships with a prominent guacamole manufacturing company in the region.
Asking Price Includes
They are raising 200,000 USD in this round, and the terms of the transaction will be discussed with the potential Investors.
Asking Price
INR 1.66 Cr
Minimum ticket size
INR 1.66 Cr
Reason
They are in the process of raising capital to facilitate the expansion of their business across India.
Other Details
The Promotors have a rich background, One is from IIM Bangalore and is senior marketing director and he was/is the Business Unit head At Procter & Gamble (P&G), and the other one has 15 years of experience and worked as an Agency head at Unilever.
The packaged Guacamole Market is expected to account for USD 3.53 billion at a CAGR of 8.95% during the forecast period of 2022 to 2029, as per Data Bridge Market Research.
Sales of imported Avocados have grown at an average of 150% to 200% YoY over the last 4 years in India.
Keywords
Business Tags
₹10 to ₹200 Cr
Complete Investment Banking Solution in 120 Days
Seamless Fundraising/M&A transactions
Start your growth journey with our 25+ Years of Experienced Professional Team.
Contact IBGrid TeamFrequently Asked Questions
How to contact a business owner directly to buy or invest in a business?
Connecting with a business owner directly is simple! Just follow these 3 easy steps: 1. Create your FREE Investor/Buyer profile on IndiaBizForSale 2. Explore the 'Business Opportunities' section to find 10,000+ business opportunities matching your investment preferences. 3. Click on the 'Contact Business' button and connect with business owner directly. Check here to know how it worksNote: Once you create your profile, you will get ONE introduction credit, allowing you to contact any ONE featured business.
How does IndiaBiz verify the business information?
The business opportunity is either posted by the business owner or advisor. After that, our team checks the information for completeness, language, and accuracy. Once the basic checks are met; only then the opportunity is published. We also get users' feedback for the opportunities they contact and based on their feedback, the opportunity maybe put on HOLD till further clarification. Many opportunities are not published when it does not pass through our internal procedure checks. We sincerely request you to carry out complete due diligence before taking the transaction ahead. In addition, the contact details of the business are verified via phone/email.
What to consider before buying or investing in a business?
Below are some of the factors that need to be considered before buying or investing in a business:- Growth prospects of the industry and business
- Sales, profitability, and cash flow of the business should be considered
- Consideration you have to pay; form of consideration (either cash or shares or some combination of both) to be paid?
- Source of financing the purchase
- Amount of additional investment that will be required to grow business
- Does the business have second-line of management?
- Are you going to run the business on day-to-day basis or appoint some professional for the same?
- What decisions are to be taken to improve the profitability of the business?
- Time period of payback or return is envisaged from the business?
- Any long-term strategic benefit or synergy with your existing business?
- Will the clients continue with the business after the acquisition?
