Cakes / Chocolates Delivery Aggregator Platform Looking for Investment in India
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This platform was launched in April 2017. This is a unique platform which has a great scope in the future. This is a largely untapped market with hardly any major players in this segment. They basically work as an aggregator and have more than 250 channel partners. Whenever they receive an order, it is assigned to the channel partner which is nearest to the point of delivery but the bill is in their name while they pay the channel partners. They cater to more than 200 cities in India. They take orders through online means and have more than 13000 registered users. They have completed more than 11000 deliveries till now successfully.
They have a core team of 5 including the 2 directors and are headquartered in Ahmedabad. They provide cakes, flowers, chocolates and greeting cards etc. They have a well-functioning website capable of handling more than 10 times of the orders that they are currently doing. This website has more than 1 Lakh pages which can be accessed using several filters available on their website. They also provide some customized packages in which they deliver the cake along with some live music and a guitarist with a videographer. This video is then delivered to both the sender and the receiver. They acclaim them to be 'the person who delivers feelings and emotions'.
The revenue per month is around INR 6-7 Lakhs with a profit margin of almost 25%. They are looking for an investment for the following purposes: Digital Marketing, develop a mobile app for delivery boys and for improving the platform as a whole. They are looking for an investment in the range of INR 1.5-2Cr. The equity sharing arrangement can be discussed with the promoters directly.
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Marketing and Tech Improvement
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₹10 to ₹200 Cr
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