Digital Marketplace Raising Funds in Nagaland

About Business

It offers an online marketplace that serves as a platform for buying and selling various goods, a local services discovery feature for users to post requests and find service providers like electricians and plumbers, and real estate listings for house rentals. Also offers a dedicated section for lost and found items, community engagement tools for local businesses to promote their services, and advanced user-friendly features like radius search, in-app messaging, direct calling, and an auction system.
Products and services tailored specifically to meet the needs of residents in North-East India.

Clientele type

Serves a diverse clientele across various industries, primarily focusing on the unique needs of North-East India. The types of clients and industries include:
Local Residents: Individuals seeking to buy, sell, or discover local services, including students and professionals. Local Businesses: Entrepreneurs and small businesses looking to expand their reach and promote their products or services.
Service Providers: Professionals offering services such as electricians, plumbers, and other local trades. Real Estate Agents: Individuals and agencies involved in property rentals and sales.
Community Organizations: Groups that require a platform for local engagement and service discovery.

Premises

The premise is on lease

Asking Price Includes

Terms of the transaction will be discussed with the potential investors.

Asking Price

INR 10.00 L

Minimum ticket size

INR 5.00 L

Reason

Raising funds to accelerate growth, enhance the platform, and expand the team.

More Details

First-Mover Advantage: The only organized platform exclusively catering to the needs of North-East India, addressing the gap left by existing national players that fail to meet local demands.
Localized Experience: The platform is designed with a deep understanding of local culture, preferences, and challenges, ensuring user engagement and loyalty.
Diverse Revenue Streams: Plans to generate income through featured listings, premium memberships, in-app advertising, and auction transaction fees.
Freemium Model: By offering essential services for free, it attracts a wide user base while providing opportunities for upselling premium features.
Untapped Market: The digital marketplace in North-East India is in its infancy, presenting vast opportunities for growth as smartphone penetration and digital literacy increase.
Experienced Founder: With over seven years of experience in e-commerce and digital marketing.

The company's mission is to empower local businesses and enhance online transactions, bridging the gap in the region's marketplace landscape.