Fast-Growing Tourism Start-Up Raising Funds In Kochi
Product / Service
It is a travel portal with current emphasis on destinations within the southern states. Additionally, it offers an integrated online store showcasing a wide variety of culinary products sourced from the region.
Clientele type
Majorly they have had offline clients through their partnered vendor.
Premises
OWNED
Premise Size: 2500 square feet
Market Value (in INR): 4.00 Cr
The premises has a building of 2500 square feet and the land of 1 acre. At the other land owned by the founder, a farm house is constructed with 95% work completed only 5% is remain which would be completed within a week's time. The portal has network of more than 150+ acres of property across the southern states.
Asking Price Includes
The terms of transaction can be discussed with potential investors.
Reason
Business expansion.
Other Details
India's rich and diverse rural landscape, encompassing various cultures and heritage, presents a significant opportunity for the development of rural tourism. By harnessing this potential, rural tourism can create employment opportunities and foster sustainable livelihoods for local communities, thereby contributing to the growth of vibrant local economies. Additionally, rural tourism plays a crucial role in the preservation and promotion of rural Indian culture.
The impact of tourism extends beyond economic benefits, as it also contributes to poverty reduction by providing income-generating opportunities. Moreover, it facilitates the revival and rejuvenation of traditional arts and crafts, as well as the preservation of rural Indian cultural practices. The growth of rural tourism further stimulates economic growth and enhances foreign exchange earnings. This, in turn, enables the introduction of rural, organic, and ethnic products to potential buyers, promoting local entrepreneurship and facilitating market access.
The organization is a fast-growing network that specializes in rural, village, agro, and farm tourism in Kerala. Its ultimate goal is to become the largest rural, farm tourism, and organic product network in India. As a startup, it has been self-funded and has relied on bootstrapping to sustain its operations and facilitate its expansion.
About the founder: The founder of the venture possesses an extensive background of 25 years in various industry domains, including IT, Retailing, International Marketing, Projects, and Consulting. He holds a Bachelor's degree in Chemistry and a post-graduate degree in management. Throughout his career, he has consistently pursued opportunities to enhance his knowledge and skills. Notably, he has acquired certifications in digital business management from IIM Bangalore, as well as digital marketing certifications from NIIT, Google, and other reputable institutions.
In 1999, he co-founded a pioneering enterprise that has brought about a significant transformation in the marketing of seafood and perishable goods.
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?