FinTech Business providing Banking and digital payment solutions focused on financial inclusion for the rural population

Listing ID: BB007742
Posted By: Third party
Last Active: 1+ year ago
Verified User Information
emailEmail
phonePhone
googleGoogle
linkedinLinkedIn
facebookFacebook

Product / Service

● Withdrawal of Money (Cash can be withdrawn from desired Bank Account or EMI can be collected) ● Deposit of Money (Cash can be deposited into the Desired Bank Account) ● Cash Collection (Cash is collected on behalf of banks and corporates) ● Account Opening (Different Bank accounts can be opened) ● Transfer of Money (Cash to Bank Transfer) (Unlike Bank to Bank or wallet to wallet) ● Prepaid Cards ● Bill Payments ● and many more...

Clientele type

B2B2C business model. Agents: Any Kirana store or shop keeper can be an agent and facilitate services. Customers: End users are villagers, any one from the rural population can approach an agent and avail services from the local agents.

Premises

● Registered Office in Mumbai ● Tech Team operates from Chennai ● Sales Team from Bangalore

Asking Price Includes

Equity

Reason

Funds for Growth

Other Details

1. Vast Established Network Across Rural India: Our client has a vast network of agents and end-users which they have already established in more than 6 lakh villages which makes them a well-established player in this sector. 2. Extremely User-Friendly Digital Platform: Our Client has invested time and effort into building this Digital Platform which is easy to use and extremely inviting to the target audience. 3. Proven Formula of Penetrating Rural Markets: They have built strong goodwill with their customers and gained their trust using this model. In a very short span of time, their brand has matured which is reflected in the growth of their network. 4. Aggregator Model Set-up: Our clients model is that of an aggregator, this can scale up to multiple services and has limitless potential to push products and services alike.

Keywords

Business Tags

can be started immediately Good customer base Good Customer rapport Good relations High Potential Large Clientele Low competition Pan India Licences Potential customers Presence across country Presence in different States Profitable Quality Products with Brand name Scope of Expansion Small team Tie ups with many channel partners Tie-ups with very Big Brands Well-established Wide range of Services

₹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 Team

You may also like

Frequently 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 works

Note: 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?
Most of the above questions should be answered when you are evaluating any business opportunity for acquisition/investment.

What support can I expect from IndiaBiz?

If you have any queries or need help, our team is here for you! You can email us at [email protected]
Our Advisory team also provides support related to business valuation, business plan documents, and franchise expansion plans at a fee. Contact our sales team for more details based on your requirements.

As a seller, you are not allowed to contact another seller.

You cannot contact the seller as the Business Listing is On Hold

Error Occured

You cannot contact the seller as the Business is not available Anymore.

You cannot contact the seller as the Business is Sold.

Your mobile number is verified.
Your message will be sent after you have listed
your Buying requirements (takes 2-3 minutes).
Press Next.

Your message will be sent only after you have
verified your email-id. Please check your email.
Press Next.