Popular Food Delivery Pvt. Ltd. Business Looking for Investment in Delhi
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This is an app and portal based food ordering and delivery venture based in Delhi, India. This was started in 2016. They deliver home made food to their users from their seller partners. It was inspired by the thought to provide completely home made food from neighborhood kitchens to the local folks of the city. They have their own exclusive fleet of delivery personnel to pick up orders from nearest kitchen and deliver it to the customers.This is a private limited entity and has 2 directors
They currently operate from a co-working space with a monthly rent of INR 15000. They have a well qualified team of 15 people. They receive 80-100 orders per day. They have more than 17000 registered users on their portal.
They have recently expanded their operations to other cities like Mumbai and Bangalore wherein they have partnered with local logistics companies.They provide their platform for use and charge on per order basis at these cities. They also started delivering vegetables from nearby vendors. This is already a profit generating business and could flourish with proper funding and guidance. Their yearly revenue for FY 16-17 was INR 10 Lakhs but now they are generating almost 2-3 Lakhs per month.They are looking for an investment of INR 50 Lakhs for further expansion. They are open for complete exit provided they receive the right price.
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Expansion to other metro cities
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₹10 to ₹200 Cr
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