Rapidly Expanding US Managed Quick Commerce Biz Raising Fund
About Business
Innovation, tech, and customer service driven quick commerce firm which provides doorstep delivery of a range of essentials, from groceries to restaurant food.
Clientele type
Everyone, from individual home based customers to businesses, to establishment partners.
Premises
OWNED
Premise Size: 1000
Market Value (in INR): 2.50 Cr
Additional 1600 sq ft office on rent.
Asking Price Includes
The terms of the transaction will be discussed with potential investors.
Asking Price
INR 12.50 Cr
Minimum ticket size
INR 25.00 L
Reason
They are raising funds to expand their presence to one hundred tier 2 and 3 cities across India.
More Details
It is a rapidly growing Quick Commerce company, as an attractive investment opportunity. Incorporated in 2020, It has demonstrated exceptional operational strength and growth potential, achieving a 10x growth in orders over the past four months alone & conservatively forecasting an INR 268 CR profit within two years. Multiple cities across India have requested their services over the past few months. With a projected Quick Commerce market size of $35B USD by 2029, it is poised to capture a significant share. A detailed 5 year forecast to be provided upon request for serious investors only.
Led by an exceptionally strong management team - their current investor and acting CEO brings over 20 years of executive leadership experience across the Wall Street and Management Consulting spaces in the US, from being named one of Citigroup's youngest VPs in the mid 2000s to helping rollout a retail and corporate bank for Goldman Sachs.
Keywords
Business Tags
₹10 to ₹200 Cr
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