- February 25, 2024
- 33 Views
Business Overview
– Food delivery mobile app with a total customer base of 50,000+
– We have 6,000 vendors registered with the app.
– Our app is serviceable in 32+ cities with 120 to 130 orders daily.
– The average order value is INR 400.
– Our app is different from similar food delivery service applications like Swiggy and Zomato, as it only caters to tier 3 and tier 4 cities. We also charge a commission of 20% on each order which is less compared to our competitors.
– Each city has 15 to 16 contract delivery partners who get paid INR 2,000 weekly.
– The internal team of the organization handles marketing, financials, payments, management, etc.
Products & Services Overview
Android and iOS food delivery app with 6,000 vendors. 50,000 customers across 32+ cities (tier 3 and tier 4) use our app for food delivery.
Assets Overview
Tangible assets- Office equipment and PCs.
Intangible assets- Online application on iOS and Android.
The Android app has 10,000+ downloads with 550 reviews and a 4.5/5 rating.
Facilities Overview
We have rented a facility for INR 9,000 per month.
Capitalization Overview
The business is self-funded with no outstanding debts or loans and the percentage owned by each director is 16:4:80 respectively.
