Equity stake on offer
Quality products at unbeatable prices
Chennai, IndiaRetail₹1Cr+ / month
About this business
We started a hyperlocal marketplace for neighbourhood shops in Chennai in 2018. Today we serve 96,790 buyers pan-India, and annual revenue is around ₹23 Cr. Currently running at roughly breakeven. We take a 18% commission on transactions and around 50% of buyers come back within 90 days. We employ 442 people and have a second line of management in place. Offering a 20% stake to a strategic investor to fund expansion into Bengaluru and Hyderabad; the founders will continue to run the business.
Deal snapshot
StageScaling
Revenue₹1Cr+ / month
Team size200
Founded2018