State: Karnataka, Puducherry, Tamil Nadu, Telangana
City: Chennai
State: Karnataka, Puducherry, Tamil Nadu, Telangana
City: Chennai
Details:
- A Mobile App that enables People to send Surprise Gifts to Loved One's, Friends & Family on their Birthday, Anniversary, Special moments, etc. - Business has been operating since 2015. - Users can Order Surprise Gift Products like Cake, Bouquet, Gift Vouchers, Personalized Gifts, etc Globally from Anywhere through our App and we deliver to Gift Receiver Anytime. - Currently we are operational in Chennai, Bangalore, Coimbatore and Pondicherry. - We have 30,000+ customers from India and Rest of the world. - We have strong supply chain of Cake Manufacturers, Florist, etc and currently having around 35 suppliers who supply the products.
Quantify & Elaborate Details:
- Our USP is Surprise Elements like, Deliver Surprise Gifts to People having Birthday's or Anniversary and Enable Excitement & Celebrations to both Gift Sender & Receiver. - 30,000+ Customers with 50%-60% Y-o-Y Growth, Positive Cash Flow, 50% Gross Margin, 30-35% EBIDTA & Positive Operating Net Margin. - Professionally Managed & Process Oriented Organization with scalable Business Execution Model based on latest Digital Technology. - Has the right foundation to expand the business across all major Indian Cities in next 1-2 years timeframe. - ROI can be expected within 2 years based on Business Expansion and Growth. - The reason for exiting this business is, Promoters planning to start a new venture in another business domain and would like to focus on the new business venture.