Food and grocery delivery aggregators with 40,000+ orders and 500+ restaurants seeking equity investment.
  • 01/07/2023 4:15 pm
  • Turkey
£56,300

Business Overview
– Food and grocery delivery business based in Istanbul.

– Have signed up with 500+ restaurants and 1,000+ grocery stores.

– We are currently only aggregators ad do not provide delivery services. The delivery is done by the restaurant or the store itself.

– In the last 6 months have observed 70% MoM growth in revenue, 9 times growth in orders, 60% new customers, and 8.19% conversion rate.

– Have received 40,000+ orders since inception.

– Charge a commission from restaurants and grocery shops, ad fees, and annual subscriptions to generate revenue.

– The development of the website and mobile application was outsourced.

– Have 50,000+ installs on Google Play.

Products & Services Overview
Delivery application for food and groceries. Act as aggregators for restaurants and grocery stores.

Assets Overview
Laptops, mobile phones, and office equipment. Intangible assets include web and mobile applications.

Facilities Overview
Have a rented our office located in a business area in Istanbul.

Features:

  • Established 0-1 year(s)
  • Employees 10 - 50
  • Legal Entity General Partnership
  • Reported Sales TRY 2 million
  • Run Rate Sales TRY 3 million
  • EBITDA Margin 10 %
  • Industries Food Delivery
  • Locations Istanbul