Investor!

Bramgoogly

Can i get an investor for my business. I'm ready to give my equity for certain investment amount. Company valuation is 50 lacs. You guys got something up in ur mind about it. Or if anyone of you is already doing something like that Please do share the valuable information. Thankyou

iamdrb

Interested! Kindly share contact information. Alternatively, you can contact me on https://wa.link/zebkxk

ShauryaSaxena

😅 😅

Bramgoogly

ShauryaSaxena What's funny here brother. 😀 Can you please say some beautiful words over this topic like you explain very nicely the other things.

[deleted]

Bramgoogly It's amusing. I think we're on the way to start Shark Tank ft. Foodomaa here in India 😂

Bramgoogly

But, there is one thing. As i have seen many places. Not just rural but good towns and many cities also where zomato/swiggy etc are not operational. So what if we focus to operate in those cities, gather a huge market there. And if in future these big giants do come to those places. There are 99% chances of getting acquired by them for a big amount. But for that we need good time to make our brand successful.
I'm myself operating at a place where the arrival of zomato/swiggy is perfectly impossible for atleast 1 or 2 years. So I've got the time to build up the brand. Now it comes to the capital issue which I'm currently facing. This place (not mentioning the name) has a huge market for this system. But there are many objects and circumstances with which i can confidently say that zomato/swiggy is not gonna come here for a long time. Which is a great opportunity.

When i started the app at my place. I expected it to be like not more than ₹50k sales / month. But it has been only 7 months from the day we started and the average monthly sales are 3.5 Lacs.
But Now getting very much business, I'm at the point where I'm unable to manage everything all alone. I need a good team. I have had many unfaithful persons already in my team who cheated me at different times during these 7 months only.
[deleted] ShauryaSaxena You guys are pretty right and obvious about the investment point of view here. But from my perspective, if i get the investment for my business without the investor caring about if my software is a widely available script or its of my own, we can reach to big heights.
In my mind right now, i can only think about growth through the investment of a well business known person.
I don't really know it properly how to manage the finance? How to do proper accounting? How to manage the team? I was not expecting such a sudden growth in the business. That's why i am in need of investment.
Please guys after reading this if you get any other idea of managing my business and growing it to heights, do mention it here.

ShauryaSaxena

It's not funny. It's too risky from an investor point of view. Just ask yourself, "What's your USP?" before searching for an investor. If you are using foodomaa and delivering food or groceries to places, you can't be huge but you can be crushed. There are big players in this place already. I'd suggest you to make your customers as your investor. How? SALES. And think of a different problem to sort out where you could contribute something different than the competition and try that the system you use is your own proprietary one for that different problem (Just better for investors). While using foodomaa could be good for driving sales and earning a little, you can't be zomato/swiggy or even foodpanda with it. Please take my words as suggestion and force yourself to think on it without getting demotivated. "Why will an investor invest in you while your software is a script which can be purchased by anyone?"

getmytrend

ShauryaSaxena I believe a script which can be purchased by any one can also do wonder, if it work like INFOSYS FINACLE providing digital banking solutions to all. I believe foodomaa can do this in future... Capabilities lies in individual not a script. Please correct me for more understanding

Bramgoogly

getmytrend Yes you got it right !!

ShauryaSaxena

Well, I don't wanna argue here. I do invest in businesses and yes that's right, the investment is not just in the product/service but also in the man/team behind that product/service. But let's keep philosophy side wise and do share the real stuff:

What's your USP?
How will you survive if competition hits? What if Zomato or anyone don't want to buy you and simply crush you with massive cash tanks? Ok, truth be told, "99% chances" made me laugh. No hard feelings. I have seen the list of food delivery apps on the "Local Player Alert" and believe me I don't know about others but Zomato is in no mood to purchase a local app.
An average small town in India have an average delivery market of 10L/Month. You are nowhere near yet. How are you planning to reach an average milestone and even surpass it?

And @Bramgoogly @getmytrend, what's the plan? 😅 It's good to be motivated but channel that motivation in the right direction.👍
I didn't say that all to demotivate you or to make you think that you are not worth investing into.🤦 I said it all to make you think about what's coming and also think how you can safeguard yourself.🙆 Make a earning plan, that good but also a rescue plan in food delivery business. Believe me, it will only take a month to go bankrupt if the cards are not played right. Its your money, use it wisely. 🧑‍🎓

Hey, @Bramgoogly do you need investment or mentorship? What type of investment are you looking for?

Disclaimer: Everything that I say publically here is my personal opinion and you have all rights to defer.

MridulSaikia

Try to bring something new into your business like justbake, cakehut, eatiko, keka you will definitely get an investor. Don't worry about the script try to build your own brand.