A Digital Platform for all Electronic Spare Parts is looking to raise INR 1 Cr

Posted On: 24 / Mar / 2023
0 840

Deal Details

Annual

Deal Type

Equity (Fundraise)
Maximum Loan

Industry

Computer Hardware
Charge

Deal Status

Active

Deal Description

Target Customers:

  1. The repair mechanics
  2. The wholesale of spare parts
  3. Maintenance of large size companies

Market Size:

  1. TAM = ₹ 1250 Cr / annum for 40 lakhs shop owners
  2. SAM = ₹ 625 Cr / annum for 20 lakhs shop owners
  3. SOM = ₹ 63 Cr / annum for 2 lakhs shop owners

Product:

  1. We currently sell laptop and desktop spare parts (7 out of 17 categories)
  2. Future Additions = EV Spares and Consumer Durable Electronic Spares

What do we do?

We do the business of Electronic Spares in a better and organised way on online platform as well as mobile app.

How do we do?

  1. Educate and help customers to order correctly by online content and live videos.
  2. Continual update for the system for Mistake Proofread
  3. Procurement, Testing and Storage through technology backed systems and procedures

Revenue (without funding):

  1. 2019-20 = ₹ 8.69 lakhs
  2. 2020-21 = ₹ 44.82 lakhs
  3. 2021-22 = ₹ 77.55 lakhs
  4. 2022-23 = ₹ 80 lakhs
  5. 2023-24 = ₹ 168 lakhs
  6. 2024-25 = ₹ 400 lakhs
  7. 2025-26 = ₹ 750 lakhs
  8. 2026-27 = ₹ 2500 lakhs
  9. 2027-28 = ₹ 6250 lakhs

Revenue (with funding):

  1. 2019-20 = ₹ 8.69 lakhs
  2. 2020-21 = ₹ 44.82 lakhs
  3. 2021-22 = ₹ 77.55 lakhs
  4. 2022-23 = ₹ 90 lakhs
  5. 2023-24 = ₹ 2100 lakhs
  6. 2024-25 = ₹ 6250 lakhs
  7. 2025-26 = ₹ 12500 lakhs

Usage of Funds:

  1. Employee at Hong Kong / Singapore – Streamlining the order cycle and hence inventory cycle.
  2. Add the remaining categories to make it a full 17 categories component store of Laptop / Desktop spare parts
  3. System updating work with in-house development team.
  4. Opening up franchise / second branch in Pune – System preparation and trial room.

No Files Attached

Deal Value
1 Crore
Targeted Region
Asia Pacific

Revenue

2019-20
44.82 Lakhs
2020-21
75.88 Lakhs
2021-22
90 Lakhs