Xerve - $1B Firm in FY20

Karnataka, India

41% Raised

Short Summary

Xerve.in is India's No. 1 Search App for Best Prices & Deals (for both Consumers and Businesses). We are on track to scaling-up Rs. 40 Cr+ Annual Sales to Rs. 500 Cr+ Annual Sales in FY '18-'19.

Highlights

  • India's No. 1 Products, Prices, Deals Discovery & Comparison Hub (B2C, B2B)
  • Upto 30% Sales Fees from Partners; Ex: Online (Amazon), Offline (F&B)
  • $50M+ Revenue and $1 Billion+ IPO-able Business in 2020
  • 17+ Years Experience: Amazon, Microsoft, HP, NetApp, E&Y, PWC, HSBC, HDFC
  • Team's Education: IIT Kharagpur, IIT Kanpur, IIM Calcutta, EM Lyon, SCT
Please note: Investing in early stage businesses involves risks, including illiquidity, lack of dividends, loss of investment and dilution, and it should be done only as part of a diversified portfolio. This platform is targeted solely at investors who are sufficiently sophisticated to understand these risks and make their own investment decisions. This information has not been approved as a financial promotion, and you must carry out your own due diligence.

Angel Investment Network (“AIN”) is not a Stock Exchange nor does it intend to get recognized as a stock exchange under Securities Contracts Regulation Act, 1956. AIN does not facilitate any online or offline buying, selling or dealing of securities, clearing or settlement of trades of securities. AIN is not a network or a platform for the secondary market trading.

Overview

Target
Rs.6,00,00,000
Minimum
Rs.10,00,000
Investment Raised
Rs.2,50,00,000
Previous Rounds Rs.4,00,00,000
Stage Achieving Sales
Investor Role Any

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