Xerve - $1B Firm in FY20

Karnataka, India

62% Raised

Short Summary

Xerve.in is India's No. 1 Buying Assistant for both Consumers and Businesses. We are on track to scaling-up Rs. 6 Cr+ Monthly Sales to Rs. 100 Cr+ Annual Sales in FY '17-'18.

Highlights

  • India's No. 1 Price Comparison, Daily Offers & Insta Quotes 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
  • 15+ 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.

Overview

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

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