Deals from FinancePlus South-Central Asia

Deals from FinancePlus South-Central Asia

Seeking Funding for Tissue Manufacturing & Converting Unit

With a Population of 200+million and tissue consumption per capita of 0.5 kgs as compared to 6 kgs in China and 13kgs in USA, its a growing market in Pakistan.
Market size= 100,000 Tons
Installed Capacity=56000 Tons
Imports = 44000 Tons

We would like to install a test model small mill of 500Tons for the first year as trial production.
Its 1st year projected sales = US$1.9 million and 1st year projected profits are US$130,000.
Its 2nd year projected sales = US$2.33 million and 2nd year projected profits are US$185,000.

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E-Commerce website in India – Recharge, Corporate Travel and much more

The Company a fast growing company providing web portal development, software development, e-branding and customized SMS solutions. It was founded in April 2009 as a proprietorship firm and obtained its Private limited status in Nov 2009 under the Companies act 1956. The Company is an ISO 9001:2008 certified company.
The Company mainly provides one stop solutions for clients helping them to attain their business goals with respect to all utilities such as travel, bill pay, recharge and much more.

The Company currently has five main Core areas of Business:
1. Martgem.com – (B2B) (Introduced only in FY 2014-15)
Works on a Franchise Model. Martgem.com is a B2B platform created with the aim of easy and fast distribution of e-services. Extended Business Support, Technological advancements, Single Wallet Solution, Multiple platform access, Wider range of services, Transparent Business Policies, etc are few USPs which obviously makes Martgem a preferred choice for channel partners. Services we sell includes Mobile Recharges / Top Ups, Air Tickets (Domestic / International ), Bus Tickets, PAN Card, DTH Sales etc. India’s first online platform to have Ticketing, recharges, Bill pay in a single portal.

3. Rechargeseva.com – (B2C)
Rechargeseva.com provides quality service in online Mobile Recharge for Prepaid, Postpaid, DTH, Data Card Recharge, Data Card Bill Payment, Landline Bill Payment, Online Smart Gas Booking, Insurance Bill Payment, Electricity Bill Payment etc.

4. Recharge – Distribution (B2B)
Sales of Recharge as Distributor to another Distributor Partner or a Retail Partner.

5. Messagewala.com (B2B)
Messagewala has been innovating its solutions to stand ahead in the market as leader. We offer integrated cloud communication solutions across the SMS, Voice & E-mail platform. The platform is integrated with unique innovations enabling the enterprises to access the services effortlessly.
The infrastructure is reliable and robust and have enabled to deliver the highest SLAs and service reliability, available in the market today. Messagewala serves as the backbone of communication system for more than 1000 enterprise customers.

Key Financial Indicators
(All info in USD Million)
Particulars FY 2012-13 FY 2013-14 FY 2014-15
(unaudited –
Projections)
Turnover 4.50 8.90 16.47
% increase 100% 97%
Gross Margin 2% 5% 9%
Net Margin 0.33% 1.4% 2-3%
The reason for lower margin is non-promotion capability of the retailer business. Increasing marketing strategies through help of PE funding like its competitors such as freecharge.com, paytm.com, makemytrip.com etc. and further adding on of travel sector (ticketing and Hotel bookings) would increase the margin substantially. It is to be noted all the above competitors and many more players are PE funded projects only.

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Grofers, An On-Demand Delivery Service For Indian Cities, Raises $10M From Sequoia And Tiger Global

TechCrunch
Large marketplaces like Flipkart, Snapdeal, and Amazon are benefitting as India turns into one of the world’s fastest-growing e-commerce markets, but many brick-and-mortar stores are missing out on the boom. A startup called Grofers wants to help local shops by not only providing them with a mobile platform for their inventory, but also facilitating on-demand delivery within 90 minutes.

Grofers’ business strategy is ambitious, but the startup just got a vote of confidence in the form of a $10 million series A round led by Sequoia Capital (a returning investor) and Tiger Global. This brings its total raised so far to $10.5 million.

Co-founder Albinder Dhindsa tells TechCrunch that the capital will allow the service, which is currently available in Delhi and Mumbai, to expand into more cities, with Bangalore first on the list. Grofers will also improve its technology to make it easier for merchants to upload and manage their goods.
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TinyOwl Lands $16M To Expand Its Food Delivery Service To 50 Cities In India

India-based food ordering service TinyOwl has raised a $16 million Series B round to fund an aggressive plan to reach 50 cities in the country, TechCrunch has learned. TinyOwl co-founder and CEO Harshvardhan Mandad disclosed details in an email to staff earlier this month. The company initially denied the round, but has since confirmed it to TechCrunch. The capital was provided by Matrix Partners and existing investors Sequoia Capital and Nexus Venture Partners. TinyOwl raised $1 million in August 2014. It added a $3 million Series A round in December.

It’s been public knowledge that TinyOwl was raising fresh funding. Last month, Mandad told VC Circle that he was in discussions over a $5 million raise. Perhaps spurred by increased competition, TinyOwl has taken on a lot more capital and raised its targets — VC Circle reported plans to expand to four new cities in the next six months — accordingly.

TinyOwl’s service allows customers to order take-out via its iOS and Android apps. It launched in March 2014 and is currently available in Mumbai only, however Mandad explained in the email that the aim is to take the service to over 50 cities in India before the end of the year. Another target, he wrote, is to pass 50,000 daily orders per day before the end of the year — that would be a big jump on its current daily order rate of 3,000-5,000.

The young startup has witnessed the competition intensify lately. Rocket Internet-backed Food Panda entered India via the acquisition of TastyKhana last year, and this month it snapped domestic rival Just East as part of a glut of global acquisitions. In addition, food discovery service Zomato — which has global reach and raised over $110 million from investors — will launch a food order service in India next month, and has allocated $50 million to build the business.
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Peer-To-Peer Rental Service NoBroker Grabs $3M To Battle India’s Property Brokers

NoBroker, a peer-to-peer property listings startup that wants to rid brokers from the rental process in India, has closed a $3 million Series A round to expand its service to more cities beyond Bombay and Bangalore.

SAIF Partners and Fulcrum Ventures participated in the round. The startup last year raised an undisclosed seed round from Saurabh Garg, an angel investor who co-founded the Four Fountains Spa chain.

The Bangalore-based startup wants to simplify the process of renting properties. It believes that a peer-to-peer model, facilitated by its site, can slice out property brokers — the kingpins who control rental deals and take a large slice of commission for matching landlord and tenant.
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Wooplr Lands $5 Million For Its Fashion Discovery Service In India

TechCrunch
Wooplr, a startup that is aiming to ignite social commerce in India, has closed a $5 million Series A funding round from Helion Ventures to expand its team and grow across the country.

Bangalore-based Wooplr started out as a social network for sharing fashion photos, but it has evolved into a discovery platform for fashion enthusiasts. It was founded in March 2013 by four ex-McAfee colleagues — Arjun Zacharia, Soumen Sarkar, Praveen Rajaretnam and Ankit Sabharwal — and previously raised a $225,000 seed round.

“We aim to deliver on the promise of social commerce — providing the right product, to the right user, at the right time,” Rajaretnam told TechCrunch in an interview.

Wooplr doesn’t let users buy items directly from its service (yet). Instead it lets users post pictures of their outfits, which are then surfaced and showcased to others, who are also given details of where they can go to buy them — both online and at offline outlets near them.
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India’s Stayzilla Raises $20M For Its Hybrid Hotel/Airbnb-Like Booking Service

Stayzilla, an India-based service that combines regular hotel bookings with short-term, Airbnb-style rentals, has announced a $20 million Series B round to grow its business.

The round, details of which leaked last week, was led by Nexus Venture Partners and existing investor Matrix Partners. Stayzilla, which was founded in 2010, nabbed an undisclosed Series A round in October 2013 having closed a $500,000 seed-round in 2012.

Stayzilla is an interesting beast. The overall focus is on letting users book accommodation across India for a stay of up to one month. The startup — which makes money via a varying rate of commission on each booking — initially went after traditional stays, such as hotels and guest houses, but hit a growth spurt when it eased up on how it managed ‘alternative’ accommodation selection — principally peer-to-peer rentals and homestays.
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Indian E-Commerce Marketplace ShopClues Lands $100M Round Led By Tiger Global

money cash There’s more funding for e-commerce companies in India today, after ShopClues — a startup that led the adoption of the marketplace model in the country — closed a $100 million Series D round. Read More

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Google Capital Invests in Indian Online Real Estate Startup CommonFloor

Wall Street Journal
An investment arm of search giant Google is betting that India’s online real estate market is set to boom.
Google Capital is providing fresh funding to CommonFloor, the Bangalore-based startup said in a statement Thursday. The amount of the investment was not disclosed.
CommonFloor, which launched in 2007 and has more than 1,000 employees, allows users to list and search for residential properties. The company says it is the biggest homes portal in the country of 1.2 billion people, with more than 500,000 listings across over 200 cities.
“The online real estate market in India is poised for tremendous growth,” David Lawee, a partner at Google Capital, said in the statement. CommonFloor’s chief executive, Sumit Jain, said the funds would be used to beef up the company’s platform.
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Bangladesh Vertically Integrated Garment Plant Available for Purchase

An EM focused Investment Bank has been mandated to structure and execute the sale of a family owned state of the art garment manufacturing unit. The Investment Bank is seeking strategic sector investors who may be interested in a strategic acquisition that would give them enhanced low cost production facilities and access to the Western brands that the Company currently serves.

The Company, located in Bangladesh, has been a family owned business from the start but the owner is approaching retirement. Due to the inability of his children to take over, it made strategic sense to look for an exit. The Company has a fully vertically integrated production platform and in terms of its garment range, these include some of the top international brands for both inner and outer wear. A teaser is available as well as more specific information later via a full Information Memorandum and valuation material, but would appreciate firstly guidance as to if there is indicative interest.

Some Core Attributes Include:

-Tax advantages for Foreign Investors due to Special Economic Zone (SEZ) location Chittagong

-Location: Located quite close to the largest port in Chittagong, Bangladesh and well connected by air through an international airport, 4 lane Dhaka- Chittagong by road.

-Low overhead & smooth production heaven: Chittagong Garment & textile operational costs are much lower than Dhaka and other cities of Bangladesh. Consistence work forces with average of 6 years experiences, congenial working environment during any political turmoil with minimum migration & absenteeism.

-Strong Profitability- The economies of scale and overall efficiency provided by a vertically integrated operation ensure better operating and net margins than the vast majority of our client’s peers who run stand alone operations.

-Long standing relationships with clients: 100% of the Group’s revenue comes from clients who have been with Company for over 6 years with nearly 70% coming from clients of over 10 years. This demonstrates a strong working relationship between the Group and its clients which include leading brands in the West (with Germany and the USA being by far the largest markets)..

-Low energy cost: Natural gas has been used as the main energy source in both the client’s RMG & Textile zone for industries, and is significantly cheaper source compared to electricity and diesel.
Uninterrupted power supply: Both RMG & Textile Zone equipped with 3 power sources as alternative back up (Gas, Diesel, Govt electric supply) which is a unique strength for export manufacturing Industries.

-Effluent treatment plant (ETP): RMG-Washing & Textile – Denim dyeing plant 100% runs with Live & active ETP operation to protect environmental code of ethics.

-Production Flexibilities : The client’s garment production complex has got significant expertise of producing all kinds of Bottom wear, Jeanswear, Outerwear, Jacket, Underwear, Lingerie, Casual wear with high quality balanced machineries & equipment.

-Compliance & Building – fire safety: All RMG units are certified by WRAP, BSCI,SEDEX,& ISO. All production complexes built with state of art Building technology & fire safety code by certified engineer & proper approval authority.

For more information contact:
Nova Capital
Sajeev Chakkalakal
[email protected]
+44 20 3663 2427

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