Food and groceries delivery mobile application

Food and groceries delivery mobile application

Current Status Concept / Business Plan Ready
Amount Invested RM0
Funding Required RM600,001 to RM1,000,000
Description A mobile application for food and groceries delivery that gives a user the ability to place an order from smartphones at their fingertips.
Business Opportunity Our mission is to provide solutions for our community of working people, students, elderly, disabled people and suburban residents. With our mobile application, we able to influence people with busy lifestyles, heavy traffic issues and job fortuity. Besides that, we give an opportunity for our local merchants to expand their market and values.
Our target market is based on Malaysian population which is 31,381,992 (est July 2017). We target 10% out of Malaysian population beginning from Kuching Sarawak (969,400 est 2017). Our age target is between 15 years old to 65 years old, we believe by doing those target market we are able to improve our mobile application in the future.
Revenue / Business Model 1. We charge our user RM 2.00 per service fee followed by the delivery fee.
(example: 10% population of Kuching Sarawak 96,940 x RM 2.00 = RM 193,880.00)
2. Our merchant monthly sign up fee is RM 50.00, we have more than 2,500 active merchants in Kuching Sarawak
(example: 10% merchant in Kuching equal to 250 merchants x RM 50.00 = RM 12,500.00 per month
= RM 150,000.00 per year
Management Team 1. Andhie Joshua Melling (Founder)
10 years in Business Marketing
8 years in IT
Diploma in Political Science

2. Valerie Sulau (Co-founder)
6 years in Administration
3 years in Business Marketing
Diploma in Business & Information system

Company Background Pre-seed and startup business
Funding Milestone 40% Mobile Application Development
55% Operation Cost
5% Consumable
% Equity Allocation maximum of 20%
Expected ROI minimum of 10%
Risks and Mitigation Risk
1. Pre-seed
2. moderate revenue growth for the 1st year operation.

Mitigation
1. Weak competition.
2. Strong marketing strategies.
3. Growth forecast and research.

Exit Strategies Exit Strategies (5 – 6 years)
1. IPO
2. Merger and acquisition
Company Name Bahtera Megah
Business Address PIBU office, Block 2, 2nd floor, Sultan Tengah Road, 93050 Kuching.
Contact Person Andhie Joshua Melling
CAPITAL.MY