Bookxchange.in, seeking for a partner to invest into our business forcasting opprtunity worth 400-450MN dollar
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What is your idea / business and to whom is it addressed?
It's a book exchange platform that enables book lovers to exchange their well read books for new titles by paying only for shipping
How should the idea/business earn money?
The business makes money by having a small mark up on shipping for packing and convenience- for e.g : we would make approximately $2 / airway bill. India?s book publishing market is over usd 20billion. If you were to consider an addressable market of 250 MN households in India having an average of 4 books to exchange each, we are looking at over a billion books to be exchanged. If we look at an average of 4 books per air way bill we are looking at a USD 400-450 MN dollar opportunity.
At what stage is the idea / business at the moment?
We are in the process of scaling up our business. Platform along with the mobile app is ready.
What do you need?
We are looking for a partner to invest into our business - travel with us in this growth journey and help us scale for mutual benefit.