Photo - TERAACT CITY PRIVATE LIMITED
59526

TERAACT CITY PRIVATE LIMITED

India
Market: Logistics and warehouses, Real estate, Building
Stage of the project: Operating business

Date of last change: 14.02.2023
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Idea

we are an e-commerce platform exclusively for the construction sector through our app we sell construction materials and services, through our APP Civil Citty.

Current Status

1. we completed our test sales successes fully with 275000 dollars in turnover within 7 months in the year 2022.
2. we have launched our final app in the play store and within 6 days we achieved 25000 dollars in revenue with 35 plus customers, 60 plus orders were 50 plus orders are successes fully satisfied with a profit of 12.5 %.
3. we have our traction for the next 5 years. we will enter B to C marketplace from 2024.
our future traction includes- real estates, interiors, professional consultancies, AI VR architecture, white-label manufacturing, investment opportunities and etc.

Problem or Opportunity

1.insufficiency of funds
2. tax problems
3. difficulty in finding trustworthy suppliers.
4. lack of technology

Solution (product or service)

1. we provide financial support with our tied up NBFC
2. we solve all tax problems
3. we provide trusted quality and quantity of
construction materials.
4. we knowledge with updated technology and networking
5. our products price is 20% cheaper than the market price.

Business model

1. our ultimate aim is to serve the B2C marketplace to achieve what we are currently performing in the B2B marketplace.
2. we are an E-commerce platform exclusively for the construction sector, we sell construction materials and services through our App.
3. we serve as an intermediary between manufacturers and builders, but we ensure that manufacturers and builders are not known to each other.
4. our current customers are builders, Contractors, engineers, and architects.
5. we have separate apps for manufacturers and transporters.
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