INR 1,000,000
Target
INR 100,000,000
Pre-Money Valuation
INR 9664
CSOP Price
Open Campaign
Magic Rewards
- 1 CSOP Subscription: Win Rs. 3,000 Amazon Voucher + Rs. 2000 Flipkart Voucher
- 4 CSOP Subscription: Win Rs. 10,000 Amazon Voucher + Rs. 10,000 Flipkart Voucher
About Us
Have you ordered food through Swiggy or Zomato at comfort of your home, office? Ofcourse Yes. If you are in Big City or Prominent Areas. What if you are in a village? There is left out crowd in remote areas. CIBOEE is launched to cater them. CIBOEE will be available not only within city limit, but also to the remotest nook and corners of every village in the state. Delivery at your doorstep, wherever you order from. CIBOEE is a Restaurant aggregator & Hyper-local delivery partner for restaurants. We have tie-up with restaurants with valid agreement & restaurant menu and food store details are displayed in the Ciboee App. Customers Can browse restaurant and order items from the Ciboee App. Rest Our delivery partners will manage and food will reach customer quickly. Restaurant partners can manage orders through the Ciboee restaurant app, and customers can see the live tracking in the customers app.
Invention Story
The vision was started during Covid era, when people were loosing job and local business owners were struggling to deliver food to villages where prominent food delivery companies were not present. We were able to tackle both situation of unemployment and opportunity to deliver goods for consumers in villages. Hence, we build technology to tackling the most difficult logistic problems of delivering goods in remote corners of small villages of India and tie up local business person to launch the food delivery business in small cities. We started helping local business owners to earn, build business of their own, underemployed people to get meaningful work, affordable convenience to consumers.
Key Factors
Founder Message
Ciboee wants to connect with local business entrepreneurs, wants to empower them by giving technology advancement, new way of earning, work and thrive to success. We believe in connecting local communities through local business person and build the local network that connects people to get things in one click. We want Ciboee brand to reach remote corners of all villages in India and build the local restaurants and shops to deliver the items at ease.
Team Size
2-10
Product Range
0-50
Industry
Food and Beverages
Business Description
CIBOEE is launched to address food delivery issues. CIBOEE is hyper local food delivery app available for customers in remote areas as well. CIBOEE will be available not just within city bounds, but also to the most remote nooks and corners of every settlement in the state, taking into account different challenges encountered by both users and providers (motels and restaurants). CIBOEE also includes a B2B wholesale distribution module, which allows hotels and restaurants to buy raw supplies in bulk through CIBOEE. This feature along with the remote delivery option makes it stand out in the crowd. With the help and support of franchisees who would link up with us for the same, CIBOEE and its services will soon be available in all over India.
Market Size
$28 Billion
Market Size$8 Billion
Total Addresable Market (TAM)$15 Billion
Funding In This MarketPitch Deck
Achievement
- 3 CR GMV in Last 2 Years.1 lakh+ downloads.70% Franchises running in Profit.Revenue of 1.5 lakhs from each franchisees per Month
Future Plan
In the coming years, our future plans encompass a substantial expansion of our franchise operations, aiming to establish a strong presence in 300 cities across three states. This growth will be supported by onboarding 5000 new delivery partners, ensuring efficient and timely services. Our digital footprint is set to expand as well, with a target of achieving 20 lakh new customer downloads, contributing to a wider reach and engagement. Building customer loyalty is paramount, as we strive to elevate our repeat customer count to an impressive 70%, a testament to the quality of our offerings. Moreover, we aim to maintain a thriving business environment by maintaining an average order value of 320. Diversifying our presence, the ambitious plan of opening Ciboee Stores in 100 cities will enable us to connect with customers on a more personal level. As we expand, we envision enhancing our services and value, with the goal of achieving an average cart value of 400 per order in our Ciboee Stores, ensuring a fulfilling and satisfying experience for all our valued patrons