Fretch cover feature

Fretch

Ethnic groceries delivered right to your door
$96,858 Raised
Ended May 1st
260 Investors
Deal highlights
Grocery delivery for ethnic communities in the US
Currently serving the South Asian community (Indian, Pakistani, Bangladeshi), and planning to serve the Chinese, Korean, Filipino, Latino, Greek, Middle Eastern and other communities soon
Market of an estimated 81 million diverse customers, with a market size between $65 and $100 billion annually
25,000 orders delivered to 5,000 unique customers
$1.1 million annual revenue run rate
70.2% repeat customer rate
Month-over-month cash flow positive
Key...
Learn more about this company

Company Details

Location
New York, NY
Founded
2014
Employees
0

Key Team Members

Naresh Mulchandani
Manager

Financials

Most recent Fiscal Year

Income Statement

Revenue
67%
$611,780
Cost of Goods Sold
54%
$461,929
Gross Profit
130%
$149,851
Taxes
$0
Net Income
203%
$59,135

Balance Sheet

Total Assets
376%
$126,690
Cash
43%
$22,069
Accounts Receivable
$0
Short Term Debt
71%
$40,307
Long Term Debt
$0

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