Lunchwale

Lunchwale

Corporate Lunch Service

Print
Security Type
Equity
Categories
Service Businesses
Min Investment
$250
Location
Frisco, TX
Offering Date
June 18, 2020
Expected Close Date
October 26, 2020
Target Raise
$25.00K-$1.07M
Deal Notes

Price per Share: $0.06

Valuation
$7,500,000

Company Description

Lunchwale is not just a catchy name, it's a brand with a purpose. Lunchwale means 'The Lunch People'. Lunchwale offers delicious, affordable branded lunches delivered free of charge at the door, its a boon to the working community.

Perks

$250 (Only 50 Packages Offered): 1. Equity2.5 The first 50 investors investing $250 and above will get: 1. A $5 gift card of a popular chain store/online store.
$500 (Only 50 Packages Offered): 1. Equity5 The first 50 investors investing $500 and above will get: 1. A $7.5 gift card of a popular chain store/online store.
$1,000 (Only 50 Packages Offered): 1. Equity 10 The first 50 investors investing $1000 and above will get: 1. A $10 gift card of a popular chain store/online store.

Key Deal Facts

Lunchwale is a profitmaking company. The unique feature of Lunchwale business is, it's always zero accounts receivable & zero inventories, profits are mostly REAL CASH.
A provisional PATENT Application is filed with USPTO to protect Lunchwale's unique business model, order & delivery process. Lunchwale has the First-Mover-Advantage.
Lunch at work for $4.99 only, for a full meal, free delivery, no tips. it's straight & simple to understand, it's no rocket science. No serious competition in the Preset Meals.
Eco friendly, 1 Lunchwale car can deliver up to 150 lunches at different locations (150 people), conventionally, it may take approx 50+ cars to deliver 150 ala carte lunches.
The Corporate Lunch market is huge, currently, key food delivery players like Doordash, Uber Eats, Foodsby, etc., are in the market rendering pick N drop service.

Management Team / Advisory Board Bios

Gopi Kantamneni - CEO & Founder
Gopi Kantamneni has a passion for sales & innovative marketing, his previous work outings have provided with an extensive experience in sales and marketing with a focus in public relations. He is looking to leverage this background into Lunchwale, his greatest strengths are his energetic disposition and "can-do" attitude that infects those around him. These qualities have served him well while spearheading various sales teams over the years.

Aishwarya Kantamneni - CFO & Co-Founder
Aishwarya Kantamneni is our co-founder. Blessed with an eye for details, Aishwarya leveraged her "needle in a haystack" personality and directed her passion for numbers and data crunching into finance and commerce, eventually earning a certificate in fin-tech from Wharton Business School.

Asha Kantamneni - Chief Kitchen Officer & Co=Founder
Asha Chowdary has always had an affinity for the preparation of food and has earned a well-deserved reputation for winning over hearts through stomachs. The culinary skills she's developed over the years make her particularly valuable when designing the ideal meal combinations thus proving to be an asset to the company.

Deal Notes

Price per Share: $0.06

Amount Raised : $0
Reveal the Score by Voting
_
Additional ratings from other users are needed to determine a viable CrowdScore for this deal.
The "CrowdScore" for this deal is determined by user ratings and other factors using our proprietary algorithm.
The overall viability and scalability of the business concept as well as the ability to drive the concept to profitability over time.
Business Idea
The progress made thus far in demonstrating that the business has viability, a customer base or other business traction.
Business Traction
The experience of the management team in running, scaling and/or exiting a business that required similar skills to execute the business plan.
Management Team
The value of the company compared to similar companies raising money from investors.
Valuation

Security Description

Equity is a stock or any other security representing a direct ownership interest.

Research Reports

No reports have been submitted

Become a Reporter

0 Comments