Post on Medial

LIKHITH

Stealth • 6m

Welcome to STARTUP TALES ! Ep=2(Scrap bazar) ●Intro: A 22 year old boy named Kamalesh made a Kabadiwala startup which makes 5 lakh+ per month. ●Business model: It collects scrap from households and sells it to scrap buyers.Essentially, anyone could order a scrap pickup, and a person will pick it up from your home at an appointed hour and pay you a competative price. ●Numbers: Growth rate = 20% Customer retention = 80% Market size = 22 billion What do you guys think? Like and follow for more :)

15 replies21 likes

Replies (15)

Havish Gupta

Stealth • 6m

This is that shark tank one?

2 replies2 likes

Anonymous 3

Stealth • 6m

My only concern would be the wafer-thin margins in this business. They must be highly operationally efficient to make 5L/month sustainably after procurement, logistics and other costs.

1 replies

Jaswanth Jegan

Stealth • 6m

Wow🔥

1 replies

Anonymous 2
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udaan.com • 6m

The numbers look really promising too - 20% growth and 80% retention is impressive for such a nascent startup operating in this space

2 replies

Anonymous 1

Stealth • 6m

Brilliant idea to disrupt the unorganized scrap collection sector! Formalizing the supply chain and making it convenient for households is a much-needed solution.

1 replies

LIKHITH

Stealth • 6m

If I'm not wrong ,I saw similar idea in pitchers program. So, if any of you guys know him/her pls forward it to them as this may help them.

1 replies

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