Tendertiger Franchise
Franchise Quick Facts
| Brand Name | Tendertiger |
|---|---|
| Industry / Business Category | IT Services / e-Procurement Solutions |
| Founded Year | 2004 |
| Franchise Started Year | 2006 |
| Total Franchise Outlets | 10–20 |
| Estimated Investment | INR 10,000 – 50,000 |
| Franchise Fee | Included in investment |
| Royalty Fee | 20% of revenue |
| Space Requirement | 100 – 300 sq.ft |
| Staff Requirement | Dependent on client volume and operational scale |
| Expected Payback Period | Less than 1 year |
1. What is Tendertiger?
Tendertiger operates in the IT services sector, providing digital procurement solutions under e-Procurement Technologies Ltd. It delivers e-Tendering, e-Auction, Reverse Auction, RFQ/RFP management, contract management, and supplier/vendor portals. The franchise targets entrepreneurs serving corporate clients, including large enterprises and government organizations, enabling them to facilitate procurement digitally.
2. The Business Concept
The franchise provides a platform for businesses to access Tendertiger’s e-Procurement tools. Franchisees act as local facilitators for companies looking to manage procurement digitally. The model allows entrepreneurs to offer tailored solutions like e-Tendering or Reverse Auctions to clients, creating a service-based revenue stream that complements traditional IT support services.
3. How the Business Operates
Franchisees interact directly with local businesses seeking digital procurement services. Operations involve client acquisition, demonstrating the platform, onboarding users, and managing software-based procurement transactions. Revenue is generated through service fees, commissions, or revenue-sharing arrangements based on client usage of Tendertiger’s platform and tools.
4. Products or Services Portfolio
| e-Tendering Platform | End-to-end tender management and tracking |
|---|---|
| RFQ / RFP Management | Request for quotation/proposal creation and evaluation |
| Reverse Auction Services | Competitive bidding facilitation for procurement |
| Forward Auction Tools | Selling goods/services via auction methods |
| Contract Management | Digitized agreements and tracking |
| Supplier/Vendor Portals | Centralized access for suppliers to interact with clients |
Franchisees can offer these tools individually or in combination based on client needs.
5. The Franchise Opportunity
Franchise partners operate as local representatives of Tendertiger:
- Engage with corporate and government clients to provide e-Procurement solutions
- Manage client onboarding, support, and platform usage
- Deliver services in line with EPTL’s standardized business processes
- Utilize marketing and operational guidance from the franchisor
- Earn recurring income via a commission or revenue-sharing model
6. Investment and Startup Requirements
| Estimated Investment | INR 10,000 – 50,000 |
|---|---|
| Franchise Fee | Included in investment |
| Setup Costs | Office space, basic IT infrastructure, marketing materials, client engagement tools |
| Royalty / Commission | 20% of revenue earned from services provided |
7. Outlet Setup and Infrastructure
| Space Requirement | 100–300 sq.ft for administrative operations and client engagement |
|---|---|
| Location Preferences | Office or commercial area with connectivity to corporate clients |
| Equipment Needs | Computers, internet access, demonstration tools, and minimal office furniture |
| Staffing Considerations | Dependent on client load; can start as a one-person operation in small setups |
8. Franchise Support and Training
- Initial and ongoing training in platform use and sales
- Marketing and advertising guidance to attract local clients
- Technical support and troubleshooting for software issues
- Business development advice to expand client base
- Access to proven business processes and operational manuals
9. Revenue Model and Profit Considerations
| Revenue Sources | Commissions from client usage, recurring service fees |
|---|---|
| Demand Drivers | Increasing adoption of digital procurement by corporations and government agencies |
| Repeat Business | High, due to annual and project-based procurement cycles |
| Operational Costs | Office rent, minimal staffing, marketing, and IT setup |
| Expected Payback Period | Less than 1 year based on client adoption |
10. Brand Background and Growth
| Established Year | 2004 |
|---|---|
| Franchise Commenced | 2006 |
| Franchise Network Size | 10–20 outlets |
| Geographic Presence | Across India |
| Expansion Plans | Growing presence through franchise partnerships in urban and semi-urban markets, targeting corporate and government procurement sectors |
11. Key Advantages of the Franchise
- Access to India’s largest tender portal (TenderTiger)
- Proven, ISO/IEC 27001 certified e-Procurement platform
- Low initial investment with high ROI potential
- Ongoing support in operations, marketing, and client acquisition
- Opportunity in a rapidly digitizing procurement sector
12. Who Should Consider This Franchise
- Entrepreneurs seeking low-cost, service-oriented business opportunities
- Individuals with interest in IT solutions and corporate services
- First-time business owners aiming for recurring revenue streams
- Investors targeting fast-growing digital procurement markets
14. Similar Franchise Opportunities
- IndiaMART Franchise – B2B marketplace for businesses and suppliers
- Udaan Partner Program – E-commerce and wholesale distribution support
- TradeIndia Franchise – Digital B2B marketing and e-Procurement solutions
- Bizongo Channel Partner – Digital supply chain and procurement services
These franchises provide comparable business opportunities in digital procurement and B2B services.
Q1: What is the investment required for Tendertiger franchise?
The total investment ranges between INR 10,000 and 50,000, covering franchise access, setup, and initial operational costs.
Q2: How does the franchise business operate?
Franchisees engage with local companies to provide e-Procurement tools, manage client onboarding, and facilitate digital tender and auction processes.
Q3: What space is required to start the franchise?
A small office or commercial space of 100–300 sq.ft is sufficient to manage administrative and client-facing operations.
Q4: How long does it take to recover the investment?
Payback is typically under 1 year, depending on client acquisition and usage of the e-Procurement tools.
Q5: How can investors apply for the franchise?
Prospective franchisees contact EPTL, submit an application, and receive guidance on onboarding, operations, and marketing to start providing TenderTiger services locally. ## 14. Similar Franchise Opportunities
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