Business Overview
- We have a client database of over 1 lakh active customers.
- Currently doing more than 100 orders per day.
- Same-day (prime) delivery in 4 cities.
- Strong marketing and content team.
- Close to 1.5 lakh visits to our website every month.
- Exceptional return rate of less than 2%.
- 4.5-star rating across all marketplaces.
- Business is registered in New Delhi, but the office is in Noida.
Products & Services Overview
Leading E-commerce brand wishes to enter into luggage and travel accessories.
Currently, we sell car & bike accessories such as covers, mats, bags, pillows, bean bags, etc.
Capitalization Overview
Family-run business.
Invested capital and unsecured loan of INR 1,45,90,000.
Loans from banks and financial institutions.
Mahindra and Mahindra - INR 22,30,000.
Growth Source - INR 11,90,000.
IIFL - INR 12,26,000.
Moneywise - INR 8,50,000.
Ambit Finance- INR 14,20,000.
Aditya Birla - INR 13,00,000.
Rivera - INR 12,60,000.
Rivera OD - INR 10,00,000.
The business has 5 shareholders with 52%, 27.38%, and 15%, and the rest is equally split between 2 shareholders.
Assets Overview
Physical assets majorly include an inventory of goods.
Intangible assets include social media pages, all marketplace web accounts with account managers & website with top rank.
Partial Stake Sale
USD
350 thousand
for
21.0%
stake
(Native Currency: INR 28,800,000)
Reason:
The investment is required to rapidly grow in a multi-billion dollar luggage and travel accessories ...
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Includes physical assets worth
USD
120 thousand
In talks with 3 Investors
Contact Business