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Agriculture Support Company Seeking Loan in Bangalore, India

Business focused on rural retail & agriculture space seeking funds for PAN India expansion.

Established 5-10 year(s)
Employees 5 - 10
Legal Entity Private Limited Company
Reported Sales USD 60 - 70 thousand
Run Rate Sales USD 65 thousand
EBITDA Margin 10 - 20 %
Industries Agriculture Support
Locations  Bangalore
Local Time 4:25 AM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 90 thousand for 12.0% annual interest, 3 years (Native Currency: INR 7,000,000)
Reason: The business needs funds for promotion and marketing as a business expansion plan along with partial... View More
Collateral Available: USD 130 thousand
Includes physical assets worth USD 7 thousand
Interested to connect with advisors
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Business Overview

- The company is mainly into the rural retail and agriculture space, serving our consumers on their ongoing purchase and sell requirements.

- Act as an extended arm for other businesses in our segment, willing to establish their reach to the untapped (rather less competitive) rural market.

- Our business model is a bit unique and no competition since the start.

- Our main operation is based out of Tiruchirappalli, Tamil Nadu.

- Currently fulfilling our customer needs of groceries, fruits & vegetables, home essentials products, and other services, like recharge, payments, booking, courier, etc.

- Traditionally rural consumers depend on nearby satellite towns for their ongoing purchase requirements, for the benefit of competitive price, product quality, and choice of selection. Our focus is to meet these expectations with the added convenience at their doorsteps.

- We cover 25 villages serving roughly 200 customers on regular basis.

- Seeking funds for promotional and marketing activities, and strengthening the operational infrastructure and human resources.

- The goal is to hit the short-term revenue mark in the next 3 months and fast forward the growth region-wise, state-wise to reach the PAN India mark.

- Short-term and long-term revenue mark numbers depend on the investor/lender comfort and choice.

- We have a property worth INR 1 cr to provide as collateral.

- There is a slight dip in the sales due to lack of promotion and marketing.

Products & Services Overview

1. Consumer Connect:

- Groceries & Home Essentials.

- Services like bill payments, booking, recharge, ATM cash, courier, etc.

2. Farmer Connect:

- Agriculture inputs: seeds, fertilizers & pesticides, tools, etc.

- Animal feeds, nutrients, etc.

- Agriculture produce marketing.

- Services like insurance, microfinance, quality benchmarking, etc.

3. Business Connect:

- We reach for the above segment businesses.

- Rural marketing.

- Franchise.

- Micro warehousing.

Assets Overview

The company owns intangible assets like:

- Trade mark.

- ROC.

- GST.

- Customer base.

- Website.

Facilities Overview

Rental building as an office as well as a mini-warehouse along with a leased delivery vehicle.

Recent Activity
  • 2 weeks, 1 day ago
    MD, Bangalore, Financial Consultant connected with the Business
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Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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