Apparel and Accessories Business Seeking Loan in New Delhi, India

Newly established company providing a platform to rent fashionable attire.

Established 1-5 year(s)
Employees 10 - 50
Legal Entity General Partnership
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Apparel and Accessories + 1 more
Locations  New Delhi
Local Time 11:10 PM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Seeking Loan
USD 70 thousand for 10.0% annual interest, 5 years (Native Currency: INR 5,000,000)
Reason: We want the investment amount to buy more and bring our cost down and we are also planning to buy a ... View More
Collateral Available: USD 0
Includes physical assets worth USD 80 thousand
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Business Name
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Business Overview

- Newly established company providing a platform to rent outfits.

- We have collaborated with 11 designers and we pay them a commission. This commission percentage varies from designer to designer.

- We launched our website recently and in a week we have seen 15K visitors and we have a conversion ratio of 20%.

- Currently we are focusing on social media marketing to promote the brand name.

- We take care of other operations like dry cleaning and maintenance of the outfits and for logistics we have tied up with a few courier services.

Products & Services Overview

Fashion rental platform.

Facilities Overview

Warehouse of 1,800 Sq Ft owned by the company.

Recent Activity
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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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