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    Application Software Company Seeking Loan in Lucknow, India

    Company has developed an e-commerce distribution channel that allows resellers to sell products via our application.
    This transaction has concluded.
    Established 5-10 year(s)
    Employees 5 - 10
    Legal Entity Private Limited Company
    Reported Sales Nil
    Run Rate Sales Nil
    EBITDA Margin Nil
    Industries Application Software + 1 more
    Locations  Lucknow
    Local Time 12:48 PM Asia / Kolkata
    Listed By Business Owner / Director
    Status Active
    Overall Rating
    6.4 / 10
    Compare with industry
    Seeking Loan
    USD 10 thousand for 10.0% annual interest, 5 years (Native Currency: INR 800,000)
    Reason: We need funding for infrastructure development, recruit team members, payroll, marketing and promoti... View More
    Collateral Available: USD 12 thousand
    Includes physical assets worth USD 300
    Interested to connect with advisors
    Documents
    ROC-Verification.pdf
    ROC-Verification.pdf (59.3 KB)
    Business Overview

    - Company has made its own android e-commerce application which enables its registered network partner / re-sellers to re-sell the listed products via our application.

    - Our Android app will be launched this month.

    - We already have 100 re-sellers registered with us.

    - Business will generate revenue through sales commission for each product sold on our app and also through advertising.

    - Our assets include website, app, vendor list and office equipment.

    - As of now we are depending on a third party software development company but we want to build our own team of software engineers. This would allow us to provide instant support to our customers.

    - Promoter has more than 3 years of experience in IT industry.

    Products & Services Overview

    Fashion Products, Home Decor, Accessories, Intimation Jewellery.

    Facilities Overview

    We have rented office located in Lucknow. Planning to move into a larger space.

    Capitalization Overview
    Not Disclosed
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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. Note that SMERGERS is not liable for any loss, damage, costs, claims and expenses whatsoever arising from transacting with any other user from the website. The final responsibility of conducting a thorough due diligence and taking the transaction forward lies with the users. Please read best practices on SMERGERS.
    This transaction has concluded. View similar business opportunities on SMERGERS
    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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