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Automobile Parts Wholesale Startup Seeking Loan in Ranebennur, India

Invest in a pre-revenue startup selling second-hand auto parts online, targeting garages and workshops.

Established 0-1 year(s)
Employees 2 - 5
Legal Entity Private Limited Company
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Automobile Parts Wholesale + 1 more
Locations  Ranebennur
Local Time 11:36 PM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Seeking Loan
USD 57 thousand for 10.0% annual interest, 3 years (Native Currency: INR 5,000,000)
Reason: Funding is needed for market entry and to establish online sales through our own website. Operations... View More
Collateral Available: USD 0
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Business Name
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Business Overview
- Pre-revenue lucrative e-commerce automobile parts wholesale business, that will specialise in second-hand auto parts, primarily targeting garages and car workshops via a dynamic sales platform including a website and mobile app.
- The business leverages a decade of industry expertise from its promoter, ensuring robust market understanding and strategic customer outreach.
- We currently have a developed website and are in the process of integrating a payment gateway to streamline transactions and enhance user experience.
- Engaged in comprehensive market analysis, our discussions with garage owners and scrap dealers across Maharashtra, Karnataka, and Tamil Nadu underline our commitment to understanding regional demands and solidifying supply chain relationships.
- Our revenue model is strategically designed around commission-based sales and subscription fees, aligning with our aim to sustain growth and profitability.
- The business is duly registered with MCA, ensuring compliance with regulatory standards and fostering investor confidence in our operational legitimacy.
- As we seek funding in the form of equity or loans, our focus is on scaling operations and amplifying our market presence in the second-hand auto parts industry.
Products & Services Overview
The business's top-selling products will include all types of second-hand auto parts, such as sensors and engine parts for 4-wheelers and commercial vehicles.
Customers will primarily be garages and car workshops.
The products will be sold through our website and mobile app.
Assets Overview
Intangible asset: the promoter's experience in the industry.
- The website is nearly ready, with the payment gateway being integrated. Additionally, development of the mobile app has also begun.
Facilities Overview
Company is based in Karnataka. We have our own office.
Capitalization Overview
The business is still in its nascent stage with no loans. It has two shareholders, each holding equal shares.
Recent Activity
  • Earlier than 15 days
    Executive Director, New Delhi, 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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