Biotechnology Company Seeking Loan in Pune, India

Manufactures of research-based biotech inputs for building disease resistance in plants is seeking business loan.
This Business is on a Premium Plan
Established 5-10 year(s)
Employees 10 - 50
Legal Entity Private Limited Company
Reported Sales USD 170 thousand
Run Rate Sales USD 160 thousand
EBITDA Margin 34 %
Industries Biotechnology
Locations  Pune
Local Time 2:56 PM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Seeking Loan
USD 70 thousand for 16.0% annual interest, 2 years (Native Currency: INR 5,000,000)
Reason: Quick spread at 50 hot spots for vegetable products. Timely receipt of this money will entitle us fo... View More
Collateral Available: USD 0
Includes physical assets worth USD 40 thousand
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Business Overview

- Globally unique technology under patenting.

- Promoter has 20 years experience of developing new products.

- Received grants and awards from DBT, DST, Millennium Alliance of about Rs 1 cr.

- Grew at 3X from 13-14 till 15-16. This year, the business is a little down due to erratic rains, and first pivot in vegetable market.

- However, business is cash plus and growing organic.

- 5500 clients in pomegranate and 1500 in vegetables used our products in 3 years of commercialization.

Products & Services Overview

Products that help roots, leaf, seed coat, etc.

Facilities Overview

Approx 1000 sq ft manufacturing (capability to manufacture products worth Rs 3 CR revenue. 700 Sq Ft R&D facility, 500 Sq Ft marketing office. 7 Acre field research facility, A flat for training (Pune) and stay of marketing staff (Narayangaon. All facilities are rental.

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