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Cosmetics Startup Seeking Loan in Samastipur, India

Startup cosmetics business in Bihar selling products D2C, seeking loan for expansion and app development.

Established 0-1 year(s)
Employees 2 - 5
Legal Entity Private Limited Company
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Cosmetics + 1 more
Locations  Samastipur
Local Time 6:33 AM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 24 thousand for 6.0% annual interest, 6 years (Native Currency: INR 2,000,000)
Reason: User is looking to expand the business and needs funding for developing a mobile application.
Collateral Available: USD 0
Includes physical assets worth USD 24 thousand
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
Business Overview

- Startup D2C cosmetics products seller based in Samastipur, Bihar.

- We are yet to start selling the products. We have currently done sample testing of our product and have received good feedback from customers.

- We source our products from a supplier in Gujarat. We are also in talks with a supplier in Delhi.

- We will be selling our products online through Amazon, Flipkart and our own app. We need funds for development of the app.

- We have outsourced packaging and labelling services.

- Proprietor has applied for trademarking the brand.

Products & Services Overview

We primarily sell cosmetic products like- shampoo, conditioner, foot cream and facewash.

Assets Overview

Our assets include a building and small amount of stock in hand.

Facilities Overview

Owned 2,000 square feet building being used as warehouse in Samastipur, Bihar.

Capitalization Overview

We are completely self-funded. Our business currently has no outstanding loans.

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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