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Digital Marketing Company Seeking Loan in Kochi, India

IT company with 250+ clients has recently launched an art portal with 3,500 artists registered.

Established 1-5 year(s)
Employees 10 - 50
Legal Entity Private Limited Company
Reported Sales USD 90 thousand
Run Rate Sales USD 110 thousand
EBITDA Margin 30 %
Industries Digital Marketing + 1 more
Locations  Kochi
Local Time 5:08 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 33 thousand for 10.0% annual interest, 5 years (Native Currency: INR 2,500,000)
Reason: To further develop and promote the art portal.
Collateral Available: USD 33 thousand
Includes physical assets worth USD 20 thousand
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Business Name
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Business Overview

- IT sector company offering web development services and digital marketing services. Have launched an online platform for artists recently. Seeking a loan to further develop and promote the platform.

- Have 250+ active clients currently out of which 50-60 clients are for digital marketing. Our digital marketing clients provide us with recurring revenue. We have developed over 500+ websites till date.

- Have registered over 2,500 artists on the portal since the last 2-3 months. The subscription fees are INR 3,000/annually.

- Our art portal promotes local artists by providing them with a platform where they can display and sell their art. We have sold over 5 paintings through the portal till date. Unregistered artists must pay a 20% commission on the paintings that are sold through the portal.

- Additionally, we also host online art competitions. Have hosted 3-4 competitions till date. The event prizes are sponsored by different brands. We have had 4 brands sponsoring our art competitions so far.

- We have also started offering drawing and photography classes through the portal. Have hired 4 trainers currently. We have registered over 18 students with each student paying INR 250 per course.

- Promoters have over 10 years of experience in the IT industry.

Products & Services Overview

Engaged in website development and digital marketing. Have developed an art portal recently.

Assets Overview

The interiors and furnishings of the office space including computer systems.

Facilities Overview

We have a 1,300 square feet office space on rent. We pay INR 30,000/monthly.

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