Drones Business Seeking Loan in Maharashtra, India
Company based in Maharashtra specializing in manufacturing agricultural drone robots seeks funds for expansion.
| Established | 5-10 year(s) |
| Employees | 5 - 10 |
| Legal Entity | Limited Liability Partnership (LLP) |
| Reported Sales | USD 43 thousand |
| Run Rate Sales | USD 47 thousand |
| EBITDA Margin | 20 % |
| Industries | Drones |
| Locations | Maharashtra |
| Local Time | 1:18 PM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Active |
Seeking Loan
USD
56 thousand
for
11.0%
annual interest,
5
years
(Native Currency: INR 5,000,000)
Reason: Set up a new manufacturing facility, purchase more raw materials, for marketing and to sell the prod...
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Collateral Available: USD 0
Includes physical assets worth
USD
6.8 thousand
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
ROC-Verification.pdf
(59.5 KB)
Business Overview
- A drone manufacturing company with a manufacturing facility and 2 offices.
- We have been working on the much-needed agriculture techno-innovations for a couple of years. By doing sincere hard work, we have successfully developed 2 spraying drone models.
- We are a team of techno-savvy engineers, all of us are from the farmer's family. Our mission is to bring technological innovations for Indian farmers.
- We have applied patents for our drone designs.
- Over the last 2 years, we have sold 15-18 big drones and 20-22 small drones to the Govt agencies.
- We have tender from an agricultural university in Rahuri to develop more drones for them.
- We purchase spare parts from different vendors and assemble at our facility.
- Each drone cost between INR 1 to 6 lakh depending on the model.
- Planning to import spare parts from Germany, China and South Korea to reduce the cost.
- Business owns the equipment, furniture, spare parts, computers and website.
- We have been working on the much-needed agriculture techno-innovations for a couple of years. By doing sincere hard work, we have successfully developed 2 spraying drone models.
- We are a team of techno-savvy engineers, all of us are from the farmer's family. Our mission is to bring technological innovations for Indian farmers.
- We have applied patents for our drone designs.
- Over the last 2 years, we have sold 15-18 big drones and 20-22 small drones to the Govt agencies.
- We have tender from an agricultural university in Rahuri to develop more drones for them.
- We purchase spare parts from different vendors and assemble at our facility.
- Each drone cost between INR 1 to 6 lakh depending on the model.
- Planning to import spare parts from Germany, China and South Korea to reduce the cost.
- Business owns the equipment, furniture, spare parts, computers and website.
Products & Services Overview
We design and manufacture agricultural aerial vehicles such as drones for medicine and water spraying purpose.
Facilities Overview
Have a manufacturing plant and 2 corporate offices cum service centres. All facilities are on rent.
Capitalization Overview
Not Disclosed
Recent Activity
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Earlier than 15 daysOwner, VC, Investment, Engineering, Design, Research & Manufacturing, Northvale, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysMotor And Consulting Engineer, Motor Vehicle Parts Manufacturer, Pune, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysManaging Director, Technology, Pune, Individual Investor / Buyer connected with the Business
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