Drones Business Seeking Loan in Maharashtra, India

Company based in Maharashtra specializing in manufacturing agricultural drone robots seeks funds for expansion.

Established
Employees
Legal Entity
Reported Sales
Run Rate Sales USD 57 thousand
EBITDA Margin 20 %
Industries Drones
Locations  Maharashtra
Local Time 10:21 PM India
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 70 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... View More
Collateral Available: USD 0
Includes physical assets worth USD 8 thousand
Name, Phone, Email
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Business Name
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User Verification
Documents
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.

Products & Services Overview

We design and manufacture agricultural aerial vehicles such as drones for medicine and water spraying purpose.

Facilities Overview
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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