↩ Go Back
Need help?

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 46 thousand
Run Rate Sales USD 50 thousand
EBITDA Margin 20 %
Industries Drones
Locations  Maharashtra
Local Time 8:42 AM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 60 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 7 thousand
Name, Phone, Email
Available after connect
Business Name
Available after connect
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

Have a manufacturing plant and 2 corporate offices cum service centres. All facilities are on rent.

Capitalization Overview
Not Disclosed
Recent Activity
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. Note that SMERGERS is not liable for any loss, damage, costs, claims and expenses whatsoever arising from transacting with any other user from the website. The final responsibility of conducting a thorough due diligence and taking the transaction forward lies with the users. Please read best practices on SMERGERS.
Contact Business

730 Investors viewed this Business.
Register below to connect now!

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.
You might also be interested in these businesses

    Frequently
    Asked
    Questions

    • Why can’t I see the business’ name or contact number? How do I contact the business?
    • What level of due diligence does SMERGERS conduct on the businesses/member?
    • How active are the business profiles listed on SMERGERS?
    • How does SMERGERS rate business profiles?
    • Do I need to pay to connect with a business?
    • Show more