Drones Business Seeking Loan in Vijayawada, India
Company is involved in manufacturing of Agriculture and Coconut Harvesting Drones based out of Vijayawada.
This transaction has concluded.
| Established | 5-10 year(s) |
| Employees | 2 - 5 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | USD 30 - 40 thousand |
| Run Rate Sales | USD 55 thousand |
| EBITDA Margin | 20 % |
| Industries | Drones |
| Locations | Vijayawada |
| Local Time | 7:35 PM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Active |
Seeking Loan
USD
11.4 thousand
for
15.0%
annual interest,
3
years
(Native Currency: INR 1,000,000)
Reason: I want to expand my business and to provide drone solutions for every farmer.
Collateral Available: USD 0
Includes physical assets worth
USD
6.8 thousand
Interested to connect with advisors
Documents
Company Registration
(864.9 KB)
Business Overview
- Our company is involved in various Drone services including Agriculture, Photography, Surveying.
- For our drone manufacturing division, we obtain the drone parts from various suppliers based in Japan and China, assemble the drones ourselves.
- The drones are primarily used for photography in big events.
- Our new invention which is a Coconut Harvesting Drones.
- We provide after sales service of 3 years.
- Promoter has an experience of 5 years in this field.
- For our drone manufacturing division, we obtain the drone parts from various suppliers based in Japan and China, assemble the drones ourselves.
- The drones are primarily used for photography in big events.
- Our new invention which is a Coconut Harvesting Drones.
- We provide after sales service of 3 years.
- Promoter has an experience of 5 years in this field.
Products & Services Overview
Photography Drones, Agriculture Drones, Coconut Harvesting Drone, Fire fighting Drone.
Facilities Overview
Office space of 500 Sq Ft, on lease.
Capitalization Overview
Not Disclosed
Recent Activity
-
Earlier than 15 daysMD, Textile, Vijayawada, Corporate Investor / Buyer connected with the Business
-
Earlier than 15 daysCEO, Market Intelligence, Vijayawada, Corporate Investor / Buyer connected with the Business
-
Earlier than 15 daysTechnical Partner, EduTech, Richardson, Individual Investor / Buyer connected with the Business
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.
