Small Ecommerce Website Investment Opportunity in Mumbai, India
Established | 1-5 year(s) |
Employees | 5 - 10 |
Legal Entity | Private Limited Company |
Reported Sales | Nil |
Run Rate Sales | USD 43 thousand |
EBITDA Margin | Nil |
Industries | Ecommerce Websites |
Locations | Mumbai |
Local Time | 9:09 PM Asia / Kolkata |
Listed By | Business Owner / Director |
Status | Active |
- Online jewelry shopping platform solely for selling and buying imitation jewelry.
- We help jewelry retailers and wholesalers convert their offline shops to online digital shops.
- Registered businesses are able to create an online jewelry store in just 5 minutes.
- We charge a 10% commission on retail sales and we add a 50% markup on wholesale prices and sell them.
- Third-party development with in-house maintenance of the platform.
- We just started operations and hence have not attained profitability. We will be profitable within the next 3 months.
Mission.
Converting an artificial jewelry shop into a digital shop.
Vision.
We will provide the lowest price and most affordable artificial jewelry to every corner of the India.
Objective.
Create an environment where anyone can start their artificial jewelry business with zero investment.
Marketplace with over 5,000+ imitation jewelry products. The platform has retailers, exporters, and wholesalers who deal with imitation jewelry.
Tangible assets - 3 laptops, 4 computers, and office furniture.
Intangible assets - brand name, website, 8 mobile App for android and Ios, domain, and legal entity.
Second-floor office space of 350 sq. ft. taken on rent for INR 12k per month. This is office is in the northern part of Mumbai.
- No loans taken by the business. Bootstrapped till now.
- The business has two shareholders in a 95:5% split.
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Earlier than 15 daysManager, Social Media Marketing, New Delhi, Corporate Investor / Buyer connected with the Business
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Earlier than 15 daysDirector, Electronics Manufacturer, Mumbai, Individual Investor / Buyer connected with the Business