Ecommerce Website Seeking Loan in Chennai, India
Newly incorporated e-commerce business that receives traffic of 2.5L users daily based in Chennai.
| Established | 1-5 year(s) |
| Employees | 10 - 50 |
| Legal Entity | Private Limited Company |
| Reported Sales | Nil |
| Run Rate Sales | USD 21 thousand |
| EBITDA Margin | 12 % |
| Industries | Ecommerce Websites |
| Locations | Chennai |
| Local Time | 6:09 PM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Moderately Active |
Seeking Loan
USD
29 thousand
for
11.0%
annual interest,
3
years
(Native Currency: INR 2,500,000)
Reason: Expand the business into next level.
Collateral Available: USD 87 thousand
Includes physical assets worth
USD
4.6 thousand
Interested to connect with advisors
Documents
Terms & Conditions
(17.1 KB)
Logo
(43.4 KB)
Certificate of Incorporation
(70.9 KB)
ROC-Verification.pdf
(66.3 KB)
Business Overview
- The website takes care of the complete e-commerce needs of the client.
- The business started its operations just a couple of months back.
- Newly incorporated with a unique payment feature for sellers on the website.
- The traffic on the website is 2.5L per day.
- We provide dedicated relationship managers to promote the product to customers through social media within 48hrs.
- We provide extensive customer care support.
- The platform received 25-30 orders in the last month.
- The promotor has 18 years of experience in the banking industry.
- We are in the process of marketing and making the brand name known by distributing pamphlets all around Chennai.
- We have 3 people in charge of marketing, 5 for support, 4 people as business development manager and account executive, and HR.
- We make money based on commission for each product sold through our website. .
- The business started its operations just a couple of months back.
- Newly incorporated with a unique payment feature for sellers on the website.
- The traffic on the website is 2.5L per day.
- We provide dedicated relationship managers to promote the product to customers through social media within 48hrs.
- We provide extensive customer care support.
- The platform received 25-30 orders in the last month.
- The promotor has 18 years of experience in the banking industry.
- We are in the process of marketing and making the brand name known by distributing pamphlets all around Chennai.
- We have 3 people in charge of marketing, 5 for support, 4 people as business development manager and account executive, and HR.
- We make money based on commission for each product sold through our website. .
Products & Services Overview
IT products, shoes, bags, e-commerce, health products, kids section, and travel booking with completely unique features, we take care of complete e-commerce business in India as well as globally.
Assets Overview
IT infrastructure and office equipment are the physical assets of the business.
Facilities Overview
650 sqft rented office in Guindy, Chennai. The rent is INR 95k.
Capitalization Overview
As of now personal funds of INR 25L have been invested in the business, There are 2 shareholders in the business with the majority shareholding of 90% held by the founder.
Recent Activity
-
Earlier than 15 daysDirector, Advertising, Chennai, Individual Investor / Buyer connected with the Business
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