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Ecommerce Website Seeking Loan in Kochi, India

E-commerce platform with a different concept of distributed operation seeks funds to generate revenue.

Established 1-5 year(s)
Employees 10 - 50
Legal Entity Private Limited Company
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Ecommerce Websites
Locations  Kochi
Local Time 4:56 AM Asia / Kolkata
Listed By Management Member
Status Moderately Active
Overall Rating
Seeking Loan
USD 300 thousand for 20.0% annual interest, 2 years (Native Currency: INR 25,000,000)
Reason: - To start the operations, for marketing and expansion across India. - Promoter is also open for in... View More
Collateral Available: USD 0
Includes physical assets worth USD 6 thousand
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
Business Overview

- Start-up E-commerce company in Kochi, Kerala has developed a unique platform successfully incorporated more than 400 franchisees across Kerala. Each franchise partner will look after buyers and sellers in their geographical area.

- We offer complete IT support, marketing, branding, and back end support to the franchise partners.

- It took 1 year to research the market and develop the product in-house.

- Have seen an overall growth of 500% in getting franchise partners.

- Business has relationships with different companies for IT infrastructure development and digitalize the physical retail business.

- Will soon expand the business across India using the same business model.

- In talks with a brand ambassador to start the marketing activities.

- Revenue would be generated from royalties, commissions and logistics.

Products & Services Overview

Localized E-Commerce platform to sell products in fashion, home furniture, health & personal care, groceries & essentials, fruits & vegetables, fish & meat, stationery, electronics.

Assets Overview

Physical assets include office furniture and laptops.

Our main asset is the online E-Commerce platform. Have spent more than INR 50 lakh to develop the platform and advertisement.

Facilities Overview

Rented space with a 2,000 sq. ft. fully furnished carpet area.

Capitalization Overview
Not Disclosed
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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