Ecommerce Website Seeking Loan in New Delhi, India

E-commerce website providing online groceries & cosmetics with 6,500 listed products seeking loan for promotions.

Established From
Employees
Legal Entity
Reported Sales
Run Rate Sales
USD 14 thousand
EBITDA Margin
20 %
Industries
Locations
Local Time
12:15 PM New Delhi
Listed By
Management Member
Status
Active
Overall Rating
Seeking Loan
USD 300 thousand for 10.0% annual interest, 2.0 years (Native Currency: INR 20,000,000)
Reason: Need investment to grow the business by adding different products and for promotions.
Collateral Available: USD 14 thousand
Includes physical assets worth USD 7 thousand
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
Business Overview

We are a groceries, beauty & wellness, household care shopping website which was launched in Sept 2018. Have tie up with a courier service to deliver all over India with cash on delivery option. We have an app ready to launch on Google Play Store. Currently we have over 6,500 products listed on our website with 30 to 40 registered sellers. There are 90 to 100 users visiting and purchasing products on our website on a daily basis. Our target is to reach 50,000 customers in the upcoming month by giving extra discounts and offers. Require loan to expand the product categories and for promotion of the business.

Products & Services Overview

We provide online services for groceries, beauty & wellness, household care with delivery options.

Facilities Overview
Recent Activity
  • Earlier than 15 days
    Sales Manager, Faridabad, Financial Advisor connected with this business
  • Earlier than 15 days
    Founder & CEO, Chennai, Financial Advisor connected with this business
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Contact 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.
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