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    Grocery Shop Seeking Loan in New Delhi, India

    E-commerce website providing online groceries & cosmetics with 6,500 listed products seeking loan for promotions.
    Established 5-10 year(s)
    Employees 10 - 50
    Legal Entity Private Limited Company
    Reported Sales Nil
    Run Rate Sales USD 11 thousand
    EBITDA Margin 20 %
    Industries Ecommerce Websites + 1 more
    Locations  New Delhi
    Local Time 2:27 AM Asia / Kolkata
    Listed By Management Member
    Status Active
    Overall Rating
    6 / 10
    Compare with industry
    Seeking Loan
    USD 240 thousand for 10.0% annual interest, 2 years (Native Currency: INR 20,000,000)
    Reason: Need investment to grow the business by adding different products and for promotions.
    Collateral Available: USD 12 thousand
    Includes physical assets worth USD 6 thousand
    Interested to connect with advisors
    Documents
    Pan (Password 08102018)
    Pan (Password 08102018) (737.1 KB)
    Registration Certificate
    Registration Certificate (527.7 KB)
    ROC-Verification.pdf
    ROC-Verification.pdf (59.8 KB)
    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

    Rented office of 750 Sq Ft in Delhi.

    Capitalization Overview
    Not Disclosed
    Recent Activity
    • Earlier than 15 days
      Sales Manager, Faridabad, Financial Advisor connected with the Business
    • Earlier than 15 days
      Founder & CEO, Chennai, M&A Advisor connected with the Business
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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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