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Ecommerce Website Seeking Loan in Paonta Sahib, India

Real estate firm that has developed an online platform connecting retailers, manufacturers, and customers is seeking funds.

Established 1-5 year(s)
Employees 2 - 5
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Ecommerce Websites
Locations  Paonta Sahib
Local Time 7:09 AM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 36 thousand for 15.0% annual interest, 3 years (Native Currency: INR 3,000,000)
Reason: To kickstart the operations, hire experienced developers and a sales team.
Collateral Available: USD 0
Name, Phone, Email
Not disclosed
Business Name
Not disclosed
User Verification
Documents
Business Overview

- Real estate firm that has developed an online platform with a mobile app to help businesses and users make a livelihood through e-commerce.

- We are an e-commerce business that would connect wholesalers, retailers, and customers.

- Currently, we are waiting to receive a few acceptances from the bank to kickstart operations.

- The mobile app is developed but currently under review.

- The app will be available on both Play Store and App Store.

- We are in talks with 2 logistic service companies to deliver goods.

- Revenue will be generated by charging subscription fees from retailers and manufacturers.

- We will have 3 plans for subscription silver, gold, and emerald.

- The charge for the silver plan will be INR 500 and will have a validity of 6 months.

- Social media marketing services will be provided thrice a week to every silver plan subscription holder.

- Promoter has been working in the real estate industry and sees potential in this field.

Products & Services Overview

Grocery, apparel, health products, beauty products vehicles, electronics goods, and other spare parts.

Assets Overview

Business does not own any physical assets.

Facilities Overview

Rented office space of 800 sqft with a monthly rent of INR 20,000.

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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