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Ecommerce Website Seeking Loan in Pune, India

Business launching an Ecommerce platform for selling garments & electronic products, seeks funding to stock products.

Established 1-5 year(s)
Employees 2 - 5
Legal Entity Private Limited Company
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Ecommerce Websites
Locations  Pune
Local Time 12:03 AM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Seeking Loan
USD 11.7 thousand for 10.0% annual interest, 2 years (Native Currency: INR 1,000,000)
Reason: Need funds to stock more garments and purchase electronic products from vendors.
Collateral Available: USD 1.17 thousand
Includes physical assets worth USD 1.17 thousand
Interested to connect with advisors
Name, Phone, Email
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Business Name
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User Verification
Documents
Business Overview
- Newly established Ecommerce business for selling garments and electronic products.
- We procure products from local suppliers and will be selling them through our portal. Have 3 suppliers for garments and have received a quotation for procuring the electronic products.
- Our objective is to offer products at an affordable price along with quality and serve customers all over India.
- Development of the platform is complete and we are looking to launch the portal within a month with attractive offers.
- Have tied up with a delivery partner for delivering orders across India.
- We are seeking funds to stock more garments and purchase electronic products.
- Business was registered with an address in Hooghly, West Bengal, but operations are in Pune.
- Since the business is run completely online, we do not have any physical assets. We have stock worth INR 1 lakh.
Products & Services Overview
Ecommerce portal for garments - men & women's fashion, and electronic products.
Facilities Overview
We do not have a physical presence at the moment. Our employees work remotely.
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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