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Ecommerce Website Seeking Loan in Salem, India

B2B paint listing platform with a database of 42k vendors seeks funds.

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  Salem
Local Time 3:33 AM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 116 thousand for 15.0% annual interest, 3 years (Native Currency: INR 10,000,000)
Reason: Require funds for marketing and branding.
Collateral Available: USD 0
Includes physical assets worth USD 23 thousand
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
Business Overview
- B2B paints and painting equipment listing platform connecting vendors, manufacturers, dealers, and contractors.
- Focus on paint, painting equipment, and ancillary services.
- We're in the process of transitioning from a sole proprietorship to a private limited company. Last year, the sole proprietorship business generated revenue close to INR 30 lakhs. The company operates in the B2B paint and equipment space.
- Revenue streams include subscription fees, transportation services, and tool rentals.
- Extensive industry experience: 10 years in business, a family legacy of 80 years in the paint space.
- Database includes 40,000 contractors and 2,000 dealers.
- Company has a valid GST and incorporation certificate.
- Revenue generation is set to commence soon.
- Recognized as a startup with certification from Startup India.
Products & Services Overview
B2B paints and painting equipment listing platform connecting vendors, manufacturers, dealers, and contractors.
Assets Overview
Assets include:
Furniture, fixtures, equipment and laptops.
Facilities Overview
Sq ft area is 500.
Lease payment is INR 7 lakhs fully paid for 3 years, of which 2 years are remaining.
Locality is Fairlands, Salem.
Capitalization Overview
There are 2 shareholders.
No loans or debts.
Self funded business.
Recent Activity
  • Earlier than 15 days
    Individual Advisor, Chennai, Financial Consultant 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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