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    Grocery Shop Seeking Loan in Sonipat, India

    Newly established company providing an online platform for household products, currently having 20 vendors on-board.
    Established 5-10 year(s)
    Employees 10 - 50
    Legal Entity Private Limited Company
    Reported Sales Nil
    Run Rate Sales Nil
    EBITDA Margin Nil
    Industries Ecommerce Websites + 1 more
    Locations  Sonipat
    Local Time 12:25 AM Asia / Kolkata
    Listed By Business Owner / Director
    Status Active
    Overall Rating
    7.1 / 10
    Compare with industry
    Seeking Loan
    USD 80 thousand for 11.0% annual interest, 5 years (Native Currency: INR 7,000,000)
    Reason: For marketing of our business.
    Collateral Available: USD 0
    Name, Phone, Email
    Available after connect
    Business Name
    Not disclosed
    User Verification
    Documents
    Domain-Verification.pdf
    Domain-Verification.pdf (213.0 KB)
    ROC-Verification.pdf
    ROC-Verification.pdf (59.4 KB)
    Business Overview

    - January 2018 established company providing an eCommerce platform providing groceries, packaged foods, personal care products.

    - Currently we have 20 vendors who will be listing their products on our platform.

    - The platform is completely ready and we have already done a soft launch. Officially we are launching it in the second week of March, 2018.

    - Company will monetise the platform in form of commission charged to these vendors.

    - The commission rate will vary from 10% to 30% depending upon the product.

    - We have a team of 20 members including delivery team, back-end team for support, designing and the marketing team.

    - Promoter has 5 years of marketing experience.

    Products & Services Overview

    Groceries, personal care products, snacks and packaged foods.

    Facilities Overview

    Office of 260 Sq Ft on rent.

    Capitalization Overview
    Not Disclosed
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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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