Ecommerce Website Seeking Loan in Vadodara, India
Vadodara based ecommerce business in pre-revenue stage, seeking loan to launch website, targeting 5,000 customers.
| Established | 0-1 year(s) |
| Employees | 5 - 10 |
| Legal Entity | Private Limited Company |
| Reported Sales | Nil |
| Run Rate Sales | Nil |
| EBITDA Margin | Nil |
| Industries | Ecommerce Websites |
| Locations | Vadodara |
| Local Time | 12:02 AM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Moderately Active |
Seeking Loan
USD
44.5 thousand
for
10.0%
annual interest,
6
years
(Native Currency: INR 4,000,000)
Reason: Seeking loan for the completion of our website development and going live.
Collateral Available: USD 111 thousand
Includes physical assets worth
USD
11 thousand
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
ROC-Verification.pdf
(66.5 KB)
Business Overview
- An E-commerce business, in its pre-revenue stage, based in Vadodara.
- Our official website is under development.
- Various product categories can be listed such as - clothing, electronics, chemical products, home appliances, personal care etc.
- Sellers can list their products on the site.
- Revenue channels will be through charging the sellers for product listings and charging a commission of ~7% from the buyers on each purchase.
- We will procure the packaging materials and do the packing ourselves.
- Planning to first launch in Vadodara and then further expand to other major cities in Gujarat.
- Targeting a customer base of 5,000 for the first year with profit margins of ~5%.
- The business is registered on MCA as Gandhinagar location, but the office is located in Vadodara.
- Our official website is under development.
- Various product categories can be listed such as - clothing, electronics, chemical products, home appliances, personal care etc.
- Sellers can list their products on the site.
- Revenue channels will be through charging the sellers for product listings and charging a commission of ~7% from the buyers on each purchase.
- We will procure the packaging materials and do the packing ourselves.
- Planning to first launch in Vadodara and then further expand to other major cities in Gujarat.
- Targeting a customer base of 5,000 for the first year with profit margins of ~5%.
- The business is registered on MCA as Gandhinagar location, but the office is located in Vadodara.
Products & Services Overview
E-commerce website for various product categories such as - clothing, electronics, chemical products, home appliances, personal care etc.
Assets Overview
Physical assets include office furniture, computers, AC etc.
Facilities Overview
Rented facility located in Vadodara city.Area is 300 sq ft. Rent is INR 16k per month.
Capitalization Overview
The business funding is bootstrapped.No outstanding loans.
There are 3 directors, holding ownership % of 70/25/5.
Recent Activity
-
Earlier than 15 daysManager, Social Media Marketing, New Delhi, Corporate Investor / Buyer connected with the Business
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