Ecommerce Website Seeking Loan in Wardha, India
Strategic debt funding needed to enhance marketing efforts of a Wardha-based quick commerce company.
| Established | 0-1 year(s) |
| Employees | 5 - 10 |
| Legal Entity | Private Limited Company |
| Reported Sales | USD 580 |
| Run Rate Sales | USD 1.39 thousand |
| EBITDA Margin | Nil |
| Industries | Ecommerce Websites + 1 more |
| Locations | Wardha |
| Local Time | 10:42 AM Asia / Kolkata |
| Listed By | Management Member |
| Status | Moderately Active |
Seeking Loan
USD
23 thousand
for
10.0%
annual interest,
5
years
(Native Currency: INR 2,000,000)
Reason: Seeking investment to enhance marketing efforts and improve our website. We have not thought of conc...
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Collateral Available: USD 0
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Business Name
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Business Overview
- Quick commerce business based in Wardha, operational for 1 year, and managed by 3 directors.
- It caters mainly to offline Gen Z customers through an e-commerce website offering a wide range of quality products delivered in 10 minutes.
- The business stands out by enabling offline vendors to transition digitally, supporting India's "Digital First" initiative.
- We charge a 10-30% commission from the vendor depending on the product category.
- Products are delivered by local delivery partners who use a partner app.
- Require a team of 6 right now for tech development.
- Business has a certificate of incorporation.
- It caters mainly to offline Gen Z customers through an e-commerce website offering a wide range of quality products delivered in 10 minutes.
- The business stands out by enabling offline vendors to transition digitally, supporting India's "Digital First" initiative.
- We charge a 10-30% commission from the vendor depending on the product category.
- Products are delivered by local delivery partners who use a partner app.
- Require a team of 6 right now for tech development.
- Business has a certificate of incorporation.
Products & Services Overview
Wide range of quality products for offline Gen Z customers. Top selling category is food and grocery. We are serving the cities of Wardha, Amravati, and some parts of Noida, Chandigarh, and Bangalore.
Assets Overview
The business does not own any tangible assets. The intangibles include legal entity and website.
Facilities Overview
We operate from a rented office in Wardha.
Capitalization Overview
- No outstanding loans, we have used personal savings to run this business.- The private limited entity has 3 shareholders.
Tags:
Online Marketplace Startup Seeking Loan in Wardha, India
·Lend to Online Marketplace Startup in Wardha, India
·Ecommerce Website Seeking Loan in Wardha, India
·Lend to Ecommerce Website in Wardha, India
·Online Marketplace Startup Seeking Loan
·Lend to Online Marketplace Startup
·Ecommerce Website Seeking Loan
·Lend to Ecommerce Website
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