Employment Services Company Seeking Loan in Mysore, India
Staffing service and BPO company looking to raise funds for their upcoming central government projects.
| Established | 10-20 year(s) |
| Employees | 10 - 50 |
| Legal Entity | Private Limited Company |
| Reported Sales | USD 94 thousand |
| Run Rate Sales | USD 100 thousand |
| EBITDA Margin | 15 % |
| Industries | Employment Services |
| Locations | Mysore |
| Local Time | 6:16 PM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Moderately Active |
Seeking Loan
USD
23.6 thousand
for
12.0%
annual interest,
2
years
(Native Currency: INR 2,000,000)
Reason: Infrastructure, staffing and operations cost for 6 months.
Collateral Available: USD 0
Includes physical assets worth
USD
17.7 thousand
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
ROC-Verification.pdf
(59.6 KB)
Business Overview
- We provide manpower and staffing services for skilled and unskilled labor. We also facilitate staffing solutions for central government projects.
- Company was operational as a proprietary firm in 2013 and now we have registered as a private limited firm.
- Have received work orders for two central government projects which require funds for covering infrastructure and operational costs.
- First project is for developing a job portal for government's IT department and second project is to create an online platform for legal documents, which users can download for a fee. These platforms will facilitate companies which are directly working under government's IT department. We will get paid on transaction basis which is yet to be finalized.
- Company was operational as a proprietary firm in 2013 and now we have registered as a private limited firm.
- Have received work orders for two central government projects which require funds for covering infrastructure and operational costs.
- First project is for developing a job portal for government's IT department and second project is to create an online platform for legal documents, which users can download for a fee. These platforms will facilitate companies which are directly working under government's IT department. We will get paid on transaction basis which is yet to be finalized.
Products & Services Overview
- Staffing and manpower services.- Software development, ITES Projects.
- Rural BPO - Aims to provide employment opportunities for women and do E-Governance survey projects and private sector project.
- Facilitating as technology partner with Ministry of IT for Job Portal and Legal Documents Portal.
- Delivering e-governance service using ICT for enhanced delivery of government services to citizens.
Facilities Overview
2,800 Sq. Ft. in Mysore and 1,470 Sq. Ft. in Shimoga. Both facilities are rented.
Capitalization Overview
Not Disclosed
Recent Activity
-
Earlier than 15 daysIntern, Staffing, Delhi, Individual Investor / Buyer connected with the Business
-
Earlier than 15 daysPartner, Accounting Firm, Dubai, Individual Investor / Buyer connected with the Business
-
Earlier than 15 daysGeneral Manager, Information Technology, Mysore, Individual Investor / Buyer connected with the Business
Tags:
Employment Services Company Seeking Loan in Mysore, India
·Lend to Employment Services Company in Mysore, India
·Employment Services Company Seeking Loan in Mysuru
·Lend to Employment Services Company in Mysuru
·RPO Company Seeking Loan in Mysore, India
·Employment Services Company Seeking Loan
·Lend to RPO Company in Mysore, India
·Lend to Employment Services Company
·RPO Company Seeking Loan in Mysuru
·Lend to RPO Company in Mysuru
·RPO Company Seeking Loan
·Lend to RPO Company
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. Note that SMERGERS is not liable for any loss, damage, costs, claims and expenses whatsoever arising from transacting with any other user from the website. The final responsibility of conducting a thorough due diligence and taking the transaction forward lies with the users. Please read best practices on SMERGERS.
Contact Business
7 Investors already contacted this Business.
Register below to connect now!
- Social
- Register
- Login
Who uses SMERGERS?
... and 116,500+ other businesses of all sizes.
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.
You might also be interested in these businesses