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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 100 thousand
Run Rate Sales USD 100 thousand
EBITDA Margin 15 %
Industries Employment Services
Locations  Mysore
Local Time 12:46 AM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 24 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 18 thousand
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Business Name
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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.

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
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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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