Event Management Business Seeking Loan in Ahmedabad, India

Wedding planners and event management company in Ahmedabad seeks funds for short-term capital.

Established 1-5 year(s)
Employees 10 - 50
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 80 thousand
Run Rate Sales Nil
EBITDA Margin Nil
Industries Event Management
Locations  Ahmedabad
Local Time 9:17 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 4 thousand for 13.0% annual interest, 2 years (Native Currency: INR 300,000)
Reason: Need short-term working capital to restart operations as events are expected to be starting in 1-2 m... View More
Collateral Available: USD Not Available
Includes physical assets worth USD 13 thousand
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Company Profile
Business Overview

- Wedding planners and event management company based in the city of Ahmedabad.

- Planning weddings and family events can be stressful and time-consuming and can leave people with little time to enjoy the event with friends and family.

- We provide complete wedding and event management services to our clients in Gujarat, Maharashtra, Rajasthan, and Delhi.

- Have tied-up with 30-40 vendors including venues, photography studios, caterers, and artists to provide a complete package.

- We have a big chain of clients who wed with us happily. The growth of the company is huge because of the Indian wedding market.

- We manage 15-20 events on a yearly basis. Due to the COVID pandemic, our summer events were canceled and we have temporarily stopped operations. We are expecting to resume services in 1-2 months and require short-term working capital.

- A recent KPMG report estimated India’s wedding market at $ 50 billion, with a rapid annual growth rate. As with so many other things in our country, these figures can primarily be attributed to demographic causes. With close to half of India’s 1.3 billion-strong population under the age of 30, and more than 10 million weddings held annually, a steady flow of future nuptials seems assured.

Products & Services Overview

Wedding planning, decoration, destination weddings, music & entertainment, catering, venue booking & accommodation, photo, video, and cinematography.

Assets Overview

Decoration materials and equipment.

Facilities Overview

Running the business from our residence.

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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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