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Event Management Business Seeking Loan in Bangalore, India

Offline and online event base matrimonial service provider in Bangalore, having 1,000+ registered users.

Established 5-10 year(s)
Employees 10 - 50
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 21 thousand
Run Rate Sales USD 21 thousand
EBITDA Margin 13 %
Industries Event Management
Locations  Bangalore
Local Time 9:01 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 41 thousand for 10.0% annual interest, 5 years (Native Currency: INR 3,500,000)
Reason: For marketing, hire sales team and Pan India expansion. Interest can be re-payed from alternate rev... View More
Collateral Available: USD 29 thousand
Includes physical assets worth USD 5.8 thousand
Interested to connect with advisors
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Business Name
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Business Overview
- We are a one stop solution for all matrimonial and wedding related services based in Bangalore.
- Business provides both offline and online services. We have two branches in Bangalore.
- Have more than 1,000 registered users on our platform.
- Monetization of the platform is through user subscription fee. We have separate online and offline matrimonial packages.
- We have completed more than 10 successful events so far.
- Our assets include website, domain, customer database, and office equipment.
- Most of our revenue is generated through offline wedding organizing services.
- The business needs 12 permanent employees to run the business operations.
- Promoter has more than 3 years of experience in this business.
Products & Services Overview
Matrimonial and wedding organizer providing match making services, arranging venue, floor decoration, catering for wedding function.
Assets Overview
We have website & app in play store.
Facilities Overview
We have two rented offices in Bangalore.
Capitalization Overview
- Currently business is funded by partners only.
- Each partners have 60-40% share currently.
- There is no debt/loan on company.
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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