Factoring Company Investment Opportunity in Bhubaneswar, India
Established | 1-5 year(s) |
Employees | 2 - 5 |
Legal Entity | Private Limited Company |
Reported Sales | Nil |
Run Rate Sales | Nil |
EBITDA Margin | Nil |
Industries | Factoring + 1 more |
Locations | Bhubaneswar + 1 more |
Local Time | 1:30 PM Asia / Kolkata |
Listed By | Management Member |
Status | Moderately Active |
- We are a company that was registered in Pune (Maharashtra), but operates out of Bhubaneswar (Odisha).
- Company is recognized and certified by Government of India through Startup India initiative. Company is also certified and recognized by Government of Odisha.
- We are in the process of development of an online platform and mobile application which would allow MSMEs to mortgage their real world assets like invoices, warehouse receipts and letter of credits as collateral for short term loans.
- It would be a block chain based platform which would allow MSMEs to tokenize their documents and assets and use them as collateral for access of finance.
- This platform would allow investors from all across the world to have diversified investment opportunities in MSME sector. They can provide short term funds to these MSMEs against the collateral and receive an interest.
- We would take a 10% fee from the interest earned by the investors and financiers. We also plan to have a 0.1% fee on funds MSMEs borrow.
- Backend development of the platform is complete and we are in the front end development stage.
- Promoters have over 14 years of experience in the finance and fintech industry.
We plan to provide a the block chain based openly accessible, end-to-end solution for enabling real-world assets as collateral for financing. The infrastructure would provide any business to access finance using our securitization protocol. Businesses/MSME can tokenize their documents (invoices, warehouse receipts, letter of credits) to NFT (Non-Fungible Tokens) and use this as collateral for financing. It would allow investors to have diversified investment opportunities in MSME Sector.
Our assets include software, licenses, IP and platform.
We have taken a rental office on the 6th floor in Bhubaneshwar.
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Earlier than 15 daysManaging Director, Trading, Bhubaneswar, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysDirector, Electrical And Electronics Manufacturer, Greater Noida, Corporate Investor / Buyer connected with the Business