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Factoring Company Investment Opportunity in Bhubaneswar, India

Platform which would allow MSMEs to mortgage their assets for short term loans.
This transaction has concluded.

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
Overall Rating
Partial Stake Sale
USD 60 thousand for Undisclosed stake (Native Currency: INR 5,000,000)
Reason: Product development, governance and management, sale and marketing, cloud infrastructure and work sp... View More
Interested to connect with advisors
Documents
Pitch Deck
Business Overview

- 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.

Products & Services Overview

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.

Assets Overview

Our assets include software, licenses, IP and platform.

Facilities Overview

We have taken a rental office on the 6th floor in Bhubaneshwar.

Capitalization Overview
Not Disclosed
Recent Activity
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This transaction has concluded. View similar business opportunities on SMERGERS
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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