Need help?

Factoring Startup Investment Opportunity in Gurgaon, India

A blockchain-enabled fintech platform to provide working capital solutions to SMEs seeks seed capital.
This Business is on a Premium Plan
Established 0-1 year(s)
Employees 5 - 10
Legal Entity Private Limited Company
Reported Sales Nil
Run Rate Sales USD 150 thousand
EBITDA Margin 20 - 30 %
Industries Factoring + 1 more
Locations  Gurgaon
Local Time 6:41 AM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Investment
USD 60 thousand for 10.0% stake (Native Currency: INR 5,000,000)
Reason: We are raising seed investment to build the product, core team, and marketing to generate initial tr... View More
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
DCF for 5 years
Logo
Pitch Deck
GST Certificate
Business Overview

- Company with SaaS-based solutions for invoice management and invoice discounting.

- We are developing blockchain based lending solutions to B2B customers.

- We are in the MVP development phase and will be launching in September of this year.

- In-house development of technology.

- We plan to earn revenue through two models:

• Invoice management with subscriptions starting at INR 49/month. The target market consists of SMEs with annual revenue of more than INR 20 lakh.

• Invoice discounting (factoring) for large manufacturers, FMCG-based distribution, and dealer networks.

- Initially, the invoice discounting will be done through lending partners and our own funds will not be used.

- No loans taken by the business.

- We are a team of 2 founders from IIT and IIM backgrounds with 25 years of experience.

- The shareholding pattern is a 55:45 split among the 2 founders.

- Our latest investor is a senior executive in Abbott Health Care. We have signed a term sheet with the investor.

Products & Services Overview

Invoice management module-SaaS-based solution for SMEs with annual revenue above INR 20 lakh.

Invoice discounting solution at affordable rates and complete digital journey. Targeted at large manufacturers and distributor networks.

Assets Overview

We will be having a patent on our risk underwriting module.

Our proprietary platform provided invoice management and lending tech solution.

Facilities Overview

We have our office in Gurgaon in a co-working space of 2,500 sq. ft.

Recent Activity
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. Note that SMERGERS is not liable for any loss, damage, costs, claims and expenses whatsoever arising from transacting with any other user from the website. The final responsibility of conducting a thorough due diligence and taking the transaction forward lies with the users. Please read best practices on SMERGERS.
Contact Business

1 Investor contacted this Business this month.
Register below to connect now!

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.
You might also be interested in these businesses

    Frequently
    Asked
    Questions

    • Why can’t I see the business’ name or contact number? How do I contact the business?
    • What level of due diligence does SMERGERS conduct on the businesses/member?
    • How active are the business profiles listed on SMERGERS?
    • How does SMERGERS rate business profiles?
    • Do I need to pay to connect with a business?
    • Show more