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Financial Distributors Business Investment Opportunity in Indore, India

Platform for SME & self-employed to avail timely finance from banks and NBFCs.

Established 5-10 year(s)
Employees 10 - 50
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 4 thousand
Run Rate Sales USD 17 thousand
EBITDA Margin 20 - 30 %
Industries Financial Distributors
Locations  Indore
Local Time 9:20 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Partial Stake Sale
USD 120 thousand for 30.0% stake (Native Currency: INR 10,000,000)
Reason: Funds will be used as follows: 1. Open branch offices in Bhopal, Delhi, Pune and Bangalore. 2. Int... View More
Includes physical assets worth USD 2.4 thousand
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Business Overview

Our firm helps SMEs and individuals raise loans, take insurance and invest in mutual funds. We are direct sales partner for banks and NBFCs and have tie-ups with 62 banks including HDFC Bank, Axis Bank. Have served 250+ customers till date who are from Indore, Bhopal and Delhi. Since we are third party for financial service, we receive commission as revenue from banks every time we sell their product. Operational since November last year, we have generated more than 75% of revenue from loan segment and rest 25% from insurance & mutual funds segment.

Seeking funds to start branch office in Bhopal, Delhi, Pune and Bangalore to increase our customer base. Business currently owns furniture, laptop and systems as physical assets at Indore office.

Products & Services Overview

1. Loans: Car loan, business & personal loan, education loan.

2. Insurance.

3. Mutual Funds.

Facilities Overview

350 sq ft of office on rent in Indore.

Capitalization Overview
Not Disclosed
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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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