Grocery Shop Seeking Loan in New Delhi, India

E-commerce website providing online groceries & cosmetics with 6,500 listed products seeking loan for promotions.

Established	1-5 year(s)
Employees	10 - 50
Legal Entity	Private Limited Company
Reported Sales	Nil
Run Rate Sales	USD 12 thousand
EBITDA Margin	20 %
Industries	Ecommerce Websites + 1 more
Locations	New Delhi
Local Time	1:10 AM Asia / Kolkata
Listed By	Management Member
Status	Active

6.0 / 10

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Seeking Loan

USD 240 thousand for 10.0% annual interest, 2 years (Native Currency: INR 20,000,000)

Reason: Need investment to grow the business by adding different products and for promotions.

Collateral Available: USD 12 thousand

Includes physical assets worth USD 6 thousand

Interested to connect with advisors

Documents

Pan (Password 08102018) (737.1 KB)

Registration Certificate (527.7 KB)

ROC-Verification.pdf (59.8 KB)

Business Overview

We are a groceries, beauty & wellness, household care shopping website which was launched in Sept 2018. Have tie up with a courier service to deliver all over India with cash on delivery option. We have an app ready to launch on Google Play Store. Currently we have over 6,500 products listed on our website with 30 to 40 registered sellers. There are 90 to 100 users visiting and purchasing products on our website on a daily basis. Our target is to reach 50,000 customers in the upcoming month by giving extra discounts and offers. Require loan to expand the product categories and for promotion of the business.

Products & Services Overview

We provide online services for groceries, beauty & wellness, household care with delivery options.

Facilities Overview

Rented office of 750 Sq Ft in Delhi.

Capitalization Overview

Not Disclosed

Recent Activity

Earlier than 15 days
Sales Manager, Faridabad, Financial Advisor connected with the Business
Earlier than 15 days
Founder & CEO, Chennai, M&A Advisor connected with the Business

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Grocery Shop Seeking Loan in New Delhi, India

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