Grocery Shop Seeking Loan in Sonipat, India

Newly established company providing an online platform for household products, currently having 20 vendors on-board.

Established 1-5 year(s)
Employees 10 - 50
Legal Entity Private Limited Company
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Ecommerce Websites + 1 more
Locations  Sonipat
Local Time 9:03 AM Sonipat
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 100 thousand for 11.0% annual interest, 5 years (Native Currency: INR 7,000,000)
Reason: For marketing of our business.
Collateral Available: USD 0
Name, Phone, Email
Available after connect
Business Name
Not disclosed
User Verification
Documents
Business Overview

- January 2018 established company providing an eCommerce platform providing groceries, packaged foods, personal care products.

- Currently we have 20 vendors who will be listing their products on our platform.

- The platform is completely ready and we have already done a soft launch. Officially we are launching it in the second week of March, 2018.

- Company will monetise the platform in form of commission charged to these vendors.

- The commission rate will vary from 10% to 30% depending upon the product.

- We have a team of 20 members including delivery team, back-end team for support, designing and the marketing team.

- Promoter has 5 years of marketing experience.

Products & Services Overview

Groceries, personal care products, snacks and packaged foods.

Facilities Overview

Office of 260 Sq Ft on rent.

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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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