Grocery Shop Seeking Loan in Sonipat, India

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

Established From
Employees
Legal Entity
Reported Sales
Run Rate Sales
Nil
EBITDA Margin
Operating at break even
Industries
Locations
Local Time
10:26 PM Sonipat
Listed By
Business Owner / Director
Status
Active
Overall Rating
Seeking Loan
USD 90 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
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
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 can I be sure that the business profile will be active?
  • How does SMERGERS rate business profiles?
  • Do I need to pay to connect with a business?
  • Show more