Jewelry Store Investment Opportunity in Pune, India
|5 - 10
|Private Limited Company
|USD 90 thousand
|Run Rate Sales
|USD 70 thousand
|10:11 PM Asia / Kolkata
|Advisor / Business Broker
A. A designer ring studio established, recognized for transforming the way people buy diamond rings.
B. This tech-enabled startup integrates cutting-edge technology with fine jewelry, using an omnichannel business model that combines online shopping with an offline store.
C. Addressing customer issues when buying diamond rings, they offer a wide variety of designs, multiple pricing options, and an "education session" to educate customers.
D. Customers can explore and try on preferred designs physically, enhancing the overall shopping experience.
E. Multiple pricing options ensure customers can find their ideal ring within their budget, eliminating compromises.
F. An "education session" helps customers make informed choices about diamonds, metals, certifications, and hallmarked gold.
G. Customers can personalize their rings by selecting metal color, engraving, and achieving a perfect fit.
H. The company began with a merger of engineers and jewelry experts, resulting in a revolutionary brand.
I. Operating an in-house diamond jewelry manufacturing facility in Surat eliminates middlemen, reducing costs and making rings more affordable.
J. With a high conversion rate and a mission to expand across India, the company aims to reach tier 2 cities.
K. Blending tradition with innovation, the company offers variety, pricing flexibility, education, and personalization while eliminating intermediaries to make diamond rings accessible.
- Prioritizing an inventory-light approach for higher conversion rates.
- Adopting a digital-first, omni-channel business model for a seamless online and offline experience.
- Demonstrating gross profit margins 25% higher than competitors.
- Operating at 15% lower expenses than competitors.
- Maintaining an asset-light model to minimize capital tied up in assets.
- Embracing a negative working capital model to enhance cash flow efficiency and financial stability.
- Ensuring a 30-day free cash flow cycle for strategic investment.
- All these factors combined make the company an attractive prospect for investors.
- Reason for drop in sales, will be provided after introduction.
India's top designer ring studio, wide diamond ring collection with in-house manufacturing.
The business owns physical assets worth INR 5 lakhs the details of which will be answered after the introduction.
Manufacturing facility in Surat. will be answered after the introduction.
The business is presently funded with two equity funding rounds.
Details regarding capitalization will be answered after the introduction.
Earlier than 15 daysSenior Manager, Cement & Textiles, Dubai, Individual Investor / Buyer connected with the Business
Earlier than 15 daysDirector, Real Estate, Navi Mumbai, Individual Investor / Buyer connected with the Business
Earlier than 15 daysMarketing Manager, Financials, Mumbai, Individual Investor / Buyer connected with the Business