Jewelry Store Investment Opportunity in Vadodara, India
Established | 1-5 year(s) |
Employees | 10 - 50 |
Legal Entity | Private Limited Company |
Reported Sales | Nil |
Run Rate Sales | Nil |
EBITDA Margin | Nil |
Industries | Jewelry Stores + 1 more |
Locations | Vadodara |
Local Time | 8:57 PM Asia / Kolkata |
Listed By | Business Owner / Director |
Status | Moderately Active |
- We are a startup that is currently developing an online marketplace for the sale of jewelry through both B2B and B2C channels.
- We are in the development phase. We have developed a beta version of the website and android app. We expect to launch the website by next month.
- In talks with around 200 to 250 jewelers who have shown interest in joining the platform once it is operational.
- We would charge jewelers around INR 6,000 per month to list on our website.
- Our USP would be offering a discount on jewelry of up-to 50% once a month. The cost for this discount would be borne by us through funds collected for listing on our website.
- Promoter is an IT engineer and comes from a family with decades of experience and connections in the jewelry field.
- Company's physical assets include furniture, workstations, office equipment and Rs. 10 lakhs bank balance.
Sale of jewelry online including gold, silver, diamond and other varieties.
Rented office of 600 Sq Ft on the 3rd floor. Rent is INR 20,000 a month.
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Earlier than 15 daysDirector, Construction, Melbourne, Individual Investor / Buyer connected with the Business