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Recruitment Agency Seeking Loan in Mumbai, India

Leading recruitment consultants for companies in the Middle East having market presence since 3 decades.
This transaction has concluded.

Established 40-50 year(s)
Employees 10 - 50
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 100 - 200 thousand
Run Rate Sales USD 140 thousand
EBITDA Margin 20 - 30 %
Industries Recruitment Agencies + 1 more
Locations  Mumbai
Local Time 12:34 AM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Seeking Loan
USD 18 thousand for 10.0% annual interest, 1 year (Native Currency: INR 1,500,000)
Reason: Require working capital to complete rebuilding the platform to attain feature coverage as provided b... View More
Collateral Available: USD 12 thousand
Includes physical assets worth USD 60 thousand
Interested to connect with advisors
Documents
Business Overview

- Our company is one of the leading recruitment consultancy firms for blue-collar and white-collar jobs, having more than 3 decades of experience and expertise.

- We moved our services completely online since 2009 and we currently have more than 1 lakh registered candidates, with 500+ candidates being successfully placed this year.

- Our core business involves providing recruitment and hiring services to clients in the oil & gas, petroleum, fertilizer and various other industries in the Middle East and India. We also provide staffing and HR outsourcing services to our clients.

- Have more than 100 clients in GCC, and the job postings are created only for these clients.

- We are currently in the process of rebuilding the platform to attain feature coverage as provided by sites such as Naukri. This will enable any company to create job postings on our platform.

- We already have the design, and the development is in progress and is estimated to be completed within 3 months post raising funds.

- The founder and the CEO of the company both have an in-depth knowledge of the HR industry in GCC.

- The business owned assets include computers, furniture, and other equipment.

- In the current year, we had to acquire additional licenses in GCC countries due to which our cash has reduced, and we are looking to raise short-term working capital.

Products & Services Overview

- Recruitment and hiring services for clients from a variety of industries in GCC countries.

- Staffing and HR outsourcing for short-term hire.

- Grievance services.

Facilities Overview

The facility is on lease for 3 more years and the built-up area is 1,000+ sq ft.

Capitalization Overview
Not Disclosed
Recent Activity
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This transaction has concluded. View similar business opportunities on SMERGERS
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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