Last Mile Delivery Company Seeking Loan in Bangalore, India
Last mile delivery company that uses electric vehicles with 25 drivers seeks a business loan.
| Established | 5-10 year(s) |
| Employees | 10 - 50 |
| Legal Entity | Private Limited Company |
| Reported Sales | USD 200 - 300 thousand |
| Run Rate Sales | USD 270 thousand |
| EBITDA Margin | 10 - 20 % |
| Industries | Last Mile Delivery |
| Locations | Bengaluru |
| Local Time | 3:11 PM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Moderately Active |
Seeking Loan
USD
560 thousand
for
18.0%
annual interest,
5
years
(Native Currency: INR 50,000,000)
Reason: Funds are required for working capital and scaling up. We are planning to hire 100+ drivers in the n...
View More
Collateral Available: USD 0
Includes physical assets worth
USD
5.6 thousand
Interested to connect with advisors
Documents
Business Overview
- Located in Bangalore, a densely populated city with a large demand for last-mile delivery services.
- Established contracts with 5+ clients for regular orders. Our customers include Flipkart, Big Basket, HomeLane, etc.
- Services include last-mile delivery and warehousing.
- Leased electric vehicles to ensure efficient delivery of orders.
- Employs 25 drivers with the plan to hire 100 more within the next few months.
- Competitive pricing model with different revenue models for different clients as per the client's requirement.
- Established contracts with 5+ clients for regular orders. Our customers include Flipkart, Big Basket, HomeLane, etc.
- Services include last-mile delivery and warehousing.
- Leased electric vehicles to ensure efficient delivery of orders.
- Employs 25 drivers with the plan to hire 100 more within the next few months.
- Competitive pricing model with different revenue models for different clients as per the client's requirement.
Products & Services Overview
Our services include last-mile delivery and warehousing,
Assets Overview
Physical assets include 10 laptops and office furniture such as chairs and tables.
Facilities Overview
We have a rented office in the east of the city.
Capitalization Overview
The company has two directors with a 75% and 25% stake. The business has an outstanding loan of INR 15 lakhs. The business is funded by owners' capital.
Recent Activity
-
Earlier than 15 daysFounder And Chief Solutions Officer, Dubai, Financial Consultant connected with the Business
-
Earlier than 15 daysDirector, Mumbai, Financial Consultant connected with the Business
-
Earlier than 15 daysFounder, Mumbai, Financial Consultant connected with the Business
Tags:
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·Lend to Hyperlocal Delivery Company in Bengaluru
·Lend to Last Mile Delivery Company in Bengaluru
·Hyperlocal Delivery Company Seeking Loan
·Last Mile Delivery Company Seeking Loan
·Lend to Hyperlocal Delivery Company
·Lend to Last Mile Delivery Company
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