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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 1-5 year(s)
Employees 10 - 50
Legal Entity Private Limited Company
Reported Sales USD 200 - 300 thousand
Run Rate Sales USD 300 thousand
EBITDA Margin 10 - 20 %
Industries Last Mile Delivery
Locations  Bangalore
Local Time 5:13 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 600 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 6 thousand
Interested to connect with advisors
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Business Name
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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.

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 days
    Independent Advisor, New Delhi, Financial Consultant connected with the Business
  • Earlier than 15 days
    CEO, Visakhapatnam, Financial Consultant connected with the Business
  • Earlier than 15 days
    Managing Director, Singapore, Financial Consultant connected with the Business
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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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