Men's Clothing Company Seeking Loan in New Delhi, India

ECommerce startup for selling men's wear currently having stock of 750 pieces of shirts.

Established From
Employees
Legal Entity
Reported Sales
Run Rate Sales
Nil
EBITDA Margin
Operating at break even
Industries
Men's Clothing + 1 more
Locations
Local Time
6:17 PM New Delhi
Listed By
Business Owner / Director
Status
Moderately Active
Overall Rating
Seeking Loan
USD 6.6 thousand for 20.0% annual interest, 2 years (Native Currency: INR 500,000)
Reason: Working capital required for our eCommerce segment.
Collateral Available: USD 0
Includes physical assets worth USD 4 thousand
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
Business Overview

- Our company started as personal loan associate for HDFC and also to provide job placement in the Delhi NCR region.

- We have now started our own eCommerce platform and are seeking funds for the same.

- Our eCommerce website would sell men's wear under our own brand name.

- We are also in talks with eCommerce players including Amazon, Flipkart, Snapdeal and Paytm.

- Have outsourced the manufacturing process to 2-3 third party vendors.

- Currently have 750 pieces of shirts worth INR 3 Lakh.

Products & Services Overview

Men's shirt and t-shirt.

Facilities Overview
Recent Activity
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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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