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Mobile App Seeking Loan in Chennai, India

Development of an online platform that connects manufacturers with users who can sell their products.

Established 5-10 year(s)
Employees 2 - 5
Legal Entity Private Limited Company
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Mobile Apps + 1 more
Locations  Chennai
Local Time 2:41 PM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Seeking Loan
USD 59 thousand for 10.0% annual interest, 5 years (Native Currency: INR 5,000,000)
Reason: Require funds for completion of development and marketing.
Collateral Available: USD 0
Includes physical assets worth USD 8.3 thousand
Name, Phone, Email
Available after connect
Business Name
Not disclosed
User Verification
Documents
Business Overview
- We are in development of an online platform which will provide opportunities to those who seek an additional income.
- It would be a mobile application that would take around 2 months to develop post funding.
- The platform would connect manufacturers and distributors with users who can sell their products to vendors for a commission.
- Product is being developed in-house and is presently in the pilot stage.
- It is a highly innovative plan with a digital platform that will displace traditional advertising and marketing.
- Promoter has over 20 years of experience in the field of IT development.
Products & Services Overview
Online platform to connect manufacturers and distributors with users who will sell their products.
Assets Overview
Main physical assets are laptops and desktops.
Facilities Overview
Have a co-working office space in Chennai.
Capitalization Overview
Not Disclosed
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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