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NBFC Investment Opportunity in Bangalore, India

Bangalore based NBFC with 80 clients offering loans to individuals and sole proprietors seeking investment.
This Business is on a Premium Plan
Established 1-5 year(s)
Employees 2 - 5
Legal Entity Public Limited Company
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries NBFC
Locations  Bangalore
Local Time 4:20 AM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Investment
USD 2 million for 49.0% stake (Native Currency: INR 150,000,000)
Reason: Taking the company public on the stock exchange, connecting core banking software to Bank, SWIFT and... View More
Interested to connect with advisors
Name, Phone, Email
Not disclosed
Business Name
Not disclosed
User Verification
Documents
Business Overview

- Start-up NBFC located in Bangalore.

- We can accept fixed deposits and can open savings account for registered members.

- We offer loans to sole proprietors and individuals.

- Have a total of 80 clients.

- Promoter has experience in finance and software development such as core banking software.

- Business is not generating any direct revenue at the moment but is getting revenue from other sources in the form of negotiable instruments.

Products & Services Overview

Promissory notes and other financial instruments (negotiable instruments), credit derivatives, credit-linked deposits/notes, home loans, gold loans, silver loans, loans backed by insurance, and government securities. Fixed deposits and savings account.

Assets Overview

Assets owned by businesses are promissory notes, cheques and assets pledged by members. Software assets are core banking software and accounting software running on Linux.

Facilities Overview

Rented office in gated community in Bangalore.

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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