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Newly Established Agriculture Support Business Seeking Loan in Bhubaneswar, India

Agricultural start-up with a vision to support farmers and supply chain management seeks a loan.

Established 0-1 year(s)
Employees 2 - 5
Legal Entity Limited Liability Partnership (LLP)
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Agriculture Support
Locations  Bhubaneswar
Local Time 7:00 AM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Seeking Loan
USD 120 thousand for 12.0% annual interest, 2 years (Native Currency: INR 10,000,000)
Reason: We require funds to execute the business plan.
Collateral Available: USD 120 thousand
Includes physical assets worth USD 2.4 thousand
Interested to connect with advisors
Name, Phone, Email
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Business Name
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Documents
Business Overview

- Company is an agricultural start-up with a vision to empower and support farmers across India.

- To maximize the yield of crops grown by farmers, the business will provide them with the best quality raw material, grains, export quality grains, as well as source of energy, and vermicompost manure.

- We will pay the farmers their daily wages and business will sell their produce to a broader audience through societies, hypermarkets, and a mobile application.

- Currently, we have tied-up with 3 farmers who are into mustard seeds harvesting and coconut plantation.

- We are in the starting phase of the business and have yet not reported any revenue.

- Business does not have any loan and is run by 2 owners with equal ownership stakes in the business.

- We will do the entire distribution and supply chain management for the end agriculture products and also plan to launch an application in the future.

Products & Services Overview

Planning to provide end-to-end supply chain solutions to farmers and other agriculture support services.

Assets Overview

Office computers and furniture is included in physical assets.

Facilities Overview

Office space in Bhubaneswar which on a rental basis.

Capitalization Overview
Not Disclosed
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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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