Financial Distributors Business Investment Opportunity in Indore, India
Established | 5-10 year(s) |
Employees | 10 - 50 |
Legal Entity | Sole Proprietorship/Sole Trader |
Reported Sales | USD 4 thousand |
Run Rate Sales | USD 17 thousand |
EBITDA Margin | 20 - 30 % |
Industries | Financial Distributors |
Locations | Indore |
Local Time | 5:51 PM Asia / Kolkata |
Listed By | Business Owner / Director |
Status | Active |
Our firm helps SMEs and individuals raise loans, take insurance and invest in mutual funds. We are direct sales partner for banks and NBFCs and have tie-ups with 62 banks including HDFC Bank, Axis Bank. Have served 250+ customers till date who are from Indore, Bhopal and Delhi. Since we are third party for financial service, we receive commission as revenue from banks every time we sell their product. Operational since November last year, we have generated more than 75% of revenue from loan segment and rest 25% from insurance & mutual funds segment.
Seeking funds to start branch office in Bhopal, Delhi, Pune and Bangalore to increase our customer base. Business currently owns furniture, laptop and systems as physical assets at Indore office.
1. Loans: Car loan, business & personal loan, education loan.
2. Insurance.
3. Mutual Funds.
350 sq ft of office on rent in Indore.
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Earlier than 15 daysDirector, Investment And Financial Services, Mumbai, Individual Investor / Buyer connected with the Business