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Financial Distributors Business Investment Opportunity in Jaipur, India

Collection center for rural regions and act as a link between banks and rural-population.

Established 5-10 year(s)
Employees 2 - 5
Legal Entity Limited Liability Partnership (LLP)
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Financial Distributors
Locations  Jaipur
Local Time 5:07 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Partial Stake Sale
USD 9 thousand for 5.0% stake (Native Currency: INR 750,000)
Reason: Require investment to start operations.
Interested to connect with advisors
Documents
Business Overview

- A company looking to develop the rural regions of Rajasthan by improving their economic conditions.

- Business will act as a collection center where individuals in villages can deposit their money. We will then deposit this money to the banks directly.

- Banks are not located close to these villages, and many banks do not cater to this sector of the population.

- A commission will be charged to banks for bringing in these deposits.

- Consumers will be able to withdraw their money as and when they please through our collection centers.

- We are targeting 4 villages initially with a total population of 5,000 individuals.

- We have already spoken to 2 Banks and are in advanced stages of discussion.

- Business owner has 30 years experience working in the Government sector for finance.

Products & Services Overview

Collection center for rural regions, act as link between rural regions and banks.

Facilities Overview

Currently no office space. Intend to shift into one in the near future.

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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