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Last Mile Delivery Company Seeking Loan in Delhi, India

Company providing last-mile delivery services through various channels seeks loan.
This transaction has concluded.

Established 5-10 year(s)
Employees 10 - 50
Legal Entity Private Limited Company
Reported Sales USD 6 thousand
Run Rate Sales USD 43 thousand
EBITDA Margin 3 %
Industries Warehousing + 1 more
Locations  Delhi
Local Time 4:11 PM Asia / Kolkata
Listed By Management Member
Status Active
Overall Rating
Seeking Loan
USD 12 thousand for 12.0% annual interest, 5 years (Native Currency: INR 1,000,000)
Reason: Acquire more clients by giving them bank guarantee.
Collateral Available: USD 2.4 thousand
Includes physical assets worth USD 1.2 thousand
Interested to connect with advisors
Documents
Business Overview

Company provides last-mile delivery solutions for eCommerce giants covering Delhi, NCR, Kolkata, Jaipur, Uttar Pradesh and Bihar. Have tie-ups with Grofers and Blue Dart Etc. from whom we pick up the goods from their transportation hub and deliver it to user's final destination. We have 180 bikers working with us covering multiple cities. Senior management has over 6-8 years of experience in this sector. Funds that we are seeking would be used to acquire new client by giving them bank guarantee. Our run rate sales have increased because we added a new client this year. Company operates from Delhi office with 8 employees and it owns a few laptops and furniture as physical assets.

Products & Services Overview

Last mile delivery Solution.

Manpower solutions.

Warehousing management.

Outsourced delivery hubs.

First mile pickups.

Facilities Overview

800 sq ft of office taken on rent.

Capitalization Overview
Not Disclosed
Recent Activity
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This transaction has concluded. View similar business opportunities on SMERGERS
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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