Need help?

Newly Established Luxury Furnishing Retailer Seeking Loan in Hyderabad, India

Telangana based high-quality home and kitchen solutions company with licenses obtained and suppliers identified seeks-funds.

Established 0-1 year(s)
Employees 2 - 5
Legal Entity General Partnership
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Luxury Furnishing Retailers
Locations  Hyderabad
Local Time 7:12 AM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Seeking Loan
USD 17.3 thousand for 12.0% annual interest, 2 years (Native Currency: INR 1,500,000)
Reason: We need funding to initiate our operations. The founders have already completed significant groundwo... View More
Collateral Available: USD 0
Includes physical assets worth USD 2.42 thousand
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
Udyam Certificate
Business Overview
- Committed to delivering high-quality home and kitchen solutions while driving significant ROI.
- We are planning to work with distributors both abroad and within India and have identified 7-8 suppliers for our product needs.
- Our focus is on luxury and premium products, targeting middle to high-income customers.
- We will market our products through our own website and various marketplaces.
- Our team includes promoters with 5 years of marketing experience, 8+ years in software, and expertise in fitness science.
- Our website is currently under development. With most of the groundwork done, we expect to start operation as soon as we get funding.
- We have obtained all necessary licenses, including a trade license, GST registration, and Udyam registration.
Products & Services Overview
- Company planning to launch a home and kitchen decor brand.
- Our kitchen product range includes utensils, sustainable items, tumblers, home decor, organizer, bamboo products and brass and copper utensils.
- Targeting middle to high-income customers.
Assets Overview
Assets include:
Inventory.
Licenses including trade license, GST and Udyam.
Facilities Overview
WFH at the moment. No office facility.
Capitalization Overview
Shareholders are 2.
Family owned business.
Self funded business.
No loans or debts.
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. Note that SMERGERS is not liable for any loss, damage, costs, claims and expenses whatsoever arising from transacting with any other user from the website. The final responsibility of conducting a thorough due diligence and taking the transaction forward lies with the users. Please read best practices on SMERGERS.
Contact Business
5 Investors viewed this Business this week. Register below to connect now!
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.
You might also be interested in these businesses
    Frequently
    Asked
    Questions
    • Why can’t I see the business’ name or contact number? How do I contact the business?
    • What level of due diligence does SMERGERS conduct on the businesses/member?
    • How active are the business profiles listed on SMERGERS?
    • How does SMERGERS rate business profiles?
    • Do I need to pay to connect with a business?
    • Show more