Newly Established Sports Franchise Seeking Loan in Patna, India
Seeking funds for a strategic entry into Nepal's high-growth cricket market.
| Established | 0-1 year(s) |
| Employees | < 2 |
| Legal Entity | Other |
| Reported Sales | Nil |
| Run Rate Sales | Nil |
| EBITDA Margin | Nil |
| Industries | Sports Franchises |
| Locations | Patna |
| Local Time | 8:59 AM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Moderately Active |
Seeking Loan
USD
11.2 thousand
for
10.0%
annual interest,
1
year
(Native Currency: INR 1,000,000)
Reason: The funding will help assist in the acquisition of the franchisee. The owner also has some other bus...
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Collateral Available: USD 11.2 thousand
Name, Phone, Email
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Business Name
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Documents
Proposal
(111.6 KB)
Business Overview
- E-commerce and IT company generating approximately INR 200 crores a year, looking to diversify its portfolio by venturing into the sports world through the acquisition of a cricket franchise.
- The investment will be directed towards a flagship cricket league in Nepal, indicating a strategic entry into a potentially high-growth market.
- The director of the company is seeking investment to capitalize on the growth prospects of the Nepal cricket market.
- The company's expansion into the sports franchise industry presents an opportunity for investors to participate in a new and potentially lucrative market segment.
- The investment will be directed towards a flagship cricket league in Nepal, indicating a strategic entry into a potentially high-growth market.
- The director of the company is seeking investment to capitalize on the growth prospects of the Nepal cricket market.
- The company's expansion into the sports franchise industry presents an opportunity for investors to participate in a new and potentially lucrative market segment.
Products & Services Overview
E commerce and IT company now looking to venture out into the sports world with a new acquisition. The funds will be diverted towards an investment for a cricket franchisee.
Assets Overview
The business has no physical assets but there is a patch of land owned by the director worth around INR 10 lakhs in Bihar which will act as collateral for the loan.
Facilities Overview
Currently there is no designated office but the idea is to run operations from Bihar.
Capitalization Overview
There is only one director for this venture and there are no loans at this point in time for the business.
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Newly Established Basketball Franchise Seeking Loan in Patna, India
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·Newly Established Football Franchise Seeking Loan
·Newly Established Baseball Franchise Seeking Loan
·Newly Established Cricket Franchise Seeking Loan
·Newly Established Sports Franchise Seeking Loan
·Lend to Newly Established Basketball Franchise
·Lend to Newly Established Football Franchise
·Lend to Newly Established Baseball Franchise
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