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Newly Established Staffing Business Seeking Loan in Visakhapatnam, India

Innovative staffing and software training startup, generating revenue through course fees and corporate partnerships.

Established 0-1 year(s)
Employees 2 - 5
Legal Entity Limited Liability Partnership (LLP)
Reported Sales Nil
Run Rate Sales USD 57 thousand
EBITDA Margin 5 %
Industries Staffing + 1 more
Locations  Visakhapatnam
Local Time 9:55 AM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 7.1 thousand for 10.0% annual interest, 2 years (Native Currency: INR 600,000)
Reason: We will use these funds for marketing and to get more students to enroll in our courses.
Collateral Available: USD 0
Includes physical assets worth USD 7.1 thousand
Name, Phone, Email
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Business Name
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User Verification
Documents
Business Overview
- Startup that offers software training to students and recruitment/staffing services for corporates/companies.
- The business teaches courses like full stack Java, full stack Python, and cyber security courses, that range anywhere between INR 20k-55k per student per course.
- We just wrapped up a cyber security course which had 20 enrolled students.
- For recruitment and staffing we charge the corporates/companies 8.33% of the CTC.
- Currently have 2 corporate clients.
- We have GST and a certificate of incorporation.
- Startup with 10 months of operational experience.
Products & Services Overview
We offer:
- Software coaching classes.
- Staffing & recruiting.
Our courses are sought mostly by 4th year students, who come to us for software training and help with placement. Our other clients are corporates and companies who pay us for recruitment/staffing services.
Software coaching classes are the top selling service.
Assets Overview
Tangible assets include furniture, fixtures, and computers in our rented office space.
Facilities Overview
Setup of 950 sq. ft office space in Vishakhapatnam, with 2 crew cabins and seating space for 15-20 seats for conducting classes.
We paid an advance of INR 1.5 lakh for this space.
Capitalization Overview
The business is operated by an LLP with 2 partners with 50- 50% share and it has an INR 5.5 lakh loan.
Recent Activity
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Contact Business
1 Investor contacted this Business this month. 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.
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