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Newly Established Vegetable Processing Company Seeking Loan in Visakhapatnam, India

Company specializing in potato and banana powder production currently in pre-revenue stage, seeking funding.

Established 0-1 year(s)
Employees 10 - 50
Legal Entity Private Limited Company
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Vegetable Processing
Locations  Visakhapatnam
Local Time 11:03 AM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 350 thousand for 10.0% annual interest, 8 years (Native Currency: INR 30,000,000)
Reason: Seeking funds to start the business operations. The loan can be repaid through personal funds and a... View More
Collateral Available: USD 0
Includes physical assets worth USD 35 thousand
Name, Phone, Email
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Business Name
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User Verification
Documents
Business Overview
- The company takes pride in its innovative approach to producing and exporting potato powder and banana powder, currently in pre-revenue stage.
- These products are created using the best quality potatoes and bananas, with a focus on preserving their nutrients and aroma.
- The company will operate through multiple sales channels, including direct-to-consumer (D2C) sales via phone, WhatsApp, and email inquiries, as well as business-to-business (B2B) exports to Turkey.
- The company holds several licenses and certificates, including FSSAI (Food Safety and Standards Authority of India), IEC (Import Export Code), and a broker-vendor trust certificate.
- The business procures raw materials directly from farmers.
- The manufacturing facility has a production capacity of 4-6 tons per month.
Products & Services Overview
Products include:
- Raw banana powder.
- Banana fibre.
- Potato powder.
The powders used are nourishing and multipurpose. Can be blended into soups, baked dishes, or smoothies.
Banana fibre can be used in manufacturing rope, clothes and mats.
Will be sold through phone, WhatsApp, and email inquiries for D2C and export for B2B.
Assets Overview
Physical assets include manufacturing equipment and stock of raw material.
Facilities Overview
Operating from a rented office of 40 cents located in Anakapalle.
Rent is INR 25k per month.
Capitalization Overview
Self-funded.
There are 2 shareholders.
No loans or liabilities.
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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