Office Supplies Wholesale Company Seeking Loan in Bangalore, India

Web-app helping streamline office supply procurement for businesses with the help of technology.
This Business is on a Premium Plan
Established 1-5 year(s)
Employees 10 - 50
Legal Entity Private Limited Company
Reported Sales USD 2 million
Run Rate Sales USD 2 million
EBITDA Margin 7 %
Industries Office Supplies Wholesale + 1 more
Locations  Bangalore
Local Time 10:00 AM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 70 thousand for 18.0% annual interest, 2 years (Native Currency: INR 5,000,000)
Reason: With businesses becoming cost sensitive due to the ongoing pandemic, we are attracting more customer... View More
Collateral Available: USD 0
Includes physical assets worth USD 34 thousand
Name, Phone, Email
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Business Name
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Business Overview

- A cloud-based web app for catalogue buying, order management and order tracking of office supplies like pantry, stationery, housekeeping and IT supply.

- Our tool includes features like approval structures, centralized procurement, buying assistance, dedicated support.

- We help streamline services required for managing daily office supply requirement for over 15-20 clients with the help of technology.

- Our key clients include WeWork, 91Springboard, Innovate, Furlenco, TATA Global Beverages, Tapzo, Gale Partners and Myntra.

- We procure our products from over 20 vendors including Metro Cash and Carry.

- In the past 2 years of operations, we've reached total sales of over INR 23 crore growing, starting with 17% gross margin and optimizing to 25% gross margin.

- We will soon be adding inventory management for which our customers would have to pay to start using.

- The founding team brings 20 years of cumulative tech, operations and sales experience.

- The last year's sales figures show the revenue generated in the FY 19-20.

Products & Services Overview

One-stop shop for all office consumable requirements like housekeeping, stationery, furniture, electronics, pantry.

Assets Overview

We own some delivery vehicles, furniture, laptops, IT equipment and warehouse equipment.

Facilities Overview

Warehouses across 5 cities, Bangalore, Mumbai, Hyderabad, Pune & Delhi (10,000 Sq. ft) with HQ in Bangalore.

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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