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 From
Employees
Legal Entity
Reported Sales
Run Rate Sales
USD 2 million
EBITDA Margin
7 %
Industries
Locations
Local Time
2:18 PM Bangalore
Listed By
Business Owner / Director
Status
Active
Overall Rating
Seeking Loan
USD 26 thousand for 18.0% annual interest, 2 years (Native Currency: INR 2,000,000)
Reason: We've posted profits in the last 2 years and have receivables of ~INR 2 crore from our existing clie... View More
Collateral Available: USD 0
Includes physical assets worth USD 26 thousand
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
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 Rs. 23 crores growing, starting with 17% gross margin and optimising 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 FY19-20.

Products & Services Overview

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

Facilities Overview
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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