Online Marketplace Company Seeking Loan in Jaipur, India

Online platform for listing wedding related services and vendors have 450 paid vendors listed.
This Business is on a Premium Plan
Established From
Employees
Legal Entity
Reported Sales
Run Rate Sales
USD 270 thousand
EBITDA Margin
30 %
Industries
Event Management + 1 more
Locations
Local Time
5:35 AM Bangalore
Listed By
Business Owner / Director
Status
Active
Overall Rating
Seeking Loan
USD 100 thousand for 13.0% annual interest, 8.0 years (Native Currency: INR 7,500,000)
Reason: - For sales & operation expansion. - For office setup in other locations. - Hiring IT and Digital ... View More
Collateral Available: USD 0
Includes physical assets worth USD 28 thousand
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Business Overview

- An online listing platform which connects wedding vendors & service providers and the wedding clients.

- We have our offices in Jaipur, Noida, Bangalore, Lucknow, Patna & Indore.

- We provide verified vendors in 27 categories and 93 sub categories to wedding clients.

- Have around 450 paid vendors on our website.

- Our subscription charges are half yearly and yearly based starting from INR 10,000 to 2,00,000.

- On an average, we receive 50-100 bookings for wedding plans.

- Current sales are higher than last year because we spent last two years to establish the business and were operating only in Jaipur and since April 2018 we expanded our team in 5 cities.

- We are planning to further expand our business in 10 other cities by March 2019. Chandigarh and Ludhiana branches are going to start by next month.

- Promoter has 5 years of experience in this business.

Products & Services Overview

Wedding planning, Wedding photography, bridal makeup, Wedding Catering, bridal wear, groom wear, DJ sound systems, Invitation cards, Decorators.

Facilities Overview
Recent Activity
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Disclaimer: SMERGERS is a 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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