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Online Marketplace Company Seeking Loan in Kharagpur, India

Company with an online platform to sell ayurvedic and food products having 10,000+ sellers and buyers.

Established 1-5 year(s)
Employees 10 - 50
Legal Entity Private Limited Company
Reported Sales USD 560 thousand
Run Rate Sales USD 600 thousand
EBITDA Margin 10 %
Industries Online Marketplace
Locations  Kharagpur
Local Time 12:02 PM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Seeking Loan
USD 500 thousand for 10.0% annual interest, 5 years (Native Currency: INR 40,000,000)
Reason: Set up self-pickup points across India, for marketing, to introduce a loyalty program, add more prod... View More
Collateral Available: USD 0
Includes physical assets worth USD 8 thousand
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Business Name
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Business Overview

- Online platform developed in West Bengal to sell ayurvedic medicine products, food supplements and FMCG products.

- We have more than 10,000+ sellers and buyers registered on our platform.

- Ayurvedic products are listed and sold by us under our own brand name. Rest of the products such as food supplements and FMCG products are listed by other vendors.

- Ayurvedic products are manufactured under our own brand name by a 3rd party producer.

- The platform is active pan India. On a daily basis, the platform receives over 300 orders.

- For the ayurvedic products, we offer self pick up option to nearby buyers from one of our warehouses. Planning to expand this service to other regions.

- Partnered with DTDC and India Post for delivery services.

- To monetize the platform we charge sellers a commission and for ayurvedic products, we keep our margin at the time of listing.

- Promoter has 22 years of experience working with an E-commerce platform.

- Business owns inventory of ayurvedic products, computers, laptops, furniture, website.

Products & Services Overview

Have developed an online platform to sell ayurvedic medicine products, food supplements and FMCG products.

Facilities Overview

Operating from a rented office in Kharagpur. We also have 2 rented warehouses in Kharagpur.

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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