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Online Marketplace Company Seeking Loan in Mahbubnagar, India

Firm owns a wedding hall booking portal, matrimony and healthcare portal, seeks funding to buy assets.

Established 1-5 year(s)
Employees 5 - 10
Legal Entity Private Limited Company
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Online Marketplace
Locations  Mahbubnagar
Local Time 5:45 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 6 thousand for 12.0% annual interest, 3 years (Native Currency: INR 500,000)
Reason: To buy laptops, computers and furniture.
Collateral Available: USD 0
Includes physical assets worth USD 6 thousand
Name, Phone, Email
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Business Name
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User Verification
Documents
Business Overview

IT company that owns 3 different online portals with fully developed website, is scheduled to launch services next month. Seeking funds to buy laptops, computer and furniture.

Portal 1: Marriage hall booking website that would list wedding and banquet halls from across India. Have a database of 22,500 halls. Revenue model: INR 9,000 annual subscription in Tier I cities and INR 7,500 annual subscription in Tier II cities.

Portal 2: Matrimony website covering all religion and locations. Revenue model: We'll charge annual subscription fees from each user.

Portal 3: Healthcare portal to list hospitals and clinics. We will source data from 3rd party and then on-board these hospitals and clinics. Revenue model: Annual subscription fees from each hospitals and clinics.

Founder of the company has 17 years experience in the IT industry. Physical assets owned by the business includes laptops and furniture.

Products & Services Overview

Portal 1: Wedding hall booking portal.

Portal 2: Matrimony portal.

Portal 3: Healthcare portal.

Facilities Overview

Rental office of 2,000 sq ft.

Capitalization Overview
Not Disclosed
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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