Need help?

Online Marketplace Company Seeking Loan in Rafiganj, India

Pre-revenue premier smart online auction platform, building secure marketplace seeking strategic investor partnership.

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  Gurugram + 1 more
Local Time 11:45 AM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 84 thousand for 10.0% annual interest, 5 years (Native Currency: INR 8,000,000)
Reason: We are seeking funding to accelerate growth by strengthening our marketing efforts and expanding our... View More
Collateral Available: USD 0
Interested in connecting with advisors
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
Business Overview
- Bidding and auction platform for all kinds of products and commodities.
- We have full-time team of 7 developers working on the platform.
- The website is launched and functional right now but has not started earning revenue.
- We will earn money through listing fee (from sellers), transaction fee (from all parties), ad revenue, and buyer processing fee. This ensures multiple revenue streams.
- Our business has a certificate of incorporation.
Products & Services Overview
Our platform will offer auction and bidding facilities for:
- Property market: Seamlessly trade homes, business spaces, and manufacturing sites.
- Trade goods: Instantly deal in essential resources and farm-based produce.
- Automobiles: Sedans, commercial haulers, and two-wheelers.
- Premium assets: Exclusive treasures including vintage artefacts, elite collectables, and upscale merchandise.
Assets Overview
No tangible assets owned by the business.
Intangible assets include the Apple and Google apps, website, domain, source code, and legal entity.
Facilities Overview
Our headquarters and registered address is in Rafiganj, Bihar.
We have also have a rented office in Gurgaon where some team members sit and the other team members including the CEO and founder work remotely.
The founder is based in Europe right now and works remotely.
Capitalization Overview
- We are currently bootstrapping, funding growth through our own resources while focusing on building a strong foundation.
- 2 shareholders in a 90:10 shareholding split.
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. Note that SMERGERS is not liable for any loss, damage, costs, claims and expenses whatsoever arising from transacting with any other user from the website. The final responsibility of conducting a thorough due diligence and taking the transaction forward lies with the users. Please read best practices on SMERGERS.
Contact Business
1 Investor already contacted this Business. Register below to connect now!
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.
You might also be interested in these businesses
    Frequently
    Asked
    Questions
    • Why can’t I see the business’ name or contact number? How do I contact the business?
    • What level of due diligence does SMERGERS conduct on the businesses/member?
    • How active are the business profiles listed on SMERGERS?
    • How does SMERGERS rate business profiles?
    • Do I need to pay to connect with a business?
    • Show more

    Chat with Us
    Welcome to SMERGERS