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Online Marketplace Startup Seeking Loan in Bahadurgarh, India

Hotel booking & management platform with lowest TAC @13% seeking loan for hotel management expansion.

Established 0-1 year(s)
Employees 10 - 50
Legal Entity Private Limited Company
Reported Sales Nil
Run Rate Sales USD 30 thousand
EBITDA Margin 30 - 40 %
Industries Online Marketplace
Locations  Bahadurgarh
Local Time 4:42 AM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Seeking Loan
USD 24 thousand for 12.0% annual interest, 5 years (Native Currency: INR 2,000,000)
Reason: Require fund to expand our operations to more locations.
Collateral Available: USD 0
Includes physical assets worth USD 12 thousand
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
Business Overview

- Hotel booking platform: Lowest TAC per booking @13%

- Currently engaged with 18 hotels across various locations: Himachal, Manali, Dharamshala, Uttarakhand, Haryana, Punjab.

- Daily bookings amounting to INR 1.5 lakhs.

- Business verticals:

- Full-scale booking and hotel management services overseeing day-to-day operations, financials, and asset management, contributing the majority of revenue.

- Free hotel listings.

- Promoters bring 30 years of experience to the table.

- Holds tourism license, COIU, ISO applied, recognized by Startup India.

- Workforce includes 1 accountant, 2 sales professionals, and 7 digital marketing experts.

Products & Services Overview

Digital booking engine for resorts & full scale hotels in major cities across India.

Assets Overview

Business assets include:

4 wheeler.

3 two wheelers.

Facilities Overview

- Spacious 24*70m office in NCR area, NH10.

- Affordable rent: INR 10,000 per month.

Capitalization Overview

No loans or debts.

Self funded operations.

Shareholders 2 with a 70-30 split.

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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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