Online Marketplace Startup Seeking Loan in Delhi, India

Online bartering platform for the FMCG and technology industry, seeks funding for product development.

Established From
Employees
Legal Entity
Reported Sales
Run Rate Sales
Nil
EBITDA Margin
Operating at break even
Industries
Locations
Local Time
8:53 PM India
Listed By
Business Owner / Director
Status
Active
Overall Rating
Seeking Loan
USD 7 thousand for 10.5% annual interest, 3 years (Native Currency: INR 500,000)
Reason: Seeking funds for platform development and for working capital.
Collateral Available: USD 40 thousand
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
Business Overview

- We are currently developing a bartering platform for the FMCG and technology industry in India, through which manufacturers and service providers can connect and barter / sell products & services to consumers.

- Our platform is targeted towards the Indian market and is currently in the design phase.

- Have tied up with 5-6 companies from nutraceuticals and technology industry.

- Also, have our team of technology experts and will be providing tech-repair and IoT related services through the platform.

- Revenue model: Commission charged on the product and service sold by other parties.

- Development of the website will be outsourced to a third-party developer and it is expected to be completed within 3 months post obtaining funds.

- Have plans for Android and iOS apps in the future.

- Promoter has 12+ years of industry experience.

- Business does not own any physical assets.

Products & Services Overview

Online bartering platform for FMCG, Food, Technology industry.

Facilities Overview
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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