Payment Services Business Seeking Loan in Chennai, India
Chennai based online bill payment and bus ticket booking service provider with 2,500+ registered users.
| Established | 5-10 year(s) |
| Employees | < 2 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | USD 7 thousand |
| Run Rate Sales | USD 70 thousand |
| EBITDA Margin | 3 % |
| Industries | Payment Services + 1 more |
| Locations | Chennai |
| Local Time | 2:46 PM Asia / Kolkata |
| Listed By | Management Member |
| Status | Active |
Seeking Loan
USD
12 thousand
for
14.0%
annual interest,
6
years
(Native Currency: INR 1,000,000)
Reason: To expand the business, for promotional activity and to meet working capital requirements.
Collateral Available: USD 240
Includes physical assets worth
USD
300
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
Udyog Aadhaar
(237.7 KB)
Business Overview
- Online bill payment platform also offering bus ticket booking services.
- Currently offering mobile / landline bill payment and recharge services.
- Have 2,500+ registered users on the platform.
- Sold nearly INR 6 lakh worth of phone recharges in the last 3 months.
- Made wallet sales of around INR 5.5 lakh in 3 months.
- Recently introduced bus ticket booking services on the platform.
- Have tie-ups with 3,000+ bus services across 4,000+ cities.
- Intend to add electricity, gas bills and insurance payment services in the near future.
Products & Services Overview
- Phone recharge and bill payments.
- Bus ticket booking services.
Facilities Overview
Rental office area of 1,200 Sq. Ft.
Capitalization Overview
Not Disclosed
Recent Activity
-
Earlier than 15 daysIndependent Advisor, Hyderabad, Financial Consultant connected with the Business
-
Earlier than 15 daysPresident, IT Services, Houston, Corporate Investor / Buyer connected with the Business
-
Earlier than 15 daysManaging Director, Technology, Chennai, Corporate Investor / Buyer connected with the Business
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