Payment Services Business Seeking Loan in Surat, India

Online recharge and utility bill payment services provider based out of Surat.

Established From
Employees
Legal Entity
Reported Sales
Run Rate Sales
USD 80 thousand
EBITDA Margin
25 %
Industries
Payment Services + 1 more
Locations
Local Time
6:06 AM Ahmedabad
Listed By
Business Owner / Director
Status
Moderately Active
Overall Rating
Seeking Loan
USD 900 thousand for 10.0% annual interest, 5 years (Native Currency: INR 70,000,000)
Reason: Setup office in other states, invest in system and for advertisement.
Collateral Available: USD 0
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Business Overview

- We provide simple and safe online bill payment and recharge solutions to users.

- Instead of partnering with multiple telecos, we have tied with one major IT company who provides us packages offered by these multiple telecom companies which we further sell it to our clients.

- We serve our clients directly through our website and also through retailers tie-ups.

- Have tie-ups with 1,200 retailer such as mobile shops, bill payment offices and others.

- We acquire all the retailers through our distributorship channel present in different states. At present, we have 16 such distributors present in Maharashtra, Gujarat and Madhya Pradesh.

Products & Services Overview

Mobile Recharge, DTH Recharge, Data Card Recharge, Electricity Bill Payments, Water Bill Payments, Cable Bill Payments, Broadband Bill Payments, Landline Bill Payments.

Facilities Overview
Recent Activity
  • Earlier than 15 days
    Founder & CEO, Chennai, M&A Advisor connected with this business
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
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 can I be sure that the business profile will be active?
  • How does SMERGERS rate business profiles?
  • Do I need to pay to connect with a business?
  • Show more