6.5 / 10
 Kolhapur

ISO 9001:2015 certified manufacturer of handcrafted Indian footwear created by a team of 70 artisans.

Key Business Facts
Yearly Sales USD 43 thousand
EBIDTA Margin 24 %
Industries Men's Footwear
Locations  Kolhapur
Business Overview
- An ISO 9001-2015 certified manufacturing business for traditional footwear that are handcrafted to perfection, with reinvented comfort.
- Have a manufacturing unit in Kolhapur.
- We have outsourced a team of more than 70 artisans from Maharashtra & Karnataka and have imported machinery for the manufacturing process.
- The footwear are manufactured by the artisans and through machinery at our factory in Kolhapur.
- Currently have a manufacturing capacity of 1,000 pairs per month.
- Products are sold under our brand name.
- We are currently listed on 40 E-commerce platforms - both domestic and international.
- Have recently opened up our factory outlet which is part of our manufacturing unit. Customers can directly purchase from this outlet.
- We intend to expand through franchising outlets for our brand.
- Revenue has decreased due to covid-19.
Products & Services Overview
Manufacture and sell - Kolhapuri Chappal, Punjabi Jutti, Rajasthani Mojadi, Karnataka bund-toe sandals, spares and designer components.
Assets Overview
4 imported machines, 5 Indian machines, furniture, storage unit, inventory.
Partial Stake Sale
USD 60 thousand for 12.0% stake (Native Currency: INR 5,000,000)
Reason: Funds would be used for - team building, advertising, brand development, promotions & subscriptions,... View More
Includes physical assets worth USD 30 thousand
Interested to connect with advisors
In talks with 1 Investor
Contact Business