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Drones Business Seeking Loan in Vijayawada, India

Company is involved in manufacturing of Agriculture and Coconut Harvesting Drones based out of Vijayawada.
This transaction has concluded.

Established 5-10 year(s)
Employees 2 - 5
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 40 - 50 thousand
Run Rate Sales USD 60 thousand
EBITDA Margin 20 %
Industries Drones
Locations  Vijayawada
Local Time 12:23 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 12 thousand for 15.0% annual interest, 3 years (Native Currency: INR 1,000,000)
Reason: I want to expand my business and to provide drone solutions for every farmer.
Collateral Available: USD 0
Includes physical assets worth USD 7 thousand
Interested to connect with advisors
Documents
Business Overview

- Our company is involved in various Drone services including Agriculture, Photography, Surveying.

- For our drone manufacturing division, we obtain the drone parts from various suppliers based in Japan and China, assemble the drones ourselves.

- The drones are primarily used for photography in big events.

- Our new invention which is a Coconut Harvesting Drones.

- We provide after sales service of 3 years.

- Promoter has an experience of 5 years in this field.

Products & Services Overview

Photography Drones, Agriculture Drones, Coconut Harvesting Drone, Fire fighting Drone.

Facilities Overview

Office space of 500 Sq Ft, on lease.

Capitalization Overview
Not Disclosed
Recent Activity
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This transaction has concluded. View similar business opportunities on SMERGERS
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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