7.5 / 10
 Hyderabad

Digital trading platform of metal scrap seeks funds to expand and upgrade technology.

Key Business Facts
Yearly Sales USD 12.7 thousand
EBIDTA Margin 20 - 30 %
Industries Mobile Apps
Locations  Hyderabad
Business Overview
- We are a well-established digital trading platform where traders of material scrap can connect with each other.
- We post deals and specifications for iron scrap, brass scarp, alloys, and other base materials.
- The users of the app are mostly yards /warehouses, recycling units, exporters & importers, and traders.
- We have 300-500 registered users on the apps.
- We charge a subscription fee from the users of INR 3,600 for one year from July 1st, 2021.
- Our users are approximately from 10 countries.
- The promoter has 20 years of experience in this field.
Products & Services Overview
Recycled metal scrap ferrous & non-ferrous, ingots, ferro alloys, e-scrap, coal, coke and allied products, ores and minerals.
Assets Overview
4 laptops and office furniture. The business owns mobile application, server codes, and web page.
Partial Stake Sale
USD 21 thousand for 20.0% stake (Native Currency: INR 2,000,000)
Reason: Funds required to expand the activities and to enhance the application by upgrading technology.
Includes physical assets worth USD 4.25 thousand
In talks with 3 Investors
Contact Business or Enquire on WhatsApp