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