Small Ecommerce Website Seeking Loan in Wardha, India
Strategic debt funding needed to enhance marketing efforts of a Wardha-based quick commerce company.
| Established | 1-5 year(s) |
| Employees | 5 - 10 |
| Legal Entity | Private Limited Company |
| Reported Sales | USD 540 |
| Run Rate Sales | USD 1.3 thousand |
| EBITDA Margin | Nil |
| Industries | Ecommerce Websites + 1 more |
| Locations | Wardha |
| Local Time | 2:04 PM Asia / Kolkata |
| Listed By | Management Member |
| Status | Moderately Active |
Seeking Loan
USD
21.7 thousand
for
10.0%
annual interest,
5
years
(Native Currency: INR 2,000,000)
Reason: Seeking investment to enhance marketing efforts and improve our website. We have not thought of conc...
View More
Collateral Available: USD 0
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Business Overview
- Quick commerce business based in Wardha, operational for 1 year, and managed by 3 directors.
- It caters mainly to offline Gen Z customers through an e-commerce website offering a wide range of quality products delivered in 10 minutes.
- The business stands out by enabling offline vendors to transition digitally, supporting India's "Digital First" initiative.
- We charge a 10-30% commission from the vendor depending on the product category.
- Products are delivered by local delivery partners who use a partner app.
- Require a team of 6 right now for tech development.
- Business has a certificate of incorporation.
- It caters mainly to offline Gen Z customers through an e-commerce website offering a wide range of quality products delivered in 10 minutes.
- The business stands out by enabling offline vendors to transition digitally, supporting India's "Digital First" initiative.
- We charge a 10-30% commission from the vendor depending on the product category.
- Products are delivered by local delivery partners who use a partner app.
- Require a team of 6 right now for tech development.
- Business has a certificate of incorporation.
Products & Services Overview
Wide range of quality products for offline Gen Z customers. Top selling category is food and grocery. We are serving the cities of Wardha, Amravati, and some parts of Noida, Chandigarh, and Bangalore.
Assets Overview
The business does not own any tangible assets. The intangibles include legal entity and website.
Facilities Overview
We operate from a rented office in Wardha.
Capitalization Overview
- No outstanding loans, we have used personal savings to run this business.- The private limited entity has 3 shareholders.
Tags:
Online Marketplace Startup Seeking Loan in Wardha, India
·Lend to Online Marketplace Startup in Wardha, India
·Ecommerce Website Seeking Loan in Wardha, India
·Lend to Ecommerce Website in Wardha, India
·Online Marketplace Startup Seeking Loan
·Lend to Online Marketplace Startup
·Ecommerce Website Seeking Loan
·Lend to Ecommerce Website
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
34 Investors viewed this Business.
Register below to connect now!
- Social
- Register
- Login
Who uses SMERGERS?
... and 66,000+ other businesses of all sizes.
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