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Small Trucking Company Seeking Loan in Koradacheri, India

B2B logistics company offering road transportation solutions by connecting businesses with commercial trucks, seeks funding.

Established 1-5 year(s)
Employees 2 - 5
Legal Entity Private Limited Company
Reported Sales USD 16.3 thousand
Run Rate Sales USD 17 thousand
EBITDA Margin Nil
Industries Trucking + 1 more
Locations  Koradacheri
Local Time 7:48 AM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 11 thousand for 8.0% annual interest, 1 year (Native Currency: INR 1,000,000)
Reason: Seeking funding for the launch and marketing of our logistics app. The business requires a moratoriu... View More
Collateral Available: USD 0
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Business Name
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Business Overview
- The business specializes in road transportation services, catering to all types of goods vehicles across India, enhancing the logistics sector.
- With over 10 years of experience in the logistics industry, the promoters bring valuable expertise and industry knowledge to offer reliable services.
- The company operates on a B2B logistics model, connecting businesses with commercial truck owners and logistics companies for efficient delivery solutions.
- Revenue is generated on a commission basis for each transportation service rendered, providing a scalable business model.
- The customer base includes 100-150 businesses served to date, showcasing a growing market presence and operational strength.
- Currently, the business operates approximately 10 truck services per day, indicating steady demand for its logistics solutions.
- An innovative app is developed by the business to streamline operations, which allows hassle-free booking of shipments from any location with a unique tracking feature from start to end.
- The business is seeking funding to launch the app, which promises to enhance efficiency and user experience in road transportation logistics.
- Registered with the Ministry of Corporate Affairs (MCA), Udyam and GST, this company is committed to providing seamless logistics solutions that connect customers with commercial vehicle drivers across India.
Products & Services Overview
- The business provides B2B road transportation and logistics coordination services through a commission-based model, connecting businesses with commercial truck owners and logistics providers across India.
- Catering to companies that require reliable and efficient movement of goods, enabling them to book vehicles, manage shipments, and track deliveries.
Assets Overview
The business doesn't have any physical assets of significant value.
Intangible assets include private limited entity, GST Udyam registrations, website and app source code.
Facilities Overview
Currently, we are operating from an office space within one of the directors’ residential premises in Koradacheri, Tiruvarur. We are planning to shift our operations to Chennai and are looking for a rented office space.
Capitalization Overview
Self-funded.
No outstanding loans or liabilities.
There are 3 partners in the business.
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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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