↩ Go Back
Need help?

Social Network Website Seeking Loan in Chennai, India

Online matrimonial platform offering matching services along with other wedding services.

Established 5-10 year(s)
Employees 10 - 50
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 70 thousand
Run Rate Sales USD 70 thousand
EBITDA Margin 35 %
Industries Social Network Websites
Locations  Chennai
Local Time 11:20 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 60 thousand for 10.0% annual interest, 10 years (Native Currency: INR 5,000,000)
Reason: To open branches across India starting from South India.
Collateral Available: USD 60 thousand
Includes physical assets worth USD 24 thousand
Interested to connect with advisors
Documents
Business Overview

- Chennai based online matrimonial platform.

- Our platform is for individuals from all religion and caste.

- We provide matchmaking services for men and women. We also have vendors on our platform for other wedding services like wedding planner, catering, photography, makeup, decoration, orchestra.

- Platform has more than 6,000 registered users for matrimonial services and more than 20 vendors registered to sell their services.

- Receiving over 100 new customer registration per month.

- We have paid services for matrimonial services and we charge a commission from vendors for every order.

- Currently operational only in Tamil Nadu.

- Business owns website, furniture, computers.

Products & Services Overview

Online platform for matrimonial services. Our platform is used for bride and groom matching services and for other wedding services like wedding planner, catering, photography, makeup, decoration, orchestra.

Facilities Overview

600 sq ft office space on the 1st floor taken on a rental basis.

Capitalization Overview
Not Disclosed
Recent Activity
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

2 Investors already contacted this Business.
Register below to connect now!

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

    Frequently
    Asked
    Questions

    • Why can’t I see the business’ name or contact number? How do I contact the business?
    • What level of due diligence does SMERGERS conduct on the businesses/member?
    • How active are the business profiles listed on SMERGERS?
    • How does SMERGERS rate business profiles?
    • Do I need to pay to connect with a business?
    • Show more