Stationery Company Investment Opportunity in Bangalore, India

Web-app helping streamline office supply procurement for businesses with the help of technology.
This Business is on a Premium Plan
Established From
Employees
Legal Entity
Reported Sales
Run Rate Sales
USD 840 thousand
EBITDA Margin
7 %
Industries
Stationery + 1 more
Locations
Local Time
9:45 PM Bangalore
Listed By
Business Owner / Director
Status
Active
Overall Rating
Seeking Investment
USD 900 thousand for 20.0% stake (Native Currency: INR 65,000,000)
Reason: Looking to expand into more product categories, strengthen our operations, supply chain, technology ... View More
Includes physical assets worth USD 35 thousand
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
Business Overview

- A cloud based web app for catalog buying, order management and order tracking of office supplies like pantry, stationary, housekeeping and IT supplies.

- Our tool includes features like approval structures, centralized procurement, buying assistance, dedicated support.

- We help streamline services required for managing daily office supply requirement for over 15-20 clients with the help of technology.

- Our key clients include WeWork, 91Springboard, Innovate, Furlenco, TATA Global Beverages, Tapzo, Gale Partners and Myntra.

- We procure our products from over 20 vendors including Metro Cash and Carry.

- In the past 9 months of operations we've reached total sales of Rs. 66 lakh per month growing by more than 50% MoM, starting with 17% gross margin and optimising to 25% gross margin.

- We will soon be adding inventory management for which our customers would have to pay to start using.

- The founding team brings 20 years of cumulative tech, operations and sales experience.

- The last years sales figures show the revenue generated in the 3 months in the development stage of the company, the business was run through another entity back then.

Products & Services Overview

One stop shop for all Office consumable requirements like housekeeping, stationery, furniture, electronics, pantry, etc.

Facilities Overview
Recent Activity
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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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