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Travel Agency Seeking Loan in Bangalore, India

Provides hotel booking & travel packages as 3rd party agents, plans to setup the complete business network.
This transaction has concluded.

Established 1-5 year(s)
Employees 2 - 5
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales Nil
Run Rate Sales USD 60 thousand
EBITDA Margin 0 - 10 %
Industries Travel Agencies
Locations  Bangalore
Local Time 12:45 PM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Seeking Loan
USD 18 thousand for 12.0% annual interest, 2 years (Native Currency: INR 1,500,000)
Reason: To take up an office space, website development and establish direct network with airlines and hotel... View More
Collateral Available: USD 0
Business Overview

Firm provides hotels booking and tour packages as 3rd party agents by working in collaboration with other travel agents and have established tie-ups with 38 such agents. We are currently operating at low scale and lack direct tie-up with airlines and hotels, and for this reason we are looking to raise funds. At present we have served round about 100 B2B customers for trips across Europe, Asia and the Middle East.

Founder of the business has 17 years of experience in this industry. We do not have an office yet and do not own any physical assets.

Products & Services Overview

Hotel & flight booking, travel packages.

Facilities Overview

Working out of home office.

Capitalization Overview
Not Disclosed
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This transaction has concluded. View similar business opportunities on SMERGERS
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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