Trucking Company Seeking Loan in Jharsuguda, India
Ground logistics company providing services to shippers, transporters, and connecting them to truck owners.
| Established | 1-5 year(s) |
| Employees | 5 - 10 |
| Legal Entity | Private Limited Company |
| Reported Sales | Nil |
| Run Rate Sales | USD 54 thousand |
| EBITDA Margin | 10 % |
| Industries | Trucking + 1 more |
| Locations | Jharsuguda |
| Local Time | 8:18 AM Asia / Kolkata |
| Listed By | Management Member |
| Status | Active |
Seeking Loan
USD
335 thousand
for
18.0%
annual interest,
5
years
(Native Currency: INR 30,000,000)
Reason: Business growth.
Collateral Available: USD 11.2 thousand
Includes physical assets worth
USD
22.3 thousand
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
Incorporation Certificate
(524.4 KB)
Directors
(15.3 KB)
Company GST
(174.8 KB)
ROC-Verification.pdf
(60.8 KB)
Business Overview
- Our platform connects brokers, transporters, and shippers to verified truck owners.
- Launched our application in July 2020. It is available on Google Play.
- The website is under maintenance.
- The application allows users to choose and book full truckloads for trucks at top market rates.
- It helps to reduce the idle time in truck rentals and provides drivers an assured load availability as per requirements.
- We have a developer team that looks after the backend operations.
- Users can use the cargo application to book a truck, search for a load, and also get a quote for freight charges in a very short time.
- Have almost 50 truck owners listed with us.
- A commission of 20% is charged from the truck drivers.
- We have worked with Aditya Birla Group for a few orders.
- Intend to work with famous clients like Berger Paints, United Breweries Limited, Dalmia Cement, Asian Paints, Hindustan Unilever's Limited, Haldia Petrochemical, Abd India Limited, and Star Cement.
- The application also allows users to track their shipments instantly.
- We are working on marketing strategies and will finalize them soon.
- As of now both digital marketing and traditional marketing strategies are being carried out.
- Promoter has 5+ years of experience and has another logistics company too.
- Launched our application in July 2020. It is available on Google Play.
- The website is under maintenance.
- The application allows users to choose and book full truckloads for trucks at top market rates.
- It helps to reduce the idle time in truck rentals and provides drivers an assured load availability as per requirements.
- We have a developer team that looks after the backend operations.
- Users can use the cargo application to book a truck, search for a load, and also get a quote for freight charges in a very short time.
- Have almost 50 truck owners listed with us.
- A commission of 20% is charged from the truck drivers.
- We have worked with Aditya Birla Group for a few orders.
- Intend to work with famous clients like Berger Paints, United Breweries Limited, Dalmia Cement, Asian Paints, Hindustan Unilever's Limited, Haldia Petrochemical, Abd India Limited, and Star Cement.
- The application also allows users to track their shipments instantly.
- We are working on marketing strategies and will finalize them soon.
- As of now both digital marketing and traditional marketing strategies are being carried out.
- Promoter has 5+ years of experience and has another logistics company too.
Products & Services Overview
Freight, cargo transportation services.
Assets Overview
Assets include 5 computers, laptops, and furniture.
Facilities Overview
Rented office with a space of 1,800 sqft with a monthly rent of INR 7,000. The rental agreement is renewable on a yearly basis. We have another office in Murshidabad which has a space of 800 sqft and a monthly rent of INR 2,300.
Capitalization Overview
Not Disclosed
Recent Activity
-
Earlier than 15 daysInterior Designer, Interior Design, Hyderabad, Individual Investor / Buyer connected with the Business
-
Earlier than 15 daysProprietor, Food Importer/exporter, Jharsuguda, Individual Investor / Buyer connected with the Business
-
Earlier than 15 daysIndividual Advisor, New Delhi, Financial Consultant connected with the Business
Tags:
Mover & Packer Startup Seeking Loan in Jharsuguda, India
·Dispatching Startup Seeking Loan in Jharsuguda, India
·Lend to Mover & Packer Startup in Jharsuguda, India
·Trucking Startup Seeking Loan in Jharsuguda, India
·Lend to Dispatching Startup in Jharsuguda, India
·Lend to Trucking Startup in Jharsuguda, India
·Mobile App Seeking Loan in Jharsuguda, India
·Phone App Seeking Loan in Jharsuguda, India
·Lend to Mobile App in Jharsuguda, India
·Lend to Phone App in Jharsuguda, India
·Mover & Packer Startup Seeking Loan
·Dispatching Startup Seeking Loan
·Lend to Mover & Packer Startup
·Trucking Startup Seeking Loan
·Lend to Dispatching Startup
·Lend to Trucking Startup
·Mobile App Seeking Loan
·Phone App Seeking Loan
·Lend to Mobile App
·Lend to Phone App
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
4 Investors already contacted this Business.
Register below to connect now!
- Social
- Register
- Login
Who uses SMERGERS?
... and 65,000+ 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